All results / Stories
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.
Used car dealer absorbing 50% of price hikes
A Bahamian used car dealer yesterday revealed just 50 percent of the price hikes he has experienced on Japanese vehicles have been passed on to local consumers.
AID’s $1.5m reason for ‘no Christmas stock shortages’
A major Bahamian retailer yesterday pledged there will be “no Christmas inventory shortages” despite ongoing global supply chain disruption, with $1.5m in merchandise due to arrive this month.
Bahamas to foot the bill for Royal couple’s visit
TAXPAYERS will pay fully for the Duke and Duchess of Cambridge’s visit to The Bahamas next week, an official said yesterday.
Pre-COVID output ‘not good enough’
The Central Bank’s governor yesterday warned that returning to pre-COVID economic output “is not enough” as he reaffirmed forecasts that GDP will expand by 8 percent in 2022.
DPM optimistic Hilton’s closure only two months
The deputy prime minister yesterday voiced optimism that downtown Nassau’s British Colonial resort may only be closed for two months until a new brand partner is found to replace Hilton.
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.
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.
Pushed to ‘brink of collapse’ through 40% cost hikes
An ex-Bahamian Contractors Association (BCA) president yesterday said many contractors are “on the brink of collapse” due to fixed-price contracts that exclude the impact of 40 percent cost hikes.
Lawrie likes what he sees at nine-hole golf, driving range
AS he glanced over the nine-hole golf and driving range facilities at the Baillou Hills Sporting Complex, Mark Lawrie said the Bahamas Golf Federation has all of the ingredients to being one of the top destinations to visit in the region.
BOB chief: ‘Formula we don’t really want’
Bank of The Bahamas’ managing director says a shrinking loan book, combined with rising deposits and cash, is “a formula you don’t really want” for sustained long-term profitability.
$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.
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.
Hands for Hunger ‘was prudent' with food funds
HANDS for Hunger has said it was prudent with public funds it received to feed people receiving assistance through the National Food Distribution Task Force, adding almost all of the operational costs were self-absorbed to ensure the lion’s share of the money it received was spent on food.
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.
‘So much work to do’ on Prospect Ridge
JOBETH Colbey-Davis said that although her team is confident the Davis administration can still proceed with the Prospect Ridge project, the government cannot commit to the cost benefits the Minnis administration promised because so much work is still required on the development, including the production of a master plan, a feasibility study and topography studies.
‘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.
NIB rate hikes ‘totally impossible’ to absorb
Bahamian businesses have warned it is “absolutely impossible” to absorb the contribution rate increases required to save the National Insurance Board (NIB), adding: “The can’s been kicked to pieces at this point.”
EDITORIAL: Just tell us what govt will do over BPL costs
WILL they raise prices at BPL? Won’t they? Will the government throw a subsidy at BPL to avoid a price rise? Won’t they?
