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IDB: Bahamas Internet costs, speed miss mark

Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.

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Albany chief in 'devastating and self-inflicted humiliation'

Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".

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Shock as tornado hits woman’s home

A TORNADO ripped through Deidre Miller’s South Ocean Boulevard home on Saturday, leaving behind a damaged roof, shattered glass and torn-down doors.

AG blasts ‘utter foolishness’ of France’s Bahamas blacklisting

The Attorney General has slammed France’s decision to keep The Bahamas on its national tax blacklist as “complete and utter foolishness”.

Bahamasair industrial deal raises pilot retirement age

Bahamasair and its pilots have agreed to raise the latter’s retirement age to 65 to alleviate any fears of labour shortages as part of Friday’s $500,000 industrial agreement.

DPM’s alarm: ‘Shockingly low’ GB Carnival port participation

The deputy prime minster has warned Grand Bahama businesses not to be “passive observers” of the island’s economic revival after their initial participation in Carnival’s $600m port project was “shockingly low”.

Tennis ace Sydney Clarke closes out Senior Day

AS she was honoured with three of her team-mates on Senior Day, Sydney Clarke felt it was only fitting to show her gratitude by securing a victory for the University of Arlington at Birmingham women’s tennis team.

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ERIC WIBERG – Palowna & Orestes, 1826 Spanish slavers wrecked in The Bahamas

MANY slave ships met their end in the Bahamas, but not many know of an awkward period between when Britain outlawed the trade in slaves in 1807, and slavery itself, in 1834.

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Kate, Princess of Wales, says she has cancer and is undergoing chemotherapy

LONDON (AP) — Kate, the Princess of Wales, has cancer and is undergoing chemotherapy, she said Friday in a stunning announcement that follows weeks of speculation about her health and whereabouts.

Freeport poised to be ‘fastest growing Caribbean economy’

FREEPORT needs Nassau-based investors to help build “critical mass” in a city “poised to be the fastest-growing economy in the Caribbean”, a Port Authority executive asserted yesterday.

Top KC sounds ‘dark side of Bahamianisation’ alarm

A PROMINENT KC yesterday sounded the alarm over the “dark side of Bahamianisation” for breeding mediocrity based on “a sense of entitlement”.

‘Specialist skills dearth’ hurts financial services

A “DEARTH of specialist skills” in the legal and other professions is undermining the Bahamian financial services industry’s competitiveness, a prominent KC warned yesterday.

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BPL rates ‘among the highest’ consumers pay in the region

Bahamians are paying “among the highest” electricity prices in the Caribbean even though the base rate is set “below cost” with tariff charges said to be double the global average.

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50% fear or pay bribes for building and import permits

Fifty percent of Bahamian companies seeking construction and import-related permits say they have either been asked, or expect, to pay a bribe to obtain the required approvals, it has been revealed.

New Providence Public Primary Schools Sports Association volleyball playoffs begin today

THE stage is now set for the playoffs in the New Providence Public Primary Schools Sports Association’s 2024 Volleyball Tournament.

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Cooper defends Prime Minister’s travels, dismisses car controversy

DEFENDING Prime Minister Philip "Brave" Davis' travels yesterday, acting Prime Minister Chester Cooper said former Foreign Affairs Minister Darren Henfield did not travel enough.

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STATESIDE – Southcom commander on Haiti intervention: ‘Not right now’

LAURA Richardson is only the second woman to hold 4-star rank in the US Army. And she is the first female commander of the US Southern Command.

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‘Ship has sailed’ over Bahamas 15% revisit

THE Bahamian financial services industry’s call to “revisit” the 15 percent minimum global corporate tax is too late because “that ship that has sailed”, a prominent local banker warned yesterday.

‘Crack down on real’ maritime tax evaders

THE Government was yesterday urged to “crack down on the real tax evaders” in the maritime industry as opposed to continually hiking fees on the same compliant businesses that always pay.

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Central Bank in multiple exchange control eases

THE Central Bank last night unveiled multiple reforms to further relax The Bahamas’ exchange control regime that it believes will not create any “material” risks for the US dollar peg and wider economy.