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Investment bank grew fund by $100m during COVID-19
A Bahamian investment bank yesterday acknowledged it was among COVID's beneficiaries as one of its investment funds grew by more than $100m due to the higher returns it offered.
Digital provider seeks Out Island pay-kiosk partners
A Bahamian digital payments provider yesterday said it is rapidly expanding its network of Family Island fast-pay kiosks as requests to partner with it continue to mount.
‘Why would I kill Nassau’s quaintest hotel property?’
A Bahamas hotel proprietor last night said he would be “killing” his $500 per night core business and status as the “quaintest” property in Nassau if the complaints of nearby residents were at all valid.
Rating agencies set ‘true north’ on Bahamas reform
International credit rating agencies have set “almost a true north” for The Bahamas to reach when it comes to key economic and fiscal reforms, a governance reformer argued yesterday.
‘Jazz’ and Marlins fall in Wild Card Series opener
PHILADELPHIA (AP) — Zack Wheeler struck out eight in a sensational effort, José Alvarado preserved the lead with a pivotal strikeout and the Philadelphia Phillies opened a resolute postseason push with a 4-1 win over the Miami Marlins in the opener of their NL Wild Card Series on Tuesday night.
Bain and Grants Town Cybots win title
THE Bain and Grants Town Cybots followed up their undefeated regular season with a Bahamas Government Departmental Basketball Association (BGDBA) title win on Monday.
Jonquel Jones excited about return to the WNBA Finals with new team
AFTER playing her first six seasons in Connecticut, leading the Sun to the Women’s National Basketball Association Finals last year, Jonquel Jones is excited to be back for an encore this year albeit with her new team in the New York Liberty.
PETER YOUNG: In the short term, the country’s energy security comes first
HAVING written as recently as August in some detail in this column about climate change, I only refer to the subject again today because it has hit the news in Britain following approval last week of a new offshore oil and gas development in the North Sea called Rosebank.
FACE TO FACE: What is the measure of a man? Remembering Obie Wilchcombe
“THE ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy,” said Rev Dr Martin Luther King, Jr.
Parliament blunder on BPL regulatory ‘void’
Regulators are scrambling to fill a “void” created by Parliament in electricity sector supervision which has potentially left Bahamians at the mercy of appliance-destroying voltage and frequency fluctuations without recourse.
Moody’s backs trimmed 3% Bahamas growth projection
Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.
Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team
UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.
Events to be held across the nation for National Youth Month
THE kickstart of National Youth Month was announced by Youth, Sports, and Culture Minister Mario Bowleg on Friday.
Clubs & Societies: September 29, 2023
On Monday, September 8, the Kiwanis Club of Over-The-Hill continued its annual scholarship donation of $2,000 to BTVI’s scholarship fund. Initially, our focus was the Old Bight High School graduates and active Key Club members on Cat Island. We have since opened the scholarship to any eligible Family Island High School graduates.
Doctor’s PI expansion tied to Royal Caribbean
A Bahamian doctor yesterday revealed he aims to capitalise on Royal Caribbean's beach club by expanding to Paradise Island with his third footwear store when that project opens in 2025.
Abaco resort eyes ‘break even’ 5% rate increase
The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.
Health of Junkanoo members to be screened prior to rush
THE Ministry of Health and Wellness will play a greater role than usual in screening Junkanoo participants this year after some participants experienced severe health events in previous years, including one person who died.
Ayton traded to the Trail Blazers
Centre Deandre Ayton, who was embroiled in contract talks with the Phoenix Suns and a heated clash with former head coach Monty Williams, has been traded to Portland, becoming the second Bahamian to play for the Trail Blazers.