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$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts
PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.
‘Phenomenal’ tourism pick-up - but still below 2019 levels
A Cabinet minister yesterday hailed the “phenomenal rate of increase” in stopover visitor arrivals as a sign “tourism is bouncing back” even though the industry remains more than one-third below 2019 numbers
Carnival’s GB port to double arrivals to 1m
Carnival’s Grand Bahama port will double the passengers it brings to the island to one million within three years of completion, economic forecasters have predicted, while boosting annual visitor spend by $68m.
Activists tell Disney: Show us cruise port ‘a fair deal’
Environmental activists are challenging Disney Cruise Line to show how its Lighthouse Point project is “a fair deal for The Bahamas and people of South Eleuthera” via the economic returns each side gets.
COVID travel measures ‘won’t ease in any way’
A Cabinet minister last night said the government is “not minded in any way to relax the health travel protocols” despite conceding that have likely helped to “depress demand” and tourism’s revival.
Governor in bank fee 'transparency' pledge
The Central Bank's governor yesterday pledged to deliver "greater transparency" on commercial bank fees as the country's first credit bureau prepares to start issuing reports by the 2021 second quarter.
Govt tax crackdown exposes ‘desperation’
The Christie administration’s much-trumpeted tax crackdown has exposed its “desperation” over the strained fiscal position, the Democratic National Alliance’s (DNA) leader yesterday charging: “The Government is broke.”
'Be more creative to reach cruise ship market'
TOURISM Minister Dionisio D’Aguilar yesterday called for Bahamian entrepreneurs to be more “creative” and “aggressive” at penetrating the cruise ship visitor market. Mr D’Aguilar noted cruise visitors represent 75 percent of the annual foreign visito
33,000 real property defaulters sanctioned
The Government sanctioned around 33,000 real property tax delinquents in both 2015 and 2016, an OECD report revealing the scale of its struggles to collect all due revenue.The Organisation for Economic Co-Operation and Development’s (OECD) “peer revi
Renewables stunned over paying BPL fee
Renewable energy providers yesterday warned it was “imperative” that the government clarify its plan to make users pay the debt servicing fee for Bahamas Power & Light’s (BPL) mega $650m refinance.
One last summer of BPL’s torment: Then cheaper bills and power that stays on
WHEN Finnish group Wärtsilä completes installation of a new electricity plant at Clifton Pier, Bahamas Power and Light Company Ltd would have ended the expensive practice of rental generators and “drastically” decreased the fuel surcharge on consumer’s monthly bills.
'We don't want V.A.T., even at 1/100 of 1%'
Super Value’s owner yesterday said Bahamians “don’t want VAT under any circumstances, even at 1/100th of 1 per cent”, and called for the Government to instead implement a wide-ranging fiscal reform package that included a sales tax.
'Screeching economic halt' if diesel stop lasts 10-14 days
Bahamians could "see a totally different economy" if the decision by most petroleum dealers to halt diesel sales lasts for up to two weeks, a well-known contractor warned yesterday.
‘Options running out’ rapidly on Baha Mar
A senior Chamber executive yesterday warned that “the options are running out” for a speedy resolution to the $3.5 billion Baha Mar dispute, with the project facing “great jeopardy” if the warring factions are unable to agree terms.
Insolvency reform 'very significant' to financial services
INSOLVENCY law reforms will bring "very significant" benefits to the Bahamas' financial services industry, but a leading accountant called on the sector to "more aggressively" promote these and other positive changes to global markets.
Rebel seven accused of personal agenda
FORMER Free National Movement Senator Carl Bethel yesterday took aim at the strategy of the party’s seven rebel MPs, claiming that the absence of a coherent message from the group showed that their actions were guided by personal agenda.
Water polo team aims to repeat Carifta success
Team Bahamas looks to continue its trend of water polo success and repeat last year’s dominant performance at the Carifta Water Polo Championships.
THANKS A LOT: Dionisio’s frustration as Atlantis staff spring snap holiday walkout
AFTER disgruntled hotel workers picketed outside of the Atlantis resort over unresolved issues with their industrial agreement, Tourism Minister Dionisio D’Aguilar expressed his disappointment in the Bahamas Hotel Catering & Allied Workers Union.
Chipman: Appointments show no clear agenda
SHADOW Minister of Foreign Affairs Hubert Chipman yesterday raised concerns about the government’s recently announced diplomatic appointments.
McCoy and Bastian stand out in NCAA Division II basketball
BAHAMIAN student athletes continue to have a major impact on their respective programmes in NCAA Division II basketball.
