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Eric Wiberg: A beacon that saved lives of pilots
WHEN the 112-foot Castle Island Light off Acklins was operational, it was a critically important beacon that three World War Two bombers crash-landed near in order to be rescued.
Licensee fury: Freeport ‘moving at snail’s pace’
Freeport’s ease of doing business is “moving at a snail’s pace”, a group of Grand Bahama Port Authority (GBPA) licensees warned yesterday, as they blasted both the Government and city’s authority for the escalating row over its governance.
Licensees want say in GB future
An Open Letter to the Prime Minister of the Commonwealth of The Bahamas & The Principals of the Grand Bahama Port Authority:
BPL infrastructure long 'beyond its useful life'
A Cabinet minister yesterday said Bahamians are demanding that Bahamas Power & Light (BPL) provide "quality service" using energy infrastructure that has long since aged "beyond its useful life".
Gov’t allocates $10m for land compensation
The Government has set aside $10m to pay compensation that is "many, many years overdue" to Bahamians whose land was compulsorily acquired for roads and other projects deemed in the public interest.
Tourism reaps double digit summer growth
A senior hotelier yesterday asserted that the industry’s “greatest growth opportunity” lies in increasing room inventory with summer rates and occupancies ahead of 2022 comparatives by double digits.
Businesses call for rapid transition to renewables
Bahamian businesses yesterday called for a more rapid transition to solar and other forms of renewable energy after Bahamas Power & Light (BPL) confirmed that it has resumed load shedding.
Civil service's $55.7m rise critical productivity booster
A Cabinet minister yesterday defended the $55.7m increase in public sector worker compensation during the first nine months of the 2022-2023 fiscal year as essential to boosting morale and productivity.
US Department of State Report: Bahamas meets fiscal transparency requirements
For the first time in five years, The Bahamas is among some 70 countries that have met fiscal transparency requirements, according to a US Department of State 2023 Fiscal Transparency Report on public financial management accountability.
Almost 1m referrals to Nassau/PI hotels
A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.
Royal Caribbean: PI project aims to retain profits locally
A senior Royal Caribbean executive yesterday pledged that a key objective of its $100m Paradise Island project is to have the bulk of revenues and profits generated remain in The Bahamas.
Gov't already rejecting work permit renewals
A Cabinet minister yesterday said the Government has already begun rejecting work permit renewal applications for expatriates who have received approvals “consecutively” for the past 10 years or more.
Baseball player Mateo Ferguson on the rise
MATEO Ferguson, a product of Fox Hill who got started playing baseball at the age of 12, is still relishing the fact that his decision not to go to the professional ranks has paid off with his success as a member of the Florida Memorial University Lions,
FACE TO FACE: Reflecting on Independence, remembering George Smith
WHEN George A Smith passed away on May 26, it was a poignant moment in time. The end of one era is at hand, and the dawning of a new era is taking place right before our eyes.
Davis: GBPA ‘needs a management and governance change’
PRIME Minister Philip “Brave” Davis said he believes new management is needed at the Grand Bahama Port Authority to facilitate Freeport’s growth because the “status quo” is not working.
PM says Gov't on pace to hit balanced Budget
The Prime Minister yesterday asserted that the Government remains on track to achieve a fiscal surplus and balanced Budget in 2024-2025, adding: "Revenues will continue to go up, and deficits will continue to go down."
'Most Bahamians can't evade their tax liability'
The Prime Minister yesterday reassured that the Government's real property enforcement efforts are targeted at foreign homeowners and businesses rather than Bahamian families.
Work permit crackdown promise is 'empty words'
The Bahamian Contractors Association's (BCA) president yesterday branded as "empty words" the Prime Minister’s latest promise of a work permit crackdown and said he will believe it when he sees it.
Taxi chief: Fare raise was all about respect
The Bahamas Taxi Cab Union's (BTCU) president yesterday said that while the industry initially wanted a 25 percent fare increase it ultimately settled for 10 percent because “drivers are making money”.
Private sector mixed on jobless reduction
Bahamian businesses yesterday gave mixed views over recent unemployment data which revealed that, while the jobless rate declined to 8.8 percent, both the workforce's size and number of persons employed shrank.
