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Bahamas suffers 5-4 loss to Mexico
After two successful matches against Guatemala and Belize to open the Confederation of North, Central America, and Caribbean Association Football (CONCACAF) Beach Soccer Championships, The Bahamas came up short against Mexico, losing 5-4 last night.
Abaco Dump continues to burn as residents’ concerns not addressed
SOME Abaco residents believe the government’s failure to address issues involving the burning of debris at Abaco dump sites has subjected people to health problems.
Freeport man assisting police on marijuana find
GRAND Bahama Police made a drug arrest on Monday following the discovery of suspected marijuana at a residence in Freeport.
Guilty plea for man in $2m hemp possession
A MAN pleaded guilty yesterday to illegally having nearly $2m worth of marijuana in separate incidents.
RCI unveils consultation over beach resort plan
ROYAL Caribbean International has released its first public consultation report for the Royal Beach Club at Paradise Island - answering questions on issues such as wastewater treatment.
Half of Royal Caribbean's PI investment on site clean-up
A senior Royal Caribbean executive yesterday disclosed around half the investment in its Paradise Island project will be spent on cleaning and restoring much of the 17-acre prior to construction starting.
Four year sentence for drug charges
A MAN was sentenced to four years in prison for having nearly $2m worth of marijuana in two separate drug arrests.
Ex-PM: 'Grave mistake' on $86m hospital funds
A former prime minister is charging that the Government made "a grave mistake" by returning more than $86m in low-cost financing for Princess Margaret Hospital's (PMH) expansion to the original lender.
Gov't ready to guarantee Nassau's $290m hospital
The Government is prepared to guarantee the $290m financing for New Providence's new hospital, a Cabinet minister revealed yesterday, adding: "This is a worthwhile investment for the Bahamian people."
Town Planning rejected Lyford Cay condo advice
Lyford Cay residents will today bid to block a controversial condo project, which speculation previously linked to FTX, after planning authorities approved the doubling of its height beyond that recommended by their technical advisers.
RCI spending $50m to restore western PI beach environment
AN estimated $50m will be spent to restore the western Paradise Island environment that will feature Royal Caribbean International’s Royal Beach Club project if it gets final approval, according to RCI’s chief product and innovation officer Jay Schneider.
Cruise giant slashes PI buildings by 24k sq ft
Royal Caribbean has pledged to reduce the size of building structures for its $100m Paradise Island project by a combined 24,000 square feet while "building the least amount of infrastructure as possible".
Atlantis and Wendy’s in covenants dispute
Atlantis is at odds with the Wendy's franchise holder over whether restrictive covenants exist to block the latter's plans to convert Paradise Island's former Scotiabank branch into a fast food restaurant destination.
Diesel on hold waiting for govt response
THE government has not contacted petroleum retailers since many stopped selling diesel, Bahamas Petroleum Retailers Association president Raymond Jones said yesterday.
Central Bank's $9m HQ hit 'wasteful and absurd'
The Opposition's finance spokesman yesterday slammed the decision to cancel the Central Bank's new headquarters project as "absurd", arguing it was "an ideal project" for providing a post-COVID economic boost.
DEREK SMITH: How social responsibility is affecting financial institutions
In recent years, environmental, social and governance (ESG) factors have become increasingly important for financial institutions. The ESG approach goes beyond traditional financial metrics, instead focusing on sustainability, responsible investment and ethical practices. This article aims to explore two negative, and two positive, aspects of ESG and how it can impact financial institutions.
Clubs & Societies May 12th, 2023
Andros Crab Fest Crab Fest is known as the largest family island festival in The Bahamas.
Glory Basketball Jamboree to award $5,000 cash prize
THE Glory Basketball Jamboree made its return to the capital last night for the second consecu- tive year at the Kendal GL Isaacs Gymnasium. Day one saw basket- ball played by the Tucker Boys, Abaco’s Three Ounce Athletics, Filipinos all-star team, 242 Ballers, the Great Whites, the Ball Hogs, the Pirates and the defending champions Rockets.
GB Power solar rates '30% below Caribbean'
Grand Bahama Power Company says the solar power rate it has obtained from independent energy providers (IPPs) is "30 percent less than what you see elsewhere" in the Caribbean.
Bahamas strikes 'crossroad' as work permits earn $20m in Q1
A Cabinet minister yesterday said The Bahamas is at a "crossroad" in combating work permit violations as he revealed the Government is mulling legal reforms to hold companies liable for breaches by their sub-contractors.