Inflation drives 5% price rise at high-end project
A Bahamian developer yesterday disclosed he has increased prices on the multi-million dollar units in his latest project by 5 percent in response to soaring construction materials costs.
Small businesses brace for 25% consumer spend drop
Bahamian small businesses were yesterday said to be bracing for up to a 25 percent drop-off in consumer demand compared to pre-COVID levels as inflation chips away at buying power.
Switching banks like ‘giving birth’
The Bahamas must make it easier for customers to switch banks and thereby boost competition, a senior banker agreed yesterday, as he likened the current process to “giving birth”.
BTC revenues $17.4m off pre-COVID levels
The Bahamas Telecommunications Company’s (BTC) 2021 full-year revenues were $17.4m below pre-COVID levels despite representing a 4.9 percent year-over-year gain on 2020.
Bahamas at ‘critical point’ in gaining COVID balance
The Bahamas has reached “a critical juncture” in its battle against COVID-19 where it must balance saving lives and preserving livelihoods, the Inter-American Development Bank (IDB) is warning.
Clean up going well?
FIRE at a debris site in Abaco sparked concerns yesterday that more of the waste will burn and potentially endanger the health of residents as temperatures heat up moving into the summer.
‘Low vaccination rate must be addressed to stop spread’
A PAN American Health Organisation official has warned that low vaccination coverage in many Caribbean countries must be urgently addressed to stop the spread of COVID-19.
Call to report cruise discharge findings
A LEADING environmentalist hopes the findings of government’s probe into Carnival Cruise Lines’ alleged discharge of sewage and food waste in Bahamian waters will be published now that Prime Minister Philip “Brave” Davis - a vocal proponent of the investigation when he was in opposition - is leader.
Young boys urged to ‘know your purpose in life’
YOUTH, Sports and Culture Minister Mario Bowleg encouraged young boys attending the 15th annual Reach Out Youth Organisation’s Boys to Men Conference in Freeport to find their passion and do it to the best of their ability.
Action needed to halt nurses exodus
BAHAMAS Nurses Union president Amancha Williams says as many as 60 nurses have left the public healthcare system since the start of the year because of low staff morale and unresolved labour issues.
Infant left dead in three-car collision
AN INFANT is dead following a traffic accident in New Providence yesterday.
Turnquest: Country is going backwards
FREE National Movement Deputy Leader Peter Turnquest last night castigated the government’s performance in office, saying the country is already seeing “signs of regression” over the last six “short” months since the party was elected to government.
HYPOCRITES: Minnis attacks Davis govt for giving no-bid contract - having blasted FNM on same issue
FORMER Prime Minister Dr Hubert Minnis said the Davis administration’s decision to give a no-bid contract to Colina Insurance Limited for services under the Bahamas Travel Health Visa programme “was more than hypocritical”.
‘Missed generations’ now threaten farming
The Bahamas has “missed generations of farmers” by failing to attract young entrepreneurs to agriculture, a Cabinet minister said yesterday, warning that this threatens the sector’s sustainability.
Extend remote working to mitigate energy cost surge
Businesses were yesterday urged to mitigate the impact of rising energy and fuel costs by allowing the remote working practices that flourished as a result of COVID-19 to continue.
Forgetful when it suits them
It amazes this writer just how conveniently forgetful our politicians are when it suits them … I recall with the sale of the Hotel Corp property on Cable Beach to Arison and the building of The Crystal Palace, Carnival were granted, as I recall, a large amount of Government land in Andros and required to grow produce…I believe the Hon Loftus Roker insisted and proposed this.
National basketball team named
The Bahamas Basketball Federation has named its senior men’s national team roster for the second window of the FIBA Americas World Cup 2023 qualifiers.
Taxi call-up app to launch next month
An app that will allow Bahamian consumers to call for a taxi from anywhere, and at any time, will be launched next month, the Taxi Cab Union’s president said yesterday.
Greater funeral attendance no major boost for homes
Increased funeral attendance at churches will not produce a major boost for funeral homes, it was revealed yesterday.
Civil service increments delay on finance sick-out
A Cabinet minister says the next round of increment payments to civil servants will not happen on schedule because of the finance officer sick-out that cost the Government some $7.5m.
