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Port’s profits to decline 7% despite pre-COVID bounce
Nassau’s major commercial shipping port is forecasting a 7 percent year-over-year profit decline for 2022 despite predicting container volumes will return to pre-COVID levels in the first quarter.
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‘Going legal’ is worth just $5m
THE country stands to reap the greatest benefit from the full legalisation of marijuana production, sale and use with state control, according to CARICOM’s regional report, which estimated net benefits for The Bahamas was about $5.5m.
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Insurer at the 'mountain top'
A Bahamian insurer yesterday reached “the mountain top” after being upgraded to the industry’s highest-possible financial strength rating, revealing that its 50 per cent profit retention policy had ‘paid dividends’.
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Port's profits slump 65% during COVID
Nassau's main commercial shipping port suffered a 65 percent or $3m year-over-year profits slump during the first five-and-a-half months of the COVID-19 crisis, its top executive revealed yesterday.
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Businesses face ‘major supply chain disruption’
Bahamian businesses were yesterday warned to brace for “significant supply chain disruption”, with no freight vessels arriving at Nassau until possibly “late next week”.
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Eugene Horton seeks another term in office as BBF president
WITH some unfinished business since moving up from first vice president to president during the middle of the past four-year term in office, Eugene Horton will be seeking another tenure at the helm of one of the country’s most fledgling sporting bodies.
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Freeport ‘FLIPs’ over mega hardware store
Freeport business owners fear they will be “wiped out” by a new mega hardware store that is allegedly owned by the Grand Bahama Port Authority’s (GBPA) new foreign partners.
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Local investors blast Govt's 'wall of silence'
A BAHAMIAN investor group is slamming the 20-year “wall of silence” surrounding its “one-stop” Road Traffic solution, arguing that it has been deliberately shut out of national development.Franklyn Robinson and Charles Beneby, principals in Bahamas A
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Sporting leaders’ sneak preview for year 2024
As the sporting bodies prepare for the 2024 season, leaders of various local associations and federations expressed their views on what they anticipate to do in their respective disciplines.
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