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‘Season survival’ fears on 50% lobster price plunge
Fears were yesterday voiced that some Bahamian fishermen “may not survive the season” as the industry seeks to “weather the storm” created by lobster tail prices plunging by up to 50 percent.
Voucher system to help children’s development
A CONTRACT for the universal pre-primary education, public private pre-school partnership programme was signed yesterday at the Ministry of Education.
FNM: Govt silent as Bahamas attacked on FTX
THE Free National Movement criticised the Davis administration’s delayed response to the collapse of FTX, adding that the reputation of The Bahamas is “under attack” due to the silence of the government.
‘Stellar 2023’: Crowdfunding platform targets $26m raises
A Bahamian crowdfunding platform yesterday predicted 2023 “will be a stellar year” for capital raises with investors seeking a collective $26m set to approach the market between now and end-March.
Former AG: Will exists to change sex offences laws
FORMER Attorney General Allyson Maynard Gibson believes that public officials have the political will to actually make changes to sexual offences legislation.
Bell hoping for amicable resolution over salaries
LABOUR and Immigration Minister Keith Bell yesterday said he is not concerned with the “rhetoric” being spread about union negotiations for public servants’ salary increases, adding he hopes for an “amicable” resolution.
Bahamas eyes travel ease for Saudi and Middle East
THE deputy prime minister has suggested that visa waivers and electronic visas will be some of the tools employed to boost travel to The Bahamas from Saudi Arabia and other Middle East states.
Phones and drugs seized in prison
SOME 400 cell phones have been confiscated by officers at the Bahamas Department of Correctional Services for the year as officials enhance their efforts to crack down on contraband smuggling.
‘Slap in the face’ on Dorian’s tax breaks
The Government was yesterday accused of delivering “a slap in the face” to Abaco and Grand Bahama by confirming that both islands’ present Dorian-related tax breaks expire today as scheduled.
Lettuce case price up 119% above ‘normal’
FOOD retailers yesterday warned that vegetable prices will continue to increase with the cost for a case of lettuce soaring by 119 percent compared to normal times.
Surveys begin over shanty towns issue
THE GOVERNMENT’S shanty town committee has started surveying several irregular communities in the country as it seeks to crack down on the growing problem, according to Works and Utilities Minister Alfred Sears.
Gov’t moves to expose small business ‘vision’
A CABINET minister says the Government is seeking to highlight “the ingenuity, talent and vision” of Bahamian entrepreneurs as part of small business month.
Aviation optimistic over ‘booked solid’ Christmas
BAHAMIAN aviation operators yesterday said they were optimistic a “booked solid” Christmas period will escape the flight delays and clogged airport ramp that impacted last year’s festive period.
‘Praying Santa can deliver’ end to Village Road works
Businesses at Village Road’s northern end yesterday said they are “hoping and praying Santa can deliver” an end to their frustration by New Year with ongoing roadworks having caused sales to plunge by 30-40 percent.
Gov’ts deficit jumps $75m but below full-year run rate
The Government incurred a $75m October deficit after it was yesterday revealed that monthly spending on goods and services more than doubled to drive a 24.5 percent year-over-year recurrent spending increase.
Brokers fret as Customs revenue $15m up on ‘19
Brokers yesterday warned the cost of clearing goods into The Bahamas will likely increase in the New Year as Customs revealed its revenue collections year-to-date have increased by $15m compared to pre-COVID levels.
BAIC eyes second industrial park plan
The Bahamas Agricultural and Industrial Corporation’s (BAIC) chairman has revealed a new industrial park will be created on Carmichael Road as the Government seeks a $50m credit line to further boost small businesses.
Minister contradicts press secretary on Village Road completion
DAYS after press secretary Clint Watson announced that work on Village Road should be completed by December 12, Works and Utilities Minister Alfred Sears said paving of the road is actually expected to last through the end of next month, but should be “substantially” completed before the start of the new year.
Elderly woman’s death at Exuma resort believed to be ‘accidental’
AN elderly American woman was found dead at a local resort in Exuma early Friday morning, with officials believing her death was “accidental”.
Bahamas beats pre-COVID tourism volumes by 25.8%
The Bahamas has finally beaten pre-COVID tourism volumes as higher-spending stopover visitor arrivals for September exceeded 2019 numbers by almost 26 percent, it was revealed yesterday.
