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Gas station tax relief is ‘the right approach’
The Prime Minister’s hint that the Government is mulling lower taxation for gas station operators was yesterday branded the “right approach” even though margin increases may not be considered.
‘Taking Over-the-Hill projects to new level’
A prominent doctor is asserting that his planned 15-storey parking garage and residential condo complex on Collins Avenue will “take Over-the-Hill developments by Bahamians to another level” if approved.
Explorer: We won’t sell off Bahamas heritage
An underwater explorer has pledged not to sell or “split up” the valuable gems and historical artifacts it is recovering from the wreck of a centuries-old Spanish treasure galleon in Bahamian waters.
Governor targets loan delinquency ‘under 5%’
The Central Bank’s governor yesterday said he is targeting a commercial bank loan delinquency rate of “less than 5 percent” as some institutions push for an easing of lending restrictions.
PETER YOUNG: The games deliver on cherished friendships
The Commonwealth Games are a unique event. They are based on the strength of the Commonwealth itself and are underpinned by the common core values of equality and mutual respect of this 56-member voluntary association and the support and assistance it provides.
PM’s ‘intervention’ sought over 130 Gold Rock jobs
The Opposition’s leader yesterday voiced optimism that the Prime Minister’s “intervention” will prevent “a substantial blow” to Grand Bahama’s economy with up to 130 jobs threatened by the Gold Rock group’s closure.
Carnival to begin dredging within 90 days for mega cruise port in East Grand Bahama
Carnival expects to commence dredging in East Grand Bahama for its mega cruise port in the next 60 to 90 days, a Carnival Corporation executive told hundreds of residents gathered at the Grand Lucayan Resort on Thursday evening.
PAHO: Be vigilant over monkeypox
THE Pan American Health Organisation (PAHO) has urged countries in the region to remain vigilant in light of monkeypox being declared a global health emergency.
Doctors enjoys up to 40% non-COVID revenue rise
Doctors Hospital plans to unveil its new Bay Street pharmacy within 30 days, a top executive revealed yesterday, with monthly non-COVID revenues up to 40 percent higher than pre-pandemic comparatives.
Tourism ‘market mix’ can beat Fed’s interest hike
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday voiced optimism that “pent-up” travel demand and a high-end “market mix” can sustain the post-COVID rebound despite the Federal Reserve’s latest tightening.
‘Polluter must pay’ says minister after fuel spill
ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.
Cruise island expansion to drive 149% visitor rise
Visitors to a cruise line’s Bahamian private island are forecast to increase by more than 427,000 per year once two piers are constructed to allow its vessels to properly dock, it has been revealed.
Eight tennis juniors take advantage of JITIC u-14 competition
EIGHT young Bahamian tennis stars are competing in the Under- 14 JITIC regional event in Mexico.
Minister pledges ‘polluter will pay’ over Exuma spill
A Cabinet minister yesterday pledged that “the polluter will pay”, with the Government “holding their breath” that last week’s Exuma oil spill does no long-lasting harm to the area’s marine life.
PETER YOUNG: A breakthrough of sorts - but will the Russians stick to it?
A major development in the war in Ukraine has raised faint hopes of peace in the longer term. An agreement with Russia was signed last week to restart the export of grain, though there is a danger that it may have already been derailed because of the firing of missiles at the Ukrainian Black Sea port of Odesa over the weekend.
Gov’t hires Rothschild for $11.8bn debt help
The Government has hired Rothschild & Co, a major global financial group, to advise on what could become a “massive refinancing” of much of the country’s $11.8bn national debt, it was revealed yesterday.
Auto dealers: Sales ‘20% higher’ if we had supply
Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.
Funeral to be held for Brenda Bethell
FUNERAL services for Mrs Brenda Suzanne Bethell, 92, who died at her home on Thursday, July 21, after a brief illness will be held at St Andrew’s Presbyterian Kirk on Thursday, July 28, at 4pm.
For Tamara, giving up is no option
A MOTHER-of-three who is battling stage four breast cancer has appealed for financial help to cover the cost of medical bills.
Gas dealers ‘optimistic’ despite wait over relief
Bahamian gas station operators yesterday said they remain “optimistic” about their relief negotiations with the Government despite the two sides not having met or communicated for “quite a while”.
