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Shipping costs rise 40% for new price pressures
Bahamian consumers and businesses were yesterday warned that local goods prices will be unable to escape the fall-out from a 40 per cent increase in shipping costs over the the past three months.
INSIGHT: Independent, but entangled in protocols
THOUGH it may not attract the attention of the men’s version of the game, the Women’s World Cup has been held over the past few weeks – with Spain beating England in the final yesterday.
EDITORIAL: Lack of insurance revives BAMSI memories
THE admission that the contractor responsible when roof trusses at a school collapsed did not have a written contract or insurance is prompting a sense of déjà vu.
VAT to under-shoot full-year $1.4bn goal
The Ministry of Finance’s top official yesterday conceded that VAT revenues were likely to under-shoot their 2022-2023 target but voiced confidence that tougher enforcement will keep them on track in the current fiscal year.
PI entrepreneur: ‘Could I have swift approval too?’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday voiced hope the Government will now approve his project - now in its 12th year of asking - with the same “swiftness” it has afforded Royal Caribbean.
Royal Caribbean: Can’t blame us for Bay St ‘decline’ reports
Royal Caribbean says Bay Street merchants have reported “a decline” in business volumes amid assertions it has “not sufficiently analysed” the economic impact from its $100m Paradise Island beach club project.
‘Full steam ahead’ for Royal Caribbean on PI
Royal Caribbean’s Bahamas chief has hailed as “a critical milestone” the environmental go-ahead for its Paradise Island beach club “that could benefit hundreds of businesses and tens of thousands of Bahamians”.
No concerns addressed as BPL union deadline ends
AS a 30-day ultimatum from the Bahamas Electrical Workers Union to Bahamas Power and Light officials ends today, union president Kyle Wilson says none of their concerns were addressed.
Bahamas earns a berth in 2024 Olympic Qualifying Tournament
ERIC Gordon came up big down the stretch as the Bahamas pulled off a hard fought 82-75 victory over Argentina to win the FIBA Americas Olympic Pre-Qualifying Tournament title yesterday to earn their berth in the 2024 Olympic Games Qualifying Tournament next year.
Team Bahamas wins the Goodwill Swimming Championships
THE Bahamas continues to prove their dominance in swimming after emerging victorious at the Goodwill Swimming Championships in Kingston, Jamaica.
Petroleum retailers continue Gov't talks
Bahamian petroleum retailers are pledging to pass any reduction in oil prices on to motorists as they continue "private" discussions with the Government over their calls for a margin increase.
ONE ELEUTHERA: Meatless Mondays – reducing meat in your meal can impact climate change
I DON’T know about you, but it sure feels extra hot to me these days! As a farmer, I pay particular attention to the weather here in The Bahamas. While it does feel particularly hot here this summer, the statistics are now in and show that this is not just a local phenomenon.
Fidelity ‘ramp up’ after 30% first half profit fall
Fidelity Bank (Bahamas) yesterday pledged to “ramp up” its performance during 2023’s final months after a near-30 percent first-half decline put the “stretch” $25m profit target for the full year seemingly beyond reach.
Bahamians increasingly becoming fraud victims
The Financial Intelligence Unit (FIU) yesterday warned of an increase in Bahamians having funds stolen from their bank accounts after falling victim to phone and online scammers.
$29m Exuma cays quieting labelled ‘mockery of justice’
A fresh bid to quiet the title to two Exuma cays, valued at a collective $29m, was yesterday branded “a mockery of justice” by the family estate which defeated the previous attempt in the Supreme Court.
Long-time PE teacher Hattie Moxey retires on August 31
WHEN the new school year begins in September at Jordan Prince Williams High School, one of the familiar faces returning students won’t see is long-time Physical Education Department head Hattie Moxey.
New 125,000 gallon tank completed by WSC for Grand Cay
After concerns were raised recently over water supply on Grand Cay, the Water and Sewerage Corporation has given an update on works there.
Make Freeport ‘boom town’ before Hawksbill deal ends
The Grand Bahama Chamber of Commerce’s president is seeking a legal opinion on whether corporate income tax can be lawfully imposed in Freeport as he yesterday warned that time is running out to make the city a “boom town”.
Coach DeMarco likes Bahamas’ ‘resilience’
COACH Chris DeMarco likes the “resilience” that he’s seen so far from the Bahamas men’s national basketball team in the FIBA Olympic Pre-Qualifying Tournament 2023 in La Banda, Argentina.
New York high school players are ready for Caribbean Hoopfest
WITH the Caribbean Hoopfest 19-and under (19U) tournament scheduled for this weekend, the high school players from New York are excited to compete against the Bahamian teams.
