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Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
'Reticent' on oil explorer's carbon credits alternative
Environmental activists are urging the Government to "carefully scrutinise" any proposal by Challenger Energy Group to monetise its $150m investment in this nation via the creation of carbon credits.
Day 1 of Track & Field Nationals in the books
Bahamian pro athletes shine
Day one of the Bahamas Association of Athletic Associations (BAAA) Senior and Junior National Track & Field Championships got off to an exciting start at the original Thomas A Robinson stadium.
Reserves hit $2.9bn on Gov’t borrowing boost
The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.
Stopover tourists strike 94% pre-COVID levels
TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.
Gov't 'examining merits' of oil explorer carbon credits
The Government is "examining the merits" of an oil explorer's proposal to gain a return on its $100m-plus investment in The Bahamas via the use of carbon credits.
Low vaccination rates spark fears over polio
HEALTH officials are alarmed by declining vaccination among children and fear the country is at risk of reintroducing polio and other deadly diseases.
Foreign buyer VAT rise gains ‘90-day transition’
A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.
Almost 1m referrals to Nassau/PI hotels
A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.
Man denied bail while facing 14 firearm-related charges
A MAN is behind bars after allegedly possessing ten illicit firearms and over 100 rounds of ammunition which were recovered in a raid on a courier company last week.
JBLN stun Freedom Farm
In one of the most dramatic comebacks at this year’s Bahamas Baseball Association’s G-Ball National Baseball Championships, the Junior Baseball League of Nassau stunned Freedom Farm to clinch the 14-and-under divisional title.
Clubs & Societies June 23rd, 2023
After a three-year gap because of COVID-19, the 16th Summer Day Camp returns with daily sessions from 9am to 4pm, August 8-18.
ONE ELEUTHERA: Important to seize the day as Eleuthera poised for growth
THE secret is out. Eleuthera – our beautiful island of freedom famed for its Glass Window Bridge and sweet sugar loaf (pineapples) is seeing unprecedented growth in tourism and development. Several weeks ago, I was given an opportunity to co-moderate the Eleuthera Business Outlook (EBO) that was organised by Joan Albury of the TCL Group and the Eleuthera Chamber of Commerce. There were many presentations pointing to the emerging opportunities linked to developments currently taking place and those slated for Eleuthera in the near future.
BPL sees 'negligible' disconnection jump
Bahamas Power & Light (BPL) yesterday said it has seen a "negligible" increase in disconnections, with fewer than 2 percent of accounts cut-off in May, as consumers brace for the 163 percent peak fuel charge increase.
Pintard questions Govt’s handling of cruise tax increase
Opposition leader Michael Pintard yesterday argued that new passenger taxes could cause cruise ships to seek cheaper destinations.
Demand to criminalise marital rape
Thank you for allowing me to make a comment on the continuing discussion about the alleged need for the criminalisation of marital rape by the Parliament of The Bahamas.
Pintard: Cruise lines will bear cost of tax increase
Opposition leader Michael Pintard yesterday argued that new passenger taxes could cause cruise ships to seek cheaper destinations.
Gov't backed off 10-day VAT filing for large firms
The Bahamian private sector yesterday said cutting the VAT filing deadline for firms with annual turnover exceeding $5m has been "wholly rejected as unworkable" despite the Government backing off its original 10-day target.
G-Ball Andre Rodgers National Baseball Championships back in NP
WITH the opening of the new Andre Rodgers Baseball Stadium, the Bahamas Baseball Association has decided to bring its G-Ball Andre Rodgers National Baseball Championships back to New Providence.
PETER YOUNG: New national sport - expanded role for local sailing clubs
Although it has been fun and a learning experience to have crewed for various people on boating pleasure trips while living here in The Bahamas, I confess to little real knowledge about sailing. But one does not need to know a great deal about this wonderful activity and sport to realise how important it is in this country.
