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PM: ‘No concerns’ that businesses won’t cope
PRIME Minister Phillip “Brave” Davis said yesterday he had no concerns about small business longevity in the face of an impending light bill increase and now a newly announced higher minimum wage of $260 a week. Mr Davis said it was a step in the right direction.
Minimum wage rise to hit firms with 'tight margins'
MERCHANTS yesterday said that, while a minimum wage increase is necessary to help ease the cost of living crisis, the increase in payroll expense may force some companies operating on tight margins to lay-off staff.
Labour on the Blocks job fair to be held this weekend
OFFICIALS say the upcoming Labour on the Blocks job fair this weekend promises to be the “largest job fair ever”.
Isaacs and Hanna team up at Lake Eerie Crushers
A PAIR of Bahamian players are set to become teammates in the Frontier League after a series of trades by the Lake Eerie Crushers.
URCA promises ‘active review’ of BPL fuel hike
The energy regulator’s pledge that it has begun “an active review” of the up to 163 percent hike in Bahamas Power & Light’s (BPL) fuel charge was yesterday branded “critical” to its continued credibility.
PETER YOUNG: Effective new forum or just another talking shop?
PRESIDENT Macron of France started the ball rolling in May this year. During a speech in the European Parliament, he proposed creation of a European Political Community (EPC) as a new forum with the aim of promoting, at the strategic level, dialogue in order to strengthen the security and stability of the European continent.
‘Swimming against tide’ on $400k BPL bill hike
A local manufacturer is “swimming against the tide right now” with Bahamas Power & Light’s (BPL) fuel charge hikes set to increase its 2023 electricity bill by around $400,000 year-over-year to more than $1m.
Moody’s doubles down on ‘overly optimistic’ forecasts
Moody’s has doubled down on concerns that the Government’s Budget revenue forecasts are “overly optimistic” and that its debt servicing payments will be higher than projected due to the rise in global interest rates
BAMSI’s $7m investment targets 30% import slash
The Bahamas Agriculture and Marine Science Institute (BAMSI) is aiming to invest $7m in a series of “greenhouse parks” designed to cut imports of vegetable staples by 30 percent.
Three-under-par Harris is champion
FOR the second tournament in a row, David Harris emerged as the champion of the Bahamas Professional Golf Tour.
Munnings makes impact in French ProB League
TRAVIS Munnings has had an immediate impact in his promotion to the French ProB League with his Boulazac Basket Dordogne basketball club.
23 points and nine assists for Domnick Bridgewater
DOMNICK Bridgewater returned to pro basketball in the French Nationale Masculine 2 League on what seemed like a moment’s notice, but it took little time for the young point guard to display midseason form.
NEW MOODY’S DOWNGRADE: Action taken over financing access fears
The Bahamas was last night urged to "move more urgently to rev the engine" after Moody's again downgraded the country's sovereign creditworthiness over fears its access to borrowing is being squeezed.
Govt signs heads of agreement for $250m Long Island development
THE Davis administration signed a heads of agreement yesterday with Azul Destinations Ltd and Calypso Cove Destinations Ltd for the development of an upscale resort and cruise port for South Long Island, estimated to cost some $250m.
Gyms ‘may raise fees’ after BPL bills hike
THE looming increase in electricity bills will likely force some gym operators still recovering from COVID-19’s impact to consider raising membership fees or making other adjustments to help sustain operations, according to fitness stakeholders.
Peter Roker’s National Heroes Day charity challenge
BUSINESSMAN, fuel retailer and philanthropist Peter Roker, known as a pioneer in the Carmichael Road West community, is engaging in one of the biggest philanthropic challenges of his life this National Heroes Day. He will attempt to walk 248,160ft, or 47 miles around the entire island of New Providence in an effort to raise funds for three charities.
Tahnaj Thomas back on the mound in AFL
Fresh off helping Great Britain baseball make history at the World Baseball Classic Qualifiers, Tahnaj Thomas was back on the mound continuing his season in the Arizona Fall League.
FRONT PORCH: Failure by political leaders to understand social dysfunction
THE violent crime ravaging New Providence continues unabated. Political leaders and law enforcement are seemingly incapable of offering workable strategies to combat the rate of murder and other crimes.
Radshad shines in France debut
Radshad Davis made his French debut and is off to a noteworthy start with Vendee Challans Basket of the Nationale Masculine 1 League.
‘Buddy’ Hield and Pacers rout Kai, Hornets 122-97
CHAVANO “Buddy” Hield and Kai Jones went head-to-head as the NBA preseason continued last night.
