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Tourism surge to ‘overpower’ risks to Bahamas during ‘23
Pent-up tourism demand for The Bahamas will continue to “overpower” global inflation and the threat of a US recession “through to the end of 2023 at a minimum”, the Central Bank’s governor asserted yesterday.
‘Stable footing’: Ban on new payment providers removed
The Central Bank’s governor yesterday disclosed it is lifting the near three-year bar on new entrants to the money transmission and digital payments business with the market now on “a stable footing” post-COVID.
BPL gives resorts nod to explore renewables
Bahamas Power & Light (BPL) has given the go-ahead for the resort industry to “explore” cost-cutting renewable energy options although the details remain to be agreed, a top hotelier said yesterday.
Consumers warned: Inflation yet to peak
The Central Bank’s governor yesterday warned hard-pressed Bahamian consumers that soaring inflation may not yet have peaked - although record-setting real estate demand is one area set to “normalise”.
Morgue ‘can handle’ major catastrophes after refurbishment
HEALTH Minister Dr Michael Darville said Princess Margaret Hospital’s Rand Lab has the ability to handle an influx of bodies following its recent refurbishment.
Minnis: Crime consultants failing
FORMER Prime Minister Dr Hubert Minnis yesterday criticised the Ministry of National Security’s consultants on their “ineffective” performance in helping to address the country’s crime problem, saying the workers are “receiving the people’s money” but are not producing the desired results.
Pharmacies to ‘temporarily’ close in price control revolt
The Government was last night facing an open revolt after private pharmacies were urged to “temporarily” close today due to the failure to resolve the price control expansion dispute by the November 1 deadline.
Don’t Blink Home Run Derby set
The Don’t Blink Home Run Derby In Paradise continues to introduce new initiatives and will return to a familiar venue in 2022.
THE KDK REPORT: Something in the tea
GROWING up on a remote family island with limited access to traditional western medicine led many indigenous Bahamians to find alternative natural cures for their medical ailments.
Food stores ‘expecting’ price control extension
Bahamian food stores yesterday said they “expect” the Government to extend tomorrow’s deadline to implement the major price control regime expansion if both parties are unable to reach agreement by then.
Roadworks blasted over 30% sales fall
A frustrated Bahamian auto dealer yesterday blasted the Village Road roadworks for both causing a 30 percent decline in sales and failing to resolve his decade-old sewerage problem.
‘Don’t crash private’ healthcare with NHI
A prominent doctor has warned the Government that its proposed National Health Insurance (NHI) reforms must not “crash private healthcare” and suffocate the “innovation and investment” that drives improved medical care.
Banks ‘can take more’ as debt drops $29m
Bahamian commercial banks have “significant capacity” to take on more government debt, the Ministry of Finance’s top official has asserted, after the national debt for the three months to end-September fell by $29m.
BPL meeting with hotels a ‘listening opportunity’
BAHAMAS Power and Light CEO Shevonn Cambridge said today’s meeting with hoteliers is more of a “listening opportunity”.
Retailers ‘understand’ minimum wage increase
MERCHANTS said they understand the move to increase minimum wage as it is necessary to help ease the cost of the living crisis within the country.
Doctors alarm at outsourcing plan
CONSULTANT physicians at the Princess Margaret Hospital are upset with government’s proposed plan to “outsource” care to Doctors Hospital due to ward closures and renovations.
FNM names law it says govt broke over trip to Bermuda
FREE National Movement leader Michael Pintard accused the government of violating the Public Finance Management Act when it used public money to pay for Prime Minister Philip “Brave” Davis’ controversial trip to Bermuda.
Ministry revives nursing programme
IN reviving the nursing cadet programme, the Ministry of Health and Wellness is focusing on attracting the best recruits to be added to the health system across the country.
McPhee-McCuin looks to build on last year’s success
WITH a new contract signed, Grand Bahamian Yolett McPhee-McCuin is looking forward to building on the success of last year by her University of Mississippi Lady Rebels.
Bahamians get early start in NCAA Division I
THE NCAA Division I basketball season is still days away from tip-off but several Bahamians got an early start to their 2022-23 campaigns with exhibition games.
