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‘Get creative’ over govt debt aversion
The government was yesterday urged to “become more creative” in the Bahamian debt markets as traditional purchasers of its bonds increasingly reject long-term paper due to the mounting fiscal crisis.
Minister’s cargo hub plans for GB airport
Establishing the city of Freeport as an air cargo transshipment hub could generate the extra income required to make its rebuild attractive to private capital and operators/developers, a Cabinet minister said yesterday.
Minister: ‘No favours’ to payment provider
A Cabinet minister yesterday asserted that “no special favours” were involved in hiring a digital payments provider to handle the health travel via fees generated by tourism’s COVID-19 re-opening.
D’Aguilar shrugs off contract questions
TOURISM Minister Dionisio D’Aguilar has defended the government’s award of a no-bid contract to Kanoo Pays, an electronic retail payment provider, to process travel health visa payments.
FIBA Women’s EuroBasket: Jones and her team eliminated
GRAND Bahamian Jonquel Jones had another terrific game, but it wasn’t enough as Bosnia and Herzegovina ended their run at the FIBA Women’s EuroBasket in the quarterfinals on Tuesday in Strasbourg, France.
Oil opponents bid to end legal roadblock
Oil exploration opponents have offered to pay $100,000 to the former Bahamas Petroleum Company’s (BPC) attorneys, and narrow the scope of their Judicial Review, in a bid to remove all legal roadblocks.
Deandre Ayton soars for last second alley-oop, Suns top Clippers to take 2-0 lead in West finals
PHOENIX (AP) — Deandre Ayton jammed an alley-oop pass from Jae Crowder with 0.7 seconds left, giving the Phoenix Suns a thrilling 104-103 win over the Los Angeles Clippers last night in Game 2 of the Western Conference finals.
Now Wells hopes herd immunity by August
MINISTER of Health Renward Wells says the government hopes the country achieves herd immunity against COVID-19 by August.
PM hails $350m Shipyard move
The prime minister yesterday said the government is working on “a new partnership agreement” with the Grand Bahama Shipyard’s cruise line owners as he hailed their $350m investment in two new dry docks.
‘Do or die’: Jones has another double double
Grand Bahamian Jonquel Jones posted another double-double to help Bosnia and Herzegovina win their first playoff game to stay alive in the FIBA Women’s EuroBasket Championships.
BREA chief: Do ‘admirable thing’ for existing deals
The Bahamas Real Estate Association’s (BREA) president says it will be “the admirable thing to do” for the government to “honour” current VAT rates on high-end deals agreed before the budget’s unveiling.
Junior golfers take home national amateur titles
HEATHCLIFF Kane and Anne Fernandez emerged as the Bahamas Golf Federation’s 2021 National Amateur Golf Championships’ male and female champions.
Commission defends process to select judiciary
THE Judicial and Legal Service Commission has defended the process behind the selection of newly appointed judges and magistrates. After the JLSC announced the appointments in May, there was criticism and speculation in some quarters.
STATESIDE: Showdown in Switzerland but the real challenge is elsewhere
Didn’t it all feel like the run up to a heavyweight boxing match or even the titanic showdown between two powerhouse American football teams?
PI beach access closed for $250m condo-hotel plan
The Ocean Club’s owner last night said it had closed a popular access route to Paradise Island’s Cabbage Beach out of “safety concerns” as it prepares to begin construction on a $250m condominium-hotel project.
Beach vendors’ fury as owners move to close off their access
CABBAGE Beach vendors were irate and shocked yesterday to see the Paradise Island beach entrance locked and their items relocated when they showed up on site in preparation for their return to work next month.
Union of Central Bankers members walk off the job
MEMBERS of the Union of Central Bankers walked off the job yesterday citing unresolved grievances with management.
Inflation ‘significant’ threat to post-COVID recovery
Rising inflation poses “a very significant” threat to the speed and strength of The Bahamas’ post-COVID economic revival, a prominent economist warned yesterday, with key building material prices up by double digits.
Bahamasair sees revenues fall 84%
Bahamasair’s revenues for the ten months to end-April 2021 plunged by 84 percent year-over-year, a Cabinet minister revealed yesterday, with taxpayers set to underwrite its survival via a $60m-plus subsidy.
‘Major improvements’ needed on bank fees
Almost two-thirds of Bahamian businesses say the fees charged by commercial banks need “major improvements”, according to the findings of a Central Bank survey.