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Bahamasair 'exhausts' $19m annual subsidy
Bahamasair's chairman yesterday confirmed the airline "exhausted" its $19m taxpayer subsidy during the first four-five months of its financial year, but said: "At least we don't have zero cash flow now."
'Time is of the essence' in closing Andros hotel sale
The Hotel Corporation's chairman yesterday said "time is of the essence" in closing the sale of its last hotel property (Grand Lucayan excepted) to an Andros-based resort developer.
It’s right to hunt for oil
After careful and extensive research into the oil industry and the safety measures available to ensure that there would be minimal possibility of an oil spill during the drilling of a sole exploratory well by your firm in Bahamian waters, I and my assorted nonprofit organisations, Common Cause and The National Republican Arena (ARENA) have decided to publicly support your efforts.
Downtown 'disheartened' over cruise tourism wait
Downtown Nassau businesses are "disheartened" that cruise tourism may not return until the 2021 second quarter as the industry's passengers comprise up to 90 percent of their customer base.
Governor warns on future tax increases
The Central Bank's governor has echoed warnings that Bahamians should brace for new and/or increased taxes as he dismissed suggestions the Government may soon default on its debt.
Boeing stocks take off as the 737 MAX returns
ActivTrades
On 29 October 2018 an aircraft flying for Indonesian carrier Lion Air, crashed into the Java sea only thirteen minutes after taking off from the Jakarta International Airport, killing all 189 passengers and crew members on board. Less than five months later, on 10 March 2019, Ethiopian Airlines flight 302 took off from Addis Ababa International with 157 people aboard. Six minutes later the plane crashed. There were no survivors. Both crashes involved brand new airplanes and happened within minutes of taking off. Also, the same aircraft model was involved: Boeing’s recently launched 737 MAX.
Junior tennis ace Jacobi Bain can’t wait to enrol at Xavier University
JACOBI Bain, one of the Bahamas’ top junior tennis players, has signed his official letters to attend Xavier University of Louisiana.
Bimini: 'Everything' tied to Resorts World return
Bimini businesses say “everything” concerning the island's economic fate is tied to the Resorts World (RWB) property's re-opening from December 26.
22 COVID cases between Wednesday and Thursday
THE country recorded 22 COVID-19 cases between Wednesday and Thursday.
Investment deal's anatomy exposed
A south Abaco developer says "the numbers have changed quite materially" after documents emerged showing he and his family were investing just $10m, or less than 2 percent, of the required $718m.
SO MANY IN NEED: Food parcels giveaway swamped as desperate queue from dawn for aid
THOUSANDS travelled to the Thomas A Robinson Stadium to collect a box of food and supplies at Island Luck’s IL Cares food drive yesterday, blocking roads for miles in every direction in a bracing showcase of the scale of need in the country.
Activists to BPC chief: Go back to England
Environmental activists yesterday urged the Bahamas Petroleum Company’s (BCP) chief executive to “shut his mouth and return to England" after trying to discredit the petition against his firm's activities.
Is Bahamas becoming a dictatorship?
WITH the November 24 declaration of a third state of emergency by Governor General Sir Cornelius Smith, Prime Minister Dr Hubert Minnis now has constitutional authority to impose additional restrictive measures for another six months.
Jones posts double in Foxes’ victory
FOLLOWING a break in competition for national team play at the FIBA Eurobasket 2021 Qualifiers, Jonquel Jones and her UMMC Ekaterinburg Foxes began FIBA Euroleague play this week and continued their dominance in the region.
‘Mr Consistent’ Maycock a national golf champion
As consistent as he was from day one, Greg Maycock maintained his lead and held on to win the Bahamas Professional Golfers Association’s Leroy ‘Roy’ Bowe Founder BPGA 2020 National Championship title.
New operating theatre for Rand
A new fully-equipped modular operating theatre donated to the Rand Memorial Hospital by Direct Relief (DR) was officially turned over to the Ministry of Health on Wednesday.
IMF calls for harsher Bahamian austerity
The International Monetary Fund (IMF) yesterday warned that the Government must impose harsher austerity measures on the Bahamian people to hit its 50 percent debt-to-GDP target by 2030.
Oil explorer: Just 20% of opponents from the Bahamas
The oil exploration battle further heated up last night after Bahamas Petroleum Company (BPC) sought to discredit an activist petition by asserting just 20 percent of signatories were local.
When will we get vaccine?
AS the United Kingdom became the world’s first country to authorise use of a COVID-19 vaccine, Minister of Health Renward Wells said the government is still determining which brand it will secure.
‘BUDDY’ HIELD AND KINGS ‘ARE ALL ON THE SAME PAGE’
THE growing speculation continues to mount about Chavano “Buddy” Hield’s future with the Sacramento Kings organisation after different messages emerged from the franchise’s head coach and top ranking executive.
