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Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Where did govt shares in GBPA go?
The recent brouhaha between the government and the Grand Bahama Port Authority that has found its way onto the front pages of your newspaper reminded us of another controversial subject involving these two protagonists.
Big Red Machine just keeps rolling
The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.
American couple rebuild after Hurricane Dorian devastated their Guana Cay retirement home
AMERICANS Norvell and Mark Slezycki went on an emotional roller-coaster after Hurricane Dorian swept away their dream retirement home in Great Guana Cay, Abaco.
No consumer respite despite inflation ease
As the tide of inflation in The Bahamas seems to be ebbing, it prompts reflection on what this means for the average Bahamian’s wallet.
‘Showdown in Paradise’
The 2024 World Relays to be hosted on home soil at the Thomas A Robinson National Stadium is already shaping up to be exciting but officials added another layer of excitement with the launch of the pregame show “Showdown in Paradise”.
Nassau Cruise Port joins with the dignified girl project to donate feminine products to four groups
IN celebration of International Women’s Month, the Nassau Cruise Port partnered with the Dignified Girl project to donate 300 bags filled with essential feminine products to four organisations on Friday.
PM is well suited for finance role
IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Call for immediate ceasefire
JOINING the voices of non-governmental organisations, feminist movements, and activists all over the world, Equality Bahamas calls for an immediate ceasefire and an end to the occupation of Palestine by Israel.
‘This year’s carnival will look less like Junkanoo’
COSTUMES for Bahamas Carnival 2024 will look less like the Junkanoo-themed costumes of years past, according to Bahamas Carnival Association (BCA) president Dario Tirelli.
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
International certification for GBPA department
THE Building and Development Services at the Grand Bahama Port Authority received ISO 9001 certification, a globally recognised standard for quality management.
Supreme Court takes over PharmaChem’s liquidation
The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.
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.
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.
ArawakX ‘to be reported’ to police amid $4m insolvency
The Bahamas’ first-ever crowd funding platform is suffering from a near-$4m insolvency, its provisional liquidators have asserted, as they prepare to report “multiple criminal infractions” to the police.
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