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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.
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.
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.
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.
Tyesha Tynes a ‘stroke’ above the rest
Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.
Pedestrians intervene to stop woman jumping from the bridge
A WOMAN tried to jump from the Sir Sidney Poitier Bridge while holding her two-year-old daughter yesterday before pedestrians intervened to stop her before police arrived.
Johnson set to challenge Duane Sands for chairman
FORMER Yamacraw MP Elsworth Johnson said he has nominated himself for chairman of the Free National Movement, setting up a clash with incumbent Dr Duane Sands at the party’s upcoming convention.
Evan Fox ‘suffered a self-inflicted wound’, say police
POLICE said Evan Fox, a man who was reported missing last month before he was found dead near his truck in bushes of Frank Watson Boulevard, committed suicide.
Minnis nominates today, will challenge Pintard
FORMER Prime Minister Dr Hubert Minnis is expected to nominate himself to become leader of the Free National Movement today, setting up a highly anticipated race with the incumbent, Michael Pintard, at the party’s convention next month.
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.
‘There’s no hospital without physicians”
More than half of surveyed doctors feel the new $290m hospital is not “fiscally sound”, the Medical Association of The Bahamas (MAB) president said yesterday, as she warned: “There’s no hospital without the physicians.”
Poll finds nearly 90 percent against oil drilling
A SURVEY reportedly found that nearly 90 per cent of local respondents support legislation preventing fossil fuel exploration in the country, and 74 per cent want to transition to renewable energy.
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.
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.
‘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.
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”.
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.”
Judge rules on Wells’ LOI - ‘no case to answer’
A FORMER Cabinet minister’s decade-long ordeal over the Stellar Energy letter of intent (LOI) controversy was yesterday halted by the Supreme Court’s verdict that he has no case to answer.
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