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Gov’t on deficit track even if 2024 ‘slides’
The Government’s prior year performance gives confidence that it remains on track to eliminate the fiscal deficit even if 2023-2024 “slides” from its original targets, a governance reformer said last night.
‘Buddy’ Hield and Pacers fall to Lakers
CHAVANO “Buddy” Hield, who was linked to trade rumours with the Los Angeles Lakers, watched as LeBron James and Anthony Davis put on a show to dismantle his Indiana Pacers to claim the first National Basketball Association’s In-Season Tournament title.
Dock construction starts to pave way for $50m resort
WORK has begun on a $1.5m cargo shipping dock that will pave the way for construction of a resort development in the Exuma cays.
Pipe maker to hire 90 for $1m plant build-out
A NEWLY-created PVC pipe manufacturer has pledged to hire more than 90 persons for the construction of its $1m Grand Bahama plant that is due to be completed by September 2024.
Minister says sorry for Junkanoo ticket difficulty
YOUTH, Sports and Culture Minister Mario Bowleg apologised to those who could not get premium tickets for the upcoming Boxing Day parade because of limited seating on Bay Street.
PM: Renewable plan clear strategy
PRIME Minister Philip “Brave” Davis said the government’s plan to develop renewable energy on Family Islands is a “clear economic strategy” to give Bahamians affordable power.
Gov’t wage bill’s $68m jump ‘not annual norm’
The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".
Promotion Board president urges 30% stopover focus
The Bahamas Out Island Promotions Board president yesterday urged the nation to near-double the proportion of stopover visitors that make up its tourism base to 30 percent.
Migration down overall - but rise in those headed to the US
ROYAL Bahamas Defence Force (RBDF) Commodore Raymond King said the northern Bahamas has seen a 90 per cent increase in migration to the United States.
Construction’s fears on ‘bread and butter’
The Bahamian Contractors Association’s (BCA) president has voiced fears that construction’s “bread and butter” will be undermined if the declining trend in mortgage loan approvals persists.
Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
President of Boxing Federation Vincent Strachan off to Congress
VINCENT Strachan, president of the Boxing Federation of the Bahamas, left town on Tuesday for the International Boxing Association Ordinary Congress in Dubai, UAE. Strachan is slated to return December 10.
Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
Coral restoration drive to boost ‘blue’ economy
The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.
Atlantis supervisor of woman on jury duty scolded by Judge
A SUPREME Court judge in the Adrian Gibson corruption trial declined to fine an Atlantis supervisor yesterday, but reprimanded her for allegedly telling a juror to take vacation leave while on jury duty.
Cases of sex infections reduced over ten years
THE public healthcare system recorded 2,169 sexually transmitted infections in 2022, 61 per cent –– or 1,320 –– of which were syphilis cases.
PAHO Director Emeritus Dr Carissa F. Etienne dies
The Pan American Health Organization announced on Friday that Director Emeritus Dr Carissa F. Etienne has died.
Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
REGATTA TIME AGAIN: Best-of-the-Best off to great start in Montagu Bay
The sixth Best of the Best Regatta lived up to the hype on day one of the sloop sailing event. Skippers and their crew members were in top form on the waters at Montagu Bay, competing in Class A, B, C and E.