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PM: $20m 'pipeline' of local investments
The Government-sponsored venture capital fund is expected to create 130 local jobs via $1.5m in combined equity financing that has been injected into seven Bahamian businesses.
‘Buddy’ makes NBA history: Becomes the fastest player to reach 1,000 career 3-pointers
On his best shooting night of the season, Chavano “Buddy” Hield remained his harshest critic despite adding another three-point milestone to his résumé.
Tennis ace Sydney Clarke and Blazers earn 2nd straight victory
FRESHMAN Sydney Clarke and her University of Arlington at Birmingham Blazers women’s tennis team picked up their second consecutive victory over the weekend.
WORLD VIEW: US–Cuba normalisation could increase production of COVID-19 vaccines
IF US President Joe Biden eases the trade embargo against Cuba, one benefit to developing countries, including the Caribbean, could be greater access to coronavirus vaccines at an affordable price.
32 new cases and one more death confirmed
THIRTY-TWO new COVID-19 cases and one more virus-related death were recorded in the country between Friday and Saturday, pushing the nation’s tally to 8,551 with 980 of those cases still active.
Marinas eye ‘five-fold’ yacht charter growth
A SENIOR marina executive says he expects The Bahamas’ yacht charter business “to grow five-fold within the next five years” based on rapidly-increasing interest in the destination.
GB Shipyard to be ‘biggest Caribbean industrial’ player in $100m investment
The Grand Bahama Shipyard will become “the biggest industrial concern in the Caribbean by far” if it proceeds with a $100m-plus investment to build the world’s largest floating dock.
Carnival awaiting permits for GB ‘crown jewel’ start
A senior Carnival Corporation executive yesterday voiced optimism that construction on its Grand Bahama “crown jewel” can still start this year despite the pressures imposed by COVID-19.
Marina chief hits at increased red tape
The Association of Bahamas Marinas (ABM) yesterday voiced frustration that the entry process for incoming boats and yachts has been made “more complicated and difficult” for 80 percent of the market.
Ex-finance minister says income tax 'stable' choice
An ex-minister of state for finance yesterday backed income tax as a more "stable" and equitable alternative to the present regressive structure that is dominated by VAT and import duties.
Brewery’s $1.331m loss exposes COVID fall-out
Commonwealth Brewery yesterday unveiled a negative $11.685m bottom line reversal as full-year 2020 revenues slumped by 28.4 percent due to COVID-19’s economic devastation.
Bahamian student athletes take NCAA Division I spotlight
CHARLES Bain’s scoring output since last week’s senior night has been his best stretch of the season to highlight play from Bahamian student athletes in NCAA Division I basketball last weekend.
WORLD VIEW: Don’t take the vaccine and all you’ll do is prolong this crisis
PEOPLE in the Caribbean who refuse to take vaccinations to counter the corona virus will cause the COVID-19 pandemic to remain longer in the region, endangering lives, livelihoods, and entire economies.
McAlpine ‘aware’ of FNM interviews
PINERIDGE Member of Parliament Frederick McAlpine said he is “aware” of reports the Free National Movement is interviewing candidates in Nassau to receive a nomination to represent the constituency in the next election.
Stopover visitors off 100,000 for January
The Bahamas saw January visitor arrivals fall by more than 100,000 or 84 percent, a Cabinet minister disclosed yesterday, with COVID travel protocols set to remain until vaccination levels hit 80 percent.
Auto dealers brace for 70% orders fall
New car dealers are warning that the government’s tax earnings from the industry will be severely reduced with 2021 orders expected to be up to 70 percent off compared to pre-COVID levels.
Banks: 25% never verified Building Code compliance
The Central Bank is urging all licensees to ensure their offices can withstand a Dorian-type Category Five hurricane after 25 per cent said they had never confirmed Bahamas Building Code compliance.
Knowles and Coleby enjoying win streaks
BOTH Zane Knowles and Dwight Coleby are currently enjoying win streaks for their respective clubs in the Turkish Basketball First League with just a few weeks remaining in the regular season.
Bahamas’ FIBA 2022 AmeriCup qualification bid comes to an end
TEAM Bahamas experienced another fourth quarter collapse against Puerto Rico and saw their FIBA 2022 AmeriCup qualification bid come to an end.
Airlift concerns on Lucayan's re-open
Grand Bahama businesses yesterday identified the island's lack of airlift as a major obstacle to the Government's plans to re-open the Grand Lucayan resort on March 25.
