Story
Atlantis braces for $14m hit from BPL’s fuel hike
Atlantis is predicting it will take a $14m hit this year from Bahamas Power & Light’s (BPL) hiked fuel charges but remains hopeful this will be minimised by higher visitor spend and room rates.
Story
Boat registration fee hikes ‘not a tax grab’
The significant hikes in boat registration fees are not designed “as a tax grab”, the New Providence Port Authority’s chairman asserted yesterday, adding that the new regime will be a “game changer” for compliance and competitiveness.
Story
Bahari gets $20 national symbols usage permit
NATIONAL Security Minister Wayne Munroe said Bahari Bahamas applied and received a permit on Wednesday to feature Bahamian national symbols on their merchandise.
Story
Two men killed while on bail for murder
TWO men on bail for serious crimes were murdered last night.
Story
‘MOTION DENIED’ IN GIBSON TRIAL: Long Island MP’s constitutional motion ‘improper’, judge said
A SUPREME Court judge rejected Adrian Gibson’s latest constitutional motion to impact his corruption trial yesterday.
Story
Gardiner cruises to victory in 400
Bahamian professional track and field athletes stole the show on day two of the Bahamas Association of Athletic Associations’ (BAAA) Junior & Senior National Track and Field Championships.
Story
Anna Vlasov makes history for Bahamas equestrian sport
Becomes first Bahamian to compete in a Regional Show Jumping Championship
ANNA Camille Vlasov has made history for Bahamas equestrian sport by becoming the first Bahamian to compete in a Regional Show Jumping Championship.
Story
Women’s shelter to be ready in a few weeks says Wilchcombe
SOCIAL Services Minister Obie Wilchcombe said officials are preparing four new shelters for women, the first of which would be ready in a few weeks.
Story
Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
Story
Fishing ‘distress’ over boat registration hike
Bahamian fishermen were yesterday said to be “distressed” over “ten-fold” rises in annual boat registration fees that are causing “a lot of panic” in the sector.
Story
Bahamas ‘not tapped out’: FDI inflows at $1.3bn high
The Bahamas is “nowhere near to tapping out” its ability to attract greater foreign direct investment (FDI) flows, it was argued yesterday, after these increased by 6 percent to near-$1.3bn in 2022.
Story
Businesses fear major loss from North Andros BPL fire
Hundreds of North Andros businesses and visiting vendors were yesterday fearing they could suffer substantial losses after the area's entire power generation capacity was destroyed by an early morning fire.
Story
'Reticent' on oil explorer's carbon credits alternative
Environmental activists are urging the Government to "carefully scrutinise" any proposal by Challenger Energy Group to monetise its $150m investment in this nation via the creation of carbon credits.
Story
Selling out! Independence Day sales soar
RETAILERS are reporting strong sales of Independence Day-related merchandise ahead of the Bahamas’s 50th anniversary celebrations.
Story
Day 1 of Track & Field Nationals in the books
Bahamian pro athletes shine
Day one of the Bahamas Association of Athletic Associations (BAAA) Senior and Junior National Track & Field Championships got off to an exciting start at the original Thomas A Robinson stadium.
Story
Babe Ruth Baseball Caribbean Region Championships all set for July 20-24
THE boys will be back in town to participate in the 2023 Babe Ruth Baseball Caribbean Region 12-and-under Championships and the 16-and-under invitational, scheduled for July 20-24.
Story
‘No choice’ but to go Bahamian
The Government must build greater “trust and confidence” in its fiscal plan among Bahamian investors given it has “no choice” but to almost exclusively tap the local capital markets to meet its nine-figure deficit financing demands.
Story
‘Nothing to lose’ on 5% corporate tax
A Bahamian financial services provider yesterday argued that this nation should smash “conformity” by adopting a low-rate 5 percent corporate income tax, asserting: “We have nothing to lose.”
Story
Inland Revenue must be a ‘well oiled machine’ for corporate tax
The Department of Inland Revenue (DIR) must become “a well-oiled machine” that is far more responsive to taxpayer needs under a corporate income tax regime, a prominent accountant is urging.
Story
Reserves hit $2.9bn on Gov’t borrowing boost
The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.
