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WHEN discussing the movement of people from one place to another, it can become a little confusing to know the correct terms to use.
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.
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.
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.
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.
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.
TAXPAYERS will pay fully for the Duke and Duchess of Cambridge’s visit to The Bahamas next week, an official said yesterday.
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.
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.
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.
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.
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.
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.
I was troubled to read in The Tribune a prominent contractor in Grand Bahama gloating over the potential departure of the Del Zotto family.
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.
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.
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.
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.
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.
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.