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Govt mulling $1m investment floor for permanent residency

The government is eyeing a $1m minimum for investors to qualify for economic permanent residency by making non-real estate investments in The Bahamas, a Cabinet minister revealed last night.

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Port’s $31m refinance eliminates tariff rises

Nassau’s major cargo port says it has eliminated the possibility of any tariff rate increase by agreeing a refinancing of its near-$31m preference share debt that will slash interest costs by some $4.5m.

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Ayton and Suns advance to West Finals

A season of historic milestones will continue for Deandre Ayton and the Phoenix Suns in the Western Conference Finals.

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Marlins celebrate rising star ‘Jazz’ Chisholm Jr and Bahamian Heritage Night

THE Miami Marlins celebrated rising star Jazz Chisholm Jr and “Bahamian Heritage Night” at Loan Depot Park with a 4-2 win over the Atlanta Braves.

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PM suggests expanded benefits for those fully vaccinated

PRIME Minister Dr Hubert Minnis suggested on Friday that fully vaccinated people could soon begin experiencing a variety of expanded benefits, including permission to go out at night after the 10pm curfew.

Tax breaks renewal ‘definition of insanity’

An ex-deputy prime minister yesterday likened the blanket five-year renewal of all tax breaks under the City of Nassau Revitalisation Act as akin to “the definition of insanity”.

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Cut public sector? Actually we hired 2,400

THE Minnis administration, which came to power promising to right-size the civil service after the Christie administration hired scores of people, has made at least 2,402 people permanent members of the civil service and has promoted more than 1,600 people throughout government since taking office.

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‘HOUSING PLAN JUST ISN’T FAIR’: Turnquest’s challenge to PM’s pet project on affordable homes

FORMER Minister of Finance Peter Turnquest has criticised Prime Minister Dr Hubert Minnis’ housing programme for western New Providence, calling the legislation to facilitate it “inherently discriminatory” and open to a court challenge.

EDITORIAL: We shouldn’t hide from our economic problems

WHEN Dr Duane Sands gave his assessment of how many more people need to get vaccinated to benefit the nation – a number very different from that given by his successor as Health Minister – we saluted him for being a plain talker.

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Criminal records of 28 expunged - with 85 pending

NATIONAL Security Minister Marvin Dames said the Bahamas Rehabilitation of Offenders Committee has expunged the criminal records of 28 people to date, with 85 applications pending.

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Murders up by 52%

MURDERS and armed robberies jumped by 52 percent and 42 percent this year compared to the same period last year, National Security Minister Marvin Dames said yesterday.

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FACTS ON DEBT: Sands warns painful tax reforms can no longer be avoided

ELIZABETH MP Dr Duane Sands said yesterday the country will have to adopt serious changes in the years ahead in response to the nation’s worsening debt crisis, noting an income tax system may even have to be implemented.

Cascarilla ‘game changer’: Project receives 100 acres

An Acklins co-operative is to receive more than 100 crown land acres to facilitate a $1.4m “game changer” in developing a cascarilla industry in The Bahamas.

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Ayton and Suns beat Nuggets, take 2-0 lead

Deandre Ayton has drawn two of the toughest individual assignments of any player in the NBA playoffs with the Los Angeles Lakers’ Anthony Davis in round one and the newly minted league MVP, Nikola Jokic of the Denver Nuggets, in round two.

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Collegiate Baseball magazine names Stuart Freshman All-American

DAUNTE Stuart received another postseason accolade for his freshman season of milestones with the Northwestern State Demons Baseball programme.

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Mike Strachan ‘fits that wide receiver profile’

MIKE Strachan had a promising performance at Indianapolis Colts’ Organised Team Activities (OTAs) and had an opportunity to get repetitions with the first team on the field.

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‘Win for common sense and sanity’

The Grand Lucayan’s chairman yesterday hailed a Supreme Court verdict dismissing wrongful/unfair dismissal claims by 36 current and former managers as “a victory for common sense and sanity”.

Black Lives Matter ‘hypocrites’

American political writer Kenneth R Timmerman claimed in his hard-hitting exposé of Rainbow PUSH Coalition founder and African American civil rights activist Jesse Jackson, Sr, that Booker T Washington forewarned that there will come a time when hucksters will seek to enrich themselves at the expense of the Negro population.

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PETER YOUNG: Could Trump have been right after all and the virus leaked from a Chinese lab?

It is the international story of the week. Despite the earlier denials, evidence seems to be mounting that the COVID-19 virus could have leaked from China’s Wuhan laboratory rather than evolving naturally from animals to humans.

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FACE TO FACE: We must protect the hard-won rights generations fought for

I came across a video on the Labour Day Holiday of a march in which Sir Randol Fawkes participated. It was good to see him especially as this was on the holiday now celebrated in his honour.