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Exuma man accused of $3,000 shopbreaking spree remanded until trial
A MAN was denied bail after being implicated in a shop-breaking spree in Exuma where he allegedly stole more than $3,000 worth of goods.
Cost rises take 30% bite out of AML Foods profits
AML Foods yesterday revealed that increased costs and inflation took a bite out of its annual profits after net income for the 12 months to end-April 2023 declined by 30 percent year-over-year.
STATESIDE: Crowded GOP presidential race may favour Trump for better or worse
The Republican Party may be repeating a mistake from 2016 as they get set for a bruising campaign to choose their nominee for 2024. By the end of this week, the field of candidates who have formally declared their intention to seek the GOP nomination for president next year will have reached ten, and could exceed a dozen by the end of this month.
FRONT PORCH: The virtue of a life-long pursuit of personal growth and wisdom
In 1941, in his early 70s, after an extraordinary career and a dozen years before his death at 84, the brilliant French artist Henri Matisse underwent surgery following a diagnosis of abdominal cancer. He was left bed- and chair-ridden. Sculpturing and painting were now too physically challenging.
$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
Moody’s: Govt must broaden revenue
Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."
Murder held accused of homicide while on bail for murder
A MAN was jailed after allegedly killing someone on bail for murder last month –– the same man he allegedly attempted to kill earlier this year.
Police files received on two Bahamians who died in Italy, more information needed
FOREIGN Affairs Minister Fred Mitchell said Italian authorities had given their Bahamian counterparts the investigative file on two Bahamian men who died suspiciously in Italy three years ago, bringing local investigators closer to a conclusion about what happened.
BTC targets Internet lead with 90% fibre coverage
The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.
Saudi oil production cuts fuel concerns of soaring prices locally at the pump
SAUDI Arabia’s plan to cut oil output is exacerbating petroleum retailers’ concerns over their current price-controlled margins regime, according to Vasco Bastian, vice president of the Bahamas Petroleum Dealers Association.
Some Parliamentarians have STILL not disclosed
SOME elected officials have still not complied with financial disclosure requirements in 2023, according to Public Disclosure Commission Chairman Bishop Victor Cooper.
Jonquel, Liberty look to bounce back after Sunday’s loss to Sky
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones and the New York Liberty will look to bounce back from this past weekend’s loss against the Chicago Sky.
Bains & Grants Town Summer Games July 24 to August 12
FOLLOWING a successful trial run last year, Member of Parliament Wayde Watson and his committee are looking forward to the hosting of their second annual Bains & Grants Town Summer Games.
PETER YOUNG: Global summits, where countries meet to establish consensus and end with compromise
It became one of Winston Churchill’s better known maxims – “Jaw, jaw is better than war, war”. Britain’s famous Second World War leader was talking about the desirability of dialogue over destruction in the conduct of relations between states. This put the lie to accusations that he was a warmonger when the evidence showed that he opposed the use of force rather than negotiation with an aggressor in order to protect his country’s interests.
PM on fuel margin: ‘There has to be balance between profitability and affordability’
PRIME Minister Phillip “Brave” Davis said his administration believes gas retailers can profit in the current business environment despite their complaints and demands for adjustments to the price-controlled margin regime.
FNM says Davis administration’s VAT deadline change placing ‘pitfalls’ in way of entrepreneurs
THE Free National Movement bashed the Davis administration for its impending change to the value added tax reporting deadline, stressing the government continues to place burden on businesses.
Gov't eyes air freight terminal outsourcing
The Government is eyeing a proposal to outsource Lynden Pindling International Airport's (LPIA) freight terminal to private sector developers and operators, it has been revealed.
BPL set for a 'maturity audit'
Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.
Haywards ready for GBPA 'sell down' to right partner
The Hayward family is willing to part with some of its Grand Bahama Port Authority (GBPA) ownership interest to aid Freeport's revival, it was revealed yesterday, but does not believe the Government should take "majority" control.
Lincoln Bain allowed appeal to Privy Council
THE Court of Appeal has granted Lincoln Bain permission to appeal its decision supporting a Supreme Court order that he repay monies on a failed investment.