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BISX-listed firms blame profits drop on inflation

Two BISX-listed companies have blamed surging inflation for a margin squeeze that resulted in first-half and second quarter 2023 profits slipping against prior year comparatives.

Tourism advances downtown plans

The Ministry of Tourism, Investments and Aviation (MOTIA) sought to further advance pedestrianisation plans when it met with downtown stakeholders on Wednesday, it was confirmed yesterday.

Chamber chief optimistic on Carnival's 2m guests

The Grand Bahama Chamber of Commerce's president yesterday said he is optimistic that Carnival Cruise Line will deliver two million passengers to the island annually once its Grand Port is completed.

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FRONT PORCH: Antidote to ambivalence

A beloved departed friend, a priest of 50 years before he died, recounts this modern parable. He travelled to the Cistercian monastery Mount Saint Bernard in rural Leicestershire, England, to meet a 93-year-old, who was 73 years a monk. The two settled in to share a pot of tea.

Promoters disappointed as occasional licences see 2,900 per cent increase

AN INCREASE of 2,900 per cent in the occasional licence fee has disappointed some event promoters, many of whom say the rise is neither fair nor reasonable.

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New home listings surge 1,025% on ‘right-sizing’

New home listings in the major Bahamian islands increased by 1,025 percent year-over-year for the 2023 second quarter, a major realtor disclosed yesterday, amid signs it is “slowly turning to a buyer’s market” after a “bonkers” post-COVID.

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Minnis blasts Commercial Enterprises Act’s repeal

An ex-prime minister yesterday branded the Government’s plans to repeal the Commercial Enterprises Act as “a mistake” since it is designed to improve Immigration efficiency and “attract businesses we don’t have”.

Concern on foreign property tax crackdown messaging

A prominent Bahamian realtor yesterday voiced misgivings that the Government’s constant pronouncements about cracking down on foreign real property tax delinquents could drive legitimate overseas buyers away.

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BPL union escalation as trade disputes filed

Bahamas Power & Light’s (BPL) two trade unions yesterday made good on their threat to escalate their grievances by filing trade disputes alleging industrial agreement breaches and other violations by the state-owned utility.

Biggest investment since Morton Salt for ‘decimated’ Long Island

The proposed $250m Long Island cruise port is being touted as the first “large-scale project” with “regenerative” potential to impact the southern Bahamas since Morton Salt arrived in Inagua almost 70 years ago.

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Married women ‘more likely to experience non-consensual sex’

MARRIED Bahamian women are more likely to experience non-consensual sexual intercourse than their single counterparts, according to University of the Bahamas researchers.

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RAPED CHILD’S ABORTION: ‘POLICE SHOULD INVESTIGATE’ – Munroe says case should consider both assault and 11-year-old’s procedure

NATIONAL Security Minister Wayne Munroe expects police to investigate not only the alleged statutory rape of an 11-year-old girl impregnated by her mother’s boyfriend, but also the abortion the girl received, which he said was illegal.

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Bahamas defeats Argentina, 101-89

Wins Group A to advance to semifinals

The Bahamas senior men’s national basketball team continued their winning ways last night, defeating Argentina 101-89 on their home turf to move on to the semifinals of the FIBA Basketball World Cup Americas Qualifiers.

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Bahamas youth flag football season begins on August 26

THE Bahamas Youth Flag Football League (BYFFL) season is scheduled to begin next week Saturday.

Caribbean Hoopfest on for the first time in ‘sporting paradise’

THE Bahamas continues to be a sporting hub for international tournaments this year, with the Caribbean Hoopfest being the latest set to take place next in the sporting paradise.

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Customer loyalty needs more focus than adding sales

Customer loyalty is vital to the growth and longevity of any business. What is more, about 82 percent of companies agree it is cheaper to retain old customers than acquire new ones.

Bahamas must close cyber security 'gaps'

A cyber security specialist yesterday said The Bahamas must close “gaps” in its legal and regulatory framework dealing with online crime if it is to strengthen the country's Computer Incident Response Team (CIRT).

Bus drivers renew fare increase push

The bus drivers union's president yesterday reiterated that his members urgently need a fare increase as their incomes continue to be squeezed by the ever-increasing cost of living

EDITORIAL: Residents deserve the truth

IN today’s Tribune, we report further on the potential contamination of groundwater in Nicholls Town, North Andros – with the remarkable update that the Department of Environmental Planning and Protection is packing its bags to go and assess the site nearly 20 months after the oil leak there.

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Mom weeps as photos of Ronald Mackey were shown at coroner’s inquest

THE inquest into the 2017 police-involved shooting of Ronald Mackey began yesterday, with officers testifying that the 28-year-old fled the scene of an accident and was shot in the back of his head during a car chase.