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Don’t allow COVID apathy to ‘strangle economic rebound’

A top hotelier yesterday warned The Bahamas “must not allow apathy” to undermine the COVID fight, while admitting the surge in cases will make the Government “more tentative” over the further restriction easing sought by tourism.

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Bahamas urged: ‘Go back into the tourism business’

A prominent architect is arguing that The Bahamas must “go back into the tourism business for itself” to reverse the “dramatic drop” in its competitiveness versus faster-growing rival Caribbean destinations.

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BISX-listed Fund eyes restart for dividends after 15-year gap

The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.

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Bahamas First chair urges ‘exemption’ on insurance investing

Bahamas First’s chairman is urging the Government and Central Bank to give property and casualty insurers a “special exemption” to invest overseas and help improve their financial resilience to natural disasters.

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Tricky Russians

ActivTrades

EVEN many Russians cannot believe their eyes at the exchange offices in Moscow: The ruble is getting stronger and stronger. The Russian war of aggression against Ukraine, western sanctions, the mass departure of companies - all of this is weakening the country’s economy. On Thursday, for example, McDonalds announced the sale of its 850 stores to a Siberian businessman. This should also affect the ruble exchange rate.

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A legacy: Leah O’Brien of Cat Island

Timothy 1:3-5: 3 I give thanks to God, whom I serve with a clear conscience, as my ancestors did. I thank him as I remember you always in my prayers night and day. 4 I remember your tears, and I want to see you very much, so that I may be filled with joy. 5 I remember the sincere faith you have, the kind of faith that your grandmother Lois and your mother Eunice also had. I am sure that you have it also.

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Flowers ordered to pay ex-FML executive $120k

Craig Flowers’ FML web shop chain has been ordered to pay a former senior executive $120,000 plus interest after the Court of Appeal overturned a previous verdict relating to “irregularities” designed to inflate staff earnings.

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BOB shedding ‘haunted’ past with 20% growth goal for ‘23

Bank of The Bahamas top executive yesterday asserted it is moving beyond the bail-outs that “will forever haunt” the institution with predictions it will grow this year’s forecast $7m profit by a further 20 percent in 2023.

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Water & Sewerage supplier eyes expansion despite $18.5m debt

The Water & Sewerage Corporation’s main supplier is eyeing potential expansion possibilities on New Providence notwithstanding the $18.5m debt that the state-owned utility continues to owe it.

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HUBERT EDWARDS: The low growth, high debt trap

In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.

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PETER YOUNG: A fine British tradition

AS always, it was an impressive display of pomp and circumstance. In the grand surroundings of the House of Lords chamber in the Palace of Westminster in London, the State Opening of Parliament took place last week to mark the ceremonial start of the parliamentary year.

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Pintard: Govt needs to speak with one voice on VAT

FNM leader Michael Pintard says the government needs to clarify its position at the cabinet level on reducing Value Added Tax (VAT) on breadbasket items.

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IAN FERGUSON: A new vision for Grand Bahama

I had the honour and privilege of attending the groundbreaking ceremony for the Carnival Cruise Line’s port terminal for the island of Grand Bahama yesterday and what a celebration it was.

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Honour thy father and mother

The fifth commandment is often referred to as the first commandment with a promise: “Honour thy father and thy mother: that thy days may be long upon the land which the Lord thy God giveth thee.” (Ex. 20:12.)

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Man guilty of stealing groceries begs for help with drug problem

A MAN convicted for stealing groceries begged a Magistrate for help with his drug problem in court yesterday.

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Team Black Marlins Swim Club making big splash with support of CWCO

MAKING a big splash in the pool is a new local swim club with just 14 months under its belt, and already gold medal sanctioned.

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Eleuthera businesses: Disney jobs welcome but worry over wages

The Disney Lighthouse project would put Bahamians back in “slavery” if they keep wages low, a South Eleuthera business owner has claimed.

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Sentencing on guns must be addressed

It is almost laughable to read the daily editorials, columnists and social commentators agonising about the need to address the root causes of crime in our country, when we are apparently incapable of treating even the surface symptoms – like the widespread availability of guns.

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Police warning on fraud trends

THE Royal Bahamas Police Force has advised the public to be alert to fraud trends that are taking place in the country - one of which uses web shops to funnel money, while another lures victims under the guise of companionship and love.

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Retailers in pick-up for Mother’s Day

Florists and gift shops yesterday said they have been receiving “plenty of orders” with Mother’s Day fast approaching, adding that business volumes were holding up well compared to pre-COVID figures.