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Security guard charged for possession of ammunition
A SECURITY officer was granted bail after he was accused of having almost 100 rounds of rifle ammunition in his home last weekend.
Tourism performance has outpaced projections according to MOT report
THE Ministry of Tourism revealed yesterday that The Bahamas has had more than five million arrivals in the first seven months of this year, predicting a visitor rate of more than eight million by the end of the year.
Arawak port beats profit target by 18%
Nassau’s main commercial shipping port yesterday revealed it beat its full-year profits target for 2023 by some 17.7 percent or more than $1.4m compared to original forecasts.
‘Don’t share carbon credit benefits with oil explorer’
Environmental activists yesterday argued that the full benefits from creating carbon credits, and their subsequent trading, should go to the Bahamian people and not be shared with an oil explorer seeking to recover its $150m investment.
‘More improvements’ needed on Bahamas First’s Cayman health
Bahamas First says “more improvements” are required before the woes impacting its Cayman health portfolio are fully behind it as it unveiled profits of $2.2m for the quarter to end-September 2023.
Commonwealth cuts loan delinquency by up to 5%
Commonwealth Bank says non-performing loans have reduced by between 1-5 percent across all credit segments since year-end 2022 as its portfolio expands faster than market growth.
Minister set to intervene on hotel industrial deal
THE minister of labour will today meet with hotel union executives to discuss the latest counter-proposal from resort employees in a bid to break the stalemate over industrial agreement talks.
Five-hour talks fail to break hotel industrial deal deadlock
THE Government’s labour director last night said almost five hours of “intense negotiations” had failed to break the deadlock over a new industrial agreement covering much of the hotel industry.
Be aware of threats to your kids
“The greatest threat to our children doesn’t come from strangers. It comes from people we know and trust.” – Darkness to Light.
Brave, true words at Lyford Cay
Having seen excerpts from the Prime Minister’s speech at Lyford Cay last week, I am left with the hope that we may finally have a government that understands the basic interests of The Bahamas and Bahamians for the first time since that of Lynden Pindling.
The middle class under pressure
Much has been made of Prime Minister Philip Brave Davis’ recent trip to Uganda in which he took part in the Non-Aligned Movement Summit. It was probably a representative for the Davis camp who took photos of him feeding chimpanzees while in Uganda, apparently not realising the backlash it would cause.
FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence
NEW YORK (AP) — Sam Bankman-Fried's lawyer said Tuesday that a suggested 100-year prison sentence for the FTX founder by an arm of the court is "grotesque" and "barbaric" and at most a term of a few years behind bars is appropriate for cryptocurrency crimes that the California man still disputes.
Gas leak victim’s damages cut 77%
The Court of Appeal has slashed by 77 percent the damages awarded to a Bahamian homeowner after fuel leaks from a nearby Rubis gas station contaminated and polluted her property.
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.
Chisholm Jr, Marlins lose Wild Card Series
Phillies sweep Marlins to earn NL Division Series rematch with MLB-best Braves
PHILADELPHIA (AP) — Bryson Stott crushed the second grand slam in Philadelphia Phillies postseason history and Aaron Nola tossed seven shutout innings in a performance worthy of a postseason ace that led to a 7-1 win and a two-game sweep over the Miami Marlins in their NL Wild Card Series last night.
Bank stability at 7-year high on $400m profits
The Bahamian commercial banking sector’s stability hit a seven-year high in 2022, the industry’s regulator has revealed, as combined profits soared nearly 59 percent to just shy of $400m.
Melia demolition finish ‘before winter season’
Baha Mar’s owner is seeking to completely demolish the former Melia Nassau Beach Resort before the 2023 winter tourism season starts, it was revealed yesterday, although it has not determined what will replace the hotel.
Health premiums drop $15m on COVID travel cover end
Bahamian health insurers suffered a near-$15m year-over-year decline in group premiums last year due to the Government ending COVID-19 protection plan for visitors.
‘We begin our journey into the realm of sports nutrition’
RECENTLY, I have been deeply fascinated by the profound impact of sports nutrition on athlete achievement and overall well-being.
A solution for the Haiti dilemma
Little Inagua is a small remote island in the Bahamas and it is the largest uninhabited island in the Caribbean. It is 50 square miles (as big as New Providence) and only 100 miles from Haiti. 370 miles from Nassau, 553 miles from Miami and 16 miles from Greater Inagua.
