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IAN FERGUSON: Bahamians should not fear diverse workforce
WHEN discussing the movement of people from one place to another, it can become a little confusing to know the correct terms to use.
‘World wants us to absorb all who leave Haiti’ - PM
PRIME Minister Philip “Brave” Davis said despite the world suggesting that The Bahamas “should absorb all of those who leave Haiti”, the government will not open the country’s borders to irregular migration.
NPSA All-Star Classic at Banker’s Field Saturday night
WITH a rekindled interest coming out of the two-year hiatus as a result of the COVID-19 pendemic, the New Providence Softball Association is eager to display its outstanding players so far this season during the All-Star Classic on Saturday night in the Banker’s Field at the Baillou Hills Sporting Complex.
PM: I wanted to hold off longer over BPL
The Prime Minister yesterday admitted he had wanted to hold-off on up to 163 percent increases in Bahamas Power & Light’s (BPL) fuel charge for longer to give struggling Bahamian families more time to rebound from COVID-19.
High dairy intake linked to increased prostate cancer risk
There is a saying that milk does the body good, and another that states moderation in all things is the best policy. Prostate cancer has the highest incidence of any cancer in the Bahamas.
Relaxed lending rules for domestic credit
THE Central Bank of The Bahamas is relaxing the guidelines for domestic banks and credit unions around the qualification criteria for provision of credit to the private sector. This takes account of the domestic economy’s increased capacity to sustainably absorb more credit expansion, given the potential for credit growth to stimulate greater imports and increase the net use of foreign exchange.
Insurers: ‘Everyone will pay’ if storm cover unaffordable
Bahamian insurers yesterday warned that “everyone will have to pay” if hurricane coverage becomes increasingly unaffordable with the issue representing a growing public policy “dilemma” for the Government.
Expand visa system to control Haitian flow
HAITIAN Chargé de Affairs Anthony Pierre Brutus says he believes the only way to discourage Haitians from travelling illegally to and from The Bahamas is to grant visas to the community.
Law compliance fear over BPL fuel costs
Concerns were voiced yesterday that Bahamas Power & Light (BPL) could potentially be violating the law by failing to fully pass its fuel costs on to residential and business consumers.
The Del Zottos
I was troubled to read in The Tribune a prominent contractor in Grand Bahama gloating over the potential departure of the Del Zotto family.
$700m optimism Bahamas can ‘take oil price pressure’
A “$700m-plus” increase in US dollar purchases from the commercial banks during the 2022 first quarter has given the Central Bank’s governor optimism The Bahamas “can absorb” much of the pressure from high global prices.
Small businesses facing struggle on NIB rate hike
BAHAMIAN small businesses will struggle to absorb any National Insurance Board (NIB) contribution rate increase due to the multiple other expenses hikes they are grappling with currently, a sector consultant has warned.
FTX’s fall ‘won’t ruin’ high-end real estate
Bahamian realtors believe the FTX crypto currency exchange’s implosion will not “ruin” western New Providence’s high-end property market as bargain hunters start to circle its $74m worth of holdings.
PAHO: Prepare now for post-COVID
PAN American Health Organisation (PAHO) director Carissa Etienne has urged countries in the region to prepare health systems now on how to deal with post COVID -19 conditions.
Gyms ‘may raise fees’ after BPL bills hike
THE looming increase in electricity bills will likely force some gym operators still recovering from COVID-19’s impact to consider raising membership fees or making other adjustments to help sustain operations, according to fitness stakeholders.
NPSA: Hitmen, Operators in win column
THE C&S Hitmen and the R&B Operators were victorious in the New Providence Softball Association’s double header played in the Bankers Field at the Baillou Hills Sporting Complex on Saturday night.
Fuel costs up - and so is price of fish and hot cross buns
THE rising cost of fuel coupled with inflationary pricing at grocery stores have sparked price increases among fishermen and bakeries that produce the Easter season favourite - hot cross buns.
NPSA women: Wildcats win opener
THE Sunshine Auto Lady Wildcats had their hands full with the R&B Lady Operators, but they showed why they are still considered the best team in the women’s New Providence Softball Association.
‘Horrendous June’ cuts Aquapure’s output 40%
A Bahamian bottled water supplier has endured "an horrendous June" after equipment failure and a "bonkers" supply chain cut production for the month by 40 percent.
Gas stations seek ‘pennies on gallon for liveable wage’
Bahamian petroleum retailers yesterday revealed they are seeking a “pennies on the gallon” margin increase equal to 7 percent of the landed cost of fuel to achieve their version of a “ liveable wage”.
