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Gov’ts Central Bank debt soars 85% on IMF SDRs
The Government’s controversial borrowing of IMF special drawing rights (SDRs) reversed five years of decline by causing its net debt to the Central Bank to soar by 85.4 percent to $805.6m.
‘Good morning, I’m Ed Bethel’
“Silence! Silence? In this house”,
BASRA appeals for duty exemption on boating safety equipment
AFTER seeing so many lives needlessly lost at sea, a Grand Bahama BASRA official is calling on government to allow for safety equipment to be imported duty free for Bahamian boaters.
Jack Hayward and Tabernacle Baptist emerge as junior, senior GBSSA track and field champions
THE Jack Hayward Wildcats and the Tabernacle Baptist Falcons emerged as the junior and senior high winners of the Grand Bahama Secondary Schools Athletic Association’s 2023 Fidelity Bank Track and Field Championships.
Tributes paid for iconic journalist Ed Bethel
TRIBUTES continued to pour out for veteran journalist Eldred “Ed” Bethel yesterday, with the Free National Movement and Broadcasting Corporation of The Bahamas remembering the media legend.
Gas station operator’s relief faith ‘now 120%’
A gas station operator yesterday said his faith was now “120 percent” restored over the Government’s intention to provide relief for the sector’s plight following Monday’s meeting with the Prime Minister.
PI project concern over ‘compelling opportunity’
A senior Atlantis executive yesterday warned that concerns over Royal Caribbean’s Paradise Island project could harm downtown Nassau’s revival and “the most compelling real estate opportunity in The Bahamas” if not resolved.
ATLANTIS: DEAL WITH CONCERNS HEAD ON – RCI urged to address environment worries for $100m beach club
A senior Atlantis executive yesterday urged Royal Caribbean to tackle “head on” the concerns raised over its $100m Paradise Island beach club by providing “a more robust” Environmental Impact Assessment (EIA).
GIANTS ROUT REBELS 121-67: Commonwealth Bank earn 1-0 lead in playoff series
The Commonwealth Bank Giants completely outmatched the division one Rebels in their first game of the New Providence Basketball Association (NPBA) playoffs. The matchup started off competitive in the first quarter with the Giants only beating the Rebels 27-24 to end the first period of basketball between the two.
BISX-listed fund targets storage drive to $100m
A BISX-listed fund is entering New Providence’s warehouse and storage space market to help drive ambitions of more than doubling in scale to some $100m in assets.
‘Last peaceful settlement’s’ fears over 163-unit project
Adelaide residents yesterday voiced fears that a proposed 163-unit multi-family residential project will “destroy the last peaceful settlement we have in New Providence” if approved by government regulators.
Chamber chief queries vacation rental ‘policing’
Abaco’s Chamber of Commerce president has questioned how the Government will “police” the vacation rental industry given that enforcement is “not one of our strong suits”.
Journalism giant Ed Bethel dies aged 82
VETERAN journalist Eldred “Ed” Bethel died yesterday at the age of 82.
Junior golfers are crowned champions
After picking up a second-place finish, Alex Dupuch said he just wanted to make sure he finally won his first Bahamas Golf Federation junior national golf championship title before he made his exit.
INSIGHT: RCI deal on PI is approved - but concerns remain
THE news around the approval of the Royal Caribbean project on Paradise Island has been peculiar to say the least.
Petroleum retailer: Gov’t says ‘they want us to fail’
A gas station operator yesterday suggested a six-month job swap with a Cabinet minister so the latter can gain a full understanding of the industry’s plight, adding: “He’s telling us he wants us to fail.”
Hotels strike ‘glass ceiling’ on 15-20% room shortage
The Bahamas may be unable to fully meet tourism demand for 12-18 months due to a room shortage caused by up to 15-20 percent of available inventory being taken offline, a senior hotelier has revealed.
‘Absolutely not worried’ by Royal Caribbean’s PI plan
Nassau Cruise Port’s top executive says he is “absolutely not worried” about Royal Caribbean’s $100m Paradise Island project sucking away passengers to the detriment of his facility and other Bahamian-owned businesses.
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.
