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IDB loans $200m to aid business climate
The Inter-American Development Bank (IDB) yesterday said it has approved a $200m loan to boost the business climate through increased productivity, innovation and greater diversification. The multilateral lender said the initiative would support the
Homeowners to be paid to take in university students
THE University of The Bahamas has enacted Prime Minister Dr Hubert Minnis’ vision of paying rent to homeowners who accommodate university students in their homes, UB president Dr Rodney Smith said yesterday.During his budget communication in June and
Renewable fear over BPL bond
A union leader has voiced fears that Bahamas Power & Light (BPL) will be unable to meet repayments on its $580m bond as its largest, wealthiest customers race to adopt renewable energy.
Cruise industry 'accelerates' $455m projects post-Dorian
The cruise industry has pledged to help “broadcast the message that most of The Bahamas is open” after raising $8m for Hurricane Dorian relief and recovery efforts. The Florida-Caribbean Cruise Association (FCCA), in a statement, said its member lin
‘Comfort’ as PM pledges tax increases last resort
Businesses and Bahamians can take “comfort” from the Prime Minister’s repeated assertion that new and/or increased taxes will be “a last resort”, a governance reformer said yesterday.
ART OF GRAPHIX: Don’t revert to type for the best designs
As graphic or web designers, we often focus on the practical aspects of design above all else. We focus on what works, with little regard for why it works. And, in our day-to-day work, that outlook serves us well. It lets us get our work done in an efficient, professional manner, and generally nets good results.
Significant damage to 95% of buildings in Eight Mile Rock and Holmes Rock
NINETY five per cent of the buildings in the Eight Mile Rock and Holmes Rock areas in Grand Bahama received significant damage from Hurricane Matthew on Thursday night and Friday morning, Brenda Colebrooke, the island administrator for West Grand Bahama, said.
Deputy PM says assessment efforts under way
DEPUTY Prime Minister Philip “Brave” Davis on Friday said the government’s assessment efforts across the hurricane-ravaged country are being co-ordinated with a view to have the Bahamas back to a “level of normalcy as soon as possible”.
BISX micro tier ‘not necessarily money making’
THE Bahamas International Securities Exchange (BISX) has admitted its planned micro-listing tier will be a loss-maker during its infant years, but believes the facility is essential to “bring the entrepreneurial spirit” into this nation.
Body of baby found, two women found dead, man killed by police
POLICE are investigating the discovery of three bodies – one of which was an infant found at the public dump on Saturday, as well as the death of a Fox Hill man who was shot by police on Friday night.
Bimini Bay sparks Hotel Corp revival
Genting’s partnership with the Bimini Bay Resort’s developers appears to have created a revival opportunity for the Hotel Corporation, whose subsidiary will be operating the project’s transportation and water sports facilities.
Star Performers Track Classic results
Results from the 10th Star Performers Track Classic held on Saturday at the Thomas A. Robinson National Stadium.
Victim dies at scene of knife fight
POLICE are investigating the circumstances surrounding a stabbing incident that left a man dead Wednesday morning.
VIDEO HIGHLIGHTS - 'Summer of Thunder': Providence Storm get win over North Carolina
IT WAS certainly not what North Carolina Tar Heels head coach Roy Williams expected when he brought one of the most storied programmes in NCAA history to the Bahamas for a pair of exhibition games at the “Summer of Thunder.”
Realtor: ‘Best sales in 99-year history’
A prominent realtor has revealed his firm is enjoying “the best year in our 99-year history” with the high-end Bahamian property market “going gangbusters” following its post-COVID lockdown emergence.
Privatisation targets wages 99% of income
A key privatisation target’s payroll costs now equal 99 percent of revenues, a Cabinet minister has revealed, as he confirmed: “We’re trying to outsource as many entities as possible.”
SPORTS NOTES
THE New Providence Basketball Association resumed its regular season action at the AF Adderley Gymnasium on Wednesday night after taking a break for the 35th Hugh Campbell Basketball Classic for senior boys.
Gov'ts signals 'go close your doors' on Bahamasair
A Cabinet Minister was yesterday said to have sent a “go close your doors” message to private Bahamian airlines by reaffirming unlimited government support for Bahamasair.Captain Randy Butler, Sky Bahamas’ chief executive, said Dionisio D’Aguilar’s c
US Coast Guard search for missing cruise ship passenger
THE US Coast Guard is searching for a man from Brazil who fell off a Royal Caribbean cruise ship near the Bahamas.
