BPL Skyguard Severe Weather Alert 17th December: Freeport
STARTS: 12/17/2020 4:10 PM EST EXPIRES: 12/17/2020 7:00 PM EST
More than $177m spent on COVID-19 relief
THE government has spent over $177m on various COVID-19 relief initiatives in response to the health crisis, Minister of State for Finance Kwasi Thompson announced yesterday.
Calls on Minnis to cancel oil exploration licences
ACTIVISTS and business owners have written to Prime Minister Dr Hubert Minnis urging him to “immediately cancel” all existing oil exploration licences, reject all proposed renewals and impose a permanent ban on fossil fuel exploration within the country’s borders.
Political parties pointing fingers after Nygard arrest
PROGRESSIVE Liberal Party leader Philip “Brave” Davis said allegations against Peter Nygard in a new indictment “are extremely serious and disturbing and should be pursued to the full extent of the law”.
Child dies in traffic accident
A YOUNG child is dead following a traffic accident in Grand Bahama yesterday, a police official reported.
$1.5bn debt repayment in a year? 'No problem'
The Ministry of Finance's top official yesterday said he "foresees no challenge" over the Government meeting almost $1.5bn in debt principal repayments coming due within the next 12 months.
Developer's offering to 'regain momentum'
A Bahamian resort community yesterday said it would use the proceeds of a newly-launched preference share offering to "regain momentum" lost to the COVID-19 pandemic.
Web patrons, utility customers warned to brace for pain
Web shop patrons and Bahamasair passengers will be the first feel to feel the pain of tax and fee increases sparked by COVID-19's economic devastation, a Cabinet minister revealed yesterday.
‘Fishing bill isn’t fair play’
FORMER Deputy Prime Minister and Minister of Finance Peter Turnquest has criticised as discriminatory a provision in a new Bill that would prevent foreigners from engaging in commercial fishing in The Bahamas.
‘U.S. playing dirty with spy claims’
THE Chinese Embassy in The Bahamas said reports that China has spied on Americans via Caribbean phone networks are false and another attempt by the United States to sow discord between China and Caribbean countries.
Basden backs weather innovators
TREVOR Basden, director of the Department of Meteorology, is excited about the possibility of his department’s usage of the proposed Aviation, Climate and Severe Weather Network, a system that can catapult the country’s aviation and meteorological departments into cutting edge performances.
Baha Mar opens doors today
BAHA Mar reopens today to local and international travelers, marking whag the resort destination says is its “steadfast commitment to a strong future for The Bahamas and its hospitality and tourism industry”.
Gov't targeting $200m spending cuts by June
Some $75.8m in unplanned COVID-19 assistance and previous lockdowns have forced the Government to target $200m in extra spending cuts over the next six months, it was revealed yesterday.
Baha Mar re-opening a 'monumental occasion'
Baha Mar's top executive has hailed today's re-opening of the mega resort as a "monumental occasion" following the "hardship and uncertainty" caused by the COVID-19 pandemic.
Digital provider sorry for travel visa delays
The Bahamian digital provider handling COVID-19 health travel visa payments yesterday apologised for processing delays caused by "technical difficulties" with its main database server.
Website relaunch to boost tourism
The Ministry of Tourism & Aviation has relaunched its Bahamas.com website in a bid to improve the ease with which tourists can plan and book their vacation in a COVID-19 environment.
PwC opens digital wallets for all staff
PricewaterhouseCoopers (PwC) Bahamas has facilitated the opening of digital wallet accounts for all of its employees as part of its digital transformation drive.
Gov't hopes for 40% BOB liabilities slash
The Bank of The Bahamas (BOB) bail-out vehicle believes it can slash the taxpayer's potential liability by "at least 40 percent" through recovering a portion of the toxic loans transferred to it.
Gov't targets $125m via Aliv, solar SPV offerings
The Government is aiming to raise $125m over a two-year period by selling its ownership in the Aliv mobile provider and a solar energy financing vehicle to Bahamian investors.
