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Water Corp racked up $40m supplier debts
The Water and Sewerage Corporation (WSC) racked up a $40m debt owed to its major reverse osmosis suppliers since Hurricane Dorian struck in 2019, an MP said yesterday.
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Gov’t’s ‘Fintech festival’ aiming to attract 3,000
The Government is planning to stage an “international Fintech festival” that will attract 3,000 industry executives to The Bahamas early next year and further boost this country’s digital asset ambitions.
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Business ‘blows up’ at Family Island resorts
The Bahamas Out Island Promotion Board’s (BOIPB) president yesterday said business for its member properties has been “blowing up” ahead of the traditional summer slowdown.
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Budget’s housing focus can be ‘windfall catalyst’
The Budget’s focus on stimulating home ownership “could be the catalyst that triggers an economic windfall” by boosting investor confidence in the wider economy, the Bahamian Contractors Association’s (BCA) president believes.
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Coral killer will ‘decimate’ tourism, fisheries sectors
The Bahamas National Trust’s (BNT) top executive yesterday warned that tourism and other coral reef-reliant industries will be “decimated” unless this nation rapidly arrests the spread of a killer disease for these key marine ecosystems.
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Gov’t eyes double return on ‘harsh health realities’
The Government plans to solve “the harsh realities” of Family Island healthcare by doubling the number of new and renovated clinics that will be overhauled via $45.5m in development financing.
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Grand Bahama to be ‘grand again’
A Freeport realtor yesterday affirmed transactions “are way up” due to revived buyer interest stemming from recent multi-million dollar investment project announcements, adding: “Grand Bahama is going to be grand again.”
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Bahamas ‘telling the story’ to its investors
The Government is focused on “telling the story about The Bahamas” and its post-COVID recovery to ensure international investors and markets retain confidence in the country’s debt, a Cabinet minister said yesterday.
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500 new healthcare hires
NEARLY 500 allied healthcare professionals will be hired by the government in an effort to shore up manpower resources, Health and Wellness Minister Dr Michael Darville said in the House of Assembly yesterday.
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Man shot dead at East Street plaza
A MAN was fatally shot on Friday at an East Street plaza as he was in the process of collecting someone.
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Gov’t allocates $4.5m for GB growth revival
A Cabinet minister yesterday said some $360,000 has been set aside to finance micro, small and medium-sized (MSME) businesses and entrepreneurs in Grand Bahama.
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FNM ‘in solidarity’ with Long Island MP
THE Free National Movement stands in solidarity with Long Island MP Adrian Gibson, party leader Michael Pintard said yesterday, adding the organisation was of the view that the parliamentarian was innocent until proven guilty.
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‘Christmas comes early’ for tourism with COVID easing
Tourism operators yesterday said “Christmas has come early” after the Government announced the elimination of COVID entry testing for vaccinated visitors and the Health Travel Visa with effect from this Sunday.
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Nurses heading to June 9 strike vote
BAHAMAS Nurses Union (BNU) is set to hold a strike vote on June 9 over an outstanding industrial agreement and a 40 percent scale increase.
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Electricity cost rise ‘pretty dangerous’ for economy
Bahamian businesses yesterday warned any increase in electricity costs will be “pretty dangerous” for an economy still recovering from COVID-19’s devastation, although some said spiking global oil prices make such a hike “inevitable”.
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Junior Baseball Nationals to christen Baillou Hills complex this weekend
THE Bahamas Baseball Association is expected to christen the refurbished Balliou Hills Sporting Complex this weekend with the return of the Junior National Baseball Championships.
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NEMA 'ready for hurricane season'
A CABINET minister says the National Emergency Management Agency (NEMA) is ready for hurricane season with $500,000 set aside.
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Gov’t to double uniform support
A Cabinet minister yesterday said school uniform assistance provided to vulnerable Bahamian families will increase by 100 percent in the upcoming 2022-2023 Budget year.
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‘Train’s left station’: MSC eyes cruise port’s owner
Nassau Cruise Port’s $300m transformation will not be disrupted by a shipping giant’s interest in acquiring its controlling shareholder, its chief executive asserted yesterday, adding: “That train left the station a long time ago.”
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FIBA Centrobasket: Bahamas gets 79-59 win over Turks and Caicos Islands
After a trio of lopsided losses to open the tournament, Team Bahamas responded with a pair of wins to conclude the group stage at the FIBA Under-15 Centrobasket Championships for boys. Team Bahamas defeated The Turks and Caicos Islands 79-59 yesterday at the Fernando ‘Rube’ Hernandez Coliseo in Gurabo, Puerto Rico.