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‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

DNA reveals plan to tackle landfill problems

DEMOCRATIC National Alliance Leader Branville McCartney yesterday questioned if the government has “some interest” in Renew Bahamas, charging that there are frequent dump fires because “there are people in high places benefitting from it”.

Web shop licence winners named

ONLY eight web shop operators have been awarded conditional gaming house operator licences, with the “disqualified” applicant ordered to close its business in less than two weeks, Tourism Minister Obie Wilchcombe announced last night.

Laing: Immigration can boost economy

FORMER State Minister for Finance Zhivargo Laing believes that the country should look at its immigration policy as a means of bringing new economic injection in The Bahamas.

DNA says latest Budget is filled with empty gestures

DNA Leader Branville McCartney said yesterday that while that 2015/2016 budget contained “some glimmers of hope” it was mostly filled “with few details and empty gestures as part of a bid to distract the public” the government’s “poor record on issues of national importance”.

‘Premature’ to hand back VAT windfall

A top private sector executive yesterday warned it might be “premature” for the Government to start ‘handing back’ its Value-Added Tax (VAT) windfall via other tax breaks, arguing that deficit reduction was the priority.

Port regulatory trust 'spells potential chaos'

A businessman yesterday reiterated his warning that proposals to ‘split-off’ the Grand Bahama Port Authority’s (GBPA) regulatory functions into an independent trust “spell potential chaos”.

$150,000 goal in battle to beat breast cancer

THE Bahamas Breast Cancer Initiative Foundation is hoping to raise at least $150,000 this month for research and support for its education outreach programme in the country.

Gov't pension liability is a 'ticking timebomb'

By NATARIO McKENZIE

Air arrivals 100,000 off pre-COVID in ‘22

Air arrivals to The Bahamas in 2022 fell just 100,000 short of the 1.6m received in 2019 prior to the COVID-19 pandemic that shut tourism down for much of 2020 and 2021, it was revealed yesterday.

EDITORIAL: Deny bail to keep killers alive?

SHOULD bail be a right?

EDITORIAL: Focus on crime, Commissioner, not on yourself

THERE is a certain jarring difference between the topics that the Commissioner of Police, Clayton Fernander, is choosing to address and the issues on the street.

IDB: Road overruns 'exceed expectations'

The size of the $239 million New Providence Road Improvement Project’s cost overruns “exceed usual expectations”, the Inter-American Development Bank (IDB) has admitted, agreeing that Bahamian contractor capacity needs to be assessed when drawing up major infrastructure contracts.

Gov't urged to 'look carefully' at manufacturing's survival

Gov't urged to 'look carefully' at manufacturing's survival By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A leading Bahamian bottled water manufacturer yesterday urged the Government to "look very carefully at how we can survi

Pope breaks silence over Vatileaks scandal

Pope breaks silence over Vatileaks scandal By The Associated Press Pope Benedict XVI broke his silence Wednesday over the leaked documents scandal that has convulsed the Vatican, saying he was saddened by the betrayal but grateful to those aides who wor

January visitor numbers up 166 percent over last year’s figures

NEARLY one million visitors arrived in The Bahamas in January, representing a 166 percent increase when compared to the same period last year, Tourism Minister Chester Cooper revealed in the House of Assembly yesterday.

Nassau/PI resorts enjoy 112% room revenue rise

Leading Nassau/Paradise Island resorts have revealed that 2022’s room revenue more than doubled year-over-year as the industry benefited from the post-COVID travel rebound.

Cruise port targeting 4.5m arrivals in 2024

Nassau Cruise Port’s top executive yesterday predicted that the facility will receive around 4.5m passengers in 2024, representing around a 12.5 percent increase on arrivals projected for the upcoming year.

Businesses suffer 15-30% energy cost increases

MAJOR Bahamas-based businesses yesterday said that have seen electricity costs surge as much as 15-30 per cent year-over-year during 2012 to-date, one telling Tribune Business the issue was the "biggest deterrent" to getting into - and running - a company.

Call for immediate ceasefire

JOINING the voices of non-governmental organisations, feminist movements, and activists all over the world, Equality Bahamas calls for an immediate ceasefire and an end to the occupation of Palestine by Israel.

The Tribune

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