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Atlantis: 30% spend, rate jumps ‘as good as it gets’

Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.

Fishing ‘distress’ over boat registration hike

Bahamian fishermen were yesterday said to be “distressed” over “ten-fold” rises in annual boat registration fees that are causing “a lot of panic” in the sector.

Bahamas ‘not tapped out’: FDI inflows at $1.3bn high

The Bahamas is “nowhere near to tapping out” its ability to attract greater foreign direct investment (FDI) flows, it was argued yesterday, after these increased by 6 percent to near-$1.3bn in 2022.

North Andros residents in the dark after BPL fire

NORTH Andros residents scrambled to preserve their goods and cool their bodies after a fire destroyed all generator units at a Bahamas Power and Light station in North Andros yesterday.

Another blow for Andros

In the face of already dire circumstances, the situation in North Andros has taken a turn for the worse. The Bahamas Power and Light Powerhouse, a critical facility responsible for providing electricity to the region, has tragically burned down.

Businesses fear major loss from North Andros BPL fire

Hundreds of North Andros businesses and visiting vendors were yesterday fearing they could suffer substantial losses after the area's entire power generation capacity was destroyed by an early morning fire.

'Reticent' on oil explorer's carbon credits alternative

Environmental activists are urging the Government to "carefully scrutinise" any proposal by Challenger Energy Group to monetise its $150m investment in this nation via the creation of carbon credits.

Selling out! Independence Day sales soar

RETAILERS are reporting strong sales of Independence Day-related merchandise ahead of the Bahamas’s 50th anniversary celebrations.

Day 1 of Track & Field Nationals in the books

Bahamian pro athletes shine

Day one of the Bahamas Association of Athletic Associations (BAAA) Senior and Junior National Track & Field Championships got off to an exciting start at the original Thomas A Robinson stadium.

So far, Bahamas has four medals at CAC games

TEAM Bahamas continued competition at the 24th edition of the Central American and Caribbean (CAC) Games in San Salvador, El Salvador, yesterday.

Babe Ruth Baseball Caribbean Region Championships all set for July 20-24

THE boys will be back in town to participate in the 2023 Babe Ruth Baseball Caribbean Region 12-and-under Championships and the 16-and-under invitational, scheduled for July 20-24.

‘No choice’ but to go Bahamian

The Government must build greater “trust and confidence” in its fiscal plan among Bahamian investors given it has “no choice” but to almost exclusively tap the local capital markets to meet its nine-figure deficit financing demands.

‘Nothing to lose’ on 5% corporate tax

A Bahamian financial services provider yesterday argued that this nation should smash “conformity” by adopting a low-rate 5 percent corporate income tax, asserting: “We have nothing to lose.”

Inland Revenue must be a ‘well oiled machine’ for corporate tax

The Department of Inland Revenue (DIR) must become “a well-oiled machine” that is far more responsive to taxpayer needs under a corporate income tax regime, a prominent accountant is urging.

Reserves hit $2.9bn on Gov’t borrowing boost

The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.

Munroe: Bahari has no permit for National symbols use

NATIONAL Security Minister Wayne Munroe said a popular clothing store, Bahari Bahamas, does not have permits to feature Bahamian national symbols on their merchandise and has not responded to his ministry’s demands to comply with the law.

Ken Mullings secures silver in the decathlon

After completing two intense days of competition in 10 events, Ken Mullings clinched a silver medal in the men’s decathlon last night at the Central American and Caribbean Games in San Salvador, El Salvador.

Officials making ‘final preparations’ for Bahamas Golden Jubilee Games

WITH five days remaining until the country’s 50th year of Independence, and two days remaining until the official start of The Bahamas Golden Jubilee Games officials are making final preparations to ensure the public and athletes enjoy the celebratory sporting event.

I-BAP All-Star Series: Three division champions crowned

THE fifth edition of the I-BAP (Bahamas Athletic Pride) The Show: All-Star Survival concluded with three division champions crowned following the event which was held from June 25 to July 2.

Team New Providence ready for Bahamas Games

AFTER 20 long years, the Bahamas Games are finally back.

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