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Fiscal year finish is ‘critical platform’ for 78% deficit cut

The Ministry of Finance's top official yesterday said the Government's financial performance over the next two months is "critical" to setting the foundation for a 2023-2024 fiscal year in which the deficit is forecast to be cut by 78 percent.

Promotion Board in 67% website visitor increase

The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.

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ONE ELEUTHERA FOUNDATION: Unlocking the power of corporate social responsibility

IN today’s interconnected world, companies are increasingly expected to be socially responsible and accountable for how their practices impact society and the environment. Corporate Social Responsibility (CSR) refers to the concept that a business is responsible for more than just creating value and wealth for shareholders but should also seek to benefit the broader community in which it exists.

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Investor forum puts Grand Bahama in the spotlight

THE eyes of the world are on The Bahamas when it comes to investment and conservation, a conference in Grand Bahama heard this week.

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Illegal construction fight has been 'a rank failure'

The Bahamian Contractors Association's (BCA) president yesterday said builders are asking "why should we follow the law" following the country's "rank failure to manage the built environment".

Bahamas trade deficit up $325m at five-year high

The Bahamas' trade deficit expanded by $314.6m or 10.7 percent during 2022 to hit a five-year high of $3.254bn, it was reveled yesterday, as inflation and higher global oil prices caused import costs to soar.

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GB Power solar rates '30% below Caribbean'

Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.

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Govt to remove shanty homes via building regulations act

ATTORNEY General Ryan Pinder said the Davis administration would demolish shanty town structures using the process outlined in the Buildings Regulation Act after the Supreme Court failed to deliver a favourable result to the government last week.

Restaurant crowdfunder targeting $2.4m in sales

A restaurant entrepreneur yesterday said he is targeting $2.4m in total sales for 2023 as he mulls opening a third location on Carmichael Road.

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WORLD VIEW: Objective journalism threatened by fake content and false media platforms

MEDIA freedom in the Americas, from Canada in the North to Argentina in the South, with the Caribbean in between, did not rank very well in the 2023 World Press Freedom (WPF) Index.

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We are the champions

THE sixth edition of the Noble Preparatory Academy’s (NPA) spring classic basketball tournament saw four new champions crowned.

'Improve service quality before rolling out 5G'

Bahamian businesses and consumers want their communications providers to first focus on improving the quality and reliability of existing services before exploring the introduction of 5G (fifth generation) technology.

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FNM Deputy hits out at amendment to security branch members' medical insurance policy

FREE National Movement Deputy Leader Shanendon Cartwright called government’s amendment to the medical insurance policy for security branch members “disgraceful and heartless”.

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'Real life consequences': Fidelity's $560k Moody's hit

The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.

EDITORIAL: Court ruling shows up process flaws

THE government has won the right to demolish a grand total of two shanty town homes. Two. Not two hundred. Not two thousand. Just two.

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SHANTY WIN - BUT FOR JUST TWO HOMES: OAG sought demolition for more than 260 shanty sites in Nassau and Abaco

CHIEF Justice Ian Winder ordered the demolition of shanty town structures belonging to just two people in The Bahamas yesterday, far fewer than the government had sought.

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AML loses receiver bid over attorney's assets

An attorney and grandson of Sir Milo Butler has successfully fought-off a BISX-listed retail group's bid to appoint a receiver over his 25 percent interest in the family's trust.

Why we need Freedom of the Press

ON December 17, 1986, journalist Guillermo Cano Isaza was assassinated in front of the offices of his newspaper, El Espectador, in my home country of Colombia. He was targeted because of the news stories he was pursuing as a journalist.

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NIB ordered: Pay ex-chief seven years of pensions

The National Insurance Board (NIB) has been ordered to pay a former director almost seven years’ worth of pension benefts after losing a legal battle over her due retirement entitlement.

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Tennis ace Kevin Major Jr falls in Battle of Boca final

KEVIN Major Jr, playing in his last tourney of the month in a series of “Battle of Boca” tournaments held every weekend, fell short in the final yesterday in Boca Raton, Florida.