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GDP boost fuelled by construction manufacturing, hotel, marine transport
THE Government has released preliminary estimates showing that the Bahamian economy’s gross domestic product (GDP) expanded by 1.83 per cent based on constant prices, fuelled largely it said by increases in the construction, manufacturing, hotel and marine transport industries.
Cable readies $30m pref share offering
Cable Bahamas is again preparing to tap the Bahamian capital markets for a further $30 million in preference share financing, which will help fund the roll-out of this nation’s second mobile provider.
Commission forces Benchmark into broker 'guarantee'
BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.
ONE ELEUTHERA: Important to seize the day as Eleuthera poised for growth
THE secret is out. Eleuthera – our beautiful island of freedom famed for its Glass Window Bridge and sweet sugar loaf (pineapples) is seeing unprecedented growth in tourism and development. Several weeks ago, I was given an opportunity to co-moderate the Eleuthera Business Outlook (EBO) that was organised by Joan Albury of the TCL Group and the Eleuthera Chamber of Commerce. There were many presentations pointing to the emerging opportunities linked to developments currently taking place and those slated for Eleuthera in the near future.
Kai Jones signs with Klutch Sports ahead of NBA Draft
Kai Jones has signed with Klutch Sports Group ahead of the 2021 NBA Draft.
Economic emancipation of The Bahamas
I hope one day our country can produce leaders who can inspire the minds of Bahamians and awaken their consciousness of its responsibility to the economic liberation of our country.
Minnis: Govt should follow the US in protecting citizens
FNM Leader Dr Hubert Minnis said yesterday he sees “nothing wrong” with the United States warning its citizens about the prevalence of “rape and armed robbery” in New Providence.
Brookfield exploring $2.5bn Atlantis sale
Brookfield Asset Management is looking to offload the Atlantis Paradise Island Resort - with a price tag of $2.5bn attached.
CLICO'S ownership of GB firm questioned
CLICO (Bahamas) liquidator has to-date been unable to prove that the insolvent insurer is the ultimate beneficial owner of a Grand Bahama-based building supplies company, threatening his ability to sell this asset for the benefit of creditors.
Junior golfers return home from 35th CAJGC with 5th place finish
THE Bahamas’ 14-member team returned home from the 35th Caribbean Amateur Junior Golf Championships (CAJGC) in the Cayman Islands with a fifth place, but it was an experience that manager Gina Gonzalez-Rolle feels they will never forget.
Roker signs with Acunsa Gipuzkoa in Spain’s LEB Gold League
AZARO Roker’s first step on his professional basketball journey will begin in Spain.
Chavez Young sidelined with injury in Australia Baseball League
AFTER several delays to the start of the Australian Baseball League, Chavez Young finally had an opportunity to make his debut, but following an injury in his first at bat, the switch hitting outfielder has been sidelined.
THE FINISH LINE - Davis Cup: Bahamas, 'it's time to get back to Zone I'
OVER the weekend, the Bahamas’ super quartet of Baker Newman, Philip Major Jr, Jody Turnquest and player captain Marvin Rolle returned home, having accomplished their ultimate goal of advancing from American Zone III to Zone II for 2019. It was anot
Exuma developer hits ‘warp speed’
A major Exuma project yesterday said it is hitting “warp speed” with its development plans, amid talks likely to result in it handing 150 acres to the Government for Georgetown’s redevelopment.
'Gimmick fears' on roadworks compensation
BUSINESS owners impacted by the New Providence Road Improvement Project yesterday said they were still waiting to see what sort of compensation they would receive after completing the Ministry of Finance's survey, one telling Tribune Business he felt the move may have simply been a "gimmick".
Pledge to release statistics showing latest conviction rate
LEGAL Affairs Minister Allyson Maynard-Gibson yesterday committed to releasing statistics that would support an improved conviction rate over the “alarming” figures released by the Inter-American Development Bank.
96 new COVID-19 cases on Friday
The Ministry of Health reported that there were 96 new COVID-19 cases, one additional non-COVID-19 related death and one additional death under investigation on Friday.
'Severely hampered' over legal action against Alliance
Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.
THE FINISH LINE: Pintard remarks 'like music to the ear', vote for All-Star select Jonquel
IT IS not how you start, nor how you get there. Most importantly, it’s how you finish. • The Finish Line, a weekly column, seeks to comment on the state of affairs in local sports, highlighting the highs and the lows, the thrills and the spills and
Letter: PM should accept FOCOL plan
Executive Chairman of the Bahamas Electricity Corporation (BEC) Leslie Miller and the Progressive Liberal Party (PLP) government are both determined to follow through with their pledge to offer a 10 per cent discount in their light bills to BEC customers in the not-too-distant future
