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DEREK SMITH: Silicon Valley Bank’s failure shows risk management key
As a governance, risk and compliance professional, I must emphasise the importance of establishing a solid risk management framework to protect against possible catastrophic corporate failures. The current business environment is constantly evolving, and new risks are emerging. Therefore, adopting a robust risk management strategy is essential to protecting businesses from future uncertainties.
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.
Donna Vasyli 'plans to spend time with her family' after acquittal
AFTER being acquitted of the murder of her husband after a more than five-year long court battle, Donna Vasyli plans to spend time with her family before deciding what she wants to do with her life, according to one of her attorneys.
Clubs and Societies
THE Bahamas Red Cross Society Annual Fair is back. After three years of not being able to hold this popular Bahamian tradition, the 79th Annual Red Cross Fair will celebrate in unison with the country as the country celebrates its 50th anniversary of Independence.
DIANE PHILLIPS: The mystery of the missing medical test
THERE must be a million medical tests out there. You can check your blood type, heart rate, hearing loss, even your vestibular, whatever that is.
The story of the aircraft lost in The Bahamas
TRIBUNE readers may recall fifteen articles about Mailboats of the Bahamas in 2016. This new series about World War Two aircraft discoveries in our archipelago is similar, except the history is less static and more tactile.
Room capacity challenges as tourism numbers grow
TOURISM numbers are looking very promising ahead of spring break, according to Ministry of Tourism deputy director general Dr Kenneth Romer, who cited room capacity as a major challenge because of high hotel occupancy levels.
Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
Officials pay tribute to iconic hotelier and entrepreneur George Myers
TRIBUTES were made to former hotelier and “iconic” businessman George Myers at his state recognised memorial yesterday, with Prime Minister Philip Davis and other officials praising his tremendous contributions to the tourism industry.
Stopovers beat pre-COVID for first time in January ‘23
Monthly air arrivals exceeded pre-COVID figures for the first time in January 2023, a senior tourism official said yesterday, while revealing that stranded or in-transit passengers have been unable to find hotel rooms in Nassau.
Economic optimism ‘should be tempered with discipline’ says Halkitis
WHILE acknowledging the increase in government revenue, Economic Affairs Minister Michael Halkitis said optimism in the country’s economic growth should be tempered with discipline.
Chinese Embassy counters US claims (Updated with US statement)
THE CHINESE Embassy in The Bahamas has countered claims over the size of its embassy in the nation – and about its mission in The Bahamas.
DONNA VASYLI IS ACQUITTED: Jury clears Australian accused of murdering husband in Old Fort Bay
DONNA Vasyli was said to be “overwhelmed with joy” after she was acquitted of murder last night in the retrial for the 2015 stabbing death of her millionaire podiatrist husband Philip Vasyli.
Bail set at $2,000 for injuring woman
A MAN was granted $2,000 bail in court yesterday after being accused of injuring a woman last week.
Powerade Potcakeman Triathlon livens up Jaws Beach on calm day
THIS year’s Powerade Potcakeman Triathlon took place at Jaws Beach on a beautiful, calm day on March 5. Around 90 athletes entered the race with participants ranging from seven to 76 years of age.
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.
Raptors, Knights in lead after day 1
GSSSA TRACK & FIELD CHAMPIONSHIPS
Day one of the Government Secondary Schools Sports Association (GSSSA) Track and Field Championships ended with the C.H. Reeves Raptors and C.R. Walker Knights ahead of their respective divisions.
UPDATED: Bahamians to gain 49% stake in Royal Caribbean PI project
The Government last night said it has approved Royal Caribbean’s $110m Paradise Island beach club project after negotiating greater Bahamian ownership and entrepreneurial participation in the development.
Condo hotel tax now takes ‘effect’
The Bahamian resort industry was yesterday said to have “got 90 percent of our asks” over the new condo hotel tax which has now come into effect some eight months after it was first unveiled.
