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PM told: ‘Treat $2bn insurers with respect’

Bahamian insurers yesterday urged the prime minister to “treat the industry with the respect it deserves” over its $2bn Dorian-related payout after he suggested it was “holding back” recovery efforts.

Exam results table - depressing again

STUDENTS who took the Bahamas General Certificate of Secondary Education (BGCSE) examinations failed to do any better this year in Maths, English and Science than test takers for the past five years.

Island hoteliers fear they may not recover

EZRA Russell is ready to close up shop three years after opening the largest hotel on Cat Island, the Fountain Bay Resort and Marina.

Freeport taxi drivers 'livelihoods at stake'

Freeport taxi drivers claim their livelihoods are at stake, especially now that Grand Bahama's major hotel property has closed its doors.

Auto dealers ‘take a bath’ from Matthew

New car dealers yesterday told Tribune Business they “really took a bath” in October, with sales “the worst” in recent memory due to Hurricane Matthew and the struggling economy.

Cruise line’s pull-out ‘worst case scenario’

The Grand Celebration’s owner has warned that its restructuring hinges on a new agreement with the Ministry of Tourism, and that a pull-out from Grand Bahama would be a “worst case scenario” which costs the Grand Lucayan 50 per cent of its pre-Matthew business.

GB Power: No rate rise from $18.3m asset recoveries

The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.

‘Up to 90%’ of BPL staff in Cat Island test positive

THE president of Bahamas Electrical Workers Union has confirmed that up to 90 percent of Bahamas Power and Light staff on Cat Island have tested positive for COVID-19.

Rating agencies set ‘true north’ on Bahamas reform

International credit rating agencies have set “almost a true north” for The Bahamas to reach when it comes to key economic and fiscal reforms, a governance reformer argued yesterday.

Roberts: PLP the only party with a plan to tackle crime

DESPITE this year’s murder count outpacing last year’s figure, Progressive Liberal Party Chairman Bradley Roberts said yesterday the PLP is still the only party with a plan to tackle this nation’s crime problem.

BAHAMIANS LEAD KNIGHTS TO HISTORIC SEASON

Their storybook season and playoff run ended this weekend, but a dynamic trio of Bahamians led the Niagra College men’s basketball programme to a historic season.

FTX Bahamas demanding $9.15bn from US affiliates

FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.

Video shows missing cruise ship passenger’s last moments aboard

A MAN who jumped onto a lifeboat on the side of a cruise ship clung to the edge of the tiny vessel for more than minute early on Friday as fellow passengers watched and screamed before he plunged into the ocean below, according to officials and video posted of the incident.

FNM infighting will come to end

Please allow me to respond in kind to an editorial in your paper that commented on a letter written to your paper by one Kevin Evans on February 15th, on “attack dogs” in the FNM party.

Christmas Day will be hot for Bahamians say forecasters

FORECASTERS at the Department of Meterology have dashed any hope of a cool Bahamian Christmas, with the holiday weekend shaping up to be “an average hot day”.

Businesses braced for stormy weather

Businesses and residents in the southern Bahamas are bracing themselves for the possibility that a strong tropical wave expected to pass over The Bahamas becomes a serious threat, with one private sector representative telling this newspaper: “We don’t want to find ourselves in a situation as with Joaquin”.

Carnival cruise port

Concerning the $200m development of the Carnival Cruise Port at Sharp Rock, East Grand Bahama, what will become of Freeport Harbour once this project is completed?

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.

Will crime kill tourism economy?

As many people have expressed concern in the newspaper about the high crime robberies and murders in The Bahamas, President of the Hotel Association Robert Sands and Vice President of Baha Mar stated the government needed to urgently address the high crime rate before it impacts tourism.

$10M allocated for pay rises

THE GOVERNMENT has allocated more than $10 million towards salary increases for teachers and other public servants, according to State Minister for Finance Michael Halkitis.

The Tribune

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