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Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
Rumour has it
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The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
Powerade Potcakeman Triathlon livens up Jaws Beach on calm day
THIS year’s Powerade Potcakeman Triathlon took place at Jaws Beach on a beautiful, calm day on March 5. Around 90 athletes entered the race with participants ranging from seven to 76 years of age.
Ground broken on $15m solar farm project
LUCAYA Solar Power Ltd. officially broke ground on its $15m solar farm project in Freeport on Friday.
GB Power ‘clawing way back’ in 25% profit rise
Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.
Island Relays Bahamas Spring University Track & Field Invitational this weekend in Grand Bahama
ALL six of the universities from the United States of America are now in Freeport, Grand Bahama to participate in Island Relays Bahamas Spring University Track and Field Invitational this weekend at the Grand Bahama Sports Complex.
EDITORIAL: Govt should be applauded for egg project
FOR many years, some farmers have felt that governments have only paid them lip service when it comes to giving the industry a solid footing.
January visitor numbers up 166 percent over last year’s figures
NEARLY one million visitors arrived in The Bahamas in January, representing a 166 percent increase when compared to the same period last year, Tourism Minister Chester Cooper revealed in the House of Assembly yesterday.
Nassau/PI resorts enjoy 112% room revenue rise
Leading Nassau/Paradise Island resorts have revealed that 2022’s room revenue more than doubled year-over-year as the industry benefited from the post-COVID travel rebound.
Air arrivals 100,000 off pre-COVID in ‘22
Air arrivals to The Bahamas in 2022 fell just 100,000 short of the 1.6m received in 2019 prior to the COVID-19 pandemic that shut tourism down for much of 2020 and 2021, it was revealed yesterday.
‘Golden Yolk’ scheme to make us self-sufficient
THE launch of the Ministry of Agriculture’s “Golden Yolk” initiative was hailed yesterday by Prime Minister Philip “Brave” Davis as “one of the first steps in a marathon toward a more resilient, self-reliant Bahamas”.
January tourists beat 2019 arrivals by 33%
The Deputy Prime Minister yesterday said January 2023’s tourism arrivals were some 210,000 ahead of comparatives from 2019’s “banner year” as The Bahamas bids to “meet or exceed” 20 percent growth targets.
FRONT PORCH: Reading and research key to integrity in journalism
GOOD journalism and well-crafted commentary play a critical role in public policy and political debates. They enliven and enlighten national dialogue.
Gov’t to create $15m SPV intermediary for egg plan
THE Government will create an off-balance sheet special purpose vehicle (SPV) to facilitate the $15m project designed to drive The Bahamas to 100 percent self-sufficiency in egg production.
Gov’t to create $15m SPV intermediary for egg plan
THE Government will create an off-balance sheet special purpose vehicle (SPV) to facilitate the $15m project designed to drive The Bahamas to 100 percent self-sufficiency in egg production.
Gov’ts Central Bank debt soars 85% on IMF SDRs
The Government’s controversial borrowing of IMF special drawing rights (SDRs) reversed five years of decline by causing its net debt to the Central Bank to soar by 85.4 percent to $805.6m.
Farmer: ‘Blowing smoke’ of 30 years seems over
A Bahamian poultry farmer last night voiced optimism that the Government is finally serious about ending three decades of “blowing smoke” on food security as it formally unveiled its $15m egg self-sufficiency ambitions.
Condo hotel tax now takes ‘effect’
The Bahamian resort industry was yesterday said to have “got 90 percent of our asks” over the new condo hotel tax which has now come into effect some eight months after it was first unveiled.
Cotton Bay revival targeting $12m yearly wage, tax boost
REPRESENTATIVES of the developer behind the Cotton Bay Club’s $200m revival have forecast that the project will generate an annual $12m economic impact in wages and taxes alone when fully operational.
DIANE PHILLIPS: When things go wrong, Consumer Protection Commission indeed helps
IN EARLIER days, I dreamed of solving problems. Not the big ones like ending world famine or creating world peace.
