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'Particularly concerning': Imports expand 10x faster than exports
The Bahamas Trade Commission's chair yesterday said it was "particularly concerning" that this nation's imports have increased "ten-fold" compared to export growth with the country's National Trade Policy set for imminent release.
Central Bank's $9m HQ hit 'wasteful and absurd'
The Opposition's finance spokesman yesterday slammed the decision to cancel the Central Bank's new headquarters project as "absurd", arguing it was "an ideal project" for providing a post-COVID economic boost.
Water Corp debt to main supplier grows to $16.6m
The Water & Sewerage Corporation's outstanding debts to its main BISX-listed reverse osmosis supplier increased slightly to $16.6m during the 2023 first quarter despite government pledges to eliminate this, it was revealed yesterday.
Police arrest a man suspected in a spate of recent sexual assaults in Bacardi Road area
POLICE arrested a 27-year-old man yesterday concerning several recent sexual assault cases in the Bacardi Road area of New Providence.
Meteorology Department working to improve storm surge forecasting
ACTING Director of Meteorology Jeffrey Simmons said officials are working to improve storm surge forecasting.
Atlantis and PI hotels unite to bar Wendy's
Atlantis has joined forces with other resorts and developers in a bid to bar the Wendy's and Marco's Pizza owner from converting Paradise Island's former Scotiabank branch into a fast-food restaurant destination.
Ground broken on $200m Grand Bahama hospital
GOVERNMENT officials broke ground for a new $200m hospital in Grand Bahama yesterday.
Gov’t striving to re-open Lucayan’s Breaker’s Cay
The Government has taken a "show me the money" approach with potential Grand Lucayan buyers at it works to open another part of the resort complex to support increased airlift to Grand Bahama, it was revealed yesterday.
Egg self-sufficiency drive is ‘on stream’
A Cabinet minister yesterday said plans for The Bahamas to ultimately become self-sufficient in egg production are "on stream" with the necessary poultry grow houses to be set-up within four months.
GB needs Port Authority to 'makes things happen'
A Cabinet minister yesterday asserted that both Freeport and Grand Bahama need a Port Authority that is "progressive" and "makes things happen".
Nassau Nastics set to launch kids’ summer camp starting June 19
NASSAU Nastics will launch a summer camp for children from June 19 to August 25.
PETER YOUNG: Turkey’s identity at stake as the country faces a possible presidential run-off
TO many people, Turkey is something of an unknown quantity. But it is in the news at present because of last Sunday’s parliamentary and presidential elections. These are said to be the most pivotal polls in the nation’s history and President Recep Tayyip Erdogan’s toughest challenge since he first came to power in 2003.
FACE TO FACE – Holland Martin: Island boy bringing purpose and passion back home
WHEN Holland Martin stood on the medal podium sporting his Bahamian flag and singing the national anthem with pride, he wasn't only thinking about making his country proud. He was also thinking about his hometown - Fresh Creek, Central Andros. He knew what a privilege it was to be able to travel the world and represent his country, especially when scores of talented youngsters growing up all across the Family Islands never get the chance.
EDITORIAL: If trip was worth it, tell us the cost
HOW is your money being spent?
Cable 'accelerates' fibre due to Elon Musk threat
Cable Bahamas is "accelerating" the roll-out of its fibre-to-the-home network infrastructure in response to the competitive "threat" posed by Elon Musk's Starlink, its chief executive revealed yesterday.
Super Value's 'egg relief' amid BPL containment
Super Value is aiming to reduce egg prices to $1.99 per carton "as quickly as possible" amid hopes its solar roll-out can contain surging energy costs to just a 10-20 percent increase, its president revealed yesterday.
Payment fraud up eight-fold at $21m
Payment fraud increased in value almost eight-fold to $21.2m in 2022 with debit cards accounting for four out of every five reported cases, it was revealed yesterday.
Central Bank exceeded Govt lending limits at year-end '22
The Central Bank would have massively exceeded its legal lending limits to the Government had the latter's accessing of $232.3m in IMF special drawing rights (SDRs) been included in the 2022 year-end calculation.
Central Bank takes $9m hit over abandoned HQ project
The Central Bank yesterday revealed it has been forced to write-off almost $9m after the project to construct its new Royal Victoria Gardens headquarters was abandoned, with further impairment charges likely in 2023.
Dames says FNM did not award prison contract
FORMER National Security Minister Marvin Dames said the Minnis administration did not award a contract to Walker’s Industries for multi-million work on Bahamas Department of Corrections facilities.
