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Bahamas on track, but ‘slow spending faster’
The Bahamas must produce “a faster slowdown on spending” to ensure it hits the revised $575.4m full-year deficit target and other key fiscal goals, a major international financial services group is urging.
CR Walker Knights win seventh straight GSSSA championship
The C.R. Walker Knights brought home their seventh straight Government Secondary Schools Sports Association (GSSSA) track and field championship.
Athletes on track overseas
THE National Collegiate Athletic Association’s 2023 Indoor Track and Field Championship in Albuquerque, Minnesota over the weekend turned out to be a specular show for Grand Bahamian sprinter Terrance Jones and versatile Charisma Taylor from New Providence.
BAARK! for 10th Annual Powerade Potcakeman Triathlon
BAARK! - Bahamas Alliance for Animal Rights and Kindness - completed its 10th Annual Powerade Potcakeman Triathlon on March 5 and it was a resounding success.
DEREK SMITH: Silicon Valley Bank’s failure shows risk management key
As a governance, risk and compliance professional, I must emphasise the importance of establishing a solid risk management framework to protect against possible catastrophic corporate failures. The current business environment is constantly evolving, and new risks are emerging. Therefore, adopting a robust risk management strategy is essential to protecting businesses from future uncertainties.
Air arrivals 100,000 off pre-COVID in ‘22
Air arrivals to The Bahamas in 2022 fell just 100,000 short of the 1.6m received in 2019 prior to the COVID-19 pandemic that shut tourism down for much of 2020 and 2021, it was revealed yesterday.
Donna Vasyli 'plans to spend time with her family' after acquittal
AFTER being acquitted of the murder of her husband after a more than five-year long court battle, Donna Vasyli plans to spend time with her family before deciding what she wants to do with her life, according to one of her attorneys.
Clubs and Societies
THE Bahamas Red Cross Society Annual Fair is back. After three years of not being able to hold this popular Bahamian tradition, the 79th Annual Red Cross Fair will celebrate in unison with the country as the country celebrates its 50th anniversary of Independence.
Room capacity challenges as tourism numbers grow
TOURISM numbers are looking very promising ahead of spring break, according to Ministry of Tourism deputy director general Dr Kenneth Romer, who cited room capacity as a major challenge because of high hotel occupancy levels.
Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
Stopovers beat pre-COVID for first time in January ‘23
Monthly air arrivals exceeded pre-COVID figures for the first time in January 2023, a senior tourism official said yesterday, while revealing that stranded or in-transit passengers have been unable to find hotel rooms in Nassau.
Economic optimism ‘should be tempered with discipline’ says Halkitis
WHILE acknowledging the increase in government revenue, Economic Affairs Minister Michael Halkitis said optimism in the country’s economic growth should be tempered with discipline.
Chinese Embassy counters US claims (Updated with US statement)
THE CHINESE Embassy in The Bahamas has countered claims over the size of its embassy in the nation – and about its mission in The Bahamas.
DONNA VASYLI IS ACQUITTED: Jury clears Australian accused of murdering husband in Old Fort Bay
DONNA Vasyli was said to be “overwhelmed with joy” after she was acquitted of murder last night in the retrial for the 2015 stabbing death of her millionaire podiatrist husband Philip Vasyli.
Bail set at $2,000 for injuring woman
A MAN was granted $2,000 bail in court yesterday after being accused of injuring a woman last week.
Nassau/PI resorts enjoy 112% room revenue rise
Leading Nassau/Paradise Island resorts have revealed that 2022’s room revenue more than doubled year-over-year as the industry benefited from the post-COVID travel rebound.
Raptors, Knights in lead after day 1
GSSSA TRACK & FIELD CHAMPIONSHIPS
Day one of the Government Secondary Schools Sports Association (GSSSA) Track and Field Championships ended with the C.H. Reeves Raptors and C.R. Walker Knights ahead of their respective divisions.
UPDATED: Bahamians to gain 49% stake in Royal Caribbean PI project
The Government last night said it has approved Royal Caribbean’s $110m Paradise Island beach club project after negotiating greater Bahamian ownership and entrepreneurial participation in the development.
Spin and more spin
Since September 2021 we have witnessed an extraordinary level of political spin… the vocabulary we hear has gone way beyond normal understandable level and spin… have to ask how can a dual carriage-way have resilience?