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Forecast 78% deficit slash 'significant ask'
Achieving current projections of a 78 percent year-over-year cut in the Government's fiscal deficit will be "a significant ask" based on existing trends, a governance reformer warned ahead of today's 2023-2024 Budget.
Businesses awaiting Budget with 'anxiety'
Bahamian business owners yesterday admitted to feeling "some anxiety" over today's Budget as the Davis administration was urged to prioritise ease of doing business reforms to generate faster economic growth.
FTX chief’s fate lies in Bahamas’ hands
THE FATE of embattled FTX chief, Sam Bankman-Fried, rests in The Bahamas’ hands in determining how many criminal charges he will ultimately face over the crypto exchange’s multi-billion dollar implosion, it was revealed yesterday.
Port Authority wrangling 'not needed' by Freeport
The Grand Bahama Chamber of Commerce's president yesterday said the recent political back and forth over the Grand Bahama Port Authority's (GBPA) ownership and future is not helping Freeport.
Half of Royal Caribbean's PI investment on site clean-up
A senior Royal Caribbean executive yesterday disclosed around half the investment in its Paradise Island project will be spent on cleaning and restoring much of the 17-acre prior to construction starting.
Ras Delancy named Player of the Year
Ras Jesse Delancy, in completing his sophomore year at Benedict College, added another feather to his cap when he was selected last week as the 2023 Division II National Player of the Year.
National amateur golfers in win column
AFTER three days of competition at the Ocean Club, Albany and Lyford Cay, the Bahamas Golf Federation concluded its national amateur golf championships over the weekend.
Two traffic fatalities, both women, in accidents over weekend
TWO women were killed in separate traffic accidents in New Providence over the weekend, prompting police to advise drivers to slow down.
Cruise port's chair eyes 'missing 10%'
The chair of Nassau Cruise Port's ultimate parent says he is "90 percent-plus satisfied" with its $322.5m transformation as he waits to see it drive increased visitor spend and more passengers exiting their vessels.
'Huge lift': Land free-up for Bay Street's revival
A former tourism minister yesterday admitted that reviving downtown Nassau is "a huge lift" that would require "cutting" a corridor from East Street through to Dowdeswell Street to free-up land for redevelopment.
Sir Franklyn's developer in $7.5m battle with MIT chair
Sir Franklyn Wilson's Eleuthera Properties is locked in a legal battle with Massachusetts Institute of Technology's (MIT) chairman emeritus over the latter's bid to exit his $7.5m investment in the Bahamian developer.
A new giant
ActivTrades
The chip company, Nvidia, is benefiting massively from the boom in artificial intelligence (AI). The boom in AI gives the chip and graphics card manufacturer a boom in orders. The technology heavyweight's stock rose by almost 30 percent on Thursday last week. Nvidia trumps Apple's previous daily record on Wall Street.
GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins
Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.
Engineer says 2023 'hottest' year for construction projects
The Bahamas Society of Engineers (BSE) president says 2023 is the “hottest” year for construction-related development that he has seen in a long time as there are “projects all around".
Cruise port leases Kelly's dock for ground transport
Nassau Cruise Port's (NCP) chief executive says the new taxi call-up system will have a dedicated sales desk and better organisation for visitors seeking transportation following Friday's opening.
Taxis back cruise port’s new system
The Nassau Cruise Port's (NCP) new taxi call-up system has been branded as “smooth”, with a union president voicing optimism that it will end hustling and 'hacking' for fares by drivers.
Pintard calls for greater urgency in revamping Downtown
FREE National Movement Leader Michael Pintard said the government needs to show greater urgency in revamping Downtown.
Cruise ship on way to Bahamas hit by rough seas
A cruise ship on a trip to The Bahamas navigated rough seas off the South Carolina coast over the Memorial Day weekend.
Union officials to work with police on Labour Day parade safety
UNION officials are cooperating with the Royal Bahamas Police Force to ensure road safety for the upcoming Sir Randol Fawkes Labour Day parade.
Union officials want govt to end contractual work of employment
NATIONAL Congress of Trade Unions Bahamas (NCTUB) officials have called on the government to put an end to contractual work of employment, adding workers hired on a contract are being stripped of basic employment benefits.
