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Bimini ‘diamond in rough’ in $10m transformation
A well-known Bimini condo hotel has closed for a $10m overhaul that will near-triple existing marina slips and “polish a diamond in the rough”, its developer revealed yesterday.
Atlantis beats revenue goals, targets ‘strong’ 2023 first half
Atlantis continues to beat its revenue targets and is predicting a strong 2023 first half, a senior executive has revealed, with the wider resort industry bracing for 90 percent-plus occupancies over the Christmas and New Year period.
5th ‘Best of the Best Regatta’ winners are Susan Chase V, Running Tide, Captain Peg, Sassie Sue
THE fifth Best of the Best Regatta returned to Montagu for the first time in two years featuring the top sloop sailors in the island nation.
INSIGHT: As we approach 50, what does our future look like?
THE scene on Saturday morning was beautiful to see. Crowds turned out in force to either take part or volunteer to organise the Road to 50 road race.
‘Can’t rest on our laurels’ with 20% growth forecast
The Bahamas “cannot rest on our laurels” despite a 20 percent growth forecast for its tourism industry that is more than three times’ greater than the world average, the deputy prime minister is warning.
WORLD VIEW: Higher cost of living demands competent governments
THROUGHOUT the world, people and their governments and Central Banks are worrying about inflation, or the rate of increase in the cost of living. In many countries, this concern about the cost of living has become a prime consideration in general elections because electorates want competent governments in whose hands they commit their expectations.
$2m price tag as patients will be housed at doctors hospital
HEALTH and Wellness Minister Dr Michael Darville announced yesterday an agreement that allows the transfer of Princess Margaret Hospital patients to Doctors Hospital West.
Man found shot dead in govt vehicle
A 43-year-old man is dead following a shooting incident over the weekend, prompting police to appeal for the public’s assistance in their investigation.
Drumeco Archer returned as BAAA president
AFTER an intense campaign, Drumeco Archer was returned on Saturday as president of the Bahamas Association of Athletic Associations for the next four years, a term that will include the hosting of the 50th CARIFTA Games and the return of the World Athletics Relays in 2024.
First ever Northern Bahamas Volleyball Championships
THE Grand Bahama Secondary Schools Athletic Association completed its first ever Northern Bahamas Volleyball Championships over the weekend.
Hovland hangs on to become repeat winner of Hero World Challenge
NASSAU, Bahamas (AP) — Viktor Hovland led by four shots at the turn. No one got closer to him than two shots during the final nine holes at the Hero World Challenge.
DEREK SMITH: Accounting for the risks posed by digital assets
Blockchain technology has revolutionised mutiple products and services in recent years, making it one of our generation’s most fascinating advances. Crypto currencies are enabled by this same blockchain technology. Due to their outstanding capabilities to address specific challenges, crypto currencies have emerged as the most popular blockchain application. As a result, over 300m individuals now own crypto currencies, according to international reports.
Regulator warned 127 on financial crime compliance
Bahamian regulators issued warnings to 127 law and real estate firms over non-compliance with anti-financial crime mandates while giving this nation’s $306m-plus residential real estate sales a clean bill of health.
‘Season survival’ fears on 50% lobster price plunge
Fears were yesterday voiced that some Bahamian fishermen “may not survive the season” as the industry seeks to “weather the storm” created by lobster tail prices plunging by up to 50 percent.
$4m AML store opening to bring Freeport ‘rebirth’
AML opened the doors to its new $4m Solomon’s food store in the Winn Building yesterday, signalling the long-awaited rebirth of downtown Freeport for many Grand Bahamians.
Two accused of drugs charges
TWO MEN were charged in a Magistrates Court yesterday on separate drug charges, with one facing a $1,000 fine after admitting to owning a pound of marijuana.
EDITORIAL: FTX founder’s long list of unknowns
FOR someone in charge of a multi-billion operation, Sam Bankman-Fried seems to not know a lot of things.
Taxi union says minister is missing in action
WESLEY Ferguson, president of the Bahamas Taxi Cab Union, said yesterday that union members are still awaiting correspondence from the Ministry of Transport and Housing on the issue of the regulation of taxi plates.
CIBC’s New Year halt to in-branch payments
CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.
Three years in jail over assault rifle
A MAN was sentenced to three years in prison in Magistrate’s Court yesterday after admitting to having a banned assault rifle last week.
