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Restaurant crowdfunder targeting $2.4m in sales
A restaurant entrepreneur yesterday said he is targeting $2.4m in total sales for 2023 as he mulls opening a third location on Carmichael Road.
Fighting back nematodes
Fighting back nematodes By Gardener Jack Perhaps as you are reading this someone who has been gardening for a year or two is discovering that one of his promising tomato plants is wilting. This is puzzling because the plants were watered well. The gard
BTC to complete Abaco cell overhaul in mid-May
THE Bahamas Telecommunications Company (BTC) is set to complete its wireless system overhaul on Abaco and the northern Bahamas by mid-May, giving customers improved cellular service, including faster speeds for downloads and browsing on smart phones.
Business brings new weapon to the COVID fight
TWO Bahamian businessmen have joined forces to bring a new weapon to The Bahamas in the fight against the spread of COVID-19.
$10m allocated for PMH renovations
THE government has allocated ten million dollars for renovations to be completed at the Princess Margaret Hospital, Health Minister Renward Wells announced on Friday.
$18.8m credit shrink exposes weakness
Persistent private sector and consumer weakness was further exposed by July’s $18.8m credit contraction, with total banking sector loan arrears also slightly increasing to $835mThe Central Bank, in its July economic update, said: “Private sector cred
Marinas enjoy arrivals increases of up to 60%
Members of the Association of Bahamas Marinas (ABM) have reported 2018 first quarter arrivals increases of up to 60 per cent, leading to predictions of an “excellent” full year.“The prospects for boating to the Bahamas look excellent for 2018,” said
Carnival: Ships to return after assessment
AS Grand Bahama recovers from the devastation of Hurricane Dorian, a top Carnival Corporation executive has assured residents that the company’s ships would return to Freeport as soon as they complete an assessment on the island.
Families identify 21 Abaco dead
On the day that another Haitian body washed up on shore - a female - the League of Haitian Pastors reported that they have been in contact with family members for at least 21 of the now 31 migrants who died when their sloop shipwrecked near Abaco cays over the weekend.
HURRICANE SEASON: South New Providence may not be prepared for extensive flooding
THE entire southern corridor of New Providence, including Pinewood Gardens, may not be able to handle extensive flooding this hurricane season if rainfall exceeds the holding capacity of the drainage system.
Webshop starts training staff in anti-money laundering methods
A local webshop chain has taken the next step in preparing for the industry’s regulation by training all of its employees in anti-money laundering and compliance.
BORCO targets 20-30% tanker traffic growth
The Bahamas Oil Refining Company (BORCO) is the “ideal location” to service the expected 20-30 per cent increase in tanker traffic resulting from the Panama Canal expansion, its owner yesterday describing the facility as the “optimum spot” for a bunker filling station and crude oil ‘top up’ unit.
Symonette declares interest in Town Centre Mall
BRENT Symonette, minister of trade, financial services and immigration declared his interest in Town Centre Mall in Parliament yesterday.He stood to declare his interest in the mall and a company called BHRSC Holding Ltd after Official Opposition Lea
FNM Chairman expects govt to delay NHI scheme
Free National Movement Chairman Michael Pintard said "fully expects" the government to delay the implementation of its proposed National Health Insurance scheme, adding that concerns over its funding comes secondary to the "infrastructural development of the existing healthcare system".
Global stock volatility ‘rather disconcerting’
A former finance minister yesterday described the latest bout of global stock market volatility as “rather disconcerting” for the Bahamas, adding it was occurring when this nation “can least afford it.”
Wilchcombe: Transparency vital for The Pointe project
TOURISM Minister Obie Wilchcombe yesterday called for greater transparency and accountability as China Construction America gears up to begin its $250m Bay Street luxury development – The Pointe.
IMF urges Bahamas to stick to 50 percent debt ceiling
The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.
End to inter-island COVID tests a ‘world of difference’
Hotels and airlines yesterday hailed the Government’s decision to eliminate COVID testing for inter-island travel from New Providence and Grand Bahama as “making a whole world of difference” for domestic tourism and commerce.
Eleuthera developer mulls subsidiary's IPO
An Eleuthera real estate developer is mulling an initial public offering (IPO) for one of its subsidiaries amid plans to accelerate the build-out of various assets.Erma Carey, secretary of Eleuthera Properties, the Cotton Bay and Jack’s Bay Club deve
Carnival awaiting permits for GB ‘crown jewel’ start
A senior Carnival Corporation executive yesterday voiced optimism that construction on its Grand Bahama “crown jewel” can still start this year despite the pressures imposed by COVID-19.
