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‘Economy’s turned’: Port targets $10m-plus profit
Nassau’s main commercial shipping port is targeting a 7 percent year-over-year increase to break the $10m profit barrier in 2024, its top executive asserting yesterday: “The economy has turned.”
Just one SOE ‘can throw everything’
The Government yesterday unveiled policies to govern a near-$800m portfolio of loans and guarantees to state-owned entities, a senior official saying: “One transaction could throw everything awry.”
$500m cruise port’s ‘strict preference’ for Bahamians
The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.
NPBA regular season opening night on November 11
THE New Providence Basketball Association (NPBA) regular season is scheduled to return next week Saturday for opening night at the Kendal GL Isaacs Gymnasium.
‘Building Holistic Champions’
WHILE they will prepare to hold their fourth annual Motivational, Health & Wellness Seminar for their athletes this weekend, the Red-Line Athletics Track Club hosted a course for their coaches and management team.
STATESIDE: Mike Pence’s withdrawal not likely to cause a ripple for GOP
MIKE Pence “suspended” his candidacy for next year’s presidential race over the weekend. When the former vice president exited the current GOP presidential race, Pence was in some danger of missing the cut for the next Republican debate which is set for next week. His withdrawal hardly caused a ripple.
Jurors sworn in after lengthy selection process in Gibson trial
A NEW jury was empanelled yesterday in Adrian Gibson’s corruption trial after a lengthy selection process that dismissed several candidates because of their ties to the accused or witnesses.
MITCHELL: CHAIRMAN NEEDS PM’S SUPPORT – Fox Hill MP asks ‘why switch’ as he prepares ‘penultimate campaign’
FRED Mitchell suggested that if Prime Minister Philip “Brave” Davis does not support the victor of the Progressive Liberal Party’s upcoming chairmanship race, that person would struggle to function and carry out their duties as a vital party agent.
Top sailor Spencer making some waves
Cartwright joins coaching staff at Brown University
Top sailor Spencer Cartwright has made a name for himself on the waters and will now look to make his mark as an assistant coach for the Brown University sailing team.
Arawak port beats profit target by 18%
Nassau’s main commercial shipping port yesterday revealed it beat its full-year profits target for 2023 by some 17.7 percent or more than $1.4m compared to original forecasts.
British Colonial Hotel expected to open on December 12
DEPUTY Prime Minister Chester Cooper said the British Colonial Hotel will open on December 12 with 288 renovated rooms, 300 Bahamian employees and 18,000 sq ft of meeting space.
PM told that BPL fuel hedge ‘in the money’
The Prime Minister was told Bahamas Power & Light’s (BPL) fuel hedge, which his administration has sought to discredit, was “in the money” even though fuel woes “substantially ate into the benefits”.
Mortgage loan approvals decline to under one-third
Less than one out of every three mortgage loan applications was approved in the 2023 first half despite total credit applications to the commercial banking sector increasing by 9.4 percent year-over-year.
Softball Games prelude to Public Service Week
PUBLIC service workers enjoyed softball games at the Blue Hills Sporting Complex on Saturday morning in their leadup to full launch of their commemorative week.
We need you, Fred Mitchell
If we have to march on Bay, we will do just that. We want you. You have a proven record to show the youth, under privileged, the elderly, etc. We want you, Mr Fred Mitchell, no ands, ifs or buts. Best of luck at the polls. You are the best man for the job.
WORLD VIEW: Venezuela’s dangerous referendum - threatening peace and international law
FOR sixty years, from their entry into school, Venezuelans have been trained into believing that the Essequibo region of Guyana belongs to Venezuela. Consequently, regardless of the facts, this belief is ingrained in the Venezuelan psyche.
'Giant boost' as $600m transformational project launched at Grand Bahama Shipyard
A $600m transformational project, which will include two of the largest dry docks in the world, was launched at the Grand Bahama Shipyard on Friday, and was said to be a “giant boost” to the island’s economy, tourism and employment.
Attorney loses appeal on ‘forged’ bank drafts
A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.
Illegality of abortion is dangerous
Some 85 years ago, a doctor in England examined a 14-year-old girl and determined that she was sufficiently developed physically to carry her pregnancy to term.
Realtors cite shortage but listings rise ‘up to 1,492%’
Major realtors yesterday contradicted data showing new home listings rose “up to 1,492 percent” in the 2023 third quarter by arguing that inventory shortages mean The Bahamas remains “a seller’s market”.