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Insurers: ‘Everyone will pay’ if storm cover unaffordable
Bahamian insurers yesterday warned that “everyone will have to pay” if hurricane coverage becomes increasingly unaffordable with the issue representing a growing public policy “dilemma” for the Government.
Spectacular debut for Red-Line Athletics in Texas
THE Red-Line Athletics’ 20-plus member team made a spectacular debut at the Texas Tech High School over the weekend in Texas.
THE KDK REPORT: A house divided
SEVERAL years ago, a palliative nurse in Australia wrote a book detailing the top five regrets of individuals on their deathbed.
EDITORIAL: All quiet over Onego Traveller recovery operation
SINCE the cargo ship the Onego Traveller sank in waters off Abaco on December 29, there has been a curious absence of information from the government about salvage and remediation efforts.
Insurer warnings over 15-20% premium hike
Bahamian households and businesses were yesterday warned insurance premiums could increase “across the board” by 15-20 percent this year as underwriters pull back from covering waterfront and Family Island risks.
Water Corp’s $84m taxpayer subsidy three times’ budget
TAXPAYER subsidies to the Water & Sewerage Corporation in 2022 hit $84m, more than three times the sum budgeted, as the state-owned utility seeks to develop a plan that makes it financially viable.
2022 mixed for Out Island resort targets
FAMILY Island resorts experienced a mixed 2022 in terms of hitting their collective targets as they closed in on a return to pre-COVID business volumes, a top tourism official has confirmed.
FTX: False statements were made to ‘diminish’ Bahamas
A former FTX senior attorney yesterday alleged that “false statements” were made in legal filings to “diminish” The Bahamas after the crypto exchange was advised this nation should be the main venue for its liquidation.
PM SETS OUT TOP THREE PRIORITIES: Economy, education and crime leading government agenda
PRIME Minister Phillip “Brave” Davis said his administration will focus on three key areas over the next 12 months: the economy, education and crime.
Sand Dollar rout Zulu Media 96-64, Cyber Tech top Mekaddish Millionaires 82-80
THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Wednesday night.
EDITORIAL: When will Village Road construction be complete?
IT seems a long time ago when we were assured that the roadworks on Village Road would be completed in time for the start of the school term. Perhaps we should have asked which school term.
Abaco MP warns of ‘boiling point’ over shanty towns
CENTRAL and South Abaco MP John Pinder said government must act now to deal with unregulated shanty towns in Abaco as the issue is about to reach a “boiling point”.
Briland resort enjoys 33% revenue surge
A Harbour Island hotelier yesterday said the Christmas holidays were “bananas as usual” with December 2022’s revenues 33 percent ahead of pre-COVID comparisons for that month.
EDITORIAL: Prime Minister presses climate change message
IT was a busy day for Prime Minister Philip “Brave” Davis yesterday.
PM presses case for climate change action
PRIME Minister Phillip “Brave” Davis said that resiliency and funding are the answers to the climate woes of the Caribbean.
Bahamas saves 25% of FTX assets from ‘dumpster fire’
FTX’s implosion was yesterday branded a “dumpster fire” as it was revealed that 25 percent of recovered international digital assets are in the Bahamian Securities Commission’s safekeeping.
Learning loss assessment starts next month
THE Ministry of Education announced the start of the learning loss assessment tests for next month in partnership with a private international learning analytics company.
$170m project must stop Exuma’s south ‘dying out’
EXUMA’S private sector says the $175m Torch Cay project is urgently needed to prevent the island’s southern end from “dying out”.
GB airport not enough for ‘diamond in rough’
A hotelier yesterday said “it’s about time” that the “diamond in the rough” which is Grand Bahama gets polished as he warned that fixing the island’s airport will not be a cure-all for its multiple challenges.
Finlaysons fail to escape $2.8m loan default liability
A prominent Bahamian businessman and his son yesterday failed to escape paying the outstanding $2.763m balance on a defaulted loan that was secured on their high-end yacht.
