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‘New monster in the house’ on small business funding
The finding that 99 percent of Bahamian firms had no interest in seeking debt financing in COVID’s aftermath was yesterday branded “irrelevant” by a small business adviser, who warned: “We have a new monster in the house.”
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Tourism ‘market mix’ can beat Fed’s interest hike
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday voiced optimism that “pent-up” travel demand and a high-end “market mix” can sustain the post-COVID rebound despite the Federal Reserve’s latest tightening.
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‘Polluter must pay’ says minister after fuel spill
ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.
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Cruise island expansion to drive 149% visitor rise
Visitors to a cruise line’s Bahamian private island are forecast to increase by more than 427,000 per year once two piers are constructed to allow its vessels to properly dock, it has been revealed.
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Eight tennis juniors take advantage of JITIC u-14 competition
EIGHT young Bahamian tennis stars are competing in the Under- 14 JITIC regional event in Mexico.
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Minister pledges ‘polluter will pay’ over Exuma spill
A Cabinet minister yesterday pledged that “the polluter will pay”, with the Government “holding their breath” that last week’s Exuma oil spill does no long-lasting harm to the area’s marine life.
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Gov’t hires Rothschild for $11.8bn debt help
The Government has hired Rothschild & Co, a major global financial group, to advise on what could become a “massive refinancing” of much of the country’s $11.8bn national debt, it was revealed yesterday.
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Auto dealers: Sales ‘20% higher’ if we had supply
Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.
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Funeral to be held for Brenda Bethell
FUNERAL services for Mrs Brenda Suzanne Bethell, 92, who died at her home on Thursday, July 21, after a brief illness will be held at St Andrew’s Presbyterian Kirk on Thursday, July 28, at 4pm.
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Attorney General hails ‘trailblazing’ carbon Bill
The Attorney General yesterday hailed the Carbon Credit Trading Bill as “trailblazing”, asserting that The Bahamas is further ahead of the entire world in having a “specific framework” to regulate this multi-million dollar activity.
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Exuma oil spillage: ‘Polluter must pay’
An environmental activist yesterday said it was vital those responsible for last week’s Exuma oil spill pay the full clean-up cost and “meaningful penalties” to deter further pollution-related negligence.
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INSIGHT: What lessons will be learned from Exuma diesel spill?
THE diesel spill at the Old Navy Base cove last week turned all eyes on Exuma – and once more brought the discussion about how well we are protecting our environment to the fore.
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Bahamas ‘can’t sit on laurels’ over digital assets regulation
The Securities Commission’s top executive has warned that The Bahamas “cannot sit on our laurels” as she disclosed that further reforms to tighten digital assets regulation will be unveiled “in the next few months”.
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Old Navy Base cove closed till August as clean up continues
THE Old Navy Base cove in Exuma will remain closed until August 10 as workers clean up the remaining diesel from the water and prepare to remove sand for further testing.
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Poultry producer in halt after 3,000 chick deaths
A Bahamian poultry producer last night said it is suspending operations for a “minimum” three-five weeks, and laying-off ten staff, after a cargo bungle saw almost 3,000 of its chicks bake to death at Miami International Airport.
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Goodman’s Bay
Should Government allow private enterprise to coolly take over public open space and no one lift a hand or even understand what is happening? I am concerned what is openly happening on Goodman’s Bay parking lot to the eastern side.
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Exuma spill recovery ‘down to last 10-15%’
Exuma’s oil spill recovery was yesterday said to be “down to the last 10-15 percent” with the clean-up effort becoming progressively harder as more diesel fuel is pumped out.
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Negotiations restart after industrial action at airport
THE government has restarted negotiations with the Bahamas Public Service Union (BPSU) following Monday’s industrial action with the hopes of having most of their grievances resolved by the end of August.
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LPIA: 75% of Airport Authority staff return
Some 75 percent of Airport Authority staff were yesterday said to have returned to work at the Lynden Pindling International Airport (LPIA) following Monday’s strike action that the Supreme Court deemed illegal.