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Confident in BPL $535m refinance despite election

Bahamas Power & Light’s (BPL) chairman yesterday voiced confidence that the utility’s mammoth $535m refinancing will be executed by year-end 2021 despite the potential general election interruption

'Friends of 2014' named

NINETEEN local businesses, 14 media companies and three local hotels have been named Friends of 2014.

Man being electronically monitored shot dead off Claridge Road

A man who was being electronically monitored was shot dead off Claridge Road on Saturday morning.

PM praises Ingraham for letter to China

PRIME Minister Perry Christie yesterday praised his predecessor Hubert Ingraham for the efforts he has made to help spur a quick resolution to the disputes that stalled the $3.5bn Baha Mar project.

Banks see 30% profits increase

Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.

Giants at the double

The New Providence Basketball Association championship series continued in both Division I and Division II.

The Grand Bahama Shipyard Cruisers knew that the New Providence Commonwealth Bank Giants would make the necessary adjustments for the championship game. But they felt they still had a team capable of winning the Bahamas Basketball Federation’s Bunny Levarity men’s national title.

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.

Minister: 100-150% increase in Bahamians at the Pointe

The Labour Minister yesterday said the number of Bahamians employed on downtown Nassau’s Pointe project has increased by between 100 to 150 percent. Dion Foulkes, pictured, said: “I have received two reports recently, one from the Department of Labou

Dealers chief’s 80% auto import slash

A leading dealer says he reduced new auto imports by 80 per cent during 2015’s fourth quarter, in a bid to align them with a market that has shrunk by more than one-third.

80% Baha Mar vendor payout by tomorrow

Baha Mar’s creditor payout committee believes it will “have dealt with” about 80 per cent of Bahamian vendor and contractor claims by tomorrow, as it explores ways to “speed up” the process.

Memories early opening gamble 'now paying off'

A senior tourism official yesterday said Grand Bahama’s Memories resort is forecasting an 80 per cent average annual occupancy rate, arguing that the gamble to open the property before it was 100 per cent complete was paying off.

Woman denies guilt over falsified COVID test results

A 35-year-old woman was charged yesterday with 40 counts of possession of a forged document in connection to the recent trend of people attempting to travel using falsified COVID-19 test results.

Demetrius Ferguson headlines for the X-Men

ED Reed is that kind of play-making defensive back that has a knack for highlight reel plays and finding the end-zone. Demetrius Ferguson is developing a similar reputation.

Countdown to the Heart Ball

THE countdown is on for the Sir Victor Sassoon Heart Foundation’s 52nd Annual Heart Ball.

Bahamas' 'best team ever' in World Cup qualifier 3rd leg

With their biggest task ahead of them, the Bahamas Basketball Federation has fielded its best team ever to play the third leg of the FIBA Americas’ World Cup qualifier.The team is already in Puerto Rico for the first of two games on Thursday when the

BISX-listed fund promises investors ‘far better’ 2015

The BISX-listed Bahamas Property Fund yesterday said 2015 will be “a far better year” for its shareholders, as it aims for a ‘double digit’ increase in occupancy levels at its flagship building in downtown Nassau by mid-year.

'Credibility issue' for small business reform

Bahamian small businesses have virtually zero confidence in the existing Government and private sector institutional support structure that is meant to assist them, creating “a possible credibility issue” for efforts to reform this initiative.

Preparations for NHI to go beyond January launch date

CHIEF Medical Officer Dr Glen Beneby said while National Health Insurance will be launched in January 2016, preparations to improve every aspect of the country’s health system will continue far beyond the implementation date.

Swimmer leaves hospital after record-breaking feat in Bahamas

CHLOE McCardel, the Australian ultra-marathon swimmer who recently swam nearly 80 miles from the southern tip of Eleuthera to New Providence, has been released from the Princess Margaret Hospital and is recuperating in a hotel, The Big T can confirm.

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