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Bahamas cool over IMF interest rate rise nudge
THE Bahamas has reacted coolly to persistent nudging from the International Monetary Fund (IMF) that it should raise short-term interest rates to narrow the gap with those in the US.
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Chinese Lunar New Year’s Celebration
The Chinese Embassy to the The Bahamas hosted a Chinese Lunar New Year’s Celebration yesterday at the newly renovated British Colonial Hotel. The event, which showcased Chinese cuisine, cultural programs, and dances, was to mark the beginning of the “year of the dragon”.
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Digital payments double to $4.5m for November
BAHAMIAN digital payments transactions doubled in value to $4.5m for November 2023, the Central Bank disclosed yesterday, with mobile wallet holders increasing by 20 percent over the year’s first 11 months.
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Representative democracy
When we say that we have a representative democracy here in The Bahamas, are we simply flamming again, like that tale about the Governor General being the Head Of State? We all know that the Prime Minister runs things - even the selection (and de facto appointment) of the Governor General. This brings to mind that saying: The wrongest thing one could ever do is know a lie and think it true!
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'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.
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Bahamian overseas investments 'didn't quite hit' $250m prediction
Bahamian investments in international stocks, securities and real estate "didn't quite hit" the predicted $250m mark for 2023 "but came close", the Central Bank's governor revealed yesterday.
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'Decade of contraction' ends with $50m credit expansion
The Central Bank's governor yesterday revealed "a decade of steady contraction" in lending to the private sector was halted by 2023's $50.3m credit expansion although mortgage activity remained "subdued".
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Bahamas to grow 'in low 2% range' in '24
Improvements to workforce productivity and the ease of doing business are critical to boosting economic output with Bahamian GDP forecast to expand in "the low 2 percent range" in 2024.
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Governor: Profit repatriation tax would deter investment
The Central Bank's governor has warned against introducing a tax that solely targets profit repatriation on the grounds that it may deter foreign direct investment (FDI) into The Bahamas.
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Clubs & Societies January 24th, 2024
David Kirkaldy, governor of Rotary District 7020, paid a courtesy call on Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper on January 18 at the ministry’s offices. Director General of Tourism, Latia Duncombe was also in attendance.
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ERIC WIBERG: The Eleutheran Adventurers and William Sayle’s early days
THE story of the Eleutheran Adventurers is woven deeply into the fabric of national identity. The general themes are of escaping religious prosecution to take great risks by sailing to unknown shores – so far that is like the Puritan’s voyage in the Mayflower from England to New England’s Plymouth Rock.
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STATESIDE: Little suspense as Trump holds strong lead in GOP primaries
IT would be more fun and more interesting if the Iowa Republican caucuses and the New Hampshire GOP primary “race” had produced more suspense. The press would love that, because a real contest would get more people interested in their stories.
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DIANE PHILLIPS – Where oh where has the Girl gone?
THE striking man saddled up to the bar, cool, confident, and in a calm voice said to the bartender, “Gimme a girl.”
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Governor General marks first official visit to Grand Bahama
GOVERNOR General Cynthia “Mother” Pratt travelled throughout Grand Bahama and met Bahamians from all walks of life during her first official visit last week.
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ERIC WIBERG: Shipwrecks of The Bahamas – Highbourne Cay Shipwreck, Exumas, 1513 Iberian, Diego Miruelo, Ponce de Leon
THE night of Tuesday, September 23, 1513, was another boisterous one for a fleet of four heavily armed Spanish vessels returning from a mission to find Florida.
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Pineapple revival 'not as easy as throwing $2.5m'
A Bahamian pineapple farmer yesterday warned that the Governments ambitions to revive this agricultural niche will "not be as simple as just throwing $2.5m at it".
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DIANE PHILLIPS: Road to White House does not run through The Bahamas - What is Ron DeSantis thinking?
Florida Governor Ron DeSantis got lost on his way to the nomination for Republican candidate for US president in the 2024 election.
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EDITORIAL: DeSantis and his Bahamas rhetoric
What is RonDeSantis’ problem with The Bahamas?
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DeSantis says again he would ‘flatten The Bahamas’ if it attacked Florida
FLORIDA Governor Ron DeSantis again said he would flatten The Bahamas in a hypothetical war –– this time explaining it would take only 12 hours to get the job done.
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FACE TO FACE: The amazing people of 2023
I came face to face with some amazing people this year. It has been my pleasure to share their stories and hopefully inspire you, dear readers, to be more, do more, and love more.
