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PM: Caribbean half-way to 25% food import slash goal
The Prime Minister yesterday said The Bahamas and wider Caribbean are half-way towards achieving their goal of reducing food imports by 25 percent come 2025.
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Chamber chief calls for Caribbean trade boost
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman yesterday called for more intra-regional trade to strengthen Caribbean economies amid ongoing COVID-related supply chain woes.
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Citi executive ‘mildly optimistic’ over travel
A senior Citi executive yesterday said he was “neutral to mildly optimistic” that travel and, by extension, The Bahamas’ tourism industry will not be impacted by a global recession in 2024.
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Gardeners celebrate the Beauty of 50
FOUR of the country’s largest garden clubs will combine their talents for a special showcase to commemorate the country’s fifth anniversary of Independence.
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Oktoberfest events come to Grand Bahama
GRAND Bahama has added a new festival to its calendar of events: Oktoberfest.
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A director of Bank of the Bahamas, Mitzi Turnquest, dies
MITZIE Turnquest, a director of the Bank of The Bahamas, died on Saturday after several days of treatment in hospital.
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EDITORIAL: Putting troops in harm’s way deserves discussion
THE country appears to be sleepwalking towards committing personnel to Haiti.
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Cruise port predicts 20% visitor surge to over 5m
Nassau Cruise Port is projecting a near-20 percent jump in passenger volumes to over five million for 2024, it revealed yesterday, as it watches for on any fall-out from Carnival’s Grand Bahama plans from 2025 onwards.
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Ex-Sky Bahamas chief’s ‘compliance nightmare’
Sky Bahamas principal says he is enduring “a compliance nightmare” as the now-defunct airline “lives to fight another day” in the battle over its former Lynden Pindling International Airport (LPIA) hangar.
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Central Bank: Don’t send dormant accounts ‘direct’
The Central Bank has told its commercial bank and other licensees to stop sending clients seeking to recover dormant accounts directly to it as such applications must come from the institutions itself.
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Commission says ArawakX ‘squandered the opportunity’
The Securities Commission has accused The Bahamas’ first-ever crowd-funding platform of “squandering the opportunity” to show why it should not be wound-up via the Supreme Court.
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ArawakX slams ‘ridiculous’ capital market threat claim
The Bahamas’ first-ever crowd funding platform has slammed as “ridiculous” assertions that it poses a threat to capital markets integrity while accusing regulators of portraying it as a “Mom and Pop” operation.
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‘WE THOUGHT WE’D DIE ON THE PLANE’: Bahamian tells of seeing missiles at Israel airport
FIRST, the ground shook. Then, air raid sirens roared, and a voice came over the hotel intercom: “Please, everyone evacuate. Come immediately to the staircase. We’re under attack.”
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Jones and Liberty lose WNBA Finals opener
Grand Bahama native Jonquel Jones and the New York Liberty were handed a 17-point blowout loss in the Women’s National Basketball Association (WNBA) Finals opener.
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Double champions crowned at the BLTA Senior Nationals
THE Bahamas Lawn Tennis Association’s (BLTA) Senior Nationals saw champions crowned after three days of competition ended yesterday.
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3Lynx Boyz, Eagles earn championship titles at the BFFL Heroes Tournament
THE Grand Bahama 3Lynx Boyz and Eagles are the 2023 men and women’s champions of the Bahamas Flag Football League (BFFL) Heroes Tournament.
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Governance reformers raise anti-corruption Bills ‘concern’
A governance reformer says the omission of anti-corruption legislation from the Speech from the Throne “raises some concerns” about the Government’s upcoming legislative agenda.
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Electricity bill doubling ‘holds back everything’
An Abaco poultry farm says high electricity costs are “holding back everything” after its light bill doubled to $14,000 over the summer.
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UK trade mission’s $1.3bn deals forecast ‘conservative’
Organisers of the first UK trade mission to The Bahamas in 20 years say the possibility it will yield some $1.3bn worth of business deals is “conservative” given the multiple opportunities that arose.
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Is good news really good news?
ActivTrades
Despite the tight monetary policy, the boom in the US job market continues unabated and is once again fuelling concerns about further interest rate hikes among financial markets players. A total of 336,000 new non-farm jobs were added, almost twice as many as many economists had expected. In addition, according to revised government data, there were around 120,000 more jobs in August and July than initially reported.
