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Tourism executives meet police on security issues

THE Bahamas Hotel and Tourism Association (BHTA) and the Downtown Nassau Partnership (DNP) met with officers at downtown’s Tourism Police Station to discuss security issues.Representatives from the two organisations met with Superintendent Anthony Ro

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Shipyard to donation helps marching band

THANKS to a donation from the Grand Bahama Shipyard, the Grand Bahama Legends Marching Band can now fund their much-awaited trip to Sanford, Florida.

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UPDATED: Sol Kerzner dies age 84, PM pays tribute to ‘pioneer in the resort industry’

Hotel tycoon, business magnate and Atlantis developer Sol Kerzner has died age 84.

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20 years to repay bailout

BAHAMAS Power and Light customers will pay for the company’s rate reduction bond for the next 20 years to bail-out the company – but the highest increase in electricity bills is only expected to last through 2020, according to Works Minister Desmond Bannister.

We should not go cashless

Glad to see at least one Minister, Fred Mitchell is openly against cashless society... we, all those that totally disagree with the cashless stupidity, are supported that recent Central Bank stats indicate in a quarter the ‘wallets of these digital things’ the deposits in them decreased - dropped by over $31m. Seems the consumers are saying... be gone!

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90 new COVID-19 cases, five deaths and five deaths under investigation reported on Friday

The MInistry of Health reported that there were 90 new COVID-19 cases, five additional deaths and five deaths under investigation on Friday.

Sports notes

THE top scorer in Financial Bowling League competition last night was Dwayne Ingraham of Best Deal Kirki Bar with a 533 high three game set. Runner-up MVP was Kevin B Williams of Strike Force with a 201 high game and a 528 second high set.Rashad McCardy of Davis & Co Moonlight Strikers downed the pins for a respectable 198 second high game.

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05272016 Edition

Friday, May 27th.

Venture fund sees loan repayments drop 16%

The Government-sponsored venture capital fund has seen loan repayment sums fall by up to 16 percent due to the COVID-19 pandemic's devastating impact on clients who received debt financing.

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Chisholm hits his first home run in the majors

Jasrado “Jazz” Chisholm was searching for a breakthrough at the plate and it finally came in the first at bat of last night’s series finale against the Atlanta Braves.

Realtors turn out for $100m development

The Bahamian real estate industry turned out in force last week for Palm Cay’s reception for its $100m One Marina project, which features 84 luxury condos overlooking a marina.“Inventory is always a major concern for real estate agents and brokers, s

Minor leaguer Chisholm promoted to Single A-Advanced

IT has been a week of highlights for Bahamian minor league baseball players featuring promotions and career days at the plate for several players.Jazz Chisholm was promoted to Single A-Advanced and Anferee Seymour made a successful return from the di

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Regulators level NPBA series with 96-74 rout of Cybots

THE back and forth battle between the Mail Boat Cybots and Mr Ship It Freight Regulators continued over the weekend and set the stage for game five in their best-of-seven series in the NPBA Division I.

Fear and loathing in the Bahamas

AN OFTEN overused term in political and legal spheres is that “justice must satisfy the appearance of justice”. Just as critical as the need for the courts to appear to be free from political impunity, the police must also appear to be fair and transparent in its administration of the law. Both play a critical role in maintaining law and order and in fostering respect for law and order - an interdependent cycle.

Tourism ‘subdued’; LPIA departures decline 3.6%

The Central Bank yesterday identified a mixed outlook for the Bahamian economy, with increased domestic demand offset by a “subdued” tourism performance that saw air departures shrink by 3.6 per cent.

Contractors hope for early ‘16 regulation

The Bahamian Contractors Association’s (BCA) president yesterday said he was hopeful that long-awaited legislation to regulate the sector could become law as early as Spring 2016, with the private sector backing “95 per cent” of its contents.

SPORTS NOTES

The Bahamas Gymnastics Parent Booster Club will join in the World Gymnastics Day Saturday, September 17 by hosting a fun run/walk fitness race. The event will start at 7am from Goodman’s Bay to Arawak Cay and return to Goodman’s Bay.

Nassau/PI resorts in booking rebound

Bahamian resorts say they have already begun to see bookings rebound post Hurricane Irma, with one executive predicting an even bigger boost as travellers re-book.Ed Fields, Atlantis’s senior vice-president of public relations, told Tribune Business:

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Renewable fear over BPL bond

A union leader has voiced fears that Bahamas Power & Light (BPL) will be unable to meet repayments on its $580m bond as its largest, wealthiest customers race to adopt renewable energy.

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Bahamas sees $900m boost from marine areas expansion

The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.