Moody’s shrugs off early $400m deficit ‘slippage’
Moody’s shrugged off the Government’s $400m-plus deficit for the first seven months of 2024-2025 by asserting that the past two years’ reductions outweigh any “slippage” from the full 12-month target.
Group’s 400% profits jump proves going ‘lateral’ works
A Bahamian developer is urging tourism to adopt the “small lateral development” model that has enabled his resort group to “grow revenues and profits by 400 percent” over a ten-year period.
IMF: Mortgage payments double as wages stagnate
More Bahamians are struggling to afford their own home because wages have remained relatively stagnant while the average monthly mortgage payment has near-doubled since the 21st century started.
‘More clarity’ urged on US Chinese ship fee pullback
Bahamian businesses were yesterday anxiously awaiting “more clarity” after the top US trade negotiator promised the up to $1m per port call fee on Chinese-made ships will not be implemented as proposed.
DEREK SMITH JR: Strategies to eliminate the cyber risk mismatch
Cyber crime has evolved from just being a mere threat into a daily occurrence that requires immediate action. Despite this, many businesses in The Bahamas continue to rely on legacy governance, risk and compliance (GRC) systems that were not designed to handle today’s dynamic cyber security landscape. In contrast to real time risk intelligence and quick-moving threats, these systems were designed for annual audits, compliance checklists and static reporting.
Sebas’ electric auto dealer unveils latest partnership
A Bahamian electric vehicle dealership headed by Sebas Bastian is expanding its offerings through partnering with a Chinese automobile manufacturer.
Provider’s Bahamas expansion through Amber Trust purchase
A Guernsey-headquartered financial services provider is expanding into The Bahamas with the acquisition of Amber Trust.
From restaurant/bar to Airbnb over Trump’s tariff uncertainty
Family Island businesses are rapidly adjusting their business models and strategies to cope with the ongoing uncertainty surrounding US trade and tariff policies.
Jet skis body camera plan sparks questions
A Bahamian water sports operator has questioned how the proposed body cameras for tourists taking jet ski rides will work as it argued instead for greater enforcement of existing laws and regulations.
Bahamasair celebrates 40 years of Orlando service
Bahamasair last Thursday celebrated 40 years of service into Orlando with a special ceremony at Terminal B in the city’s international airport.
Bowe set to make history as first Bahamian in space
AISHA BOWE is set to make history today as the first Bahamian to travel to space, joining the crew of Blue Origin’s latest mission under its New Shepard programme.
IMF: Energy reform may give 0.5% GDP boost
THE Davis administration’s proposed energy sector reforms could boost GDP growth by 0.5 percentage points by 2035 if successfully implemented, while also cutting emissions and lowering electricity costs for low-income households, according to a new International Monetary Fund report.
Man killed just weeks from birth of second child
THIRTY-year-old Leonard Symonette was just weeks away from welcoming his second child when he was shot and killed early Friday morning — a tragedy that has shattered his family.
Minnis won’t rule out election bid
FORMER Prime Minister Dr Hubert Minnis hit back at the Free National Movement’s decision to drop him as its candidate for Killarney, calling the process “deeply unfortunate” and suggesting he has not ruled out seeking to serve the constituency again — though not necessarily on the FNM’s ticket.
EDITORIAL: Breaking barriers and making history
AISHA Bowe’s journey has been a long one.
INSIGHT: What the political tea leaves reveal?
IF you enjoy reading the political tea leaves, there has been plenty to consider after all the sip-sip of the past few weeks.
Minnis seeking sympathy
Today’s press release by former prime minister Dr Hubert Minnis is an effort to buy time and drum up public support and sympathy.
Rahming too good with spin
THERE’S no denying it: Latrae Rahming is one of the most effective political communicators this country has seen in recent years.
Second reported fire at derelict building off Mackey Street within recent weeks
FIRE officials are investigating a blaze that tore through an abandoned building on Ivanhoe Road near the Salvation Army on Saturday night — marking the second reported fire at the property in recent weeks.
Man accused of 2020 killing of ten-year-old denied bail again
A MAN accused of killing ten-year-old Lorencia Walkes in a 2020 drive-by shooting has once again been denied bail after a Supreme Court judge cited his extensive record of bail violations and public safety concerns.
