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Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
Bahamians conflict on broker’s US client pull
Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.
‘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.
IDB: Bahamas Internet costs, speed miss mark
Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.
The wreck of the HMS Conqueror near Rum Cay
THOUGH the lore of shipwrecks is often embellished, that of HMS Conqueror on Rum Cay often has the date, the destination, and basic historical facts reported incorrectly. It wrecked on 13 December, 1861 (not the 29th), it was not the first propeller ship in the Royal Navy (HMS Rattler was in 1842), and the ship was on its way to Bermuda, not Mexico. HMS Conqueror was a two-decked steam-screw (propeller) ship, first-rate, of the line, 240 feet long, 55 feet wide, and 34 feet deep.
Adapt to tourist profile so we ‘blow past’ 2019
Family Island hotels must adapt to a visitor demographic profile that has been flipped upside down over the past decade if they want to “blow past” pre-COVID numbers, a top tourism official is warning.
Bakery reveals record Easter hot-cross sales
A Bahamian bakery yesterday revealed it enjoyed its best Easter to-date by selling just under 600 dozen homemade hot cross buns.
GoFundMe seeks to help family after murder of former MP Saunders
THE FAMILY of Don Saunders is seeking to raise over $300,000 to pay off his housing debts and support his grieving wife and teenage children.
Bahamasair teams with TSA for faster security screening
Bahamasair says it has partnered with the Transportation Security Administration (TSA) to provide more efficient and seamless security processing for passengers flying to and from the US.
Nassau/PI selects new UK marketing partner
The Nassau Paradise Island Promotion Board (NPIPB) has selected a new marketing partner to represent the destination to the UK travel industry.
PM told GBPA’s owners: I have ‘no confidence’ in you
THE Prime Minster personally told the Grand Bahama Port Authority’s (GBPA) owners that he has “no confidence” in their ability to “realise the promise and potential of” Freeport.
Nassau/PI beating forecasts after ‘hair raising’ crime woe
NASSAU/Paradise Island resorts were yesterday said to “all” be beating expectations heading into the peak Easter weekend as the sector rebounds from the “hair-raising” crime alert fall-outs.
PI Straw Market relaunch to boost tourism’s authenticity
Senior Atlantis executives say the Paradise Island Straw Market’s relaunch, and creation of the accompanying Food Village, will provide tourists with more authentic experiences.
Bahamasair industrial deal raises pilot retirement age
Bahamasair and its pilots have agreed to raise the latter’s retirement age to 65 to alleviate any fears of labour shortages as part of Friday’s $500,000 industrial agreement.
Ex-civil service union boss: I urged pension reform two decades ago
A FORMER union leader says he recommended that civil service pensions be made contributory almost two decades ago as financial analysts warned “it’s all coming home to roost” over a forecast $3.5bn hole.
AG blasts ‘utter foolishness’ of France’s Bahamas blacklisting
The Attorney General has slammed France’s decision to keep The Bahamas on its national tax blacklist as “complete and utter foolishness”.
School breakfast programme expanded to five more schools
MORE than 2,000 students will receive free meals with the expansion of the National School Breakfast Pilot Programme in five more schools, according to Education Minister Glenys Hanna-Martin.
DPM: ‘Cracks’ showing in Briland’s tourism product
The deputy prime minister has raised the alarm that “cracks” are appearing in Harbour Island’s tourism product, as he warned: “Unless we manage the paradise we have we stand the risk of losing it.”
Resort proprietor targets 60 jobs in two-hotel expansion
A Bahamian resort entrepreneur is aiming to double his total workforce by 60 jobs through the launch of two new boutique properties by year-end 2026.
50% 'grease the wheels' bribe findings accurate
The Bahamian Contractors Association's (BCA) president says findings that almost half of firms seeking construction permits are asked, or expect, to pay a bribe are "accurate" amid a "grease the wheels" culture.
