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Infrastructure Fund’s public offering plan
Bahamian investors will be given the opportunity to own a portion of the proposed National Infrastructure Fund via an initial public offering (IPO), a Cabinet minister confirmed yesterday.
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THE GREEN AUTOMOBILE REVOLUTION
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NIKOLA Tesla, born in 1856 was a Serbian- American engineer who contributed to our modern alternating current electricity supply system. He became a well-known inventor and was noted for his showmanship at public lectures and his demonstrations to celebrities and wealthy patrons.
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Resorts showing Easter promise
Family Island hotels say they are “booked solid” for the Easter period, with one disclosing an 80 percent occupancy level for the holiday that traditionally marks the winter season peak and climax.
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A poem to Duke Smith
PLEASE publish this birthday poem that I wrote for my oldest brother, Duke Bradley Smith.
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Governance reformer defends Fiscal Act on govt ‘latitude’ concern
THE Bahamas must strike “a balance between functionality and best practice”, a governance reformer said yesterday, after its fiscal responsibility law was criticised for giving government “too much latitude”.
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120 body cameras in use - with more still to come
NATIONAL Security Minister Marvin Dames said police officers are using 120 body cameras with more expected to be rolled out.
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Jones sets season high 17, Hunter has career high 11
BIG nights from Kai Jones and Sammy Hunter en route to résumé building wins for their programmes highlighted Bahamian student athletes in NCAA Division I basketball on Tuesday night.
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D’Aguilar: Things will get better as vaccines roll out
TOURISM Minister Dionisio D’Aguilar said yesterday he is hopeful things will improve for the country’s tourism industry “during the course of the year” as vaccination campaigns against COVID-19 continue to be rolled out worldwide.
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PM: $20m 'pipeline' of local investments
The Government-sponsored venture capital fund is expected to create 130 local jobs via $1.5m in combined equity financing that has been injected into seven Bahamian businesses.
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WORLD VIEW: US–Cuba normalisation could increase production of COVID-19 vaccines
IF US President Joe Biden eases the trade embargo against Cuba, one benefit to developing countries, including the Caribbean, could be greater access to coronavirus vaccines at an affordable price.
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32 new cases and one more death confirmed
THIRTY-TWO new COVID-19 cases and one more virus-related death were recorded in the country between Friday and Saturday, pushing the nation’s tally to 8,551 with 980 of those cases still active.
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Marinas eye ‘five-fold’ yacht charter growth
A SENIOR marina executive says he expects The Bahamas’ yacht charter business “to grow five-fold within the next five years” based on rapidly-increasing interest in the destination.
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NIB ‘lost control’ of $11m housing loan
The National Insurance Board (NIB) “lost control” of its $10.8m loan to the Government’s housing scheme, a forensic audit probe found, leading to $2.753m in “unauthorised obligations” being incurred.
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GB Shipyard to be ‘biggest Caribbean industrial’ player in $100m investment
The Grand Bahama Shipyard will become “the biggest industrial concern in the Caribbean by far” if it proceeds with a $100m-plus investment to build the world’s largest floating dock.
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Carnival awaiting permits for GB ‘crown jewel’ start
A senior Carnival Corporation executive yesterday voiced optimism that construction on its Grand Bahama “crown jewel” can still start this year despite the pressures imposed by COVID-19.
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Marina chief hits at increased red tape
The Association of Bahamas Marinas (ABM) yesterday voiced frustration that the entry process for incoming boats and yachts has been made “more complicated and difficult” for 80 percent of the market.
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Ex-finance minister says income tax 'stable' choice
An ex-minister of state for finance yesterday backed income tax as a more "stable" and equitable alternative to the present regressive structure that is dominated by VAT and import duties.
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Brewery’s $1.331m loss exposes COVID fall-out
Commonwealth Brewery yesterday unveiled a negative $11.685m bottom line reversal as full-year 2020 revenues slumped by 28.4 percent due to COVID-19’s economic devastation.
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Bahamian student athletes take NCAA Division I spotlight
CHARLES Bain’s scoring output since last week’s senior night has been his best stretch of the season to highlight play from Bahamian student athletes in NCAA Division I basketball last weekend.
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WORLD VIEW: Don’t take the vaccine and all you’ll do is prolong this crisis
PEOPLE in the Caribbean who refuse to take vaccinations to counter the corona virus will cause the COVID-19 pandemic to remain longer in the region, endangering lives, livelihoods, and entire economies.
