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'Skyrocketing' Bahamasair losses could strike $60m
A Cabinet minister yesterday said the Government had no choice but to increase Bahamasair's fares in a bid to contain "skyrocketing" losses that could hit $60m for the airline's current financial year.
Jazz: ‘I want to win MVP’
After missing out on an historic Major League 20/20 (home run/stolen base) feat this past season that was hampered by an injury, Bahamian Jasrado “Jazz” Chisholm said he’s looking forward to improving in his quest to go after the Most Valuable Player award.
Bahamas can be 'Atlantic air hub'
The Bahamas has the potential to become an "Atlantic transshipment hub" between Latin America and Europe, a senior KPMG executive believes, adding that this nation's "60 per cent GDP" tourism dependency meant it was bound to suffer more than other nations during the recession.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Amazon’s stand-alone streaming targets Netflix
AMAZON is taking on Netflix and Hulu with its own stand-alone video streaming service, just weeks before Netflix raises prices for longtime subscribers.
IDB: Bahamas Internet costs, speed miss mark
Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.
‘Gratified’ by Grand Lucayan bid quality
Hutchison Whampoa’s property arm should “soon” announce the Grand Lucayan’s fate, its advisers saying they were “gratified’ by the quality of bids submitted to purchase the resort.
Oil opponents: BPC EIA 'contradicts' drilling halt
Oil exploration opponents are arguing Bahamas Petroleum Company's (BPC) assertion that a mid-drilling halt will cause "unnecessary safety" risks is contradicted by its own environmental studies.
S&P ‘wants more’ from Gov’t on spending curbs
Standard & Poor’s (S&P) wants “more detail” from the Government on how it plans to curb its spending, its lead Bahamas analyst describing 2015 as “a pivotal year” for this nation and its economy.
Gov’ts signals ‘go close your doors’ on Bahamasair
A Cabinet Minister was yesterday said to have sent a “go close your doors” message to private Bahamian airlines by reaffirming unlimited government support for Bahamasair.
CARIFTA: Triathletes in tie for 5th
The Bahamas’ 20-member team to this year’s CARIFTA Triathlon and Aquathlon returned home from Kingston, Jamaica, with four medals and a tied fifth-place finish with Aruba.The team, coached by brothers Dorian and Cameron Roach, got a silver medal from
Resorts ‘pleasantly surprised’ over Easter booking numbers
A senior Atlantis executive yesterday said he is “encouraged” by Easter bookings despite tourism not yet recovering to 2019 levels.
T20 Cricket World Cup qualifying: Bahamas ends up in 5th place
THE Bahamas finished in fifth place with a 2-4 record at the International Cricket Council’s T20 World Cup Americas Qualifying event in Antigua and Barbuda.
Woman who hurt ankle awarded $70,000
THE Supreme Court has awarded more than $70,000 in damages to an elderly woman who suffered ankle injuries after falling down a utility conduit at Arawak Cay nearly nine years ago.
Tributes paid to Freeport businessman Donald Roberts
GRAND Bahamians gathered on Friday to remember Freeport businessman Donald "Don" Roberts, the owner of Dolly Madison Home Centre.
PM gives oil drill fight 'more points than a porcupine'
Environmental activists yesterday pledged to challenge whether Bahamas Petroleum Company's (BPC) agreements are legally watertight after remarks by the Prime Minister that were "music to our ears".
80% DIY anglers is ‘absolute nonsense’
The Fly Fishing Industry Association’s (BFFIA) president said yesterday it was “absolute nonsense” to suggest that so-called ‘do-it-yourself’ anglers (DIY) anglers represent 80 per cent of the industry, questioning the credibility of a 2010 survey that pegged the sector’s economic impact at $141 million.
Baha Mar hotel's rates are 'not good enough'
The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.
'Buddy' Hield enjoys courtside with Jones and Sun
JONQUEL Jones continues to garner recognition from WNBA fans, international media on pace for an MVP season, and a fellow Bahamian basketball icon was on hand to take in her latest contest and the bond between the two.Buddy Hield was courtside as Jon
CHARGED: Dorsett faces nine counts
FORMER Environment and Housing Minister Kenred Dorsett appeared in Magistrate’s Court yesterday accused of using his former ministerial position to extort and solicit $120,000 in bribes from Johnathan Ash.
