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Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

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Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

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Nassau/PI hotels ‘soon can’t take anyone else’

Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.

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Fund manager to be ‘little more defensive’

A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.

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Gov’t boost from moody’s $44m deficit miss forecast

MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.

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Poll finds nearly 90 percent against oil drilling

A SURVEY reportedly found that nearly 90 per cent of local respondents support legislation preventing fossil fuel exploration in the country, and 74 per cent want to transition to renewable energy.

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10 years of an undersea kingdom

THE Bahamas Reef Environment Educational Foundation (BREEF) is celebrating the tenth anniversary of the Sir Nicholas Nuttall Coral Reef Sculpture Garden and Coral Nursery (CRSG) - a testament to a decade of unwavering commitment to marine conservation and environmental stewardship.

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Commonwealth hails $63.5m profit amid 91% claw back fall

COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.

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BTC sponsors Blake Bartlett for World Relays

FOR the first time in its history of supporting sports, BTC is excited to announce that an employee is a member of the athletic team participating in the BTC World Relays Bahamas 24 May 4-5 at the Thomas A. Robinson National Stadium.

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‘Keep faucet open’ govt urged as real estate triples

The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.

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Restraint in politics and in government

ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.

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FRONT PORCH: Restraint in politics and government

ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.

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‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

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Tyesha Tynes a ‘stroke’ above the rest

Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.

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PM: Women not equal? ‘y’all ruling us, man'

PRIME Minister Philip “Brave” Davis rejects the United States’ observation about how women are treated in The Bahamas.

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DPM: Eleuthera airport woe ‘completely embarrassing’

The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.

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DPM: ‘Cracks’ showing in Briland’s tourism product

The deputy prime minister has raised the alarm that “cracks” are appearing in Harbour Island’s tourism product, as he warned: “Unless we manage the paradise we have we stand the risk of losing it.”

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Resort proprietor targets 60 jobs in two-hotel expansion

A Bahamian resort entrepreneur is aiming to double his total workforce by 60 jobs through the launch of two new boutique properties by year-end 2026.

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Ex-mp still free over $3m ‘life-altering’ money battle

A FORMER MP and ex-Supreme Court judge was yesterday said to remain free almost two months after police issued a ‘wanted poster’ for him over allegations he has failed to repay an investor more than $3m.

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Bahamians told: Invest into ‘big scale tourism’

More Bahamians must “invest in tourism big-scale”, the deputy prime minister is urging, challenging why this is not occurring given how “bullish” the country is on the industry.

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