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'No fear of contradiction' on Govt $500m loan use
The Ministry of Finance's top official last night denied that a recent $500m loan was used to pay-off a maturing government bond as the Opposition raised renewed concerns over the financing.
Bahamian overseas investments 'didn't quite hit' $250m prediction
Bahamian investments in international stocks, securities and real estate "didn't quite hit" the predicted $250m mark for 2023 "but came close", the Central Bank's governor revealed yesterday.
'Decade of contraction' ends with $50m credit expansion
The Central Bank's governor yesterday revealed "a decade of steady contraction" in lending to the private sector was halted by 2023's $50.3m credit expansion although mortgage activity remained "subdued".
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
St George’s High School unofficial winner of GB Junior Junkanoo
ST George’s High School is the unofficial winner of the 2024 Anthony “Huck” Williams Junior Junkanoo Parade in Grand Bahama.
Honouring retirees
THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.
Arawak Cay gains $130k sewage system upgrade
A Cabinet minister yesterday hailed the $130,000 upgrade of Arawak Cay's sewerage and pipe infrastructure as a "celebration".
Quaker remains 'very strong' despite recall
The Quaker brand's Bahamian wholesale distributor yesterday confirmed it will not drop its products despite recent recalls due to fears some may have become contaminated by salmonella tainting.
Abaco Chamber chief fears port PPP costs
Abaco's Chamber of Commerce president yesterday voiced concerns that outsourcing the Marsh Harbour port's redevelopment to private investors will increase the cost of living on the island.
Bahamas to grow 'in low 2% range' in '24
Improvements to workforce productivity and the ease of doing business are critical to boosting economic output with Bahamian GDP forecast to expand in "the low 2 percent range" in 2024.
WORLD VIEW – Red Sea crisis: Houthi attacks raising prices worldwide
UP until a few weeks ago, the Red Sea and Yemen held little significance for the peoples of Latin America and the Caribbean.
INSIGHT – Bahamas travel advisory: Zero violent crimes against visitors in 2024
AS we have learned over the many years, the US State Department is required by law to report on anything that may affect Americans travelling to other countries.
'Changing' property market on up to 300% listings jump
A 200-300 percent increase in new listings is driving Bahamian real estate's "transition" away from a sellers' market by outstripping buyer demand, a prominent realtor is asserting.
Target cruising's top 10% for 'awesome' conversion
Nassau Cruise Port's top executive yesterday said The Bahamas must target the "top 10 percent" of cruise visitors with a compelling "value proposition" to realise a "huge" stopover conversion opportunity.
Airline chief: Do not pin FAA audit blame on us
A Bahamian aviation operator is voicing concern that he and other airlines are being set up to get the blame if this nation is downgraded by US federal regulators following a recent audit.
'Highly, highly unlikely' tourism hurt by crime
Nassau Cruise Port's top executive yesterday said it is "highly, highly unlikely" that cruise passengers or any tourists will be impacted by early 2024's surge in murders and the fear of crime.
Never mistake law for justice
It is my opinion that Commissioner of Police Clayton Fernander's criticisms of the courts of law granting bail to accused persons (males) are highly detrimental and intrusive as it relates to the role and duties of a Commissioner of Police of the Royal Bahamas Police Force by calling for yet another amendment to the Bail Act.
Taxi union resolves Atlantis differences
Taxi drivers say they have resolved differences with Atlantis that previously saw them threaten to block the bridge to Paradise Island.
Environmental regulator to gain 'spot fine' power
The Department of Environmental Planning & Protection (DEPP) is awaiting passage of a law that will allow it to issue “spot fines” for anyone found guilty of infractions.
Yacht charters able to aid cruise conversion
Charter yacht industry participants say the sector can play a key role in converting cruise passengers to higher spending stopover visitors.