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WORLD VIEW: 1.5°C is upon us - are we prepared?
THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.
WORLD VIEW: Decimation of vulnerable nations inevitable if global warming continues on present trend
JOHN Kerry, former US Secretary of State and current US Special Envoy on Climate Change matters, told the world’s Ambassadors at a meeting in Washington, on May 10, that “there is no way” of keeping the rise in global temperatures to 1.5 degrees Celsius unless CO2 emissions are drastically reduced.
Web shops ‘carried’ gaming in COVID
A senior Gaming Board official yesterday hailed web shops for "carrying the industry" during the COVID-19 pandemic as no jobs were lost from the domestic sector.
Local banks pass anti-financial crime 'shadow shopping'
The Central Bank yesterday hailed the results of a 'mystery shopper' style survey of Bahamian financial institutions which found "rigorous evidence" they were in full compliance with efforts to combat financial crime.
Gaming discrimination end will 'go in both directions'
The Gaming Board's executive chairman yesterday indicated that casinos are open to Bahamians gaming at their resorts as the deputy prime minister conceded the separation from web shops is growing "thin".
Craig Flowers and FML face winding-up petition
FML's ex-chief operating officer has filed a Supreme Court petition to have the web shop chain wound-up as his five-year legal battle with Craig Flowers escalates into a new phase.
FML chief makes call for renewables switch
A web shop principal yesterday argued that The Bahamas must do more to capitalise on its renewable energy sources as companies brace for up to 163 percent increases in Bahamas Power & Light's (BPL) fuel charge this summer.
Woman killed as car hits tree
A WOMAN has died in Grand Bahama after the vehicle she was driving hit a tree early Thursday morning in the Lucaya area.
Glory Basketball Jam: ‘It is going to be exciting’
THE second edition of the Glory Basketball Jamboree was already set to be an exciting three days of around the clock basketball action, May 11-13.
Cruise port's chair eyes 'missing 10%'
The chair of Nassau Cruise Port's ultimate parent says he is "90 percent-plus satisfied" with its $322.5m transformation as he waits to see it drive increased visitor spend and more passengers exiting their vessels.
Grand Bahama arrivals 'continue to improve'
Grand Bahama continues to see a strong rebound in tourism numbers, according to a tourism official who reports that total arrivals on the island were over 100,000 at the end of the first quarter of 2023.
Glory Basketball Jam prize money doubles for year 2
THE Glory Basketball Jamboree will make its return to the Kendal GL Isaacs Gymnasium for year two in less than two weeks. The highly-anticipated basketball tournament will be a three-day event set for May 11-13 starting at 4pm.
Retailers see 'booming' Independence sales
RETAILERS yesterday said business is "booming" as sales of Independence Day-related merchandise accelerate in the run-up to The Bahamas' 50th anniversary celebrations.
DPM: Gaming reforms key to industry growth
THE Deputy Prime Minister yesterday said recommendations to upgrade The Bahamas' gaming laws will be assessed and consulted on over the "next several months" in a bid to enhance the sector's competitiveness.
IAN FERGUSON: Bahamian business must speed up technology use
Business digitisation, although an old topic, is essential to your company’s growth. Every firm's goal is to ultimately increase revenue, attract more new customers and retain existing ones. One of the best ways to leverage technology is to improve your existing infrastructure and automate processes such as e-mail marketing to better suit your target audience.
PM: $160m project to give 300 full-time jobs
The Prime Minister yesterday unveiled the revival of the long-awaited Cat Island Partners project with a "scaled down" $160.45m investment that aims to create 150 Bahamian construction jobs and up to 300 permanent posts.
End of an era - the start of a better one?
At one time, the Torii Gate at the International Bazaar stood as a symbol of Freeport’s historic economic success, proud emblem of a dynamic and cosmopolitan city which thrived on creating diverse opportunities for Bahamians while attracting commerce, expertise and innovation from around the world.
DIANE PHILLIPS: Bahamas’ biggest export – Bahamians
Brain drain growing, 56,000+ Bahamians living in US and more being lured
AT a press conference this week announcing a $250,000 tourism leadership scholarship provided by the Nassau Paradise Island Promotion Board and managed by the Lyford Cay Foundations, there was a seismic shift in the tone.
'Huge lift': Land free-up for Bay Street's revival
A former tourism minister yesterday admitted that reviving downtown Nassau is "a huge lift" that would require "cutting" a corridor from East Street through to Dowdeswell Street to free-up land for redevelopment.
