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OceanGate had MOU with UB but never collaborated
THE University of The Bahamas said it signed a memorandum of understanding with OceanGate, the company behind a missing submersible that has captured headlines worldwide, but never collaborated with the company on any project.
Why the silence as rape rises
Once again, I find it necessary to ask for space in your daily to voice a nagging concern. I read in the news a few days ago that crime is down, but rape is UP. That headline stood out and peaked a lot of interest and left unanswered questions for me.
IAN FERGUSON: Why small businesses must rethink bank loans
Capital is critical to any business, enabling companies to acquire the necessary resources to start up, expand and maintain operations. Access to capital is thus essential for a business to grow and succeed in a competitive market. This becomes critical for small businesses that have limited capital to begin with, yet are competing against medium and larger companies with greater economies of scale.
Rent Control ineffective for protection of tenants
The Rent Control Act (RCA) was yesterday branded out-dated and ineffective by price control officials because it only applies to real estate valued at less than $75,000.
Budget sticks to planned targets
The Ministry of Finance's top official says the strength of the 2023-2024 Budget is that its projected $131m full-year deficit target largely aligns with the forecasts unveiled just months earlier in the annual Fiscal Strategy Report.
Pintard questions Govt’s handling of cruise tax increase
Opposition leader Michael Pintard yesterday argued that new passenger taxes could cause cruise ships to seek cheaper destinations.
MISSING SUB’S LINK TO BAHAMAS: Company tested vessel in nation’s waters and partnered with university. UPDATE: Titan submersible 'likely imploded, no survivors'
3.15pm UPDATE: The Coast Guard says the Titan submersible likely imploded in the North Atlantic waters and there were no survivors among the five people aboard.
Bahamas in multi-billion blue carbon credit boost
The Bahamas yesterday received a "huge" multi-billion boost to efforts to monetise its 'blue economy' assets after a study pegged the environmental value of its seagrass beds at greater than 15 times' the country's COVID-era GDP.
Ex-minister: Health budget 'doesn't jive'
A former health minister yesterday argued that the Government's message of expanded services "doesn't jive" with 2023-2024 Budget cuts, asserting: "The numbers don't add up."
Govt's $61m surplus for quarter to March
The Government ran its third consecutive monthly fiscal surplus in March as the calendar year's traditionally revenue-rich first quarter saw revenues exceed spending by more than $60m.
NIB rate increase called 'absolute balancing act'
A senior hotelier yesterday urged the Government to be "judicious" with the size of future National Insurance Board (NIB) contribution rate increases as he described the situation as "an absolute balancing act".
Commissioner of Police pleads with court: We need to get it right
AFTER an 83-year-old woman was reportedly sexually assaulted in her home by a teenager out on bail, Police Commissioner Clayton Fernander has pleaded with the court system to “get it right”.
Pintard: Cruise lines will bear cost of tax increase
Opposition leader Michael Pintard yesterday argued that new passenger taxes could cause cruise ships to seek cheaper destinations.
19-year-old accused of sex assault of 83-year-old woman
POLICE are questioning a 19-year-old youth concerning a sexual assault incident involving an 83-year-old woman.
Gov't backed off 10-day VAT filing for large firms
The Bahamian private sector yesterday said cutting the VAT filing deadline for firms with annual turnover exceeding $5m has been "wholly rejected as unworkable" despite the Government backing off its original 10-day target.
Abaco energy woe 'worst that I can ever remember'
A prominent Abaco official says yesterday was the first day in two weeks to largely pass without a power outage as he revealed that the island's energy woes are "the worst that I can ever remember" apart from Dorian's immediate aftermath.
Cruise lines 'should do more': Departure tax hikes backed
Bahamian environmental advocates have backed the increased taxes and new levies imposed on the cruise industry as "a significant step in the right direction" to ensuring it does more to protect the very assets critical to its product.
NIB rate hikes every two years
A Cabinet minister last night warned employers and workers to brace for a series of rolling National Insurance Board (NIB) contribution rate increases every two years with the first hike to be split equally between the two.
CLICO victims urge: 'We need a new day'
The Government was yesterday urged to "make it a new day" for long-suffering CLICO (Bahamas) policyholders amid concerns that zero of the $3.8m compensation allocated in the 2022-2023 Budget has been paid out.
G-Ball Andre Rodgers National Baseball Championships back in NP
WITH the opening of the new Andre Rodgers Baseball Stadium, the Bahamas Baseball Association has decided to bring its G-Ball Andre Rodgers National Baseball Championships back to New Providence.
