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$500m cruise port’s ‘strict preference’ for Bahamians
The US contractor managing landside construction for Carnival’s $500m Grand Bahama cruise port has pledged to give “strict preference” to Bahamians on all work that is put out to bid.
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PM is well suited for finance role
IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.
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Otabor named senior female athlete of 2023
With a strong showing in her first transfer collegiate season and a breakout year on the senior international scene, javelin thrower Rhema Otabor has emerged as The Tribune’s Female Athlete of the Year (2023).
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‘Coach Yo’ and Ole Miss Lady Rebels two conference wins away from making history
GRAND Bahama native coach Yolett McPhee- McCuin and the University of Mississippi (Ole Miss) Rebels are just two wins away from earning the most Southeastern Conference victories in the programme’s history.
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Contaminated oil a new blow to Andros power
A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.
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Foreign buyer VAT rise gains ‘90-day transition’
A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.
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Load shedding continues while BPL works to restore generation in North Andros
A WEEK after a catastrophic fire damaged Bahamas Power & Light’s facilities in North Andros, electricity has not been fully restored on the island.
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Munroe expects 90 per cent decrease in outpatient care when prison facility built
NATIONAL Security Minister Wayne Munroe said the Public Hospital Authority does not like prisoners receiving care at Princess Margaret Hospital –– one reason medical facilities will be built at the Department of Corrections.
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Gov’t awaits revenue ‘uptick’ on cruise tax
The Ministry of Finance’s top official says the Government’s revenues are on target with an “uptick” anticipated in the 2023-2024 fiscal year’s second half due to the hike in cruise visitor departure taxes.
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INSIGHT: Sound policy decisions over soundbites to tackle crime
A RECENT spate of shocking crimes – including sex attacks against elderly women – has prompted some familiar talk. We must be tougher on crime, tougher on criminals. Perhaps so – but in our reaction, we appear to be falling into an old trap of seeking to carry out action, any action, without regard to whether or not it really works.
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Bahamas ‘prioritises’ debt servicing over its people
The Bahamas has reached a point where the Government is prioritising interest payments on its $11.645bn national over services to its people, an investment analyst argued yesterday.
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BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
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Flamingo Air says employee reprimanded after plane door opens mid-flight
FLAMINGO Air said an employee had been reprimanded after the passenger door of its plane flew open mid-air during a flight.
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Rating agencies set ‘true north’ on Bahamas reform
International credit rating agencies have set “almost a true north” for The Bahamas to reach when it comes to key economic and fiscal reforms, a governance reformer argued yesterday.
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FTX Bahamas demanding $9.15bn from US affiliates
FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.
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Fourteen Clubs Golf Academy hosts first event of 2024
While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.
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Some Parliamentarians have STILL not disclosed
SOME elected officials have still not complied with financial disclosure requirements in 2023, according to Public Disclosure Commission Chairman Bishop Victor Cooper.
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$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
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Moody’s backs trimmed 3% Bahamas growth projection
Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.
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DIANE PHILLIPS: Swimming - when sport becomes survival
IN the darkness of pre-dawn, when most of us are pulling the covers over our heads finding a perfectly good excuse to snuggle right where we are for a few more minutes, Percy Knowles is preparing for his morning routine, the same as he has done for decades.
