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Abaco resort eyes ‘break even’ 5% rate increase
The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.
Ayton traded to the Trail Blazers
Centre Deandre Ayton, who was embroiled in contract talks with the Phoenix Suns and a heated clash with former head coach Monty Williams, has been traded to Portland, becoming the second Bahamian to play for the Trail Blazers.
ALICIA WALLACE: Government ‘unserious’ on gender policy progress
THE national gender policy has been on the shelf for years. It was first drafted more than a decade ago, and last updated in 2018.
Bahamians were more interested in ‘socialising’ than digital training
Bahamians were initially more interested in socialising than learning new technology-related skills deemed vital to prospering in the 21st century’s digital-driven economy, a report has revealed.
BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.
Political implications for West GB
From the outset I would like to extend sincere condolences to the family of the late West End and Bimini MP Obie Wilchcombe. His death is a grim reminder of the uncertainty and brevity of life on this side of eternity and the importance of living each day as if it would be our last, with our focus on the Lord Jesus Christ
'White hot' Cable Beach development 85% sold
A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.
PETER YOUNG: This year’s UN General Assembly reveals increasingly multi-polar world
IN previous columns I have drawn attention to the gradual increase of world summit meetings in recent years. But there is, of course, nothing to compare with the UN General Assembly (UNGA) which is the important gathering in New York of its 193 nations annually in September. It claims to provide a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter of the United Nations, though there are also opportunities for bilateral meetings between individual countries.
URCA seeks to shorten reconnection time
THE Utilities Regulation and Competition Authority wants to shorten the time communications service providers have to reconnect the services of people who are wrongfully disconnected or were disconnected because of non-payment.
ERIC WIBERG: Splashdown in the moonlight
ON the night of Tuesday, October 5, 1943, a pilot from the RAF named Hastie calmly pointed the sizeable B-25 Mitchell bomber towards the dark outline of South Eleuthera, just above Lighthouse Point. Despite losing an engine then the second one overheating, Hastie managed to calmly land his nearly 70ft, 35,000lb airplane a mere 100 feet from the beach gleaming white in the moonlight, without any of his men being killed.
Total visitor arrivals up 30% though stopovers still trail
The Ministry of Tourism's top official yesterday said total visitor arrivals to The Bahamas are 30 percent ahead of their pre-COVID record through to end-July although stopover visitors are still trailing slightly.
RBC chief pledges company account opening upgrades
Royal Bank of Canada's (RBC) top Bahamas executive yesterday pledged to address the challenges encountered by Family Island business clients when it comes to opening corporate bank accounts.
BPL: 8% 'crazy growth' in New Providence
A senior Bahamas Power & Light (BPL) executive yesterday said the utility had seen "crazy growth" in customer demand over the summer with New Providence's peak load increasing by 8 percent year-over-year.
‘Structural vulnerabilities’ weigh on robust growth
Standard & Poor’s (S&P) yesterday forecast Bahamian economic growth for 2024 will fall back to historical trends at 1.8 percent as it warned that such levels, together with “structural vulnerabilities”, weigh on improved credit ratings.
Chisholm Jr and Marlins celebrate latest historic double grand slam feat
BAHAMIAN Jasrado “Jazz” Chisholm Jr and the Miami Marlins celebrated his latest historic feat, being the team’s first player to notch grand slams in back-to-back games.
Retailers ‘not easing up’ on gas margin increase
The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.
Jonquel, Liberty advance to WNBA playoff semifinals
WOMEN’S National Basketball Association (WNBA) player Jonquel Jones posted her second straight double double to complete the 2-0 sweep against the Washington Mystics last night.
BGDBA Playoffs: Panthers lead 2-1 in series, Cybots remain undefeated
THE Ministry of Youth, Sports and Culture (MOYSC) Panthers and Bain and Grants Town Cybots are heating up in round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs.
Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil
Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.
‘Room for improvement’: Trade deficit expands 28% to $1.09bn
The Bahamas Trade Commission’s chairman yesterday said “there’s a lot of room for improvement” after this nation’s trade deficit expanded by almost $184m or 28 percent year-over-year to hit $847m in the 2023 second quarter.
