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Work permit clampdown in restaurants, construction

LABOUR Director Robert Farquharson says his department has denied labour certificates in all restaurant manager applications and in the vast majority of applications for construction site supervisors and project managers since September, preventing the applicants from getting work permits.

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What future for little-used Ayton?

DEANDRE Ayton played sparingly in his Phoenix Suns’ worst playoff loss in franchise history which prompted many to revisit a lingering and unresolved contract negotiation between the team and its former no.1 overall pick.

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Family tree chopped down by the rules

This will come as a shock to all members of Ancestry DNA, who are involved in building family trees.

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Tavario Miller and Zane Knowles in playoffs

Two Bahamian senior men’s national basketball team players got their postseasons off to successful starts.

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Delinquent mortgage buyer gives insurer $8m ‘windfall’

A Bahamian insurer yesterday said it is targeting a 15 percent profit increase for 2022 once the $8m “one-off windfall” it enjoyed last year from its investment in a delinquent mortgage buyer is stripped out.

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BISX-listed Fund ‘stabilises’ with commitments for $8m

The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.

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Warning as container costs to double

Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.

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What Next for Cryptos?

ActivTrades

As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

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Back with a win as Isaacs Jr rejoins New Jersey Jackals

TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.

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Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

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IMF urges Bahamas to stick to 50 percent debt ceiling

The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.

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Armando Moss qualifies for triathlon ahead of the Commonwealth Games

A RAINY weekend in New Providence held up just long enough for the Bahamas Triathlon Association to crown new champions in the return of its National Championships which served as both a CARIFTA and Commonwealth Games qualifier.

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EDITORIAL: A deal that’s been a long time coming

THE announcement of the buyer for the Grand Lucayan Resort has been long coming.

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Aliv: Third mobile player will damage consumers

Aliv is urging regulators to stop viewing the mobile market as “silos” in its approach to over-the-top (OTT) services such as What’s App, while warning that permitting a third market entrant could undermine investment in 5G technology.

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EDITORIAL: Resisting temptation to break the law

THERE was quite a startling admission from Environment Minister Vaughn Miller yesterday.

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New NAD fees hailed as ‘lot less onerous’

The private aviation industry yesterday hailed the Nassau Development Company’s (NAD) alterations to the new fees imposed on it as “a lot less onerous” compared to what was originally proposed.

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Reform pensions now - or elderly will be left with nothing

The International Monetary Fund warns that a “significant” share of the elderly would be without pensions if reform to the pension system is not dealt with immediately.

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‘We are going to have to play together’

Deandre Ayton looks ahead to game 6 against Mavericks

The Phoenix Suns have an opportunity to clinch a second consecutive berth to the Western Conference Finals but Deandre Ayton said he expects tonight’s game six matchup to be one of the toughest in the series.

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Mako Swim Club wins Alpha Aquatic Spring Invite

THE Mako Swim Club carted off the overall title in the Alpha Aquatic Spring Invitational held at the Betty Kelly Kenning Swim Complex over the weekend.