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Gov't considers plan for Melia reopening

The Deputy Prime Minister yesterday said plans to re-open Cable Beach's Melia Nassau Beach Hotel are being “favourably considered” by the Government and an announcement on the property's future will be made in due course.

Briland hotelier’s ‘night and day’ $100k revenue jump

A HARBOUR Island hotelier yesterday revealed a “night and day” comparison to pre-COVID performance as revenues for May 2023 were some $100,000 up on the same month in 2019.

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Stopover tourists strike 94% pre-COVID levels

TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.

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Gas retailers ‘not gone to sleep’ on margin rise

BAHAMIAN petroleum retailers yesterday said they “haven’t gone to sleep” over their push for a margin increase but are willing to take a “sensible” phased-in approach that will not overly burden motorists and the wider economy.

Bahamas urges more agricultural financing

A Cabinet minister has urged that more financing be made available to The Bahamas and other small island developing states (SIDS) to help them combat the threat of climate change and food insecurity.

Bahamas cloud provider in Latin American expansion

A Bahamas-based cloud services provider yesterday said its planned Latin American expansion is just two years away.

Aircraft registry needs better data provision

Bahamian aviation operators are demanding the provision of better data and statistics on the industry to help with the development of an aircraft registry.

BISX-listed bank recognised on 99.57% payment accuracy

Bank of The Bahamas (BOB) says it has received the Elite Recognition Award from J.P. Morgan Chase in recognition of its 99.57 percent accuracy in payments processing.

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INSIGHT: After Watson move, are there other positions in Davis’ administration needing a shuffle?

WITH Independence almost upon us, it has been a time of taking stock – looking back over our 50 years and establishing our progress as a nation.

'Why I don't care to see Gov't takeover of GBPA'

A Bahamian investor has highlighted the contrasting treatment his project received in Nassau and Freeport to explain why he "does not care to see the Grand Bahama Port Authority (GBPA) fall into the Government's hands".

'Residents' views' delay for ex Olympian's Rose Island move project

A former Olympic swimmer's bid to obtain approvals for the expansion of his beach day excursion has been held up by the planning authorities so they can obtain the views of "nearby residents" - on sparsely populated Rose Island.

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Gov't 'examining merits' of oil explorer carbon credits

The Government is "examining the merits" of an oil explorer's proposal to gain a return on its $100m-plus investment in The Bahamas via the use of carbon credits.

Value for money query on boating fees portal

A former Association of Bahamas Marinas (ABM) president yesterday queried why taxpayers are paying $3.355m for a solution to capture boat and yacht charter fees when the private sector previously provided the same at zero cost.

What is going on at BPL?

First the government comes to the people and says we can expect to have higher bills because they paid a lot for fuel.

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DEREK SMITH: Artificial intelligence key to governance risk battle

For companies to operate ethically, comply with regulations and mitigate risks effectively, Governance, Risk and Compliance (GRC) strategies are vital.

Opposition demands BPL load shed clarity

The Opposition's leader is arguing the Government's failure to build on the Bahamas Power & Light (BPL) reform strategy that it left in place is likely responsible for the utility's renewed resumption of load shedding.

Visitor arrivals up 1m over pre-COVID peak

Visitor arrivals to The Bahamas hit 4.2m for the first five months of 2023, the deputy prime minister has disclosed, representing a one million increase compared to the same period in 2019.

EY Bahamas chief now company's regional head

The EY accounting firm has appointed its former Bahamas country managing partner to become its regional head.

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'No risk at this time' after malaria cases in US

DESPITE, recent malaria cases reported in the United States The Bahamas is not at risk of being exposed, according to a local infectious disease expert.

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Clubs & Societies June 29th, 2023

The Bahamas Maritime Cadet Corps (BMCC) has completed another very successful year of activities with a total of 97 cadets completing the programme on four separate islands.