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Hilton to be Nassau boardwalk ‘catalyst’

Prime Minister Perry Christie yesterday said the Government and Bay Street property owners are “ready and willing” to move forward with plans for a boardwalk along Nassau’s harbourfront, describing the British Colonial Hilton’s expansion as the “catalyst” for the project.

Energy subsidies cost Bahamas 1% of GDP

The Bahamas is giving away a sum equivalent to 1 percentage point of gross domestic product (GDP) in pre-tax subsidies to its petroleum and energy sectors, the second-highest number among Caribbean oil importers.

$500m resort project to do ‘wonders’ for Exuma

THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.

Airlift concerns on Lucayan's re-open

Grand Bahama businesses yesterday identified the island's lack of airlift as a major obstacle to the Government's plans to re-open the Grand Lucayan resort on March 25.

Fox and Biscuits are No.1 seeds in playoffs

LUCIUS Fox and the Montgomery Biscuits began their Southern League playoff campaign last night as the No.1 overall seed. The Biscuits, North Division champions (88-50), host division runner-ups the Jackson Generals in the best of five semi-finals.

Bahamians rise to the challenge as one people

IT IS said that in every cloud there is a silver lining. The only silver that we can find in the cloud that has hovered over these islands since Thursday is the spirit of the Bahamian people.

The grass on the other side

THE great, French leader Charles de Gaulle said, “the cemeteries of the world are filled with indispensable men”.

Broker refutes regulator's 'ponzi scheme' assertions

A former Bahamas-based broker/dealer last night accused the Securities Commission of failing to understand a business model that the regulator had branded “akin to a ‘ponzi’ scheme”.Guy Gentile, principal of SureTrader and MintBroker International, t

Rockets and Resistance get wins in night league basketball

THE New Providence Basketball Association continued league play Wednesday night with wins for the Rockets in Division I and the Resistance in Division II. On the heels of his appearance with the men’s national team in the FIBA World Cup Qualifiers Mo

Tease photo

Stopovers beat pre-COVID for first time in January ‘23

Monthly air arrivals exceeded pre-COVID figures for the first time in January 2023, a senior tourism official said yesterday, while revealing that stranded or in-transit passengers have been unable to find hotel rooms in Nassau.

Broker principal targets expansion after court win

A Bahamian broker/dealer’s principal yesterday said he plans to double staff to 60-80 persons by year-end, after a New Jersey court dismissed the US government’s securities fraud case against him.

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Sports news in brief

Sports news in brief BASKETBALL NPBA UPDATE THE New Providence Basketball Association is expected to conclude its regular season at CI Gibson gym this weekend before starting their postseason Monday. Tonight's schedule 7:30pm - Y-Care Wreckers vs Commonw

Govt spending controls will require ‘innovation’

THE Government’s ability to implement spending controls “will require innovation”, the Chamber of Commerce’s chairman arguing that it must demonstrate its commitment to balancing the Budget without damaging the economy.

Offshore sector 72 times larger than Bahamas GDP

The Bahamian international financial services industry is 72 times larger than this country’s gross domestic product (GDP), an International Monetary Fund (IMF) study has estimated.

Many think The Bahamas is facing a bleak future

ALTHOUGH Standard & Poor has downgraded The Bahamas’ sovereign credit worthiness to near junk status, the government insists that the country’s economic outlook is still good.

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t