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Migration down overall - but rise in those headed to the US
ROYAL Bahamas Defence Force (RBDF) Commodore Raymond King said the northern Bahamas has seen a 90 per cent increase in migration to the United States.
Construction’s fears on ‘bread and butter’
The Bahamian Contractors Association’s (BCA) president has voiced fears that construction’s “bread and butter” will be undermined if the declining trend in mortgage loan approvals persists.
Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
National debt shrinks $77m in third quarter
The Bahamas’ national debt shrank by almost $77m during the 2023 third quarter but this proved insufficient to reverse the total $400m-plus growth incurred over the prior 12 months, it was revealed yesterday.
Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
Coral restoration drive to boost ‘blue’ economy
The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.
PETER YOUNG: Wokeness is destroying west, says Boris Johnson
He’s back. To general acclaim, whether you like him or not, ousted former British prime minister Boris Johnson has returned to his old trade by becoming a regular columnist for the UK’s mass circulation tabloid newspaper, the Daily Mail. So he has a new platform to express his views on a variety of issues and to maintain his relevance as a political figure in Britain – believing, apparently, that he still has a future in that most unforgiving of occupations.
PAHO Director Emeritus Dr Carissa F. Etienne dies
The Pan American Health Organization announced on Friday that Director Emeritus Dr Carissa F. Etienne has died.
Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
REGATTA TIME AGAIN: Best-of-the-Best off to great start in Montagu Bay
The sixth Best of the Best Regatta lived up to the hype on day one of the sloop sailing event. Skippers and their crew members were in top form on the waters at Montagu Bay, competing in Class A, B, C and E.
NPBA: High Flyers earn victories
THE Sand Dollar High Flyers division one and two teams added another victory to their win columns after defeating the Island Development Rebels and BIBT Great Whites on Wednesday night at the CI Gibson Gymnasium.
IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
Gov’t unveils $1m grant to boost ‘food security’
The Small Business Development Centre (SBDC) yesterday received $1m in grant funding that will be distributed between small and medium-sized businesses to boost Bahamian “food security”.
Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
Bahamasair launches flight to open Exuma
Bahamasair last Wednesday launched its inaugural service between Fort Lauderdale and Georgetown, Exuma, with around 50 passengers on the flight.
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
Wildcats to face Tigers in Battle 4 Atlantis finale
The Villanova University Wildcats snuck past the North Carolina Tar Heels in an 83-81 overtime thriller to advance to their third Battle 4 Atlantis finals yesterday at the Imperial Arena, Paradise Island.
STATESIDE: Biden seeking to avoid gaffes
US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.
Top housing official rapped over ‘excessive spending’
The Government’s chief housing officer was reprimanded for “excessive spending” that allegedly exhausted 92 percent of the department’s budget within the fiscal year’s first seven months.
