GB Chamber targeting SME boost for island’s West End
The Grand Bahama Chamber of Commerce president yesterday said the group is aiming to stimulate small and medium-sized business growth in the island’s West End after the latest bid to acquire the former Ginn project foundered.
Retailers enjoying rebound in Independence Day sales
Retailers yesterday said Independence Day sales are much stronger than last year with one reporting a 10 percent year-over-year increase.
Getting to the root cause by killing seeds of crime
Allianz Global Corporate and Specialty (AGCS), in a June 15, 2022, report has predicted an increase in strikes, riots, violent protest and general social disorder on a global scale. This continued upheaval has been associated with the post-COVID fall-out, and the increased cost of living that comes with scarce basic human necessities. The United Nations secretary-general, speaking of the war in Ukraine, which has impacted more than 30 percent of the world’s wheat production, said in March: “All of this is planting the seeds of political instability and unrest around the globe.”
PETER YOUNG: Nato’s new directions and goals
THE biggest overhaul of NATO since the Cold War was truly transformational. This was the verdict of its Secretary General after last week’s historic summit in Madrid. He and others claim the 30-strong alliance has been reinvigorated and galvanised into action with a new unity and sense of purpose.
FACE TO FACE: Watch your back, ‘Brave’ – AJ’s one for the future
I am currently in the Berry Islands enjoying the tranquil life and getting to know some of my husband, Victor Valentino’s family. This weekend was a very sombre one for us as the family matriarch, Albertha Canter-Murry was laid to rest along with her son, Livingston Devon Pratt.
‘Govt erring on side of caution over mask mandate’
DOCTORS Hospital chief executive officer Dr Charles Diggiss said he believes the government is erring on the side of caution in deciding to generally maintain its mask mandate.
Minister: Bahamians sticking to protocols
WHILE the month of June saw 927 new COVID-19 cases, Health and Wellness Minister Dr Michael Darville says he believes Bahamians have been doing well in adhering to the protocols that remain in place.
‘What is govt planning to do about crime?’
FREE National Movement deputy leader Shanendon Cartwright has called on National Security Minister Wayne Munroe to disclose what the government plans to do regarding crime in the country.
Sears: Govt is working on debt to water firms
WORKS and Utilities Minister Alfred Sears said the government is working to reduce the debt it owes to companies contracted to supply water to several Family Islands.
Cable beats target by $50m on ‘largest ever refinancing’
Cable Bahamas yesterday revealed it beat its preference share rollover target by $50m as it hailed completion of “the biggest refinancing the market has ever seen”.
Super Value transport budget up 47% as gas prices strike
Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.
Foreign reserves stay over $3bn despite May decline
The Bahamas’ foreign currency reserves closed May 2022 above $3bn despite a $65m drop-off during the month, with the Central Bank reiterating its belief that they remain “more than adequate” to sustain the US dollar peg.
Collateral Registry hailed as a ‘tremendous move’
The Central Bank’s plan to boost small business access to financing by creating a movable Collateral Registry was yesterday hailed as “a tremendous step in the right direction” provided it is accompanied by the necessary training.
Air arrivals hit 85% of pre-COVID levels
Total air arrivals to The Bahamas rebounded to 85 percent of pre-COVID numbers during April, more than doubling prior year numbers for a period that included the peak Easter holiday weekend.
‘Demystify’ Bahamas treasure recoveries
A US attorney who represents Spain in its claims to underwater treasure and artifacts yesterday urged The Bahamas to demystify what has been recovered from its waters and how much it has earned from such activities.
Small firms sceptical on mobile collateral registry
Small business owners yesterday voiced scepticism over the Central Bank’s plans to transform secured lending in The Bahamas by creating a movable collateral registry, arguing that efforts to aid the sector should be focused elsewhere.
Camp back after pandemic pause
FORT Charlotte Constituency’s 21st Summer Camp officially kicked off yesterday after a two-year hiatus due to the COVID- 19 pandemic.
Rolle: I’m proud of what we’ve done
AS he officially hands over the post of Police Commissioner to Clayton Fernander today, Paul Rolle says he’s proud of both the organisation and the achievements attained in his more than two years in the seat.
Why the secrecy on police settlements?
FREE National Movement leader Michael Pintard has called on the government to disclose the details of a lawsuit settlement concluded with two senior police officers, including the rationale behind the move.
