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Atlantis beats revenue goals, targets ‘strong’ 2023 first half
Atlantis continues to beat its revenue targets and is predicting a strong 2023 first half, a senior executive has revealed, with the wider resort industry bracing for 90 percent-plus occupancies over the Christmas and New Year period.
5th ‘Best of the Best Regatta’ winners are Susan Chase V, Running Tide, Captain Peg, Sassie Sue
THE fifth Best of the Best Regatta returned to Montagu for the first time in two years featuring the top sloop sailors in the island nation.
‘Headroom for growth’: Tourism forecast to hit regional average
A senior hotelier yesterday said The Bahamas “still has some headroom for tourism growth” post-COVID amid forecasts its annual expansion rate will merely match the Caribbean average for the next decade.
WORLD VIEW: Higher cost of living demands competent governments
THROUGHOUT the world, people and their governments and Central Banks are worrying about inflation, or the rate of increase in the cost of living. In many countries, this concern about the cost of living has become a prime consideration in general elections because electorates want competent governments in whose hands they commit their expectations.
Bad Santa
ActivTrades
THE mother of all consumer battles is over, and Apple is one of the winners. Americans shopped online for a record $11bn on Cyber Monday, and AirPods and MacBooks were very popular.
Countdown to Junkanoo begins as new season is launched
YOUTH, Sports, and Culture Minister Mario Bowleg officially launched the start of the 2022/23 Junkanoo season after a two-year hiatus due to the COVID-19 pandemic.
Regulator warned 127 on financial crime compliance
Bahamian regulators issued warnings to 127 law and real estate firms over non-compliance with anti-financial crime mandates while giving this nation’s $306m-plus residential real estate sales a clean bill of health.
Cruise port targeting 4.5m arrivals in 2024
Nassau Cruise Port’s top executive yesterday predicted that the facility will receive around 4.5m passengers in 2024, representing around a 12.5 percent increase on arrivals projected for the upcoming year.
$4m AML store opening to bring Freeport ‘rebirth’
AML opened the doors to its new $4m Solomon’s food store in the Winn Building yesterday, signalling the long-awaited rebirth of downtown Freeport for many Grand Bahamians.
IAN FERGUSON: Exploit public relations to drive customer traffic
Clarity is critical in all kinds of business communications, yet can be difficult to achieve. Unlike paid marketing programmes such as advertising, public relations is focused on earned media and can take advantage of unpaid communications channels. Public relations is about managing perceptions, namely how people think about your business.
Taxi union says minister is missing in action
WESLEY Ferguson, president of the Bahamas Taxi Cab Union, said yesterday that union members are still awaiting correspondence from the Ministry of Transport and Housing on the issue of the regulation of taxi plates.
CIBC’s New Year halt to in-branch payments
CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.
Lightbourne and Dames lead Blue Devils to win over ranked team
BRADLEY Lightbourne, Joshua Dames and their Kansas City Kansas Community College Blue Devils continue to play one of the most difficult schedules in JuCo basketball and defeated their second ranked team of the young season.
Central Bank holding steady as reserves drawdown gains pace
The Central Bank yesterday maintained its prediction that The Bahamas’ external reserves will end 2022 ahead of prior year levels even though October’s decline exceeded 2021 by some $58.3m.
Deyton Albury and Paul Greene help Chipola move up in NJCAA rankings
DEYTON Albury and Paul Greene continue to lead Chipola’s ascent up the national rankings while Emmanuel Alexandre and Colin Storr’s production continue to lead the group of Bahamians at Northeast Community College.
Miller Jr, Harvey win tournaments on Thanksgiving
AHMARD Harvey and Franco Miller Jr saw their respective programmes win early season tournaments over the Thanksgiving holiday weekend.
Hurricane Hole Superyacht Marina opened
STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.
Man ‘should serve 12 years’ for repeated sex offences
A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.
STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison
JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”
BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
