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Brookfield exploring $2.5bn Atlantis sale
Brookfield Asset Management is looking to offload the Atlantis Paradise Island Resort - with a price tag of $2.5bn attached.
Tarran Knowles captures Pro League cards in two organisations
Getting in to the gym to develop more mass as a football player has earned big dividends for Tarran Knowles, who now has the distinction of being one of two Bahamians to hold pro cards in bodybuilding in two organisations.
70 students take part in summer student employment programme offered by GBPA
MORE than 70 students took part in the Summer Student Employment Programme at the Grand Bahama Port Authority (GBPA) this year.
Tourism performance has outpaced projections according to MOT report
THE Ministry of Tourism revealed yesterday that The Bahamas has had more than five million arrivals in the first seven months of this year, predicting a visitor rate of more than eight million by the end of the year.
The BGDBA regular seasons ends, playoffs begin tomorrow night
The 2023 Bahamas Government Departmental Basketball Association (BGDBA) playoffs are scheduled to begin this Friday at the AF Adderley gymnasium.
Strong start on market for Windsor Lakes project
A Western New Providence gated development pegged at $50m has reserved one third of its lots in its first month on the market, with marketing expected to ramp up in the next month.
One Caribbean Invitational Women Fast-Pitch Softball event coming to Nassau
Softball 242 is bringing some of the women’s teams in the region to compete in the One Caribbean Invitational Women Fast-Pitch Softball Tournament.
Reserves stay ‘buoyant’ though growth reduced
The Central Bank yesterday said The Bahamas’ external reserves are set to remain “buoyant” in 2023 although June’s growth is $44.4m short of 2022’s expansion.
‘Knucklehead’ Johnson Invitational next month – Cross country invite on October 21
Bahamas men’s national 1,500 metre record holder William ‘Knucklehead’ Johnson is delighted that there will be a continuation of the cross country invitational in his honour.
THE KDK REPORT: Dire health consequences of extreme heat on the body
EVERY year, Bahamians from one end of the archipelago to the other lament the relentless broil of the summer’s heat. And this summer’s simmer has been particularly ruthless. Some of the hottest days on record occurred during July of this year with a heat index (feels like temperature) that oscillated between 105 and 115 degrees Fahrenheit. But unlike other, less tropical, locales we are often shielded from the intense heat by the shade of palm and coconut trees and cooled by the balmy breeze of our turquoise ocean.
Public school attendance is down four percentage points since last year
THE public school attendance rate is at 91 percent this year, according to Acting Education Director Dominique Russell.
Professional ‘step child’ hits $1bn permits mark
The Bahamian Contractors Association’s (BCA) president says the construction industry is still being treated like a “step child” despite data showing it is already a $1bn per year industry.
BPL Workers Union votes strongly in favour of strike
MORE than 1,000 Bahamas Electrical Workers Union members voted to strike in a ballot on Friday, resulting in a 99 percent “yes” vote unofficially, according to union president Kyle Wilson.
Undefeated Cybots beat Crimestoppers
WITH the Bahamas Government Departmental Basketball Association (BGDBA) season winding down, the undefeated Bain and Grants Town Cybots dropped the Police Crimestoppers 88-81 this past weekend.
Bahamas Youth Flag Football League ‘in-season training’
THE Bahamas Youth Flag Football League (BYFFL) season returned this past weekend at the Thomas A Robinson national stadium.
ONE ELEUTHERA FOUNDATION – The need to strengthen the trades
This week, Ministry of Education officials released concerning news about the continued decline in the Bahamas General Certificate of Secondary Education (BGCSE) national examination results.
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.