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BPL requires $4m 'tri-fuel' investment
Bahamas Power & Light's (BPL) Wartsila engines require a further $4m investment to make them "tri-fuel ready", its chief executive said yesterday said, adding that they are not presently capable of burning three fuel types.
STATESIDE: Messi makes and impact on Miami sports with a look at Mas Canosa’s impact on Cuban-US relations
WE all know about the close ties The Bahamas maintains with South Florida. It’s hardly a secret that the legal as well as the illegal commerce between us has over many decades proven to be enduring, necessary, lucrative and quite creative. Miami-Dade County has 30 “sister city” agreements with foreign municipalities around the world, including one with The Bahamas. And one of Miami’s two “friendship city” relationships is with Barcelona which might prove to be prophetic, as we will see.
Atlantis in 25% large boat fall-off post-VAT
Atlantis has suffered a 20-25 percent fall in large vessel volumes since VAT’s imposition on charter fees, its marina dockmaster has revealed, with the decline “definitely hurting the small man” more.
Lobster fishermen face ‘bad situation all around’
Bahamian fishermen were yesterday said to be confronting “a bad situation all around’ with increasing costs and a “low-end” lobster price set to impose a profits squeeze just one week before crawfish season starts.
US: Gov’t ‘stalling’ on anti-corruption fight
The US State Department yesterday accused the Government of “stalling full implementation of anti-corruption legislation that would promote transparency and good governance” such as the Freedom of Information Act.
Roadrunners Track & Field blaze through an epic AAU
ANOTHER track and field season has come to an end with the Roadrunners Track & Field Club blazing their way through an epic performance at the annual AAU Club Championship in Orlando, Florida.
FACE TO FACE: Bahamian Diaspora Awards celebrate the story of our people around the globe
BAHAMIANS are known for leaving indelible marks wherever they go. Amazing stories of Bahamians who are excelling in various fields and making a positive impact in their communities come from every corner of the globe.
Adrian Gibson’s trial delayed after PLP Protest
THE corruption trial of Long Island MP Adrian Gibson was delayed again after a protest by Progressive Liberal Party supporters caused the judge concern about how their activity could prejudice the case.
Aruba goes home with the gold
ARUBA blanked Puerto Rico 11-0 to win the 12-and-under division of the Babe Ruth Caribbean Championship yesterday at the Baillou Hills Sporting Complex.
Leadership is key to a better future
Recent articles in The Tribune have left me wondering about what the next 50 years has in store for The Bahamas.
Reforms to boost financial services industry flexibility
Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.
Court of Appeal rejects Adrian Gibson's constitutional motion
THE Court of Appeal rejected Adrian Gibson’s latest constitutional motion on Friday, paving the way for his corruption trial to begin on Monday.
BPL: From ‘dramatic savings’ to sky-high bills in three years
Bahamas Power & Light (BPL) has gone from “dramatic savings” on its fuel costs that have been hailed by the Inter-American Development Bank (IDB) to sky-high electricity bills in just three years.
AC challenges at Justice Centre ‘being addressed’
SUPREME Court Deputy Registrar Renaldo Toote said the air-conditioning challenges that prompted workers to walk out of the Garnet Levarity Justice Centre in Grand Bahama are being addressed.
Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
BPL hikes ‘blow up’ Abaco living costs
Abaco business owners yesterday revealed their electricity costs more than doubled in just one month as Bahamas Power & Light’s (BPL) fuel cost recovery strategy consumes an ever-increasing share of corporate cash flows.
Opposition ‘to hammer’ Gov’t on BPL’s $110m
The Opposition’s leader has pledged to “continue to hammer” the Government over the accounting treatment it is using for the $110m loan advanced to Bahamas Power & Light (BPL) to pay off its fuel arrears.
BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
$700m external loan goal ‘looking very favourable’
The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.
WORLD VIEW: Haiti urgently needs a genuine and representative transitional government
HAITI’S non-elected President, Dr. Ariel Henry has been identified as a significant part of the current crisis in Haiti. Henry and a small clique, who surround him, are hardly running the affairs of the state. Indeed, as armed gangs control more than 60 per cent of Port-au-Prince and the main corridors throughout Haiti, the disappearance of the state is obvious.
