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‘Get creative’ over govt debt aversion
The government was yesterday urged to “become more creative” in the Bahamian debt markets as traditional purchasers of its bonds increasingly reject long-term paper due to the mounting fiscal crisis.
Minister’s cargo hub plans for GB airport
Establishing the city of Freeport as an air cargo transshipment hub could generate the extra income required to make its rebuild attractive to private capital and operators/developers, a Cabinet minister said yesterday.
Minister: ‘No favours’ to payment provider
A Cabinet minister yesterday asserted that “no special favours” were involved in hiring a digital payments provider to handle the health travel via fees generated by tourism’s COVID-19 re-opening.
D’Aguilar shrugs off contract questions
TOURISM Minister Dionisio D’Aguilar has defended the government’s award of a no-bid contract to Kanoo Pays, an electronic retail payment provider, to process travel health visa payments.
FIBA Women’s EuroBasket: Jones and her team eliminated
GRAND Bahamian Jonquel Jones had another terrific game, but it wasn’t enough as Bosnia and Herzegovina ended their run at the FIBA Women’s EuroBasket in the quarterfinals on Tuesday in Strasbourg, France.
Now Wells hopes herd immunity by August
MINISTER of Health Renward Wells says the government hopes the country achieves herd immunity against COVID-19 by August.
PM hails $350m Shipyard move
The prime minister yesterday said the government is working on “a new partnership agreement” with the Grand Bahama Shipyard’s cruise line owners as he hailed their $350m investment in two new dry docks.
‘Do or die’: Jones has another double double
Grand Bahamian Jonquel Jones posted another double-double to help Bosnia and Herzegovina win their first playoff game to stay alive in the FIBA Women’s EuroBasket Championships.
Junior golfers take home national amateur titles
HEATHCLIFF Kane and Anne Fernandez emerged as the Bahamas Golf Federation’s 2021 National Amateur Golf Championships’ male and female champions.
Commission defends process to select judiciary
THE Judicial and Legal Service Commission has defended the process behind the selection of newly appointed judges and magistrates. After the JLSC announced the appointments in May, there was criticism and speculation in some quarters.
STATESIDE: Showdown in Switzerland but the real challenge is elsewhere
Didn’t it all feel like the run up to a heavyweight boxing match or even the titanic showdown between two powerhouse American football teams?
Union of Central Bankers members walk off the job
MEMBERS of the Union of Central Bankers walked off the job yesterday citing unresolved grievances with management.
Bahamasair sees revenues fall 84%
Bahamasair’s revenues for the ten months to end-April 2021 plunged by 84 percent year-over-year, a Cabinet minister revealed yesterday, with taxpayers set to underwrite its survival via a $60m-plus subsidy.
‘Major improvements’ needed on bank fees
Almost two-thirds of Bahamian businesses say the fees charged by commercial banks need “major improvements”, according to the findings of a Central Bank survey.
‘Phenomenal’ tourism pick-up - but still below 2019 levels
A Cabinet minister yesterday hailed the “phenomenal rate of increase” in stopover visitor arrivals as a sign “tourism is bouncing back” even though the industry remains more than one-third below 2019 numbers
Water Corp sees cash collections decline by $6m
The Water and Sewerage Corporation continues to endure COVID-19’s “devastating impact” on cash collections which have decreased by 24 percent or nearly $6m year-to-date, its executive chairman said yesterday.
Fisheries exports enjoy 19% value increase in 2020
Bahamian fisheries generated a 19 percent increase in the value of its export earnings in 2020 despite a reduction in the volume of domestic landings, a Cabinet minister disclosed yesterday.
Kalik maker’s loss doubles as revenues decline 15%
Commonwealth Brewery yesterday blamed a 15 percent year-over-year revenue decline for its 2021 first quarter loss more than doubling in comparison to 2020 figures.
Ayton and Suns advance to West Finals
A season of historic milestones will continue for Deandre Ayton and the Phoenix Suns in the Western Conference Finals.
Marlins celebrate rising star ‘Jazz’ Chisholm Jr and Bahamian Heritage Night
THE Miami Marlins celebrated rising star Jazz Chisholm Jr and “Bahamian Heritage Night” at Loan Depot Park with a 4-2 win over the Atlanta Braves.
