Story
Governor adjusts 2022 GDP growth to 6-8%
The Central Bank’s governor yesterday adjusted 2022 economic growth projections to 6-8 percent, with The Bahamas not expected to “fully erase” COVID’s impact before 2023 “at the earliest”.
Story
BTVI chief brands record donation ‘game changer’
The largest-ever donation received by the Bahamas Technical and Vocational Institute (BTVI) has been branded by its president as a “game changer” in narrowing this nation’s skills gap.
Story
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
Story
House dispute erupts over controversial water plant
A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.
Story
Debt, debt and debt
A past writer was spot on when he wrote and estimated that BPL’s bad accounts had to exceed $100m.
Story
‘Revenue rise fruit of FNM’s policies’
FORMER State Minister for Finance Kwasi Thompson said the former Minnis administration’s fiscal strategy is bearing fruit, citing a recent report that found that revenue performance surpassed $550 million in the first quarter of the fiscal year 2021/2022.
Story
VAT reforms to cap ‘huge’ refund liability
The proposed VAT reforms are designed to cap “huge” multi-million dollar refund liabilities owed by the Government to two major transhipment providers, it was revealed yesterday.
Story
Govt relaunches plans for training on Grand Bahama
GRAND Bahama Minister Ginger Moxey says the government has relaunched plans to facilitate training to increase the employment of certified Bahamians at the Grand Bahama Shipyard.
Story
‘Can’t account’ for all BAMSI set-up spend
The Christie administration’s investment in the Bahamas Agricultural and Marine Science Institute (BAMSI) could not be fully accounted for but may have hit $80m, an ex-minister affirmed yesterday.
Story
EDITORIAL: Can 150-year Royal Caribbean deal be changed?
IT IS interesting to see the Davis administration leap into action over the Royal Caribbean lease of Crown Land on Paradise Island.
Story
EDITORIAL: Time to get loud over climate change
CLIMATE change is a threat to our nation’s existence.
Story
EDITORIAL: Let the court decide on shanty towns
THE plans for free COVID tests are coming soon. The solution to the Cabbage Beach access row is coming soon. Plans for a “workable” wage are coming soon. The Grand Lucayan conclusion is coming soon.
Story
Gov’t to ‘swiftly’ probe GB Shipyard concerns
A Cabinet minister yesterday pledged to “very swiftly” investigate allegations that unvaccinated Grand Bahama Shipyard sub-contractors are being “replaced” by foreign workers.
Story
WORLD VIEW: World Bank recommendations not enough for Caribbean countries to prepare for new climate shocks
A NEW analysis by the World Bank provides a troubling analysis of the new shocks Caribbean countries can expect from the worsening effects of climate change, particularly as there is no slowing down in its magnitude. But, the recommendations place the entire burden of preparation for these new shocks entirely on the governments that are already faced with beleaguered economies.
Story
$6m claims jump drives Bahamas First into loss
Bahamas First has warned “it will take some time” to correct problems with its Cayman subsidiary’s life and health portfolio that have been blamed for a $6m-plus jump in claims payouts.
Story
Gov’t ‘reaching ceiling’ on debt
The Government may be reaching its debt limits given that such liabilities are now bigger than the economy, the Debt Advisory Committee’s head warned yesterday.
Story
‘Stressed’ oil explorer facing a $19m deficit
The oil explorer seeking to renew four drilling licences in Bahamian waters yesterday admitted it is in “a stressed financial position” with outstanding bills exceeding its cash resources by $19m.
Story
Amnesty write-offs ‘discourage’ good property taxpayers
A prominent realtor yesterday warned the Government’s frequent real property tax amnesties “almost discourage compliant taxpayers” from continuing to pay in full and on time.
Story
Port beats revenue forecasts by $1.5m
Nassau’s major commercial shipping port beat its original revenue forecast by almost $1.5m for its 2021 financial year, although profits declined by 7.7 percent year-over-year.
Story
KDK REPORT: Bad habits, bad health - how do we break the cycle?
EVERY human being has at least one physical characteristic they’d like to change or, in the very least, enhance. That demand has fuelled a multi-billion-dollar global make-up and skin care industry.
