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Gov’t yet to decide over Abaco ports
A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.
More than 100 investors at risk of losing crowdfund investment
A former Colina Insurance Company chief and at least 115 fellow investors are in peril of losing most, if not all, their combined $2.4m-plus investment in the insolvent ArawakX crowd-funding platform.
BTC launches 'same speed' fibre packages
The Bahamas Telecommunications Company (BTC) has unveiled fibre packages that all provide the same Internet upload and download speeds as it seeks to deliver faster and more reliable connections.
Police quiz more in DRA investigation
POLICE officers from New Providence visited Grand Bahama last week to interview a number of Disaster Reconstruction Authority employees as part of a criminal investigation.
Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil
Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.
IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
King Charles III has cancer and is receiving treatment, Buckingham Palace says
LONDON (AP) — King Charles III has been diagnosed with a form of cancer and has begun treatment, Buckingham Palace said Monday. Less than 18 months into his reign he will suspend public duties but will continue with state business, and won't be handing over his constitutional roles as head of state.
Businesses wait over two months for bank account
BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.
New home listings surge 1,025% on ‘right-sizing’
New home listings in the major Bahamian islands increased by 1,025 percent year-over-year for the 2023 second quarter, a major realtor disclosed yesterday, amid signs it is “slowly turning to a buyer’s market” after a “bonkers” post-COVID.
Sixth Best of the Best Regatta in Montagu Bay this weekend
WITH sailing now officially declared the national sport of The Bahamas, the hype has intensified as the skippers and their crew get their boats ready to compete in the sixth Best of the Best Sloop Sailing Regatta in Montagu Bay this weekend.
ArawakX directors stay in control of BOB battle
The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.
$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim
The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.
Liquidators ‘blocked as ArawakX set up similar operation in US’
ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.
PM told that BPL fuel hedge ‘in the money’
The Prime Minister was told Bahamas Power & Light’s (BPL) fuel hedge, which his administration has sought to discredit, was “in the money” even though fuel woes “substantially ate into the benefits”.
‘Golden Girl’ Pauline presents book to Dame Marguerite Pindling
AS they reflect on their humble beginnings as one “barefoot girl” to another, Golden Girl Pauline Davis presented her award winning book “Running Sideways” to former Governor General Dame Marguerite Pindling. Davis, 57, presented the book to Pindling, 91, during a courtesy call at the wife of the first Prime Minister of the Commonwealth of the Bahamas, Sir Lynden Pindling, at her home on Skyline Drive on Tuesday.
Pipe maker to hire 90 for $1m plant build-out
A NEWLY-created PVC pipe manufacturer has pledged to hire more than 90 persons for the construction of its $1m Grand Bahama plant that is due to be completed by September 2024.
Govt spending over $1m to modernise and revamp website
MORE than $1m will be spent to revamp and modernise the government website, according to Wayde Watson, parliamentary secretary in the Ministry of Economic Affairs.
Retailers ‘not easing up’ on gas margin increase
The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.
STATESIDE: Hard to be hopeful with state and future of the Middle East
We will be reading and watching for days and weeks to come about the awful human misery unfolding in Gaza, one of the most politically sensitive enclaves anywhere on earth. The Tribune featured an in-depth look at the history of the region earlier this week. Here’s another brief take on the current tragedy.
BGDBA Playoffs: Panthers lead 2-1 in series, Cybots remain undefeated
THE Ministry of Youth, Sports and Culture (MOYSC) Panthers and Bain and Grants Town Cybots are heating up in round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs.
