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Unemployment rate drop labelled a 'smokescreen'
The Opposition's finance spokesman last night argued that the 8.8 percent unemployment rate, the lowest for 15 years, is a "smokescreen" that masks the "significant" reduction in the labour force's size and number of working Bahamians.
'World has changed': IBCs taxed on foreign earnings
Bahamas-domiciled International Business Companies (IBCs) will have to pay tax on their overseas earnings from New Year's Day 2024 in an historic first for this nation, a senior official confirming: "The world has changed."
RF fund's $120m excess is 'good problem to have'
A Bahamian investment bank says its largest mutual fund is receiving investor subscriptions as fast as it can invest them, branding the situation as "a good problem to have".
Mitchell says foreigners must pay share or leave
REFERRING to cruise lines and Lyford Cay residents, Foreign Affairs Minister Fred Mitchell said it is time foreign nationals “pay their fair share or go elsewhere”.
Kitchen staff at hospital hold sit-out over issues
DISGRUNTLED employees of the kitchen department in Princess Margaret Hospital staged a sit-out on Friday because of an air-conditioning malfunction and staff storage.
CCA: Reverse Baha Mar sabotage 'in its entirety'
Baha Mar's contractor is seeking to overturn "in its entirety" a New York judge's verdict that it sabotaged Baha Mar's completion and orchestrated Sarkis Izmirlian's removal as the project's developer.
JBLN stun Freedom Farm
In one of the most dramatic comebacks at this year’s Bahamas Baseball Association’s G-Ball National Baseball Championships, the Junior Baseball League of Nassau stunned Freedom Farm to clinch the 14-and-under divisional title.
Bahamas All-Pro Football camp a success in year two
THE Bahamas All-Pro Football camp hosted its second edition of the youth training at Thomas A Robinson stadium this past Saturday.
Lions, Lady Avengers run away with flag football titles
THE Caro Contractors Lady Avengers and EDLC Lions are the 2023 flag football champions.
Fred to investors: 'Pay your fair share or look elsewhere'
The Progressive Liberal Party's (PLP) chairman has demanded that foreign investors "pay your fair share or look elsewhere" in response to push back over the Government's various new tax and revenue-raising measures.
BTC launches 'same speed' fibre packages
The Bahamas Telecommunications Company (BTC) has unveiled fibre packages that all provide the same Internet upload and download speeds as it seeks to deliver faster and more reliable connections.
'Grab the wheel tighter' in recessionary times
An entrepreneur says small businesses must “grab the steering wheel a little tighter” during a recession to ensure they have a better grip on their operations.
Unemployment rate lower than pre-pandemic levels
THE percentage of unemployed Bahamians is lower than pre-pandemic rates, dropping from 9.5 percent in May 2019 to 8.8 percent this year, according to the May 2023 report released by the Bahamas National Statistical Institute on Friday.
$247k budgeted to help push for more inclusion for disabled people
SOCIAL Services Minister Obie Wilchcombe announced his ministry’s plans yesterday to push for more inclusion of disabled people in The Bahamas, with $247,000 budgeted for the initiative.
Clubs & Societies June 23rd, 2023
After a three-year gap because of COVID-19, the 16th Summer Day Camp returns with daily sessions from 9am to 4pm, August 8-18.
Aiming to create a greener future: Sustainable Me Summer Camp
A pioneering initiative committed to promoting sustainability and environmental stewardship among children is set to launch next month.
BPL sees 'negligible' disconnection jump
Bahamas Power & Light (BPL) yesterday said it has seen a "negligible" increase in disconnections, with fewer than 2 percent of accounts cut-off in May, as consumers brace for the 163 percent peak fuel charge increase.
MP: Crown Land approvals four times' more than Minnis
The Davis administration was yesterday said to have approved in less than two years more than four times' the number of Crown Land applications granted by its predecessor during its whole term in office.
Tourism Development chief unveils 'City Pass' initiative
The Tourism Development Corporation's (TDC) head yesterday unveiled the development of a 'City Pass' that is designed to encourage locals to "fall in love with The Bahamas again" and boost domestic tourism.
Architects' chief 'can't let go' Building Control fight
The Institute of Bahamian Architects (IBA) president says his legal battle with Building Control "can't be let go" for the profession's greater good after he was refused permission to appeal to the Privy Council.
