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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.

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‘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.

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.