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BISX fund eyeing up to $10m warehouse raise
A BISX-listed real estate yesterday said it plans to raise up to $10m within the next six months to finance development of its Carmichael Road warehouse after profits near-doubled during the 2023 first-half.
Gov’t spending reform is ‘absolute necessity’
The Opposition yesterday branded reform of government spending as an “absolute necessity” as it argued that the $804.5m increase in total expenditure compared to pre-COVID levels is “possibly unsustainable”.
Gov’t told: Avoid ‘piecemeal approach’ over tax reforms
The Opposition’s leader yesterday urged the Government to avoid “a piecemeal approach” to reform in the FNM’s response to the corporate income tax proposal, warning: “We have a very small margin for error.”
Sebas in ‘tax-free zip code’ Aeropost plan
Island Luck's co-founder yesterday said his Aeropost e-commerce platform will differentiate itself from rivals by adding freight-forwarding capabilities that employ a "tax-free zip code" to offer clients better rates.
Uriah McPhee primary school expected to open today with staggered learning
DOMINIQUE McCartney-Russell, acting director of Education, said the Uriah McPhee Primary School is expected to open today with staggered learning that will see some students return today and others next week.
$30m investment set to aid 25,000 Bahamians
Some 25,000 Bahamians and 150 small and medium-sized enterprises (SMEs) are projected to benefit from a $30m investment to unlock the country’s ‘blue economy’ potential and enhance coastal protection.
Record heat causing coral bleaching
THE record heat this summer is causing widespread coral bleaching, “killing off entire reef systems,” according to the Perry Institute for Marine Science (PIMS).
EXAMS: DROP IN STUDENTS RECEIVING A TO C GRADES – Minister says BGCSE results show ‘much work to do at all levels of the system’
THE number of students who achieved A, B and C grades in BGCSE exams this year dropped compared to 2022, with more students receiving D, E, F an G grades.
Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
No public interest in Sand Dollar
This Sand dollar thing - Central Bank says 90% of all bank accounts have a credit balance of $1,000.
Freeport hotelier backs Gov’ts push for change
A hotel operator has backed the Government’s Grand Bahama Port Authority (GBPA) stance as evidence of its “commitment to Freeport”, and asked: “When was the last time the Port Authority did a major investment?”
Jones and Liberty beat Aces 94-85
New York tightens up race for top seed in the WNBA playoffs
NEW YORK (AP) — Sabrina Ionescu scored 25 points and Breanna Stewart added 20 points, 12 rebounds and seven assists to help the New York Liberty beat the Las Vegas Aces 94-85 last night in the final regular-season meeting between the teams.
Raising ‘Freeport out of the ashes’
The Government and Grand Bahama Port Authority’s (GBPA) owners were yesterday warned the latter’s 3,000 licensees must “have a say” over any changes to its ownership and Freeport’s founding treaty.
Penalty for small amount of cannabis higher than other Caribbean countries
THE penalty for having a small amount of cannabis in The Bahamas would be higher than most countries in the Caribbean that have decriminalised the drug if the Davis administration’s proposed legislation becomes law.
Investigation into missing funds nears completion
DEPUTY Police Commissioner Leamond Deleveaux said police are 80 per cent complete with their investigation into funds allegedly misused during the small home repairs programme under the Minnis administration.
‘CANNABIS DRAFT BILL INADEQUATE’: Rastafarian community dissatisfied with location limit for religious use
THE Rastafarian community is not satisfied with the Davis administration’s proposal for legalising cannabis for religious purposes, calling the draft bills inadequate.
Taxi union chief wants 'hustlers at dock' end
The taxi union's president says the industry is seeking to shed its "hustlers at the dock" image after several drivers protested over the Nassau Cruise Port's new call-up system and police efforts to enforce it.
As dengue fever cases rise officials warn of increased risk to those previously infected
HEALTH officials said people knowingly or unknowingly infected with dengue fever during an outbreak in 2011 are at risk of serious illness if they get infected this year because of the type of virus confirmed to be in New Providence.
Volunteer Society Act passed into law
After successful readings in the House of Assembly and the Senate, Governor General CA Smith saw the Governor-General’s Volunteer Society Act 2023 codified into law on August 11.
Police make 30 arrests in GB as a result of Operation Sling Shot
Grand Bahama Police made over 30 arrests during a police operation that was successfully executed on Tuesday.