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‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
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.
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.
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.
Resort proprietor targets 60 jobs in two-hotel expansion
A Bahamian resort entrepreneur is aiming to double his total workforce by 60 jobs through the launch of two new boutique properties by year-end 2026.
DPM: ‘Cracks’ showing in Briland’s tourism product
The deputy prime minister has raised the alarm that “cracks” are appearing in Harbour Island’s tourism product, as he warned: “Unless we manage the paradise we have we stand the risk of losing it.”
Bahamians told: Invest into ‘big scale tourism’
More Bahamians must “invest in tourism big-scale”, the deputy prime minister is urging, challenging why this is not occurring given how “bullish” the country is on the industry.
Major US agencies collaborating with BACSWN to bring PM's legacy to reality
IN an exclusive interview with The Tribune, Bahamas Aviation, Climate & Severe Weather Network’s President & CEO, Lyrone Burrows, with renowned US Aviation, Climate & Severe Weather Scientist, Professor Roelof Bruintjes, PhD, provided insight into how US National Centre for Atmospheric Research (NCAR), National Oceanic & Atmospheric Administration (NOAA); Aviation Weather Centre and Johns Hopkins plan to help bring Prime Minister Philip Davis’ aviation, carbon credits and health legacy to fruition.
NPBA Finals: Discount Distributors Rockets win Division One title
THE Discount Distributors Rockets added another chapter to their long-standing rivalry with the Commonwealth Bank Giants in division one play.
Cable ‘not rolling over and playing dead’ over Starlink
A senior Cable Bahamas executive pledged the group is “not rolling over and playing dead” as she was forced to defend its ability to compete with Elon Musk’s upstart Starlink satellite Internet service.
Lodge owner ‘can’t deal’ with BPL power outages
South Andros and Mangrove Cay residents yesterday urged the Government to “put their foot on BPL” after a 24-hour power outage knocked out all the area’s utilities and Internet service.
Don’t ‘erode’ public worker benefits in pension reform
The Government’s public sector pension reforms “must not erode the benefits” workers enjoy under their current scheme, a union leader is warning, while challenging if those impacted were consulted.
Pintard: Gang Bill may hurt innocent parents
CHARGING parents for harbouring children who are gang members will cause suffering for many good parents, Free National Movement leader Michael Pintard warned yesterday, adding that most parents do not know the double life their children may lead.
Airline says fix airport or we pull out of route
A Cabinet minister yesterday revealed that American Airlines threatened to pull out of its Governor’s Harbour route expansion if $6m in airport upgrades were not completed within two months.
GB medical school’s $25m expansion to give 200 jobs
A Grand Bahama medical school says its imminent $25m expansion will create 200 construction jobs as it dismissed a legal battle with its co-founder as “a distraction”.
CARIFTA TV payment cut in half on contract breach
An upfront $50,000 cash payment related to broadcasting rights for last year’s 50th CARIFTA track and field championships was cut by 50 percent after organisers breached the contract.
DPM: Bahamians will gain Royal Caribbean PI shares
The deputy prime minister yesterday clarified that, while details are still being worked out, the Government plans to offer equity ownership in Royal Caribbean’s Paradise Island project to Bahamian investors.
Pintard: Stop doing business with gangsters
FREE National Movement leader Michael Pintard warned the Davis administration not to sign contracts with businesses owned by gangsters, saying this would threaten the government’s reputation.
Mingoes pick Baha Jrs apart with 10-0 win
THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.
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