Bank profits jump $40m on fee/commission surge
Bahamian commercial banks enjoyed a near-$40m year-over-year increase in collective profits during the 2025 second quarter aided by commission and foreign exchange fees “more than doubling” against 2024 comparatives.
Insurer recommits to Bahamas with profits expected to triple
A Caribbean insurer has recommitted itself to the Bahamian market and is planning to expand its presence, with profits projected to near-triple this year, in a reversal of plans to exit this nation as recently as 2022.
Air Canada launches direct Bahamas flights
Air Canada on Friday launched new non-stop flights from Ottawa and Halifax to Nassau as part of that nation’s surge in travel demand and airlift to The Bahamas.
Girl Guides rally against rising gender-based violence
The Grand Bahama District of the Bahamas Girl Guides Association hosted its annual protest rally against gender-based violence on Friday, aiming to raise awareness and empower young girls to speak out.
Minnis: Entice Bahamians, not China, to fund $268m hospital
An ex-prime minister yesterday argued the Government should have exploited $3bn-plus in surplus banking system assets to entice Bahamian investors to finance New Providence’s new hospital rather than the Chinese state, asserting: “The time has come to encourage our own”.
Bahamians ‘being driven out of financial services’
The Attorney General yesterday agreed that The Bahamas must find a “fair balance” between skilled expatriate labour and locals after Bahamian attendees at a Securities Commission seminar complained they “are being driven out of the financial services industry”.
‘Don’t permit the big boys with mega bucks to rob us’
Two Opposition MPs yesterday challenged the $1.6m purchase price for a land parcel that is vital to “unlock” Baha Mar’s $350m expansion, with one asserting: “Don’t let the boys with the mega bucks rob us.”
‘Treat Bahamians like expats to entice them to Out Islands’
A senior Baha Mar executive yesterday warned that attracting skilled workers to the Family Islands may require treating Bahamian employees like expatriates, offering benefits and incentives traditionally reserved for foreign staff to lure them to high-demand tourism roles.
Baha Mar: Ex-PM to ‘hold feet to fire’ on residents’ fears
A former prime minister yesterday pledged he and nearby residents will hold Baha Mar and the Government’s “feet to the fire” over noise and health fears stemming from the mega resort’s likely use of two-plus acres that will “unlock” its $350m expansion project.
British High Commissioner urges Bahamas to join global child-care charter during hostel visit
British High Commissioner Smita Rossetti has encouraged The Bahamas to consider signing the Global Charter on Children’s Care Reform, saying the country’s commitment to vulnerable children would be strengthened by joining the international framework.
Mitchell welcomes new US Ambassador Herschel Walker
Foreign Affairs Minister Fred Mitchell yesterday welcomed newly appointed US Ambassador to The Bahamas Herschel Walker during a courtesy meeting ahead of the diplomat’s formal credential presentations.
Op-Ed: One Eleuthera's five-step formula for success
LAST WEEK, I spent a few days in Nassau with key members of One Eleuthera Foundation’s (OEF’s) leadership team, including my colleague Keyron Smith, OEF’s President and CEO.
Bail for man accused of beating mother of his child
A MAN was granted bail yesterday after being accused of beating the mother of his child and breaking her ankle earlier this year.
Traveller loses $38,000 after failing to declare money at LPIA
A HAITIAN man was fined $1,000 yesterday after admitting he failed to declare that he was travelling to Haiti with more than $40,000.
Mitchell urges Baha Mar to review firing of casino dealer over leave
A FORMER Baha Mar casino dealer who was fired after a dispute over compassionate leave says her termination was excessive, and Foreign Affairs Minister Fred Mitchell is urging the resort to reconsider its decision.
Local charities share $150,000 raised by ‘Comedy for a Cause
SEVERAL local charities received a combined $150,443 yesterday from Heather and David Kosoy at a ceremony at Hurricane Hole, with recipient organisations outlining plans to expand food security, youth development, and residential care programmes.
Nurses Union chief says new facility won’t solve overcrowding at PMH
BAHAMAS Nurses Union president Muriel Lightbourne said the $201m loan secured for constructing a new specialty hospital should instead be directed to urgent gaps across the existing healthcare network, insisting the country cannot adequately staff or manage its current facilities and that the planned hospital will not relieve system-wide overcrowding.
Pinder: Looting of barge will not reduce environmental fines
ATTORNEY General Ryan Pinder has rejected the notion that losses suffered by the Brooklyn Bridge barge through theft should reduce the owners’ obligation to pay environmental fines, saying looting is “private action by private individuals” and entirely “unrelated” to regulatory enforcement over reef damage.
Pinder: Smuggling Bill does not give migrants new rights
ATTORNEY General Ryan Pinder yesterday defended the Smuggling of Migrants Bill 2025 as a measure designed to target criminal networks, rejecting claims that the Bill grants migrants new rights to remain or receive legal status in The Bahamas.
