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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.
Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
Minister hails gift of two container farms
The Bahamas Agriculture and Marine Science Institute (BAMSI) yesterday received two container farms to be placed in North Andros and Eleuthera from Bahamas-based grower, Eden Farms.
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.
East GB microgrids set to hire up to 50
Up to 50 workers will be hired for the proposed build-out of five solar microgrids designed to help “ease cost of living concerns” and entice former residents to return to Dorian-ravaged east Grand Bahama.
AG: BPL needs 400MW in new generation plant
Bahamas Power & Light (BPL) needs more than 400 mega watts (MW) of new generation capacity to address a “dire” situation requiring between 60-80 percent of its existing plant to be replaced within five years.
PM: National Youth Guard graduates 'on the front lines of new climate era'
Prime Minister Philip Davis cautioned the second cohort of officers dedicated to national emergency response that they will be “on the front lines during this new climate era” during a graduation ceremony yesterday.
RF: ‘No impact’ from core software dispute
RF Bank & Trust yesterday asserted that a dispute with its core software provider will “not in any way impact customer funds or overall operations” as it bids to resolve their differences.
BPL ‘shambles’: We pay now or pay later
The Bahamas Power & Light (BPL) “shambles” will only get worse the longer critical reforms are delayed, an ex-Chamber chairman is warning, as he added: “We pay now or we pay later.”
Laroda denies Social Services reducing food assistance rates
SOCIAL Services Minister Myles Laroda said his ministry is reviewing its food assistance programme to recommend “cost of living increases”.
Suicides down by 25 percent despite remarkable 86 percent rise in attempts
ALTHOUGH suicides decreased by 25 per cent in 2023 compared to 2022, attempted suicides increased by a remarkable 86 per cent, according to police statistics released yesterday.
‘One-stop solution’ to BPL woes re-floated
A “quick one-stop solution” for The Bahamas’ energy crisis was yesterday re-floated by a local attorney who argued it could resolve cost, reliability and environmental woes “within months”.
Apprenticeship initiative to get persons ‘off the streets’
The newly-launched apprenticeship initiative is designed to provide Bahamian companies with well-trained, certified employees at no cost to themselves as it bids to take persons “off the streets”.
‘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.
‘Most of BPL Plant obsolete in 5 years’
ATTORNEY General Ryan Pinder said 60 per cent of Bahamas Power & Light’s plant in New Providence and 80 per cent of its plants in Family Islands must be replaced in the next five years as engines reach the end of their useful life, a transformation that will cost almost $300m.
Four teams ‘in the hunt’ for GSSSA soccer title
Four teams remain in the hunt for the 2024 Government Secondary Schools Sports Association (GSSSA) junior girls and boys soccer championships.
NEXT STOP PARIS: Mixed relay team qualifies for Olympics
A new national record that was powered by a stunning second leg from 16-year-old rookie Shania Adderley helped to propel The Bahamas mixed 4 x 400 metre team to the 2024 Paris Olympics.
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