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Family Island land solution growth key
Resolving land issues in the Family Islands is a key component of the National Development Plan, one of its key architects said.
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Doctor’s PI expansion tied to Royal Caribbean
A Bahamian doctor yesterday revealed he aims to capitalise on Royal Caribbean's beach club by expanding to Paradise Island with his third footwear store when that project opens in 2025.
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STATESIDE: While Biden tries to appear as ‘labour’s best friend’ Trump seems to lose favour
ONE year from this morning, we’ll know who the Democratic and Republican party nominees are in a presidential election contest that will then only be six weeks away. And we’ll know if a third-party candidate or candidates have emerged to challenge America’s deeply entrenched two-party political duopoly.
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‘BISX home makes sense’ for Bahamas carbon credits
The Bahamas International Securities Exchange (BISX) is “definitely exploring” the listing and trading of the country’s blue carbon credits on its platform, its top executive asserting: “A home on BISX makes sense.”
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‘Putting circle in a triangle’: Why developments fail
A Bahamian environmental consultant yesterday argued that the main non-financial reason that major development projects fail is because their principals “try to put a circle into a triangle”.
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Cable partners over $5m Exuma cays connectivity
Cable Bahamas has teamed with another provider to develop a $5m sub-sea fibre network that will provide broadband Internet connectivity to hundreds of residents across 34 Exuma cays.
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FNM chair blames VAT for ‘marina ghost town’
Bahamian marinas yesterday warned it was vital the country develop “a unified voice” over the imposition of VAT on yacht charter fees amid suggestions that it has resulted in several boating destinations becoming “a ghost town”.
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Abaco resort eyes ‘break even’ 5% rate increase
The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.
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Bowleg: Chinese may assist stadium repairs
YOUTH, Sports and Culture Minister Mario Bowleg said discussions with the Chinese government are continuing to help fund the $10m repairs to the Thomas A Robinson Stadium.
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Obie Wilchcombe initially ‘felt cold’ on Social Services says friend
ADRIAN Francis, a decades-long friend of Obie Wilchcombe, said the former West End Grand Bahama and Bimini minister gradually embraced his role as minister of social services after initially feeling cold about the post.
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‘TOURISTS TOLD TO STAY AWAY’ . . . but cruise denies passengers advised to avoid Port Lucaya
CARNIVAL Cruise Line has denied discouraging its passengers from visiting the Port Lucaya Marketplace in Freeport after vendors alleged the cruise ship is steering guests away from the area because of safety concerns.
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Ayton traded to the Trail Blazers
Centre Deandre Ayton, who was embroiled in contract talks with the Phoenix Suns and a heated clash with former head coach Monty Williams, has been traded to Portland, becoming the second Bahamian to play for the Trail Blazers.
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British Colonial receives 400 manager applicants
Some 400 persons yesterday applied for managerial posts at the re-opening British Colonial with the property targeting a workforce that is 95 percent Bahamian.
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Tourists 'lament' tour and excursions gap
A senior tourism official yesterday said there is "a gap" in The Bahamas' tour and excursion product with many visitors "lamenting" that there are not enough activities to do.
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ALICIA WALLACE: Government ‘unserious’ on gender policy progress
THE national gender policy has been on the shelf for years. It was first drafted more than a decade ago, and last updated in 2018.
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Three groups eyeing BISX digital assets partnership
The Bahamas International Securities Exchange’s (BISX) chief executive says he is keen to avoid any “let down” with three separate groups “expressing significant interest” in partnering with it to develop a digital assets arm.
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Bahamians were more interested in ‘socialising’ than digital training
Bahamians were initially more interested in socialising than learning new technology-related skills deemed vital to prospering in the 21st century’s digital-driven economy, a report has revealed.
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Gov’t: Communications sector regulation requires full review
The Government has determined that “a comprehensive review of the legal and regulatory framework” governing the electronic communications sector is now critical given the speed at which it and associated technologies are evolving.
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‘Don’t get tied down’ to 50% debt-to-GDP goal
The Bahamas must move away from its 50 percent debt-to-GDP target and instead prioritise achieving economic growth rates “north of 3.5 percent” to get back on track, a governance reformer is arguing.
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BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.