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EDITORIAL: Atlantis goes from up for sale to new investment

THERE has been quite the turnaround at Atlantis – and that’s welcome news.

Exporters told: Prove no domestic financing

Bahamian exporters must first prove to the Central Bank that they have been rejected by all domestic financing sources before they will be given approval to seek out alternative funding from overseas.

Honours from grateful nation

BISHOP Lawrence Rolle, community activist Khandi Gibson and former police commissioner Paul Rolle say they are honoured and humbled for recognition of their service to the nation as recipients of the Bahamas’ 49th Independence Day National Honours.

Atlantis eyes $500m in fresh investment

Atlantis is on target to “exceed” 90 percent of pre-COVID occupancy levels for the 2022 full year, a senior executive has revealed, as it eyes “well over $500m” in new investment for this decade.

Jones posts double double - 29 points, 13 rebounds - in WNBA All-Star game

JONQUEL Jones displayed why she is a star among WNBA stars and shined on the brightest stage among the league’s best players at its midseason classic.

PM urged: Take ‘definitive’ stance over oil exploration

An environmental activist is again demanding the Government take a “definitive” stance on oil drilling in Bahamian waters as he branded this nation's efforts to combat climate change a “fallacy” without banning such activities.

Jonquel Jones selected for WNBA Skills Challenge ahead of All-Star game appearance

IN addition to playing in the Women’s National Basketball Association (WNBA) All-Star game, Bahamian Jonquel Jones from Grand Bahama has also been selected to participate in Saturday’s WNBA Skills Challenge.

External shocks cause for a ‘special situation’

The Bahamas is “in a special situation” due to its high vulnerability to natural disasters and economic shocks, a trade specialist said yesterday, with imported goods ten times’ higher than exports.

FNM to renovate centre

THE Free National Movement Council in Grand Bahama is hosting major fundraising events to help renovate the Sir Cecil Wallace-Whitfield Community Building that sustained severe flood damage during Hurricane Dorian.

Mackey Jr to continue pro basketball career in Europe

AFTER completing his first year with Mulhouse Basket in France, Grand Bahamian native Willis Mackey Jr is looking forward to returning to Europe in August to continue his professional basketball career.

Joe leads 76ers past Thunder in SLC Summer League 80-79

ISAIAH Joe made a go-ahead 3-pointer with 25 seconds left, his fourth of the game, and the Philadelphia 76ers beat the Oklahoma City Thunder 80-79 on Thursday on Day 3 of the Salt Lake City Summer League.

Banks’ fee income doubles in decade

Bahamian commercial banks are generating an ever-increasing share of their income from the fees detested by many consumers, which now account for more than $1 out of every $5 in earnings.

COVID’s $9.5bn blow nearly a triple Dorian

The Bahamas will never recover $9.5bn in economic losses and damage caused by COVID-19, it was revealed yesterday, with the pandemic combining with Hurricane Dorian to deliver a shattering $13.1bn blow to this nation.

Bahamas’ 20% shrink ‘not seen in worst crisis’

Bahamian economic output shrunk by a “remarkable” 20 percent in 2020, an Inter-American Development Bank (IDB) economist said yesterday, branding this COVID-induced plunge as “something you don’t see in the worst crisis”.

Woman, aged 96, dies of COVID-19

OFFICIALS reported another COVID-19 related death yesterday.

Clean-up held in Bimini

WATERKEEPERS Bahamas alongside 4Ocean hosted its second annual beach clean-up on Radio Beach, Bimini, where the event saw the removal of 1,500 pounds of garbage.

EDITORIAL: Twin disasters of COVID and Dorian

WE ALL knew that COVID-19 had inflicted a hammer blow to the Bahamian economy. The scale of that impact is still only now becoming clear.

ECONOMY CRASHED $9.5BN FROM COVID: Full impact of crisis laid bare - including $2.4bn in lost wages

THE impact of COVID-19 on the Bahamian economy has been pegged at $9.5bn, according to a joint study by the Inter-American Development Bank (IDB) and Economic Commission for Latin America (ECLAC).

Bahamas among most exposed to Ukraine war

The Bahamas must brace for multiple economic “uncertainties” over the next 12-18 months, a governance reformer warned yesterday, after it was named among the eight Western Hemisphere states most vulnerable to the Ukraine war.

Minister discusses ‘betrayal’ claim by former commissioner

NATIONAL Security Minister Wayne Munroe has recalled his personal experiences with former commissioner Paul Rolle regarding the senior officers who were made to take accumulated vacation and later seconded to various ministries.

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