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$500m resort project to do ‘wonders’ for Exuma
THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.
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PM pays tribute to Commodore Leon Livingstone Smith
PRIME Minister Philip “Brave” Davis along with other officials joined family and friends in celebrating the historic life of retired Commodore Leon Livingstone Smith on Friday.
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VAT health claims change ‘may’ not happen April 1
The Government “may not” implement the new VAT treatment for medical insurance claims payouts by its April 1 target, it was revealed yesterday, with the decision hinging on a meeting with healthcare stakeholders later this week.
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‘Good morning, I’m Ed Bethel’
“Silence! Silence? In this house”,
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GB to Abaco power cable ‘fraught with complications’
Grand Bahama Power Company’s top executive says running an electricity cable to Abaco is “fraught with complications” and remains a “longer-term opportunity” it plans to explore.
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Debt-to-GDP lowered by a fifth, reports govt
PRIME Minister Philip “Brave” Davis commended his administration’s fiscal performance compared to that of the former administration’s pre-pandemic levels, telling the Opposition: “There is a reason why we are here and you there.”
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GBPA signs $15m solar farm deal
A $15M SOLAR farm will be constructed on Grand Bahama, making it the first of its kind in The Bahamas.
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GB Power secures ‘best solar rate in Caribbean’
Grand Bahama Power Company believes it has obtained “the best rate in the Caribbean” with its first solar energy deal with an independent provider, its top executive has revealed.
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FNM chair: VAT health claims change ‘insane’
The FNM’s chairman yesterday branded the proposal to change the VAT treatment of health insurance claims as “absurd, insane and inane”, warning that it will “destroy” the medical sector if implemented as originally planned.
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250 jobs to come in Exuma project
A new $500m project for Exuma promises to boost that island’s tourism and spark significant job growth.
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UB Mingoes take bite out of Great Whites 81-64
THE University of The Bahamas men’s basketball team slowly warmed up against The Zulu Media Marketing Great Whites in New Providence Basketball Association action Saturday night at The A.F. Adderley Gym. And just like the previous two straight wins, The Mingoes finished strong to pick up the 81-64 win – the team’s third straight win.
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DIANE PHILLIPS: Curing PMH’s ills one blanket at a time
How do you fix a problem that costs 20 times more to run than the revenue it generates?
PRINCESS Margaret Hospital is in poor financial health. And that is being kind.
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Apprenticeship Act overhaul for school leaver skills boost
Efforts are underway to overhaul The Bahamas’ apprenticeship legislation by modernising it for the 21st century and ensuring school leavers graduate with employable skills that are properly certified.
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GB Power ‘clawing way back’ in 25% profit rise
Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.
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December air arrivals up 13% on pre-COVID
Stopover visitors for December 2022, which included the peak Christmas and New Year's tourism period, more than doubled year-over-year to beat the industry's pre-COVID performance by almost 13 percent.
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PI entrepreneur ready ‘at stroke of PM’s pen’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”
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Gas station dealers mulling shut down
Gas station dealers are mulling a sector-wide shutdown this month amid growing concern about the ability of the industry’s fixed price controlled-margins business model to cope with a variety of cost increases.
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GB to Abaco power cable ‘doable’ but more needed
THE Grand Bahama Chamber of Commerce president says supplying power from the island to Abaco via an undersea electricity cable is “doable” but more details are required on the initiative.
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Receivables fear if VAT health claims change
A prominent doctor has voiced fears that medical practitioners will have to pay VAT if their patients cannot afford to do so should the Government persists with the changed tax treatment of health insurance claims payouts.
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Two arrests after drugs found in separate incidents
Two men have been arrested in two separate incidents, after they were found in possession of dangerous drugs on Saturday.
