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Gov’t denies BPL $5 late fee plans
The Government yesterday said it has “no intention of allowing Bahamas Power & Light” to impose an extra $5 charge on late-paying consumers and further burden struggling households.
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Gov’t eyes purchase of Freeport’s Bazaar
The Government is exploring the potential acquisition of Freeport’s derelict International Bazaar site as the location for its proposed African-Caribbean products marketplace.
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Get mad but have some remedies
Quite likely, someone is going to get mad about what I have to say here today. I wouldn’t be saying it if there wasn’t already a lot of madness all around us out there. So, the question might be ‘what am I hoping to achieve by writing this?’ Who knows? Maybe, not much. Nevertheless, by throwing this little, incy-wincy pebble of provocation, maybe it just might hit the right nerve. Instead of ignoring the plethora of madness enveloping us, perhaps a few more people will acknowledge it for what it is.
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WORLD VIEW: 1.5°C is upon us - are we prepared?
THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.
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Developer reassures Adelaide: ‘Heavy work’ to end this month
A BAHAMIAN developer yesterday pledged that noise and other nuisances impacting Adelaide residents should be over by month’s end, and asserted his project will “bring great value” to the area.
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Grand Bahama water regime enacted before rate rise disclosure
Grand Bahama businesses and residents yesterday said it was "amazing" that the island's new water regulatory regime appeared to have been implemented almost two weeks before they were warned of imminent rate hikes.
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‘Passing mark’ could spark Bahamas’ blacklist escape
A CABINET minister has signalled The Bahamas could escape the European Union’s (EU) tax blacklist within weeks after it received a “passing mark” over a key issue that prevented its removal in late 2023.
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Fidelity ‘not revising’ $16m profits target
Fidelity Bank (Bahamas) yesterday said it is “not revising” its $16m profit target for the 2023 full-year despite its bottom line for the first nine months slumping by 31.5 percent year-over-year.
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‘We must know what the heck is happening over GB airport’
Grand Bahama’s Chamber of Commerce president says “it’s absolutely critical we know what the heck is happening” with the airport redevelopment if Freeport is to position itself as a “city on the move”.
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‘Less dips’: Resort occupancy increases 10% for September
Resort occupancies for September are around 10 percent ahead of prior year comparatives, a senior hotelier revealed yesterday, adding that “we’re seeing less dips and valleys” in the tourism calendar.
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Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil
Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.
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Royal Caribbean to start PI site clearance
Royal Caribbean yesterday confirmed it is “right at the cusp” and aiming to begin site clearance for its $100m Paradise Island beach club this week with a Heads of Agreement signing “very close”.
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Separate GBPA's assets from regulatory functions
The Grand Bahama Port Authority's (GBPA) regulatory functions must be "separated" from its assets to prevent it self-regulating businesses owned by its shareholders, a Freeport hotelier urged yesterday.
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Gov’t striving to re-open Lucayan’s Breaker’s Cay
The Government has taken a "show me the money" approach with potential Grand Lucayan buyers at it works to open another part of the resort complex to support increased airlift to Grand Bahama, it was revealed yesterday.
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Doctors to slash nation’s 213-bed shortage by 32%
Doctors Hospital yesterday pledged it will slash The Bahamas’ 213-strong hospital bed shortage by almost one-third come 2025 through the opening of two new facilities.
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Bahamasair targets 20% capacity growth
Bahamasair is aiming to increase its fleet’s seat capacity by 20 percent come summer 2024 through adding two new jets, with its top executive describing the carrier as a “safeguard” for airlift and tourism.
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‘Folly’ to release PwC’s $357m GBPA research
A Cabinet minister yesterday asserted it would be “folly” for the Government to disclose evidence showing how the $357m payment demand issued to the Grand Bahama Port Authority (GBPA) was calculated.
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INSIGHT: Authorities in the spotlight - but where are the cameras?
A SERIES of stories in recent times have again raised questions over how people are treated who get caught up in dealings with our forces in uniform.
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Tourism reaps double digit summer growth
A senior hotelier yesterday asserted that the industry’s “greatest growth opportunity” lies in increasing room inventory with summer rates and occupancies ahead of 2022 comparatives by double digits.
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Further reforms ‘will ensure we are off’ EU and OECD blacklists
The Bahamas has been forced to change its economic substance reporting laws twice within a year “to ensure that we are off” the OECD and EU blacklists, the Prime Minister said yesterday.
