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Doctors secures $25m as it ‘refines’ equity offering
Doctors Hospital has secured $25m from Royal Bank of Canada (RBC) to finance its continued expansion as it works to “refine” its upcoming equity capital raise by “prioritising” three target investor groups.
PM sounds alarm on EU blacklist's insurance hit
The Prime Minister has joined insurers in sounding the alarm that remittances from European reinsurers on could be "reduced by at least 25 percent" if The Bahamas remains on the continent's tax blacklist.
‘Very credible’ Freeport city manager emerges
A “very credible” candidate to take over Freeport’s management is said to have met with both government and Grand Bahama Port Authority (GBPA) ownership as the idea of the latter devolving its quasi-governmental powers gains traction.
‘JAZZ’ HITS GRAND SLAM FOR SECOND STRAIGHT GAME: Chisholm Jr and Marlins rout Braves 16-2, sweep series
MIAMI (AP) — Jasrado “Jazz” Chisholm Jr hit a grand slam for the second consecutive game and the Miami Marlins routed the Atlanta Braves 16-2 yesterday to complete a three-game sweep of the NL East champions.
Jonquel posts double double, Liberty top Mystics 90-75 in Game 1 of WNBA playoff series
GRAND Bahamian Jonquel Jones put up a dominant double double performance to propel the New York Liberty to a game one win over the Washington Mystics.
BGDBA Playoffs: Crimestoppers tie series 1-1, Cybots win game one
THE Police Crimestoppers tied their series 1-1 with the Ministry of Youth, Sports and Culture Panthers.
Flight simulator business can restart after 4-year Pointe bar
A former tenant at The Pointe should be permitted to “reinvigorate” its business, a Supreme Court justice has ruled, after it was barred by the landlord from accessing vital equipment for almost four years.
Union: ‘Everything on table’ over BPL woes
The Bahamas Electrical Workers Union’s (BEWU) president says “everything is on the table” in resolving its members’ grievances with Bahamas Power & Light (BPL) after all requirements for taking strike action were met.
A new era of big government spending: Reshaping the American economy amid geopolitical uncertainty
ActivTrades
Over the past two years, the US has witnessed a profound shift in economic policy, marking the dawn of a new era of big government spending. This transformation is driven by a combination of factors, including President Joe Biden’s ambitious initiatives, such as the Inflation Reduction Act and the CHIP Act, which are reminiscent of the largest government spending sprees of the 1930s. These initiatives not only aim to reboot the US economy but also set a precedent for the world to follow.
Branville McCartney: Country still not accepting third party at election time
FORMER Democratic National Alliance (DNA) Leader Branville McCartney said on Friday the country is still not accepting a third political party when it comes down to election time.
40 to 80 percent 'show no symptoms of dengue'
ABOUT 40 to 80 percent of people show no symptoms of dengue, with most of the recently confirmed 100 cases confined to the inner city in New Providence, according to officials from the Ministry of Health and Wellness on Friday.
Murder accused remanded to prison
A MAN was remanded to prison on Friday accused of the fatal shooting of his masked accomplice last week in Yellow Elder Gardens.
ONE ELEUTHERA FOUNDATION – Unknown dangers found in consumer products
THE Joneses – what a model family! They are in the prime of their lives and have satisfying careers that pay well. Their 2.5 children are healthy and do well in school and extracurricular activities. T
‘Instant payback’: Doctors in revenue doubling to $120m
Doctors Hospital yesterday predicted it will “double” total pre-COVID revenues to around $120m during its current financial year after enjoying “instant payback” on $6.6m in healthcare investments.
National debt up $458m despite ratios declining
The post-COVID economic revival dropped The Bahamas’ debt-to-GDP ratio to 85 percent at end-June despite the national debt increasing by $457.5m over the prior 12 months to $11.645bn.
Pintard: URCA must explain BPL 163% fuel hike approval
The Opposition’s leader yesterday renewed calls for regulators to explain why Bahamas Power & Light (BPL) had “made the case” for an up to 163 percent hike in its fuel charge amid concerns they failed in their duty to protect consumers.
Lodge owner in blast at ‘deplorable’ utility crisis
An ex-Bahamas Out Island Promotion Board president yesterday made an impassioned plea to address Mangrove Cay’s “deplorable” utility crisis which forced her to relocate to Nassau to handle bookings for the upcoming fishing season.
Investigation into Cuban teachers' English speaking ability to be completed by end of week says Ministry of Education
ACTING Director of Education Dominique McCartney-Russell said the investigation into whether some recently hired Cuban teachers speak English well enough to educate students will be completed by the end of the week.
Exuma project pledging 300 jobs back on track
A $262m Exuma resort project, which is pledging to create 300 full-time jobs once build-out is complete, appears to be moving forward again with a public hearing on its environmental plans set for October 2023.
