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'US laws' hit cruise line's Bahamas ticketing policy
A cruise line popular with Bahamians yesterday disclosed that US "laws and regulations" have forced it to stop selling one-way tickets for voyages out of Freeport to West Palm Beach.
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Central Bank: ‘Stay alert’ on credit card fraud rise
The Central Bank is urging Bahamians “to stay alert” due to an increase in credit card fraud incidents.
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RBC acts to reverse ‘double payments’
ROYAL Bank of Canada (RBC) last night pledged it is “working diligently” to reverse payments where customers were charged double for the same transaction.
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Water Corp debt to main supplier grows to $16.6m
The Water & Sewerage Corporation's outstanding debts to its main BISX-listed reverse osmosis supplier increased slightly to $16.6m during the 2023 first quarter despite government pledges to eliminate this, it was revealed yesterday.
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Tourism engaging Margaritaville at Sea to reverse GB ticket decision
THE Ministry of Tourism, Investments & Aviation said it is engaging Margaritaville at Sea to reverse its decision to no longer allow trips from Grand Bahama to Florida, calling the service essential to Grand Bahama residents.
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‘Non-controllable’ cost surge blocks bank matching 2022
Commonwealth Bank believes it would have come close to matching 2022’s “extraordinary” nine-month profitability had it not been for $3m in new Business Licence fees and utility costs “more than doubling”.
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WSC worker killed as water tank collapses
A 42-year-old Water and Sewerage Corporation employee died during a freak accident in Sweeting’s Cay over the weekend.
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National debt shrinks $77m in third quarter
The Bahamas’ national debt shrank by almost $77m during the 2023 third quarter but this proved insufficient to reverse the total $400m-plus growth incurred over the prior 12 months, it was revealed yesterday.
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Separate GBPA's assets from regulatory functions
The Grand Bahama Port Authority's (GBPA) regulatory functions must be "separated" from its assets to prevent it self-regulating businesses owned by its shareholders, a Freeport hotelier urged yesterday.
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Hotel expansion: ‘All our fears come true’
Two prominent Bahamian businessmen yesterday voiced fears their area’s property values will be undermined if a Bahamian hotel’s planned expansion worsens existing traffic and noise woes, adding: “All our fears have come true.”
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Bail for man accused of shop breaking
A MAN was granted $5,000 bail after he was accused of breaking into the same shop twice in Cat Island earlier this month
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Hotel Union protests firing of Atlantis shop steward
BAHAMAS Hotel, Catering and Allied Workers Union (BHCAWU) members protested in front of the Department of Labour yesterday after Atlantis terminated the resort’s chief shop steward.
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Briland ‘emergency’ over utility outages
Briland residents were yesterday said to be holding an “emergency meeting” after power and water outages disrupted the tourism hot-spot’s Thanksgiving and run-up to the peak winter season.
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Delay dividends to give bigger payout, BOB told
Bank of The Bahamas should have waited to pay a more substantial dividend than its recent one cent per share declaration after a 49.6 percent jump in profits, an investor argued yesterday.
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Bet on web shops
I am by no means a proponent of our web shops and more so, how they came to legitimacy following a plebiscite which clearly said the Bahamian people were against them being legitimised.
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Rating of ‘banned’ film under review
THE Film Control Board’s controversial decision to ban an anime movie could be reversed pending a review by the Ministry of Youth, Sports and Culture and the Office of the Attorney General.
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Moody’s 3% growth forecast ‘not strange’
A former Cabinet minister yesterday said Moody’s forecast of 3 percent economic growth for The Bahamas in 2023 is “nothing strange” and reflects the country’s reversion to traditional performance after the post-COVID recovery.
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Show your support, shop locally
1000% support import substitution only wish the biggest substitution would occur… Shopping in Miami Substitution but then, so the officials say, that is a divine right. Local production must never cause inflation and exorbitant increase in comparison pricing of foreign against local.
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Man charged with stealing $5k of cigarettes from shop
A MAN was ordered to pay $5,000 bail after being accused of a shop break-in in Eleuthera that led to the theft of more than $5,000 worth of cigarettes.
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GBPA: We’ll fight govt over demand
THE Grand Bahama Port Authority (GBPA) yesterday blasted the Government’s huge payment demand as ill-founded by arguing that Freeport’s $200m annual tax revenues far exceed what government invests in the city.
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