Story
Carnival’s Cruise Port project for Grand Bahama ‘on track’ for 2025
GRAND Bahama Minister Ginger Moxey said Carnival’s cruise port in Grand Bahama is on track to open in the summer of 2025.
Story
Restaurant chain eyeing 20% bond for expansion
A restaurant entrepreneur, who financed his expansion via crowdfunding, yesterday said he now plans to offer a short-term bond paying 20 percent interest to fund the $150,000 required for outfitting a third location.
Story
NIB rate increase called 'absolute balancing act'
A senior hotelier yesterday urged the Government to be "judicious" with the size of future National Insurance Board (NIB) contribution rate increases as he described the situation as "an absolute balancing act".
Story
A new home to give Yurie a new start
AN elderly disabled man was handed the keys to his newly built home on Deveaux Street yesterday, courtesy of Urban Renewal.
Story
Four honoured for their heroic actions saving a woman from a sinking car
THE Royal Bahamas Police Force gave four people bravery awards for helping to save Saniyah Penn, 16, from waters near Arawak Cay when a vehicle she was in went overboard and started sinking on October 22.
Story
'No fear of contradiction' on Govt $500m loan use
The Ministry of Finance's top official last night denied that a recent $500m loan was used to pay-off a maturing government bond as the Opposition raised renewed concerns over the financing.
Story
Stopover visitors exceed pre-COVID high by 30%
Stopover arrivals beat pre-COVID highs by more than 30 percent in September with the economy forecast to hold its “growth momentum” into 2024, the Central Bank said yesterday.
Story
Sir Franklyn: ‘Price deflation’s’ consumer confidence boost
A BISX-listed food retailer’s disclosure of “price deflation” in some product categories should inspire improved consumer confidence heading into 2024, a Bahamian businessman argued yesterday.
Story
Acting COP: Prosecution of police officers in major trial up to DPP
ACTING Commissioner of Police Leamond Deleveaux yesterday declined to react to the Coroner’s Court ruling that Azario Major’s police-involved killing was a homicide by manslaughter, stressing that the matter will be addressed by the Office of the Director of Public Prosecutions.
Story
Honouring our senior citizens
A LUNCHEON honouring senior citizens was held on Friday by members of the Royal Bahamas Police Force.
Story
WSC contractor killed as two shot dead over weekend
TWO men were killed in New Providence and Abaco over the weekend.
Story
Long Island developers hope for ‘quick’ approvals
Two developers targeting Long Island’s former Diamond Crystal plant with separate eco-tourism investments yesterday voiced optimism that the required approvals will be processed “very quickly”.
Story
Mortgage loan approvals decline to under one-third
Less than one out of every three mortgage loan applications was approved in the 2023 first half despite total credit applications to the commercial banking sector increasing by 9.4 percent year-over-year.
Story
Foreign vacation rentals face rising tax compliance burden
Foreign vacation rental owners face an increasing tax compliance burden with the Government handing them the responsibility of ensuring VAT is both levied on the rental income and paid to the Public Treasury.
Story
Pintard to PM: Probe Gov't 'late payments'
The Opposition's leader last night called for the Prime Minister to investigate as he doubled down on accusations that public servants, government contractors/vendors and the Family Islands are suffering "out of the ordinary" payment delays.
Story
Camperdown teams sweep Interscholastic Equestrian League spring term competition
THE Camperdown Equestrian Centre Blue Marlins emerged triumphant as champions in the final show of the Bahamas Interscholastic Equestrian League (BIEL) competition season, which took place at Camperdown Equestrian Centre last weekend.
Story
BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.
Story
Central Bank reviews $250m investment currency reforms
The Central Bank’s governor yesterday foreshadowed reforms to protect Bahamian retail investors from potential “headwinds” in an overseas investments market that is this year on track to exceed 2022’s $250m outflow.
Story
Inflation’s high but ‘not as frightening’
Inflation “may not be as frightening as it was a year to 18 months ago”, a governance reformer argued yesterday, despite food and beverage costs rising by almost 13 percent during the year to April 2023.
Story
Police criticised over delay of evidence being presented in Blair shooting inquest
THE coroner once again criticised the police as an inquest into the police-involved killing of three men in Blair Estates in 2019 resumed yesterday, calling it “unacceptable” that only eight of the 15 weapons officers used to kill the men were submitted as evidence.
