COVID cuts corporate revenues by up to 70%
Corporate Bahamas saw the COVID-19 pandemic slash its 2020 revenues by up to 70 percent, with business licence filings placing the average fall-off between 40 to 50 percent.
Govt backs ‘mandatory’ property insurance call
The government has “agreed” that property insurance must be mandatory throughout The Bahamas with Dorian-related reinsurance inflows giving the external reserves a $1.3bn boost.
Revenue gap ‘shrinks’ but deficit still $736m
Tourism and the economy’s gradual re-opening enabled the government to narrow the gap between its revenue forecasts and outturn despite a $736.1m first half deficit, it was revealed yesterday.
Gross govt borrowing leaps four-fold to $2bn
The government’s gross borrowings leapt four-fold year-over-year to more than $2bn during the six months to end-2020, it was revealed yesterday, exceeding what was projected for the full fiscal year.
16 candidates for PLP's election list
THE Candidates Committee of the Progressive Liberal Party has finalised 16 candidates to represent the party in the next general election, a group that includes old hands and new faces that will help form the PLP’s team - in addition to the five incumbent PLP MPs.
Dames declares all claims will be examined
MINISTER of National Security Marvin Dames has again expressed confidence in the Royal Bahamas Police Force’s capability to investigate local complaints against Lyford Cay homeowner Peter Nygard despite allegations of bribery made against officers.
NOTHING TO HIDE: Christie and Davis insist party’s reputation is clear amid Nygard allegations
FORMER Prime Minister Perry Christie said in a new Canadian television programme that he has “no fear of any investigation” into his conduct in public life concerning Peter Nygard.
Where will Bahamians go?`
I operate a travel ASUE on WhatsApp and have sent clients on a regular basis to both Miami and Fort Lauderdale. Florida has always been a popular destination for these travellers — on any given long weekend look for the suitcases in Sawgrass!
Ayton and Hield take NBA spotlight
CHAVANO “Buddy” Hield enjoyed his best shooting stretch of the season the last three games in the state of Florida while Deandre Ayton restarted his streak of double doubles over the weekend.
Collie Jr continues productive start to season for Warriors
DOMINIQUE Collie Jr continues his productive start to the season at the plate for the Webber International University Warriors baseball.
Lashann Higgs and club suffer 87-69 loss to 3rd ranked Girona
CAN it get any better for Harbour Island native Lashann Higgs and her Club Embutidos Pajariel Bembibre in the Spanish Women’s Professional Basketball League?
Shaunae Miller-Uibo clocks personal best, wins 200m
And erases Pauline Davis-Thompson’s national record
Another year and another impressive performance for Shaunae Miller-Uibo.
BBF does not have proper training venue
ALREADY faced with the task of securing the funding to travel to the FIBA AmeriCup 2020 Qualifier in San Juan, Puerto Rico, the Bahamas Basketball Federation now finds itself without the proper venue to train in.
Clarke and Blazers suffer second straight match loss
SYDNEY Clarke and her University of Arlington Blazers at Birmingham suffered their second straight match loss, dropping a 5-2 decision to the Georgia Tech Yellow Jackets on Friday at the Ken Byers Tennis Complex in Atlanta.
Complaints against police
The violent attack on the 117th United States Congress and US Capitol in Washington, DC, on January 6th must be of concern to law-enforcement agencies and democratic governments and societies around the world, particularly in this region.
Timing is everything over credit bureau
Your Monday, January 18th, Business Section headlines: “Credit Bureau to hit 30% borrowers”. Timing is everything it is said and this just confirms it.
Arawak Cay chief issues early Sunday closing call
Arawak Cay's president is urging the Government to enforce the popular Fish Fry destination's closure on Sundays from 6pm for four months to combat patrons failing to abide by COVID-19 protocols.
'Make current taxes work before the income option'
The private sector is urging the Government to eliminate wasteful spending, and collect all revenues currently on the books, before it hits businesses with new and/or increased taxes.
Canada in new ‘stumbling block’ for tourism’s revival
Canada's decision to halt all flights by its airlines to The Bahamas until April 30 was yesterday branded "another stumbling block along the road to recovery" for this nation's battered tourism industry.
