Total Trump tariff crawfish exemption likely ‘long shot’
A FISHERIES executive yesterday conceded it will be “a long shot” to get Bahamian lobster and stone crab exports totally exempted from Donald Trump’s 12.5 percent tariff but praised the Government’s bid to have the rate lowered as a “more realistic” goal.
Port Lucaya buyer: End work halt over ‘immediate danger’
THE PORT Lucaya Marina’s purchaser yesterday argued that the “immediate danger” posed by the property’s “life-threatening conditions” must take priority over the administrative procedures it says regulators are citing for imposing a ‘stop work’ order on its demolition.
‘Congestion’ fears over 25-slip marina near Potter’s Cay
THE ASSOCIATION of Bahamas Marinas (ABM) president yesterday voiced concern that a new 25-boat slip marina to be located just west of Potter’s Cay will create “over congestion” in both Nassau Harbour and for road-based traffic.
Fidelity: We won’t join ‘folly’ of risky lending
A BISX-LISTED bank has pledged it will not join the “folly” of its rivals by pursuing unsafe loans with its chief executive yesterday predicting that the Bahamian mortgage market will take another two years to recover to pre-COVID levels.
April’s inflation surge highest in three years
Bahamian families are facing renewed price and cost of living pressures after April 2006 saw the greatest year-over-year increase in inflation for three years.
Plane wreckage from July 10 crash is shipped off to the US
INVESTIGATORS probing the Independence Day Andros plane crash that claimed 10 lives have recovered the wreckage and shipped the aircraft's engines and key components to the US for detailed forensic examination, with a preliminary report expected by August 10.
DevCO: ‘No objection’ to Port Lucaya once paperwork done
THE GRAND Bahama Development Company (DEVCO) yesterday said it supports Port Lucaya Marina’s near-$22m redevelopment but is waiting on legal documents confirming the new ownership as questions continue over a stop-work order that halted demolition work at the weekend.
Licence wait places legitimate liquor vendors at disadvantage
AN EXUMA liquor outlet yesterday said months-long delays in the Government’s licensing process are leaving legitimate business owners in limbo, while unlicensed operators continue to sell alcohol without consequence.
Security screening developer rejects causing LPIA delays
THE HEAD of the company behind Lynden Pindling International Airport’s (LPIA) new passenger screening system is pushing back against claims the enhanced security process is causing delays for domestic travellers, asserting the technology has not resulted in missed flights and is processing passengers in seconds.
‘Don’t relent’ until Trump tariff lifted from Bahamas
The Opposition’s finance spokesman yesterday urged that “the Government must not relent” until Donald Trump’s 12.5 percent tariff on Bahamian exports to the US is eliminated and removed, adding that “we cannot just look at this as business as usual”.
Trump tariff timing ‘sucks’ as costs ‘go through roof’
Donald Trump’s imposition of 12.5 percent tariffs on all Bahamian exports to the US especially “sucks” because it coincides with multiple costs “going through the roof”, Bahamian fishermen are warning.
Cut-price Chinese gasoline car ‘flood’ disrupting electric vehicle momentum
A BAHAMIAN electric vehicle dealer says it expects to maintain annual sales growth of “at least 10 percent” even though the “flood” of low-priced gasoline-fuelled cars from China has “disrupted the market” and curbed industry “momentum”.
‘Business as usual’ for Applebees and Fusion
BOTH Applebees Bahamas and Fusion Superplex yesterday asserted it is "business as usual" following the restaurant’s temporary closure late last week that sparked much social media commentary.
Water sports operators warn on fuel squeeze price hikes
RISING fuel costs are squeezing margins for Bahamian watersports operators, with one tour company warning it may have little choice but to increase prices as global oil prices hover close to $100 per barrel.
IDB aiming to expand its summer programme
THE INTER-AMERICAN Development Bank (IDB) is aiming to expand its Teen Summer Programme next year by increasing funding, taking on more students and broadening its outreach to schools,
