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IMF calls for harsher Bahamian austerity
The International Monetary Fund (IMF) yesterday warned that the Government must impose harsher austerity measures on the Bahamian people to hit its 50 percent debt-to-GDP target by 2030.
High Flyers rout Stampers 82-57, Rockets top the Mingoes 77-72
THE Breezes High Flyers and the Rockets both took a 2-0 lead in their New Providence Basketball Association best-of-five semi-final playoff series at the AF Adderley Gymnasium Saturday night.
Small business faces $180m 'finance gap'
The Bahamas faces a $180m “finance gap” in providing capital to small businesses, the Inter-American Development Bank (IDB) has revealed, as its project covers just 17 percent of demand. The multilateral lender, in documents detailing its $25m initi
Gov't 'good faith' key to Brewery's 100-job growth
Sands Beer’s manufacturer yesterday said its planned $15 million growth strategy, which could more than double its workforce via the creation of “over 100” jobs in the next five-10 years, depends on the Government maintaining the ‘tax advantage’ it holds over its BISX-listed rival.
Sky get 101-95 double OT win over the Sun
UNCASVILLE, Conn. (AP) — Courtney Vandersloot had the second triple-double in WNBA playoff history with 12 points, a league playoff-record 18 assists and 10 rebounds to help the Chicago Sky beat the Connecticut Sun 101-95 in two overtimes last night in the opener of their best-of-five semifinal series.
RENEWABLE ENERGY 'AMAZING CHANCE' FOR DIVERSIFICATION
By NEIL HARTNELL Tribune Business Editor The Bahamas has an "incredible opportunity" to diversify its economy by becoming a renewable energy exporter, a leading Caribbean expert yesterday saying it could emulate Israel's 92 per cent penetration rate if i
HSBC departure 'not jurisdiction driven'
HSBC's departure from this nation is 'not jurisdiction driven at all', although 12 Bahamian jobs will be lost through the global banking giant's decision to exit a 'non-core' business by 2014.
Fiscal Council’s reports ‘not a flip of the switch’
A Fiscal Responsibility Council member yesterday said there was nothing sinister about the body’s delayed publication of two key reports, and asserted: “This is not a flip of the switch.”
Delinquent mortgage buyer gives insurer $8m ‘windfall’
A Bahamian insurer yesterday said it is targeting a 15 percent profit increase for 2022 once the $8m “one-off windfall” it enjoyed last year from its investment in a delinquent mortgage buyer is stripped out.
BISX-listed Fund ‘stabilises’ with commitments for $8m
The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.
$300m cruise port won’t be ‘a tourism Wal-Mart’
Nassau Cruise Port’s top executive says he is “absolutely” confident that its $300m transformation will increase visitor spending yields and lure more hotel guests downtown, adding: “We’re not creating a tourism Wal-Mart.”
$112m spent with 'no due process'
$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t
UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
$10m poultry investment in ‘Nassau-centric’ move
A $10m poultry farming project is aiming to “become more Nassau-centric”, with its investor yesterday pledging it remains committed once land and the incentives regime are agreed with the government.
600 jobs expected as Minnis signs heads of agreement for $300m Abaco project
A HEADS of Agreement was officially signed yesterday between the government and Tyrsoz Family Holdings Ltd for a $300 million residential resort and marina in South Abaco, which will allow for the creation of 600 construction jobs on the island. Not
Make COVID-19 ease 'permanent', PM urged
The Prime Minister was last night urged to make his latest COVID-19 relaxation "permanent" after he gave retailers on the brink of closure a last-minute reprieve that may enable their survival.
Prostate cancer and breast cancer: It's in the genes
This article is the fifth prostate cancer related article for the all important September Prostate Cancer Awareness month.
Ex-gaming minister: 'Ideal time' for lottery
The ex-minister who oversaw the web shops’ legalisation yesterday said it was an “ideal time” to introduce a national lottery, suggesting it could generate $150-200m per annum. Obie Wilchcombe, the former minister of tourism, while criticising the go
Go Team Bahamas!
Team manager Courtney Wallace said the Bahamas’ 80-member team is ready for the staging of the 2018 CARIFTA Games at the Thomas A Robinson National Stadium this Easter holiday weekend.The team went through a light workout session yesterday and is get
Gene mutations can predispose Bahamian men to prostate cancer
What does prostate cancer have in common with breast cancer?
