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Gov't: We have maturing $300m US bond 'covered'
The Government is "very confident that we have covered" the $300m external US dollar bond due to mature in mid-January 2024, its top finance official said last night.
Water Corp must pay for Mangrove Cay 'trespass'
The Water & Sewerage Corporation has been ordered to pay damages for trespass after it installed key network infrastructure for supplying Mangrove Cay on property which it did not own.
Family Island resorts eye renewable energy plans
Family Island resorts were yesterday introduced to an initiative designed to lower the upfront cost of renewable energy investments and make them more affordable.
Family Island locations 'blowing it out the water'
A senior tourism official yesterday said several Family Island destinations have been "blowing it out of the water" as the Government seeks to drive increased airlift to the destination.
Reforms to keep Bahamas off EU, OECD tax blacklists
A Cabinet minister yesterday said the latest reforms to the economic substance reporting regime are designed to remove The Bahamas from, and keep it off, tax-related blacklists.
BPL addresses Briland woes with fuel supplier
Bahamas Power & Light (BPL) yesterday said it is speaking to its supplier to ensure the fuel contamination that has disrupted Harbour Island's electricity over the past three weeks ceases.
AG: Tackling substance reporting woes is critical
The Attorney General yesterday said The Bahamas must address alleged deficiencies in its economic substance reporting regime to escape the European Union's (EU) tax blacklist.
FRONT PORCH: Christmas won’t be the same this year
EVEN at the beginning of Advent, we are already purchasing or thinking about the Christmas gifts we may want to give this year. A part of our Advent meditation and preparation for Christmas may be greater thoughtfulness about how we will celebrate the birth of Jesus Christ.
Construction’s fears on ‘bread and butter’
The Bahamian Contractors Association’s (BCA) president has voiced fears that construction’s “bread and butter” will be undermined if the declining trend in mortgage loan approvals persists.
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
President of Boxing Federation Vincent Strachan off to Congress
VINCENT Strachan, president of the Boxing Federation of the Bahamas, left town on Tuesday for the International Boxing Association Ordinary Congress in Dubai, UAE. Strachan is slated to return December 10.
Stranded passengers may get distressed rate for hotel stay
PASSENGERS who find themselves stranded at Lynden Pindling International Airport due to unexpected circumstances may be given a helping hand as part of discussions between Nassau Airport Development (NAD) and hotels.
Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
‘Junkanoo parade has outgrown Bay Street’
JUNKANOO Corporation of New Providence Chairman Dion Miller said the annual parades have outgrown their Bay Street venue –– and Youth, Sports and Culture Minister Mario Bowleg agrees.
DON’T BLINK: Stage set for baseball extravaganza this week
The stage is set for the Don’t Blink Baseball extravaganza this week. It all begins 4pm today at the Andre Rodgers Baseball Stadium with a kid’s clinic, organised by the MLBPA. Immediately following that at 7pm will be the celebrity softball game at the stadium as well.
Man allegedly robbed woman at gunpoint on Carmichael Rd
A MAN is behind bars after allegedly stealing a woman’s purse at gunpoint at a bus stop on Carmichael Road last week. Two civilians reportedly detained the suspect before police arrested him.
PETER YOUNG: Wokeness is destroying west, says Boris Johnson
He’s back. To general acclaim, whether you like him or not, ousted former British prime minister Boris Johnson has returned to his old trade by becoming a regular columnist for the UK’s mass circulation tabloid newspaper, the Daily Mail. So he has a new platform to express his views on a variety of issues and to maintain his relevance as a political figure in Britain – believing, apparently, that he still has a future in that most unforgiving of occupations.
‘No question’ Bahamians feeling $6bn visitor spend
The deputy prime minister yesterday asserted there is “no question in my mind” that all Bahamians are feeling the impact from more than $6bn in tourism spending driven by record visitor arrivals.
Cruise port targeting 5.6m visitors in 2024
The Nassau Cruise Port’s chief executive yesterday revealed it expects total passenger arrivals to grow by 27 percent in 2024 to strike a new record of 5.6m for the year.