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Build, build, build, stop!

ActivTrades

ERNEST Hemingway once wrote that bankruptcies happen gradually, and then suddenly. Such words seem appropriate to describe the fate of Evergrande, one of China’s largest real estate developers, which appears set to default on debt interest repayments.

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PM defends decision to call early election

AFTER voting in the Killarney constituency, Prime Minister Dr Hubert Minnis responded to criticism that the early election was ill-timed as the country continues to battle the COVID-19 pandemic.

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Move to raise VAT exemption celling a ‘hoodoo’ response

SENATOR Michael Darville yesterday called the government’s bid to raise the value added tax (VAT) exemption ceiling for electricity bills from $200 to $300 a “hoodoo” political response to mounting public pressure.

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Three men found safe after vanishing at sea

THREE Bahamian men who vanished at sea were found safe just five miles north of Andros on Saturday. In a statement, Unites States Coast Guard confirmed the three men had safely arrived on land. “The Coast Guard ended its search for three overdue bo

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Officials to boost ebola awareness

THE Ministry of Health is enhancing its Ebola preparedness protocol after the World Health Organisation declared a recent outbreak a “public health emergency of international concern”. Health Minister Dr Duane Sands said yesterday that though it is

Provisional licences available to start-ups

The government last night confirmed that provisional licences are now available to entrepreneurs starting companies in “low-risk” categories.

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VSEP packages at Grand Lucayan could go back several years

VOLUNTARY separation packages for line staff at the Grand Lucayan resort could include monies owed to some hotel employees for several years, according to Labour Minister Dion Foulkes.

Downtown group hopes cruise ports ‘benefit all’

THE Downtown Nassau Partnership (DNP) yesterday said it hopes that the cruise port developments eyed for both Nassau and Freeport will benefit “all stakeholders”.

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Coroner rules boat tragedy accidental

A CORONER ruled yesterday that the death of a 73-year-old man in a boating collision was an “accidental death” — however the victim’s daughter has said the family will pursue the matter in a civil case.

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Baha Mar staff funds deposited

THE MONEY allocated to pay Baha Mar workers and unsecured creditors has been deposited by the Export-Import Bank of China (CEXIM), according to Claims Committee Chairman James Smith, who yesterday maintained that non-staff claims will be processed as “pay as you go until you run out”.

Port Dept ‘clears up’ $5m in owed revenue

The Port Department has “cleared up” the nearly $5 million in outstanding revenues highlighted by an Auditor General’s report last November, its acting Controller yesterday welcoming a follow-up assessment.

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Mortgage relief scheme fails to hit targets

THE mortgage relief programme, which the Christie administration said helped at least 441 people, has not performed as well as expected and will have to be reviewed, Finance Minister K Peter Turnquest said.

No limit on back to school support

BTC’s Limitless Summer promotion will now assist students all over the country to get ready to enter the classroom to start the new school year.The company has supported several back to school initiatives and will now be starting a new promotion, “Ba

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$3m more needed for road works

MORE than $3 million is needed to complete work on several roads in New Providence, announced Works Minister Philip “Brave” Davis yesterday.

$3m more needed for road works

By KHRISNA VIRGIL

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‘Crossing For A Cure’ – Father plans to paddle from Bahamas to Florida to raise awareness of genetic disorder

NEXT week, a father will go the distance by paddleboarding nearly 100 miles from the Bahamas to Florida to raise money and awareness which could help save his young daughter’s life.

The drugs that fuel sex trade

ALCOHOL appears to be the drug of choice for the vast majority of sex workers in The Bahamas, a new study by the Bahamas Urban Youth Development Centre reveals.

New Bay Street marina developers hope to have it up and running soon

THE owners/developers behind the million dollar state-of the art Bay Street Marina hope to have it powered up soon, describing the development as an “anchor” in the city of Nassau’s revitalisation plans.

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MARKETING REVOLUTION: Test before you text

I read on CNN the other day that some people are texting in their sleep.