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Agreement for $100m sale of Grand Lucayan Resort
ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.
ALICIA WALLACE: No excuse for failing to disclose on time
HERE we are again. It is a familiar place. Government administrations change with some regularity, and many of the practices remain the same.
More migrants head for America rather than Bahamas
ROYAL Bahamas Defence Force Commodore Raymond King said while the RBDF has noticed an increase in illegal migrants coming to The Bahamas, there has been a noticeable shift in the number of vessels seeking to enter the United States.
TEACHER FEARS AS PRINCIPAL ATTACKED: Head of LW Young struck on head during altercation
BAHAMAS Union of Teachers President Belinda Wilson said the safety of teachers at public schools in the country continues to be a concern, insisting teachers everyday witness violence on campuses and at times have suffered physical harm.
Ayton and Suns take 3-2 lead
PHOENIX (AP) — Devin Booker scored 28 points, Deandre Ayton added 20 and the Phoenix Suns beat the Dallas Mavericks 110-80 last night to take a 3-2 lead in the Western Conference semifinals.
Reform pensions now - or elderly will be left with nothing
The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.
IMF urges Bahamas to stick to 50 percent debt ceiling
The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.
Warning as container costs to double
Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.
WNBA: Jones and Sun lose opener
GRAND Bahamian native Jonquel Jones and her Connecticut Sun suffered a heart-breaking loss to the New York Liberty as they opened their Women’s National Basketball Association 2022 season on Saturday.
EDITORIAL: Resisting temptation to break the law
THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.
Bahamas urged: Target 80% in next aviation safety audit
The Bahamas must target a “high 70s-80 percent score” on its next aviation safety audit and match the world’s best, an attorney said yesterday, adding: “We’ve made great strides in a short span of time.”
IAN FERGUSON: The advantages to buying Bahamian
The Bahamas presently imports more than $5.5bn in goods and services annually. Over 94 percent of our food is imported from the US and our other trading partners. For many years we have lamented these statistics, but have not made significant strides towards changing this reality.
$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians
The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.
Ayton and Suns take 2-0 lead
PHOENIX (AP) — Chris Paul scored 28 points, including 14 in another spectacular fourth quarter, to lead the Phoenix Suns over the Dallas Mavericks 129-109 last night for a 2-0 lead in the Western Conference semifinals.
Tavario Miller and Zane Knowles in playoffs
Two Bahamian senior men’s national basketball team players got their postseasons off to successful starts.
Celebrating nurses after battling the pandemic
GRAND Bahama nurses were praised for their resilience and contributions to global health in the last three years during the official opening of Nurses Month in Freeport on Monday.
‘Entrenched reduction?’: Bad loans down $22m
The Central Bank is “holding off” in determining whether COVID-related loan delinquencies have peaked despite a $22.4m reduction in non-performing credit during the 2022 first quarter, its governor revealed yesterday.
Sands: Poor sacrificed ‘on tax efficiency altar’
The FNM’s chairman yesterday accused the Government of driving more Bahamian families into poverty, and sacrificing them “on the altar of tax efficiency”, by refusing to eliminate VAT on medicines and breadbasket foods.
Cases dating back to 2020 add nine more COVID deaths
COVID-19 deaths have risen by nine to 798 after a woman died of the disease in early April and health officials reclassified several other deaths that took place between August 2020 and June 2021.
Fredrick King Jr commits to Bluejays
Just over one month after he reopened his recruiting process, Fredrick King Jr committed to the Creighton Bluejays and will head to the Big East to begin his collegiate basketball career.