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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.”
Eugene Horton seeks another term in office as BBF president
WITH some unfinished business since moving up from first vice president to president during the middle of the past four-year term in office, Eugene Horton will be seeking another tenure at the helm of one of the country’s most fledgling sporting bodies.
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.
Atlantis hits pre-COVID cash flows with $182m
Atlantis has “stabilised” its net cash flow at pre-COVID levels by generating $182.3m for the year to end-March 2023, it was revealed yesterday, as analysts reaffirmed the credit ratings on its $1.2bn debt.
$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.