Story
Bran: Medicine price controls are ‘back door’ VAT admission
The Democratic National Alliance’s (DNA) ex-leader yesterday slammed the imposition of price controls on the pharmaceutical industry as a “back door” admission by the Government that reimposing VAT on medicines was a mistake.
Story
Kai Jones, Ayton and Hield in action tonight
The 2022-23 NBA season officially tipped off last night. However, Bahamian players are scheduled to get their respective campaigns underway tonight.
Story
Professional basketball player Tavario Miller stars in Japan
TAVARIO Miller began a new chapter in his pro basketball career in Japan and has emerged as a leader for his title contending club.
Story
Trade deficit leaps 15.6% to $715.1m
THE Bahamas’ trade deficit increased by 15.6 percent to $715.097m during the 2022 first quarter as cross-border flows continued to rebound from the COVID-19 related restrictions of the year before.
Story
Grand Bahama Power ‘very advanced’ on 20MW solar installation
Grand Bahama Power Company is “at a very advanced stage” in formalising four separate projects that will collectively provide 20 Mega Watts (MW) of solar generation capacity for the island’s grid.
Story
Card spending rose 57% during COVID
Credit card spending in The Bahamas increased by 57 percent year-over-year during the peak of the COVID-19 pandemic as consumers transitioned to digital and online payments, a survey has disclosed.
Story
Plane goes off runway
THE Air Accident Investigation Authority yesterday reported an incident involving a Flamingo Air Beech 99 aircraft, registration C6-OFM.
Story
Bahamas 15th in region for COVID-19 deaths
THE Pan American Health Organisation’s Health in the Americas country profile has revealed The Bahamas ranked 15th in the region for the number of COVID-19 released deaths from 2020 and 2021.
Story
Bahamas’ ‘rosy picture’ not making the grade
A top insurer was yesterday “hoping and praying” The Bahamas can reverse its continual downgrades despite the Government’s “rosy picture” of its fiscal and economic standing failing to convince the rating agencies.
Story
Businesses blast Grand Bahama Power fuel charge hike
GRAND Bahama Power Company’s (GBPC) impending fuel charge increase was yesterday branded “disgraceful” by one businessman although the move came as little surprise.
Story
No sanctions over price control ‘death warrant’ execution
The Government last night backed down from imposing sanctions on food retailers and pharmacists who fail to enact the expanded price control regime - which one branded “a death warrant” - by today’s deadline.
Story
The Bahamas’ top two life insurers downgraded
The Bahamas must “take concrete steps” to reverse the trend of sovereign credit rating downgrades after the country’s two largest life and health insurers saw their own financial strength assessments slashed as a result.
Story
Union chief says: ‘Don’t encourage mediocrity’
A trade union leader says the labour movement “must not encourage mediocrity” in the workplace as he urged patience when over trying to achieve all goals in industrial negotiations.
Story
Grand Bahama electricity costs 40% below rest of Bahamas
Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).
Story
Bahamian pro basketball players in Euro spotlight
BAHAMIAN pro basketball players across various leagues in Europe produced season highs in early season play for their new clubs.
Story
Scheme aims to bring farming into the backyard
AGRICULTURAL Development Organisation has partnered with The Church Commercial Farming Group (TCCFG) to facilitate the backyard farming initiative.
Story
‘Challenge to survive’ even on $260 minimum wage
DESPITE the government raising the country’s minimum wage to $260, some yesterday argued that the challenge to survive remains.
Story
Long Island cruise port build-out to hit $500m
The developer behind the planned Long Island cruise port has committed to employing a workforce that is a minimum 80 percent Bahamian for a project where the total investment could exceed $500m.
Story
PM: ‘No concerns’ that businesses won’t cope
PRIME Minister Phillip “Brave” Davis said yesterday he had no concerns about small business longevity in the face of an impending light bill increase and now a newly announced higher minimum wage of $260 a week. Mr Davis said it was a step in the right direction.
Story
Officials to assess national diploma
EDUCATION Minister Glenys Hanna-Martin revealed officials are hoping that by December they will be able to make an accurate assessment of the national high school diploma so that they can ensure it does not negatively affect students.