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PHA confirms 145 infections of dengue fever with six hospitalised
PUBLIC Hospitals Authority Managing Director Aubynette Rolle said six people are hospitalised with dengue fever.
Seasonal rush expected at LPIA
LYNDEN Pindling International Airport officials urge travellers to pack patience for this weekend, which they expect to be the busiest of the year, surpassing the number of travellers last year.
BPL CEO rates company 8 out of 10
BAHAMAS Power & Light CEO Shevonn Cambridge rates BPL’s performance an eight out of ten.
S&P: Austerity ‘likely’ to meet Gov’t debt targets
Standard & Poor’s (S&P) last night argued that the Government will likely struggle to meet its debt reduction targets “without material new revenues, significant cost-cutting or well above average economic growth”.
Freeport 'could attract $100bn if the economic model is right'
A Grand Bahama Port Authority (GBPA) director yesterday argued "Freeport needs $10bn, and could attract $100bn if we get the model right" amid a peace offering from the deputy prime minister.
FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
Govt's $61m surplus for quarter to March
The Government ran its third consecutive monthly fiscal surplus in March as the calendar year's traditionally revenue-rich first quarter saw revenues exceed spending by more than $60m.
Stopover visitors exceed pre-COVID high by 30%
Stopover arrivals beat pre-COVID highs by more than 30 percent in September with the economy forecast to hold its “growth momentum” into 2024, the Central Bank said yesterday.
Bahamian realtor generates $100m sales after rebrand
A rebranded Bahamian real estate firm generated $100m in property sales during its first week of operating under two international industry names.
Real estate ‘bull can only run for so long’
The Bahamian property market is “correcting itself” to more sustainable pre-COVID highs, realtors agree, with 2023 second quarter New Providence home sales down 21 percent as “the bull can only run for so long”.
Bahamas to grow 'in low 2% range' in '24
Improvements to workforce productivity and the ease of doing business are critical to boosting economic output with Bahamian GDP forecast to expand in "the low 2 percent range" in 2024.
Mingoes hold on for BFA season-opening win
THE University of The Bahamas men’s soccer team had to fight to pull off a win to open the team’s season in the Bahamas Football Association.
Departures up nearly a quarter in November, says Central Bank
The tourism sector recording "healthy growth" with departures up 23.9 percent in November with the economy forecasted to maintain its growth trajectory for the remainder of the year, the Central Bank said yesterday.
Crowdfunded real estate business still waiting one year later for Securities Commission approvals
AKERAGE Ltd, a crowdfunding business promising to revolutionize how people invest in real estate, is still awaiting relevant approvals from the Securities Commission of The Bahamas a year after announcing provisional approval from the regulator.
Mingoes pick Baha Jrs apart with 10-0 win
THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.
PM says divorce is a solution for marital rape
GIVING no firm indication that his administration will criminalise marital rape, Prime Minister Philip “Brave” Davis suggested yesterday that divorce is the solution for women who believe their spouse has raped them.
PETER YOUNG: Immigration is top of agenda again in Britain
A widely familiar refrain is that politics is a dirty business.
FTX real estate sell-off can’t cover $256m debt
The sell-off of FTX’s high-end properties “will not be sufficient” to fully repay the $256.3m debt owed to the crypto exchange’s Bahamian subsidiary, it has been asserted.
Insolvent contractor’s staff recover just 10%
The Government and former workers are set to receive just over 10 percent of what they are owed by a Cavalier Construction affiliate, its liquidators have revealed.
Act like a developed country
The World Bank classifies The Bahamas as a “high income, developed country”, while the International Monetary Fund places our nominal wealth per capita as slightly higher than that of Japan. We have, in our independent history, never been a “middle income” country or even close.
