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Dive guru 'devastated' over threat to Bimini

A world-renowned dive guru yesterday said he was personally “devastated” by the potential damage Resorts World’s cruise terminal will inflict on the diving and fishing industries, which generate 90 per cent of Bimini’s hotel occupancies and “millions” for its economy.

Pharmachem confirms Freeport job losses

PHARMACHEM Technologies has confirmed over 30 full-time workers and direct contractors were laid off at its facility in Freeport, but said the company will continue to inject over $20 million annually into the economy. In a statement issued yesterda

Banks: 'No dent' in bad loans for 12-18 months

BAHAMIAN commercial banks expect that high liquidity and non-performing loan levels, the latter of which now exceeds 19 per cent, will be "maintained for another 12-18 months" at least unless something sparks a dramatic reduction in unemployment.

Test strips could end lockdown

The response to the COVID-19 pandemic has created a public health and economic crisis leading to psychological suffering and economic pain for all Bahamians.

Water Corp’s ‘ludicrous’ 8 per cent debt recovery deals

THE Water & Sewerage Corporation’s chairman yesterday said he was reviewing pre-election contracts issued to two debt collectors who have recovered just 8 per cent of the $5 million assigned to them.

BPL bailout has cost us millions: Bannister warns mountain of bills must be tackled

The Government was forced to pump "millions" into Bahamas Power & Light (BPL) during COVID-19's peak due to customers' inability to pay, it was revealed yesterday.

CRASH LANDING: Two men escape injury as private aircraft gets into trouble

ONE day after a private aircraft crash landed at Lynden Pindling International Airport, Tourism and Aviation Minister Dionisio D’Aguilar is underscoring the airport’s safety as well as the fact that it has “contingency plans” in place to swiftly tack

Workers Call for new public hospital in Grand Bahama

HOSPITAL workers took to social media to call for a new public hospital in Grand Bahama following closure of the Rand Memorial Hospital after it was severely flooded during Hurricane Dorian in early September.They are concerned that the facility – wh

Food prices: ‘What goes up may not come down’

Super Value’s principal has warned Bahamian shoppers to brace for the possibility that increased food prices may be here to stay, warning: “I don’t believe in what goes up must come down.”

SuperPlex hopes for 47% revenue return

The Fusion SuperPlex’s principal yesterday said ending COVID emergency orders and curfews could help it regain up to 47 percent of pre-pandemic revenue, adding: “Economic freedom is back.”

Gov't developing system for '90% of investor needs'

The Government is aiming to “instutionalise” an approvals process that “meets 90 per cent of the needs of investors” coming into the Bahamas, a Cabinet minister telling Tribune Business that “hundreds” of proposals were before it.

DeAndre Ayton looks to transfer to new high school

THE top high school basketball recruit for the class of 2017 has a much anticipated decision to make on his NCAA path, but Bahamian DeAndre Ayton is making headlines this fall as he looks to transfer to a new high school.

‘Bonefish Sam’ to be honoured

ONE of The Bahamas’ bonefish tour legends is being honoured next month through the International Game Fish Association of Florida next month.

Bermuda tops Bahamas 3-0 in 2nd leg of FIFA World Cup qualifier

DESPITE a battling performance a much-changed Bahamas exited the 2018 Fifa World Cup at the first qualifying stage yesterday when they went down 3-0 in Bermuda in the second leg of their CONCACAF preliminary round tie.

Accused: Wife faces court for Old Fort Bay murder

THE wife of murdered Australian podiatrist Phillip Vasyli blew kisses at relatives seated in court yesterday as she was led away by police following her arraignment for his killing.

Woman in tears as she is accused of murder

A WOMAN was led away from a courtroom in tears yesterday after she was arraigned in connection with the death of a female whose partially burned body was found with a “black cord” wrapped around her neck.

Man behind bars after being charged with murder

A 28-year-old man is behind bars after being charged in Magistrates Court yesterday for killing a man last month.

5% rise in food assistance to help offset 7.5% rate of VAT

PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.

Man shot in drive-by dies in hospital from wounds

A 29-year-old man who was shot multiple times during a drive-by shooting on Saturday died in hospital early yesterday morning.

Two teens accused of stabbing man to death

TWO teenagers, including a 15-year-old juvenile, were arraigned in Magistrate’s Court yesterday on a murder charge.

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