All results / Stories
‘Revenue rise fruit of FNM’s policies’
FORMER State Minister for Finance Kwasi Thompson said the former Minnis administration’s fiscal strategy is bearing fruit, citing a recent report that found that revenue performance surpassed $550 million in the first quarter of the fiscal year 2021/2022.
The fiscal mess we find ourselves in
Fiscal and financial information and understanding good question — honestly I doubt the majority of the past four-Governments had too much understanding of the real issues and as a result we are in the fiscal mess that we find ourselves. But no one seems will admit or be honest about the reality.
Caribbean Bottling yet to ‘dent’ 15-18% sales gap
Caribbean Bottling’s president yesterday said it has yet to “materially dent” the 15-18 percent gap with pre-COVID sales levels as he voiced doubts that the divide will close in 2022.
No ‘far-off dream’: On target for 1m tourists
The Bahamas is on target to realise its “far-off dream” of one million stopover visitors in 2021, a top official disclosed yesterday, while hotel rates and tourist spending up on pre-COVID levels.
KDK REPORT: Bad habits, bad health - how do we break the cycle?
EVERY human being has at least one physical characteristic they’d like to change or, in the very least, enhance. That demand has fuelled a multi-billion-dollar global make-up and skin care industry.
VAT cut’s ‘modest’ jobs, growth effect
Cutting the VAT rate to 10 percent will cause “only slight improvement” in job creation and economic growth, a University of the Bahamas (UoB) study asserts, while advocating it still “be pursued’.
Burrows and Tigers get wins over Woodswide and Capers, Gibson and Huskies open season victorious
THE 2021-22 Atlantic University Sport men’s basketball season tipped off on October 29 and several Bahamians were active for their respective programmes in opening weekend double headers.
Virgin ‘pacing ahead’ of Bahamas route forecast
Virgin Atlantic’s just-launched Bahamas route is already “pacing ahead” of forecast business volumes for its first six months, the country’s top tourism official said yesterday.
COVID loan defaults ‘not as bad as feared’
The Central Bank’s governor yesterday said the rise in COVID-related loan delinquencies is not as bad as feared with the increase set to fall “well below” the previous 15 percent peak.
Food process hub targets $1.8m crowd fund raising
An all-woman partnership is seeking to raise $1.8m via the ArawakX crowd funding platform and become “the regional hub” for food processing and export distribution.
‘Quite a bit of Atlantis workers’ remain furloughed
BAHAMAS Hotel Catering and Allied Workers Union president Darrin Woods says “quite a bit” of Atlantis workers remain furloughed, adding they continue to hang in the balance for word on what the hotel intends to do with the end to the COVID-19 Emergency Powers Orders.
COVID PATIENTS FACE NEW RISK: Experts warn mass use of anti-infection drugs poses threat
A PAN American Health Organisation official has raised the alarm about the “unprecedented” use of antimicrobials during the COVID-19 pandemic, which can lead to a rise in drug resistant infections.
EDITORIAL: Let the court decide on shanty towns
THE plans for free COVID tests are coming soon. The solution to the Cabbage Beach access row is coming soon. Plans for a “workable” wage are coming soon. The Grand Lucayan conclusion is coming soon.
Cruise giant in $3,000 annual PI seabed deal
Royal Caribbean Cruise Lines secured a second lease from the Minnis administration allowing it to rent three acres of seabed off Paradise Island for just $3,000 per annum, it can be revealed.
Coalition to stop Grand Bahama power price increase
THE Coalition for Concerned Citizens is urging the Grand Bahama Port Authority not to approve Grand Bahama Power Company’s application for a rate increase in electricity.
Hotels won’t rebound to pre-COVID employment
A top hotelier yesterday conceded it will “be very difficult” for existing Bahamian resorts to fully return to 100 percent of pre-COVID staffing levels due to the changed working environment.
BTC ‘shut down’ warning on mandatory vaccination
The Bahamas Telecommunications Company’s (BTC) line staff union yesterday warned it will “shut the company down” if its parent continues to push a mandatory COVID-19 vaccination policy.
Change law so staff pay for COVID tests
A top hotelier yesterday issued “a clarion call” for The Bahamas to eliminate legal stipulations that mandate employers must pay for their workers’ COVID-19 testing.
Enough of ‘pie in the sky’ promises
Long Island has had enough of “pie in the sky” promises, its chief councillor said yesterday, describing “appalling” health clinics and “hanging my head in shame” over the lack of tourist facilities.
Cable targets $80m New Providence fibre roll-out
Cable Bahamas plans to invest $80m over the next two-three years on rolling out its New Providence fibre-to-the-home network, its top executive has revealed.
