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Central Bank: ‘Stay alert’ on credit card fraud rise

The Central Bank is urging Bahamians “to stay alert” due to an increase in credit card fraud incidents.

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FNM: What led to decision to terminate workers?

DESPITE the Freeport Container Port reversing its decision to terminate some 20 staff, Free National Movement MP for East Grand Bahama Kwasi Thompson said he believes it is still incumbent on the government to investigate the circumstances that led to the decision in the first place.

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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.

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Water Corp debt to main supplier grows to $16.6m

The Water & Sewerage Corporation's outstanding debts to its main BISX-listed reverse osmosis supplier increased slightly to $16.6m during the 2023 first quarter despite government pledges to eliminate this, it was revealed yesterday.

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‘Non-controllable’ cost surge blocks bank matching 2022

Commonwealth Bank believes it would have come close to matching 2022’s “extraordinary” nine-month profitability had it not been for $3m in new Business Licence fees and utility costs “more than doubling”.

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PM's 'swift intervention' reverses decision to lay off 20 Bahamian workers at Freeport Container Port

THE decision to lay off 20 Bahamian workers at the Freeport Container Port has been reversed following the “swift intervention” of Prime Minister Philip “Brave” Davis, according to an official statement by the Ministry for Grand Bahama.

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Water Corp cuts debt to main supplier by $5.2m

The Water & Sewerage Corporation’s debt to its main BISX-listed supplier was slashed by 24 percent during 2022 to $16.3m at year-end, although close to two-thirds of that sum remained delinquent.

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WSC worker killed as water tank collapses

A 42-year-old Water and Sewerage Corporation employee died during a freak accident in Sweeting’s Cay over the weekend.

‘One step forward, two back’ before port layoff reversal

GRAND Bahama’s Chamber of Commerce president yesterday said it feels like the island constantly takes “one step forward, two steps back” prior to Freeport Container Port reversing the termination of 20 workers.

Govt told: ‘Reverse course’ on Business Licence move

THE Opposition’s finance spokesman yesterday renewed demands for the Government “to reverse course” and improve the ease of doing business surrounding the Business Licence renewal process.

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One Eleuthera Foundation: A good diet is the secret to good health

AN ancient Ayurvedic proverb states that “If diet is wrong, medicine is of no use. If diet is correct, medicine is of no need”.

Separate GBPA's assets from regulatory functions

The Grand Bahama Port Authority's (GBPA) regulatory functions must be "separated" from its assets to prevent it self-regulating businesses owned by its shareholders, a Freeport hotelier urged yesterday.

Harbour Bay parking

Annoyance is a mild description when trying to shop at Harbour Bay Shopping Centre – where do the potential shoppers park?

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Hotel Union protests firing of Atlantis shop steward

BAHAMAS Hotel, Catering and Allied Workers Union (BHCAWU) members protested in front of the Department of Labour yesterday after Atlantis terminated the resort’s chief shop steward.

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Hotel expansion: ‘All our fears come true’

Two prominent Bahamian businessmen yesterday voiced fears their area’s property values will be undermined if a Bahamian hotel’s planned expansion worsens existing traffic and noise woes, adding: “All our fears have come true.”

Moody’s 3% growth forecast ‘not strange’

A former Cabinet minister yesterday said Moody’s forecast of 3 percent economic growth for The Bahamas in 2023 is “nothing strange” and reflects the country’s reversion to traditional performance after the post-COVID recovery.

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Rejected web shop loses licence appeal

The Gaming Board’s decision to reject a web shop’s licence bid during the industry’s legalisation was fully vindicated yesterday by the Supreme Court.

Show your support, shop locally

1000% support import substitution only wish the biggest substitution would occur… Shopping in Miami Substitution but then, so the officials say, that is a divine right. Local production must never cause inflation and exorbitant increase in comparison pricing of foreign against local.

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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.

Briland ‘emergency’ over utility outages

Briland residents were yesterday said to be holding an “emergency meeting” after power and water outages disrupted the tourism hot-spot’s Thanksgiving and run-up to the peak winter season.