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HUBERT EDWARDS: Create environment private sector ‘can sink teeth into’
There are two important points in time to reflect on. First, the 2022 Fiscal Strategy Report (FSR) emerged after the half-way point of the current fiscal year.
BISX-listed fund targets storage drive to $100m
A BISX-listed fund is entering New Providence’s warehouse and storage space market to help drive ambitions of more than doubling in scale to some $100m in assets.
Journalism giant Ed Bethel dies aged 82
VETERAN journalist Eldred “Ed” Bethel died yesterday at the age of 82.
Junior golfers are crowned champions
After picking up a second-place finish, Alex Dupuch said he just wanted to make sure he finally won his first Bahamas Golf Federation junior national golf championship title before he made his exit.
INSIGHT: RCI deal on PI is approved - but concerns remain
THE news around the approval of the Royal Caribbean project on Paradise Island has been peculiar to say the least.
Petroleum retailer: Gov’t says ‘they want us to fail’
A gas station operator yesterday suggested a six-month job swap with a Cabinet minister so the latter can gain a full understanding of the industry’s plight, adding: “He’s telling us he wants us to fail.”
Hotels strike ‘glass ceiling’ on 15-20% room shortage
The Bahamas may be unable to fully meet tourism demand for 12-18 months due to a room shortage caused by up to 15-20 percent of available inventory being taken offline, a senior hotelier has revealed.
Air arrivals 100,000 off pre-COVID in ‘22
Air arrivals to The Bahamas in 2022 fell just 100,000 short of the 1.6m received in 2019 prior to the COVID-19 pandemic that shut tourism down for much of 2020 and 2021, it was revealed yesterday.
Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
Officials pay tribute to iconic hotelier and entrepreneur George Myers
TRIBUTES were made to former hotelier and “iconic” businessman George Myers at his state recognised memorial yesterday, with Prime Minister Philip Davis and other officials praising his tremendous contributions to the tourism industry.
Sir Franklyn: Gas retailers have ‘made case for relief’
FOCOL’s chairman yesterday agreed that Bahamian petroleum retailers have “made their case for immediate relief” despite a Cabinet minister dismissing any prospect of an increase in gasoline and diesel margins.
Stopovers beat pre-COVID for first time in January ‘23
Monthly air arrivals exceeded pre-COVID figures for the first time in January 2023, a senior tourism official said yesterday, while revealing that stranded or in-transit passengers have been unable to find hotel rooms in Nassau.
BPRA says 'stay tuned' as gas retailers soon to take action
MEMBERS of the Bahamas Petroleum Retailers Association (BPRA) say they intend to soon take action to get government’s attention to their cries for a long-awaited margin increase, arguing that they can no longer afford to operate on the current margin regime due to increasing costs.
Nassau/PI resorts enjoy 112% room revenue rise
Leading Nassau/Paradise Island resorts have revealed that 2022’s room revenue more than doubled year-over-year as the industry benefited from the post-COVID travel rebound.
Teen pleads guilty, fined $1000 for theft of auto
AN 18-year-old was fined $1,000 yesterday after he admitted to stealing a woman’s car.
Bahamas Football Association regular season heats up
THE Bahamas Football Association continued its regular season action this week at the Roscoe Davies Developmental Center.
NPBA: Rockets, Rebels in win column
THE Discount Distributors Liquors Rockets and the Rebels emerged as winners of the New Providence Basketball Association’s double header at the AF Adderley Gymnasium held on Monday night.
January tourists beat 2019 arrivals by 33%
The Deputy Prime Minister yesterday said January 2023’s tourism arrivals were some 210,000 ahead of comparatives from 2019’s “banner year” as The Bahamas bids to “meet or exceed” 20 percent growth targets.
January visitor numbers up 166 percent over last year’s figures
NEARLY one million visitors arrived in The Bahamas in January, representing a 166 percent increase when compared to the same period last year, Tourism Minister Chester Cooper revealed in the House of Assembly yesterday.
