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New NAD fees hailed as ‘lot less onerous’

The private aviation industry yesterday hailed the Nassau Development Company’s (NAD) alterations to the new fees imposed on it as “a lot less onerous” compared to what was originally proposed.

‘Entrenched reduction?’: Bad loans down $22m

The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.

Sands: Poor sacrificed ‘on tax efficiency altar’

The FNM’s chairman yesterday accused the Government of driving more Bahamian families into poverty, and sacrificing them “on the altar of tax efficiency”, by refusing to eliminate VAT on medicines and breadbasket foods.

$700m optimism Bahamas can ‘take oil price pressure’

A “$700m-plus” increase in US dollar purchases from the commercial banks during the 2022 first quarter has given the Central Bank’s governor optimism The Bahamas “can absorb” much of the pressure from high global prices.

Survival weekend returns for road parade

SURVIVAL Weekend is back and set for May 20-22, featuring a road parade and a mega concert with big names in Soca music, including Allison Hinds, Destra Garcia and Patrice Roberts.

Cases dating back to 2020 add nine more COVID deaths

COVID-19 deaths have risen by nine to 798 after a woman died of the disease in early April and health officials reclassified several other deaths that took place between August 2020 and June 2021.

Ayton and Suns host Dallas tonight to start second round

THE NBA careers of Deandre Ayton and Luka Doncic will always be connected due to the 2018 Draft and the pair will meet in the postseason for the first time when their second round series begins tonight.

Jonquel Jones leads the Sun to preseason victory

IN her return to the WNBA, Jonquel Jones showed flashes of the dominance expected to come this season for the Connecticut Sun.

Regulators to demand BPL fuel hedge report

Regulators will demand “a comprehensive report” from Bahamas Power & Light (BPL) on the effectiveness of a fuel hedging strategy that has been the subject of much recent controversy.

DIANE PHILLIPS: What it takes to breathe new life into historic Nassau

PARTS of this column first appeared nearly five years ago. Sadly, it remains all too relevant. The Tribune has agreed to re-run it today at my request in light of the Davis administration’s commitment to rescuing and resuscitating the historic city of Nassau.

‘World’s in worst state that I have ever seen’

Super Value’s principal has voiced hope that “we can do better than” the World Bank’s dire prediction of high food prices lasting for three years, but conceded: “The world is in the worst state I’ve ever seen.”

Disney triples construction workforce promise to 300

Disney Cruise Line yesterday revealed it is near-tripling the number of construction jobs created by its Lighthouse Point project to 300 amid hopes that Eleuthera can attract up to $1bn in total investment over the next decade.

Recognise the talent within all employees

In large companies and government agencies, we often run into the challenge of viewing team members as multiple ‘fish’ swimming in a large ocean. Sometimes our companies become so large and impersonal that people - and their talents and gifts - get lost in the fray. I understand this all too well, as I have in many cases felt undervalued in various companies where I have served, both socially and from a work perspective.

Traditional finance providers have ‘duty’ to embrace crypto

Deltec Bank & Trust’s chairman yesterday asserted that traditional financial services providers have a “duty” to help innovators in the digital assets and crypto currency space.

Suns finish off Pelicans in Game 6

NEW ORLEANS (AP) — Chris Paul has accomplished so many things in his 17 NBA seasons that it's nearly impossible to rank his Mount Rushmore moments.

Celebrating Earth Day at Botanical Gardens

THE Botanical Gardens proved the perfect space for students and their teachers to celebrate Earth Day.

Work permit clampdown in restaurants, construction

LABOUR Director Robert Farquharson says his department has denied labour certificates in all restaurant manager applications and in the vast majority of applications for construction site supervisors and project managers since September, preventing the applicants from getting work permits.

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