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Electric vehicle dealer in new HQ expansion
A Bahamian electric vehicle dealer yesterday unveiled plans to expand to “a major location” and grow its workforce after becoming the first investment for RF Bank & Trust’s newly-launched private equity fund.
‘No issues’ over Govt’s $3.5bn debt refinance
The Ministry of Finance’s top official yesterday reassured there are “no issues” over the Government’s ability to refinance some $3.466bn in debt maturing this fiscal year given its access to “credit lines”.
Inflation’s high but ‘not as frightening’
Inflation “may not be as frightening as it was a year to 18 months ago”, a governance reformer argued yesterday, despite food and beverage costs rising by almost 13 percent during the year to April 2023.
‘Major progress’ on one insurance law
Regulators say “significant progress” has been made in combining the Bahamian insurance industry’s regulatory regime into one law after the sector saw gross written premiums increase by $60m in 2022.
Officers questioned whether Evans was identified as a suspect before shooting
AN attorney representing Deangelo Evans’ estate questioned police assertions that Evans was the suspect in an armed robbery that preceded his death in 2018.
Pirates tie the game with buzzer-beater against visiting VMI team to force overtime
But Virginia Military Institute opts not to play the extra period due to slippery floor at the Kendal Isaacs Gymnasium
STEPHAN Smith canned a buzzer-beating three-pointer for the Pirates to tie their game at 98-98 against the visiting Virginia Military Institute to force overtime last night.
Tennis ace Michael Major Jr eager to get started with Howard University Bison
AFTER holding his own as one of the top junior tennis players in the region, Michael Major Jr is eager to get started at the next level as he displays his skills on the collegiate circuit.
I-Elite and Reloaded Baseball to host baseball and softball camp
INTERNATIONAL Sports Academy and Reloaded Baseball will return to host inaugural “Bat 2 Base-Ics” baseball and softball camp. The training will get underway August 14-19 at the Baillou Hills Sporting Complex.
Reloaded Baseball team enjoys first international experience
AFTER competing in their first international tournament, many of the Reloaded Baseball team members thoroughly enjoyed the inaugural experience. The 30-member team wrapped up their two-day competition in Sanford, Florida at the Perfect Game Florida Summer Select Championship (Open) this past weekend.
Bahamas hosts electric golf cart assembly plant
An electric golf cart provider says The Bahamas now hosts the "first full-fledged plant outside the US" where the vehicles are assembled.
Gov’t confirms three-week ‘Back to School’ VAT relief
Government officials yesterday confirmed that the three-week Back to School 'VAT-free holiday' will run from August 19 to September 10 after merchants called for clarity on the dates.
FACE TO FACE: Sister cities – Nassau and Ghana
A Sister City Agreement between Nassau, New Providence, The Bahamas and Princess Town, Ahanta, Ghana, will form long-needed, direct connections between Africa and the people of its Diaspora born in The Bahamas. It will serve to strengthen cultural, social and economic ties for the people of both countries.
Psychotherapist seeks to help Bahamians dealing with climate related trauma
As we approach the fourth anniversary of Hurricane Dorian – which devastated both Abaco and Grand Bahama – a Bahamian woman wants to use her expertise to address climate change in conjunction with mental health.
Female performers calling out disturbing new concert trend
FEMALE entertainers are hitting back at unruly fans, after several performers were pelted with items thrown on stage during their sets.
‘Noble objective’: Aviation in annual 15% stopover growth
The Government’s ambition to increase stopover tourist arrivals “by a minimum” 15 percent per annum via the National Aviation Strategic Plan was yesterday hailed as “a noble objective” by sector participants.
Governor trims Bahamas GDP growth to ‘3% range’
The Central Bank’s governor yesterday again trimmed his 2023 economic growth forecast to “the 3 percent range” as he warned The Bahamas is poised to next year “resettle” back into low expansion rates.
Central Bank reviews $250m investment currency reforms
The Central Bank’s governor yesterday foreshadowed reforms to protect Bahamian retail investors from potential “headwinds” in an overseas investments market that is this year on track to exceed 2022’s $250m outflow.
More hotel rooms key to beyond COVID recovery
The Bahamas must increase its supply of hotel rooms and cruise passenger spending to maintain tourism’s growth pace beyond 2023 with industry earnings now “more than recovered” from COVID’s devastation.
Soaring BPL costs delay inflation ease
Bahamians will have to wait for Bahamas Power & Light’s (BPL) soaring energy bills to ease before “the moderation of inflation starts to look more like” other countries, the Central Bank’s governor warned yesterday.
More needed to stop ‘epidemic of sexual abuse against children’
THE Bahamas is experiencing an “epidemic of sexual abuse against children in our country,” Rise Bahamas claimed yesterday. Government, they said, was not doing enough to address the problem.
