Cruise power provider targets $10m profit within four years
The power provider to cruise ships docked in Nassau is predicting it will more than double annual profits within two years of launching - and beat the $10m mark by year four - as it yesterday unveiled its $100m bond offering.
Mortgage applications fall to peak COVID-19 levels
New mortgage applications during the 2025 first half fell to levels last seen at the COVID-19 pandemic’s peak, it was revealed yesterday, with a senior banker warning the market will “remain subdued” unless hundreds of distressed properties are dealt with.
Heavy rains flood roads and neighbourhoods in Cat Island
MARINE WILSON of Stephenson, Cat Island, said she “lost everything” when floodwater rushed into her home on Sunday, forcing her and her family to flee barefoot as furniture floated outside.
Family offers $20K reward for information on death of father gunned down in front of four-year-old daughter
THE family of 25-year-old Quintero Arnett, who was murdered in front of his girlfriend and four-year-old daughter earlier this year, is offering a $20,000 reward for information leading to the arrest of those responsible.
Junkanoo prep continues amid parade management chaos
JUNKANOOERS remain undeterred as they prepare for the Boxing Day and New Year’s Day parades, despite ongoing tensions between the Junkanoo Corporation of New Providence (JCNP) and the government over who should manage the events.
Panama police probe SAC student’s death
POLICE in Panama say they have not yet determined whether foul play was involved in the death of 16-year-old Bahamian student Madeline Thompson, who fell to her death from the 27th floor of a city centre hotel on Friday.
Man accused of having sex with 10-year-old girl
A MAN was remanded to prison yesterday after he was accused of having sexual relations with a 10-year-old girl twice this year in the Berry Islands.
Iram, COI denies claims he split from party
CENTRAL Grand Bahama MP Iram Lewis yesterday rejected claims that he had resigned from the Coalition of Independents (COI).
US Embassy donates hurricane relief supplies to Bahamas Red Cross
THE United States Embassy in Nassau yesterday donated more than $30,000 worth of hurricane relief supplies to the Bahamas Red Cross to support islands impacted by Hurricane Melissa.
PLP aspirant slams MP Adrian White for ‘defaming’ party poster
KENO Wong, the Progressive Liberal Party's aspirant for St Anne’s, has slammed Adrian White for “defaming” the party’s paraphernalia by stepping on a PLP poster in the road, calling the actions “childish” and unbecoming of a sitting MP.
Man struck twice in hit-and-run recovering, sister seeks answers
FOUR months after watching shocking footage of her brother being struck by one vehicle and then run over by another, Shanda Robinson says her family is still waiting for those responsible to come forward and for answers from authorities.
Attorney David Cash sues police, AG over Freeport arrest
ATTORNEY David P Cash has filed a Supreme Court claim seeking damages and constitutional declarations against the Commissioner of Police and the Attorney General, for what he calls his unlawful, malicious and unconstitutional arrest in Freeport last year.
Coroner finds police killing of cutlass-wielding man ‘justifiable’
AN officer breathed a sigh of relief yesterday as a jury returned a finding of justifiable homicide for the fatal shooting of a man that charged at him with a cutlass in Fox Hill in 2018.
Murder accused denied bail after alleged car theft
A MAN awaiting trial for murder was remanded to prison yesterday after he was accused in a recent car theft.
Nassau port operator in double-digit budget beat
The BISX-listed operator of Nassau’s main commercial shipping port is projecting it will beat revenue and operating income forecasts for its present 2026 financial year by double-digit percentages with container volumes breaching the 150,000 mark.
Bahamians may join forces to ‘revolutionise’ payments
Bahamian payment providers could join forces to submit one combined bid on a Central Bank contract that promises to “revolutionise the payment system” in this nation while generating improved financial access and inclusion.
Two-month NHI payment delays labelled ‘regrettable’
A Cabinet minister last night branded the latest payment delays suffered by doctors and other National Health Insurance (NHI) providers as “regrettable” with several complaining they are now owed for two months’ work.
‘Ticks all the boxes’: RF in 20% Simplified equity stake
A Bahamian investment bank yesterday asserted that its acquisition of a 20 percent ownership stake in a prominent non-bank institution “ticks all the boxes” for targeted returns and client wealth creation.
Resorts: More Melissa damage than expected
Resorts in the southern Bahamas yesterday conceded that Hurricane Melissa had inflicted more damage than originally forecast with one confirming the impact may slightly delay its planned November reopening.
‘Start of the swing’: Doctors first-half revenues up 5.6%
Doctors Hospital’s return to profitability and 5.6 percent increase in total revenue for the first half of its current financial year signals “the start of the swing” that recent investments will create for future earnings.
