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US donates generators and reverse osmosis systems to NEMA for shelters
THE United States government donated 28 generators that will be deployed to shelters in seven Family Islands and six reverse osmosis systems.
Harbour Bay parking
Annoyance is a mild description when trying to shop at Harbour Bay Shopping Centre – where do the potential shoppers park?
Investors in $18m boost as bank beats target 10%
Commonwealth Bank yesterday said it beat 2022 profit targets by 10 percent as it used its record net income to return $18m to shareholders via two extraordinary dividend payments.
Officers who assaulted two Haitian migrants on paid leave pending investigation results
THE immigration officers who attacked two Haitian men in a barber shop last month are on paid administrative leave. Immigration Minister Keith Bell said yesterday the investigation into their matter is ongoing and will take “as long as necessary” to ensure the right outcome.
Man sentenced to three years after pleading guilty to firearm charges
A MAN was sentenced to three years in prison yesterday after he admitted to having two loaded firearms in 2021 and 2022.
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.
SERIAL THIEF JAILED FOR TWO YEARS AND FINED FOR DRUGS
A SERIAL thief was jailed for two years yesterday after he admitted to his latest attempted raid last year.
Mixed reaction to Royal Caribbean’s PI project
Bay Street merchants yesterday gave a mixed reaction to the Government’s approval of Royal Caribbean’s Paradise Island beach club with some fearing it will suck tourists away from downtown and others arguing it will improve the product.
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.
Excess bank liquidity at $2.8bn by end-January
BAHAMIAN commercial bank surplus liquidity almost hit the $2.8bn mark at end-January 2023 even though the decline in the industry’s deposit base outpaced the contraction in domestic credit, it was revealed yesterday.
Davis’ change of view on RCI ‘due to revised plans’
PRESS secretary Clint Watson said Prime Minister Phillip “Brave” Davis’ earlier position on Royal Caribbean International’s proposed Royal Beach Club project when he was in opposition was “based on what the circumstances were at the time”, claiming Mr Davis changed his mind after the cruise line revised its initial development plans.
No political will to deal with SOEs ‘black hole’
A FORMER minister of state for finance has lamented that “there is no political will” to reform loss-making state-owned enterprises (SOEs) and cease throwing taxpayer monies down a “black hole.”
‘Big mistake’ over Junkanoo Beach
The Downtown Nassau Partnership’s (DNP) co-chair yesterday said a “big mistake” has been made over the way Junkanoo Beach has been allowed to develop.
CARIFTA exhibition puts the past 50 years on display
LOCAL Organising Committee chief executive officer Lynden Maycock said he’s extremely pleased with how the exhibition of the past 50 years of the CARIFTA Games is coming together in the old war bunker in the parking lot opposite the Thomas A Robinson National Stadium.
THE UROLOGY DOCTOR IS IN...Too fast too soon – the ordeal of premature ejaculation Part II
Premature ejaculation afflicts an estimated one in three men in the Bahamas and throughout the world. Men in this country sadly often endlessly suffer in shame and despair from this very correctable medical problem.
Property value boost drives insurer’s 39% profit increase
A $3.2m gain from revaluing its property assets enabled Bahamas First to shrug off a decline in its core insurance underwriting business and post a 39 percent total comprehensive income increase for the 2022 full-year.
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.
RBPF kicks off police month with community walkabout in Palmdale
THE Royal Bahamas Police Force kicked off Police Month yesterday with a walkabout in the Palmdale community, aimed at improving relations with area residents and businesses.
Mom and pop shops biggest violators of price control
PRICE control inspectors have found that “mom and pop stores” are the biggest violators of price control regulations, according to senior inspector Theodore Curry yesterday.
WORLD VIEW: A third way for global peace
IF DEVELOPING countries, especially the small and vulnerable states, expected meaningful attention by the G20 to the myriad economic and financial challenges that confront them, their hopes were dashed by failed meetings of Finance and Foreign Ministers in February and March.