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Deflation in the East
ActivTrades
Everyone in The Bahamas is feeling the rising cost of goods, energy and transportation. No matter if you visit the food store, turn on your AC or fuel up your car, you are paying more for these necessities than compared to the previous year. But the inflation rate in the islands is decreasing, and went down from 3.1 percent to 2.3 percent when compared to last year.
$1,000 fine for stealing motorcycle
A MAN was fined $1,000 after admitting to stealing a motorcycle last week.
DIANE PHILLIPS: Amazing success stories of Romer Street, Fox Hill
THERE’S a tree-lined street in the historic neighbourhood of Fox Hill that is much like many tree-lined streets in Nassau. Tall sapodilla trees with outstretched limbs nestle kids who climb them to pick the sweet, brown-skinned fruit. Youngsters who scramble up the tree know if they do not get to the season’s offerings first, the limbs will unburden themselves of the heavy load and once a dilly falls from high up it will splat on the ground, spilling the sticky filling and dark seeds.
Romer defends criticism that Bahamians are not benefitting from increase in cruise visitors
DESPITE recent criticism that Bahamians are not benefitting from this year’s increase in cruise ship passenger arrivals, Dr Kenneth Romer, deputy director general of the Bahamas Ministry of Tourism and Aviation, said yesterday this is not what he has seen.
Parking ‘satisfied’: Wynn penthouse project is go
The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.
Sam Bankman-Fried ‘wants to be heard’ in FTX Bahamas wind-up
FTX’s founder says he “wishes to be heard” at today’s Supreme Court hearing on the winding-up petition intended to place the crypto exchange’s Bahamian subsidiary into full liquidation.
Gov’t denies BPL $5 late fee plans
The Government yesterday said it has “no intention of allowing Bahamas Power & Light” to impose an extra $5 charge on late-paying consumers and further burden struggling households.
Lynes says she is ‘more than qualified’ to be chairman
PLP deputy chair Robyn Lynes says she is more than qualified for the position of party chairman despite the Prime Minister’s recent comments that he doesn’t support her candidacy for the role.
TOP EXEC’S DAUGHTER GOT WSC CONTRACT: New revelation about current chief emerges in Adrian Gibson trial
ADRIAN Gibson’s corruption trial began yesterday with Water and Sewerage Corporation (WSC) executive chairman Sylvanus Petty admitting under cross-examination that his daughter had a contract with the company.
GSSSA Volleyball Finals: Three teams win titles
THREE teams can now revel in championship glory after winning the titles in the junior and senior divisions of the Government Secondary Schools Sports Association (GSSSA) volleyball championships yesterday at the Kendal GL Isaacs Gymnasium.
Bahamas Water Polo team off to CARIFTA
WITH a chance to compete with some additional teams from the Florida area, the Bahamas will join three other teams from the Caribbean to participate in the 2023 Under-14 Co-Ed CARIFTA Water Polo Championships.
‘Buddy’ Hield scores 11 points in win over Giannis and Bucks
INDIANAPOLIS (AP) — Giannis Antetokounmpo scored an NBA season-high 54 points, but committed two turnovers after Tyrese Haliburton’s go-ahead 3-pointer with 1:29 left and the Indiana Pacers beat the Milwaukee Bucks 126-124 last night.
Water Corp ‘pursuing’ capital works finance
The Water and Sewerage Corporation plans to pursue loan and financing programmes to fund capital works throughout The Bahamas after completing its corporate business plan, it was revealed yesterday.
Water Corp unveils AI leaks detection
The Water and Sewerage Corporation yesterday unveiled artificial intelligence (AI) technology that it plans to deploy to detect leaks.
FRONT PORCH: A national lottery can help Bahamians in countless ways
IN our 50th year of independence, the national debt remains a source of deep concern, with state resources stretched across our archipelago. The country remains at risk of downgrade from various rating agencies. The debt will worsen with the next major hurricane, pandemic and/or financial crisis.
EDITORIAL: BPL albatross around govt’s neck
BAHAMAS Power and Light may just be the albatross around the neck of this government.
UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
Bahamasair in pilot retirement age rise over shortage fear
Bahamasair is seeking to raise its pilot retirement age to 65 amid fears it faces an imminent shortage of experienced captains with eight passing through the ‘departure gate’ since 2022.
BPL too often ‘holding the bag’ for developers
Bahamas Power & Light (BPL) is seeking a more “equitable” contribution from developers that need it to provide additional generation capacity for their projects, its chief executive revealed yesterday.
Traffic diversions for Official Funeral Service for Dr Michael Perry Gomez CB, OBE
The Traffic Division of the Royal Bahamas Police Force wishes to advise the general public of temporary road closures on Tuesday 14th November, 2023, to facilitate the funeral service for Dr Michael Perry Gomez, CB, OBE, former President of the Medical Association of the Bahamas and Cabinet Minister.
