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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.
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.
Commonwealth hails $63.5m profit amid 91% claw back fall
COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.
‘Showdown in Paradise’
The 2024 World Relays to be hosted on home soil at the Thomas A Robinson National Stadium is already shaping up to be exciting but officials added another layer of excitement with the launch of the pregame show “Showdown in Paradise”.
10 years of an undersea kingdom
THE Bahamas Reef Environment Educational Foundation (BREEF) is celebrating the tenth anniversary of the Sir Nicholas Nuttall Coral Reef Sculpture Garden and Coral Nursery (CRSG) - a testament to a decade of unwavering commitment to marine conservation and environmental stewardship.
No consumer respite despite inflation ease
As the tide of inflation in The Bahamas seems to be ebbing, it prompts reflection on what this means for the average Bahamian’s wallet.
Gov’t u-turn on Nassau solar bidding deadline
THE Government has performed a u-turn over the deadline by which all bids on the New Providence renewable energy and microgrid project must be received, it can be revealed.
‘All-Bahamian’ $30m hotel gets conditional go-ahead
The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.
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.
Andros fire rages on
FIRE services continued to manage the massive Andros forest fire after additional fire fighters from New Providence arrived on the island to assist.
New Era Gym Rats win GBABA title
THE Grand Bahama Amateur Basketball Association completed their best-of-five championship series at the St George’s Gymnasium on Saturday night.
Gov’t and Opposition fight on GDP growth
THE Government and Opposition yesterday battled over what real GDP growth that fell below expectations for 2023 means for The Bahamas’ short-term economic prospects.
‘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.
DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
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.
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.
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.
Freeport real estate sees 25% surge before market ‘explodes’
Freeport property sales and rentals were yesterday said to have increased by 25 percent in recent months as buyers seek to enter the market before it “explodes” from $2bn worth of investment projects.
Albany developer’s Bahamas return after spared jail time
ALBANY’S principal investor was given permission to return to The Bahamas as early as yesterday after being spared jail time following his previous guilty plea to securities fraud.
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.
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