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Customs promises wise enforcement ‘teeth’ use
Bahamas Customs yesterday sought to reassure the shipping industry that it will use its newly-acquired “teeth” wisely, and not levy “unreasonable fines” that could drive a further increase in freight rates.
Minnis: BPL chief says we’re right over Wartsila
Dr Hubert Minnis says Bahamas Power & Light’s (BPL) chief executive has vindicated his administration’s $90m Wartsila investment as he queried whether the utility is increasingly reliant on rental generation once again.
Six week closure to ease 'tremendous Wyndham Pressure'
Baha Mar yesterday said its six-week temporary closure of the Wyndham Nassau Resort and Crystal Palace Casino at the tourism cycle’s “lowest point”, a move impacting around 1,000 employees, will alleviate the “tremendous pressure” caused by underperforming business levels and nearby construction.
PLP chair branded ‘delusional’ as debt ratio soars to 78%
Bradley Roberts was yesterday branded “delusional” for asserting that the Christie administration had “rescued the Bahamas from the brink of the fiscal cliff”, after it emerged that this nation’s debt-to-GDP ratio ended 2016 at 78 per cent.
Retailer hails 'huge help' of govt lockdown change
A major Bahamian retailer has hailed the government’s decision to modify its “locked down” businesses list as “a huge help” both to its sector and the wider economy.Brent Burrows, vice-president of CBS Bahamas (Commonwealth Building Supplies), told T
Fiscal Responsibility miss leaves doubt on Govt ‘turning tide’
The failure to deliver on the promised Fiscal Responsibility Act consultation has left the private sector doubting the wider Government’s “commitment to turning the fiscal tide”, the Chamber’s chairman says.
Minister ‘concerned’ on rating agency reaction
The Minister of Finance yesterday conceded he was concerned about how the credit rating agencies will react to a five-fold increase in the projected 2016-2017 deficit, plus $722 million in new government borrowing.
E-passport provider in IT school venture
The former Bacardi plant’s owners yesterday pledged to “move forward” with establishing a high-end IT school, having enlisted the company responsible for the Bahamas’ e-passport and border control systems as its project partner.
$14.7bn asset manager targets Ginn project
A top US real estate/infrastructure investment firm with $14.7 billion in assets under management has been revealed as one of the groups exploring the potential purchase of the former Ginn project in Grand Bahama’s West End.
South Eleuthera to 'exceed glory days'
A Bahamian resort developer yesterday said that together with a proposed Four Seasons property nearby, they would “exceed South Eleuthera’s glory days” that were experienced under Pan-Am founder Juan Tripp.
Water park developer denies venture is a scam
THE purported developer of the first Bahamian-owned water theme park, Adventure World Discovering the Waters, yesterday defended his business from claims that it is not legitimate.
Giants to face Cybots in NPBA final
Coach Perry Thompson knew that once his Commonwealth Bank Giants kept the ball out of the hands of the Police Crimestoppers’ guard Mitchell Johnson, they would be back to defend their title in the New Providence Basketball Association’s championship series.
Man fights for life after stabbing
A 24-year-old man is fighting for his life in hospital after being repeatedly stabbed.
Saved by the net
By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3
Saved by the net
By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3
‘This year’s carnival will look less like Junkanoo’
COSTUMES for Bahamas Carnival 2024 will look less like the Junkanoo-themed costumes of years past, according to Bahamas Carnival Association (BCA) president Dario Tirelli.
Fined $200 for cocaine possession
A 26-year-old man who was caught with three grams of cocaine was fined $200 in Magistrates Court yesterday.
Cardboard recycling a weekly waste saver
Bahamas Waste says it is saving 180 cubic yards of landfill space per week via the 20 tonnes of cardboard waste it is recycling.
‘Coach Yo’ and Ole Miss Lady Rebels two conference wins away from making history
GRAND Bahama native coach Yolett McPhee- McCuin and the University of Mississippi (Ole Miss) Rebels are just two wins away from earning the most Southeastern Conference victories in the programme’s history.
Bull Reg and Lady Sonia earn Cup race honours
The 63rd Annual National Family Island Regatta got off to a quick start yesterday with a competitive series of “Cup” races.
