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Gov’t pledges law change over its $233m borrowing
The Government has promised to change the law to facilitate its “use” of $233m in International Monetary Fund special drawing rights (SDRs) that have for the past 16 months boosted The Bahamas’ foreign reserves.
THE KDK REPORT: A house divided
SEVERAL years ago, a palliative nurse in Australia wrote a book detailing the top five regrets of individuals on their deathbed.
BID is ‘missing piece’ of downtown’s puzzle
The Downtown Nassau Partnership’s (DNP) co-chair says the creation of an authority to truly manage the city is “the missing piece of the puzzle” with his group having achieved “80 percent of what we set out to do”.
Hotels eyeing ‘unprecedented forward bookings’ during 2023
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.
McKay Jr and Saints on a roll
AFTER some good Bahamian cooked meals and some quality time with family and friends, Gregory McKay Jr returned to Limestone University and helped the Saints men’s basketball team to two straight victories.
One Eleuthera Foundation: Food for thought about food sustainability in The Bahamas
I recently came across a document that I wrote in the early days of the COVID-19 pandemic when the world was in turmoil due to lockdowns and many of the distributions systems that we took for granted for many years were shutting down.
FACE TO FACE: Leading light in American football for The Bahamas
AMERICAN football has yet to become as big as it could be in The Bahamas. Even though thousands of Bahamians energetically follow the NFL and anticipate the Superbowl, football is not a major sport in this country.
Atlantis basketball official launch on February 6
THE Atlantis Basketball League’s 2023 official launch is set for February 6 at 6:30pm when there will be an opening ceremony at The Betty Cole Park. All games are open to the public and Atlantis staff for the entire season which ends April 28. Games will be held every Monday, Wednesday and Friday at 6:30pm for the first game and 9:30pm for the final game of the day.
Fiscal Council’s reports ‘not a flip of the switch’
A Fiscal Responsibility Council member yesterday said there was nothing sinister about the body’s delayed publication of two key reports, and asserted: “This is not a flip of the switch.”
Towing fare increase could heighten risks
Automotive repair shops yesterday voiced concern that the 67 percent, or two-thirds increase, in standard towing fees could prompt Bahamians to take more risky measures to move broken down vehicles.
‘Be careful how world eyes Freeport change’
THE GRAND Bahama Chamber of Commerce’s president yesterday warned that the Government must pay attention to how its actions are perceived by potential investors as it strives for major in Freeport’s governance.
‘All back to normal’ assures airport authority
THE chairman of the Airport Authority yesterday allayed fears of further flight delays in New Providence following delays at the airport last week and international reports of grounded flights in the United States due to computer outages.
MLB The Show ‘23 cover athlete is Marlins’ Jazz Chisholm
MIAMI (AP) — Jazz Chisholm Jr, the Miami Marlins’ euro-stepping, home-run blasting all-star, has goals beyond his impressive stats. With every stolen base and acrobatic catch, Chisholm hopes to have an impact on the next generation of players.
Water Corp’s $84m taxpayer subsidy three times’ budget
TAXPAYER subsidies to the Water & Sewerage Corporation in 2022 hit $84m, more than three times the sum budgeted, as the state-owned utility seeks to develop a plan that makes it financially viable.
Towing prices up – but businesses say it stops job cuts
TOWING businesses said although the recent price rise in towing services may deter some customers, it ultimately benefits business by preventing downsizing of staff.
Platinum Knights march to GB victory
PLATINUM Knights captured its fifth consecutive win in the New Year’s Day Junkanoo Parade in Grand Bahama, dominating with a lead of more than 130 points ahead of rival Superstar Rockers.
Super yacht ambitions to boost cruise port margins
Nassau Cruise Port’s chief executive is optimistic that its “super yacht destination” ambitions and full opening will significantly improve operating income margins that are currently among its parent’s lowest.
‘Settle down’ before tax crackdown tie-in
The Government should allow the corporate real estate market to “settle down” before seeking to tie Business Licence renewals to property tax compliance by commercial landlords, a prominent realtor argued yesterday.
‘Sooner the better’ over BPL base rate increase
Bahamas Power & Light’s (BPL) chief executive yesterday warned the utility’s base tariff rate must ultimately increase to offset “diminished returns”, adding: “The sooner, the better.”
Hayward backs bid to ‘reimagine’ GBPA
A Hayward family member yesterday pledged “an ambitious masterplan for change” to create “thousand of jobs” in Freeport as he backed efforts “to reimagine and revolutionise” the Grand Bahama Port Authority (GBPA).
