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Investments Minister: Bahamas ‘in a mess by many measures’
A Cabinet Minister yesterday conceded that the Bahamas was “in a mess by many measures”, and warned that painful “radical surgery” was necessary to haul both the economy and society back on the right path.
Cheetahs stop Operators 82-72, Truckers down Queens 80-70
PHILICIA Kelly had one memorable outing for the Career Builders Lady Cheetahs and the Johnson’s Lady Truckers had one weapon too many to stop as the two teams came up big on the New Providence Women’s Basketball Association’s (NPWBA) opening night.
VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
Insurer’s $80m Matthew payout 20% off forecast
A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.
Coral farm ‘showcase’ eyes 1m annual target
The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.
NHI $1,000 cost 'not pulled from out of thin air'
THE National Health Insurance Authority’s (NHIA) chairman yesterday defended the $1,000 premium costing for its basic package, arguing it had not been “pulled out of thin air”.
BTC to 'radically attack' Cable on TV, Internet hold
The Bahamas Telecommunications Company (BTC) is planning to “radically attack” Cable Bahamas’ internet and TV dominance, having slashed new subscriber waiting time by 80 percent.
Auto dealers strike 10% 'convert' return
Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.
Exuma real estate in '80-100% improvement'
Exuma has seen a “tremendous 80-100 per cent improvement” in its waterfront real estate market over the past two years, with a leading broker urging the Government to extend the duty-free building materials exemption for another year.
Bahamasair to spend $9.3m on aircraft maintenance
BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.
Masters Softball Association action off to a flying start
FORGET about the late opening because play in the Masters Softball Association is off to a flying start nonetheless.
Ayton helps Wildcats secure 88-82 win over Crimson Tide
THE Arizona Wildcats were locked into another close game down the stretch when they turned to their freshman phenom to deliver in the clutch. DeAndre Ayton made a pair of jumpers on consecutive possessions to help the Wildcats pull away for an 88-82 win over the Alabama Crimson Tide at the McKale Center in Tuscon, Arizona, on Saturday.
Lowering the prostate cancer risk
The World Health Organisation (WHO) has registered that 200 Bahamian men were diagnosed with prostate cancer in 2018, and that number is likely underestimated, as several Bahamian men seek prostate cancer screening and treatment abroad and they are often not captured in local statistics. WHO data showed that 249 men died of cancer in the Bahamas in 2018 and 80 of those men died of prostate cancer.
Lowering the prostate cancer risk
The World Health Organisation (WHO) has registered that 200 Bahamian men were diagnosed with prostate cancer in 2018, and that number is likely underestimated, as several Bahamian men seek prostate cancer screening and treatment abroad and they are often not captured in local statistics. WHO data showed that 249 men died of cancer in the Bahamas in 2018 and 80 of those men died of prostate cancer.
Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
Doctors fear ‘minimum’ 25% cost rise with NHI
Doctors fear the Bahamas will be left with “a dysfunctional health system” if the Government forges ahead with National Health Insurance (NHI), as the current model is plagued by funding shortfalls and threatens to increase their costs by “a minimum” 25 per cent.
Govt in ‘back handed’ Hawksbill change move
A prominent QC yesterday agreed that the Government’s call for Freeport businesses to seek renewal of their tax breaks was a “back handed” attempt to amend the Hawksbill Creek Agreement, with the move representing “the worst formula for business”.
Insurer 'praying' Abaco 90% paid in six months
A top Bahamian insurer was yesterday “praying” that 90 percent of Abaco’s Dorian-related claims will be paid out within the next six months given the scale of the island’s devastation. Anton Saunders, RoyalStar Assurance’s managing director, told Tr
Web shops: Tax rises attempt to seize industry
The government has been accused of trying to seize control of the web shop industry through tax increases that will “decimate” all operators and 3,000 jobs in less than a year.The Bahamas Gaming Operators Association, in a furious post-budget counter
‘Only one service calling at Freeport Container Port comes from South Africa’
OF THE 75 to 80 vessels calling monthly at the Freeport Container Port, only one service comes out of South Africa, representatives of international health organisations and the Ebola Task Force were told by port officials during their weekend tour of the transshipment facility to observe safety protocols.
