No ‘cry wolf’ over US growth slash
A senior tourism executive yesterday asserted he is “not prepared to cry wolf or suggest doomsday has dawned” yet after the Federal Reserve slashed US economic growth forecasts through 2027.
DIR home VAT refunds ‘a farce’
THE Department of Inland Revenue’s (DIR) VAT refunds as part of its first home construction and renovation programme is a “farce”, according to one frustrated Bahamian.
Minnis: What is govt stake in Bahamas Moorings?
Former Prime Minister Dr Hubert Minnis yesterday pushed for more information about the government’s stake in Bahamas Moorings Limited.
‘Myth from reality’: 99% of account requests approved
The first-ever survey on the ease of opening a Bahamian bank account will separate “myths from realities” with more than 99 percent of applications approved in often “less than a week”.
Rubis gets final appeal on $159k gas leak damages
Rubis (Bahamas) bid to overturn a $159,450 damages award after fuel leaks from one of its gas stations contaminated a Marathon resident’s home was yesterday cleared to proceed to a final appeal hearing.
LPIA’s ‘unusual delays’ as flights three times longer
Airlines yesterday warned travellers to brace for flights to take up to three times’ longer than normal due to “unusual delays” caused by ongoing runway repairs at The Bahamas’ major airport.
‘Opportunity for Freeport’ in fines from US ports
USING Freeport Container Port’s strategic location to receive cargo from global suppliers seeking to avoid any additional fees at US Ports would provide an opportunity to finally help the island reach its shipping potential, according to Dillon Knowles, Grand Bahama’s Chamber of Commerce president.
Treasure Cay developer names Caribbean chief
Treasure Cay’s purchaser has named Steve Griggs as development manager of its Caribbean division, which will oversee daily operations and its regional growth and expansion plans.
‘More Bahamian experiences’ needed to make most of visitors
A STEADY stream of cruise passengers has seen numbers exceed those before the pandemic, according to a Bay Street businessman.
GBPA renews initiative to drive tech skills, careers
The Grand Bahama Port Authority (GBPA) has unveiled a paid remote internship initiative to build skills and careers for Bahamians in industries such as cyber security, artificial intelligence (AI) and data science.
Port unveils ‘cruisin’ green’ waste move
The Nassau Cruise Port (NCP) yesterday unveiled its ‘Cruisin’ Green’ sustainable waste management initiative as part of celebrating Global Recycling Day.
Bristol manager now top wine professional
A Bristol Wines & Spirits brand manager has become The Bahamas’ latest Wine & Spirit Education Trust (WSET) level three certified wine professional.
Cruise port projects 59% revenue surge to $78m
Nassau Cruise Port is projecting 2025 revenues will increase by 59 percent to $78m, its top executive revealed yesterday, with passenger volumes now forecast to rise by a further 300,000 and hit 6.5m.
‘No escape’ for Bahamas amid global recession fear
A Bahamian economist yesterday warned “there’s really no escape” for this nation with the global economy “on trajectory” for a recession due to the stock market and trade turmoil sparked by US policies
Mall at Marathon wants $358k from ex-Galleria chief’s estate
The Bahamas’ largest retail shopping mall is demanding $358,532 from the estate of the late Galleria Cinemas’ chief, and ex-deputy DNA leader, to settle an unpaid debt dating from before COVID-19 struck.
