‘Navigating crosswinds’: RF funds enjoy $30m expansion
A Bahamian investment bank yesterday revealed its mutual funds enjoyed $30m growth during the first five months of 2026 despite facing multiple “economic crosswinds” and a subdued first quarter in the local equities market.
‘Light at end of tunnel’: Resorts narrow gap to ‘25 by 8% points
Family Island resorts are “starting to see some light at the end of the tunnel”, a senior tourism executive disclosed yesterday, after they cut the early 25 percent year-over-year decline by around eight percentage points during the three months to end-May 2026.
Marine ordered to pay 12 years of outstanding shotgun fees
A DEFENCE Force officer was ordered to pay 12 years of outstanding shotgun licensing fees yesterday, while his co-accused was fined $6,400 after police found a weapon and drugs at a Trinidad Avenue home last weekend.
$200m Exuma resort opponent attacks ‘salami-sliced’ approval
Family Island resorts are “starting to see some light at the end of the tunnel”, a senior tourism executive disclosed yesterday, after they cut the early 25 percent year-over-year decline by around eight percentage points during the three months to end-May 2026.
Govt unveils ‘One Life, Too Many’ road safety plan
THE government yesterday launched a national road safety campaign, “One Life, Too Many”, following a series of fatal crashes that have left families grieving across the country.
Crews offload rock to free grounded barge in Abaco
A BARGE that jammed the Marsh Harbour channel for about 24 hours was refloated yesterday after crews offloaded 1,200 tons of material, disrupting freight service and reigniting calls for urgent improvements to Abaco’s main port.
Texas boy survives shark bite off Exuma, calls his older brother a hero
TWELVE-year-old shark attack victim Parker Roll has credited his 16-year-old brother with saving his life after the Texas boy was bitten while swimming off Staniel Cay, Exuma, during a family trip in late June.
Judge loosens bail for author fighting Swiss extradition
A SUPREME Court judge has loosened some bail conditions for an American author fighting extradition over allegations that she kidnapped her son from Switzerland, but refused to remove safeguards aimed at keeping her in The Bahamas.
URCA cuts satellite levy after Elon Musk’s Starlink protests
The satellite communications provider owned and controlled by billionaire Elon Musk has persuaded Bahamian regulators to slash the original 5 percent turnover-based fee they planned to levy on the industry because it was too onerous.
Teachers get educated on tourism industry practices
The Bahamas Hotel and Tourism Association (BHTA) has held its 21st annual Educators’ Internship initiative to help teachers better prepare their students for jobs and opportunities in this country’s largest industry recently.
Fuel retailers ‘nervous’ on new Mid East oil pressures
A Bahamian petroleum retailer yesterday warned motorists may not enjoy the recent reduction in gasoline prices for long following the renewed eruption of conflict and tensions in the Middle East.
Cat Island sees ‘surge’ in tourism activities
A Cat Island resort owner yesterday said the island is enjoying a “surge” in economic activity and tourism, with his property fully booked for the Independence Day weekend.
Family Island resorts disclose mixed Independence outlook
Family Islands yesterday revealed a mixed oulook as as Bahamians prepare to celebrate the country’s 53rd Independence, with some enjoying full occupancy driven by international visitors and others revealing bookings are down and plans to close earlier than usual.
Boating fee reform impact not fully known until Xmas
THE full impact of the Government’s boating fee reforms will not become clear until the Christmas season, as one marina operator yesterday asserted that only then will the industry know how many long-standing visitors have been permanently lost to rival destinations.
Residents battle devastating Bimini fire
Residents and volunteers battled a devastating fire in Bailey Town, Bimini, this morning after a two-storey building housing four residences became engulfed in flames.
‘New frontier’? 10,000 acre Long Island site seeks buyer for $25m
A long-touted 10,000-acre development for Long Island has been listed for sale at $25m with a Bahamian realtor suggesting that airport upgrades, improved connectivity and existing infrastructure can make the destination “the new frontier”.
‘Abuse of process’ rejected in Rudy King-linked case
The Court of Appeal yesterday ruled that a “substantial overlap” between separate legal cases cannot by itself be “an abuse of process” as it overturned the removal of a multi-million dollar asset freeze imposed on proceeds from a fraud allegedly involving flamboyant “philanthropist”, Rudolph Kermit King.
Doctors deny only minority protesting NHI pay delays
Bahamian doctors yesterday challenged assertions by the National Health Insurance (NHI) Authority’s deputy chairman that only a minority are complaining about delayed reimbursement as they revealed an Association has now been formed to negotiate with the scheme.
Abaco resort’s marina off 20% as boating still suffers
Marina operators yesterday confirmed they are still suffering the fall-out from previously-increased boating fees despite subsequent reforms with one Abaco resort reporting business is down by as much as 20 percent this summer.
