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STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas
Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.
Jonquel’s ‘marathon season’ ends in FIBA WCup quarters
A marathon season for Jonquel Jones came to an end in the quarterfinals of the FIBA World Cup in Sydney, Australia.
IAN FERGUSON: The human touch in small business
More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
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.
‘Increased criminality’ drove 6% suspect reporting growth
THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.
Stephen Sears Jr and X-Men remain undefeated in the AUS
STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.
Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
Just two diseases cost taxpayer $35m
Just two diseases consume more than one out of every six dollars in the Government’s annual health budget, it was revealed yesterday, with its public clinics facing an “extraordinary requirement for improvement”.
COVID-19 controls ‘saved’ $900m external reserves
The Bahamas’ capital controls saved “around” $900m in external reserves at COVID’s peak, an economic researcher has estimated, while also helping to lower the Government’s annual interest burden by 2.5 percent of GDP.
Hurricane Ian could bring heavy rainfall
THE National Emergency Management Agency continues to closely monitor the track of Hurricane Ian which forecasters anticipate could bring heavy rainfall to the northwest Bahamas.
Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
Marlins sweep Titans, make it to finals
ACE pitcher Thomas Davis liked what he saw from his Sigma Blue Marlins as they swept aside the Atlantis Titans in two straight games to advance to the New Providence Softball Association men’s championship series.
New asphalt plant commissioned
WORKS and Utilities Minister Alfred Sears commissioned a production facility, the Astec Double Barrel Six Pack Asphalt Plant, on Friday.
‘Let businesses set own rules over mask rules for customers’
GROCERY store managers said yesterday that while they support the lifting of the country’s mask mandate, they also believe businesses should be allowed to set their own mask wearing rules for customers.
Second murder in two days
POLICE are investigating a second homicide in as many days after a man was shot dead yesterday morning off Hamster Road.
PM seeks to cut debt to 50% of GDP this term
PRIME Minister Philip “Brave” Davis says his goal is to reduce the country’s debt to gross domestic product ratio from 82 percent to at least 50 percent by the end of this term.
PART I: Small island, huge impact - historical facts and truths about Taiwan
US House Speaker Nancy Pelosi’s recent visit to Taiwan was provocative, reckless and dangerous. The visit, which was the culmination of misguided US moves to challenge China’s core national interests, left the political foundations of China-US relations shaken and drew an expectedly strong reaction from China.
STATESIDE: Biden’s age, inflation and immigration record to be tested
POLITICIANS are quite comfortable lobbing verbal grenades at an incumbent president of the opposing party, and the current crop of Republican office holders and job seekers is no different. In the steady, numbing drumbeat of GOP criticisms of Joe Biden and his administration, the loudest seems to be about his age.
Bahamas among countries at risk of polio outbreak
THE PAN American Health Organization has warned that 12 countries in the region, including The Bahamas, are considered to be at high or very high risk of experiencing a polio outbreak.
