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Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
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Bahamas closes in on six straight
TEAM Bahamas drew closer to capturing its sixth straight and eight out of nine CARIFTA Swimming Championship title on day three of the four-day competition last night at the Betty Kelly Kenning Swim Complex.
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Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
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10 years of an undersea kingdom
THE Bahamas Reef Environment Educational Foundation (BREEF) is celebrating the tenth anniversary of the Sir Nicholas Nuttall Coral Reef Sculpture Garden and Coral Nursery (CRSG) - a testament to a decade of unwavering commitment to marine conservation and environmental stewardship.
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Andros fire rages on
FIRE services continued to manage the massive Andros forest fire after additional fire fighters from New Providence arrived on the island to assist.
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Gov’t and Opposition fight on GDP growth
THE Government and Opposition yesterday battled over what real GDP growth that fell below expectations for 2023 means for The Bahamas’ short-term economic prospects.
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‘All-Bahamian’ $30m hotel gets conditional go-ahead
The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.
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PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
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NIB’s $240m loss at COVID’s peak
COVID-19 has left the National Insurance Board (NIB) facing an “uphill lift” to recovery after plunging the nation’s social security system into a $240m loss at the pandemic’s peak.
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Restaurant soars thanks to TikTok star
A BAHAMIAN in Toronto, Canada, has seen her customer base triple since well-known food critic Keith Lee raved about her restaurant, Old Nassau, on TikTok.
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DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
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Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
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Albany developer’s Bahamas return after spared jail time
ALBANY’S principal investor was given permission to return to The Bahamas as early as yesterday after being spared jail time following his previous guilty plea to securities fraud.
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Dior-Rae Scott breaks CARIFTA record at final morning session
St George’s, Grenada: Dior-Rae Scott had a record-breaking performance in the under-17 girls javelin throw event on the final morning session of the 51st CARIFTA Games.
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Bahamians turn out to be baptised during ‘Reaping the Harvest’ weekend
More than 20 individuals gave their lives to Christ and were baptised by water in during a special weekend hosted by Life Changers Ministries International (LCMI).
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Partial solar eclipse this afternoon
A PARTIAL eclipse of the sun will take place today - and will be able to be seen from across The Bahamas.
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‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
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Gov’t u-turn on Nassau solar bidding deadline
THE Government has performed a u-turn over the deadline by which all bids on the New Providence renewable energy and microgrid project must be received, it can be revealed.
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‘Explosive’ hurricane forecast predicts over 20 named storms for 2024 season
THE Atlantic 2024 hurricane season, expected to begin in less than two months, has been forecast to be “explosive”, with weather forecasting company AccuWeather projecting 20 to 25 named storms, and eight to 12 hurricanes – with four to seven of those expected to be major hurricanes.
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$36m stadium repair to finish 14 days before World Relays
THE Chinese government is fully covering the $36m repairs to the Thomas A Robinson National Stadium, which officials expect to be completed at least 14 days before the World Athletics Relay.
