‘Huge admission’ over Gov’t $110m BPL loan
THE Opposition’s leader yesterday asserted he has wrung “a huge admission” from the Government that it loaned Bahamas Power & Light (BPL) some $110m without first agreeing the interest rate and terms.
‘Pregnant with opportunity’: FOCOL’s $25m rights issue
FOCOL Holdings is “pregnant with opportunities”, its chairman said yesterday, as it unveiled a $25m rights offering for existing shareholders to finance further expansion plans.
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Gov’t to split ‘smart city’ money streams with Aliv
THE Government’s digitisation chief yesterday said it will evenly split the “new money” generated through its three-year partnership with Aliv to transform downtown Nassau into a “smart city”.
Bahamas reported among escapees from EU blacklist
THE Government’s growing optimism that The Bahamas will imminently escape the European Union’s (EU) tax blacklist appeared justified yesterday amid reports this nation is among those set for delisting.
Pintard ‘not satisfied at all’ on maritime contracts answers
THE Opposition’s leader yesterday pledged to “take up” two controversial maritime contracts with Parliament’s top spending watchdog after being left “not at all satisfied” with the Government’s answers.
Bahamas enjoys 20% ‘audience reach’ jump
THE Deputy Prime Minister yesterday said The Bahamas has enjoyed a 20 percent increase in “audience reach” as it increases advertising spending to counter saturation media coverage of its crime woes.
Queen’s Staircase set for $200k restoration
THE Nassau Paradise Island Promotion Board (NPIPB) has launched a $200,000 restoration project that aims to upgrade and preserve The Queen’s Staircase for future generations.
KEITH ROYE II: Biometric technology opens path to more secure future
As the chief operating officer of a software development company, I am acutely aware of the ever-evolving landscape of business security. In an era where data breaches and cyber threats loom large, ensuring robust authentication measures is not just a priority - it is a mandate. In this column, I explore the transformative role of biometric technology in fortifying business security and authentication, shedding light on the future of safeguarding sensitive information.
‘Not worth’ pursuing after $700m unpaid PMH fees
AN ex-health minister says “it’s not worth” committing resources to collect legally-mandated user fees from Princess Margaret Hospital (PMH) patients given that $700m-plus remains unpaid.
Trade deficit’s $3.5bn six-year high ‘tremendous opportunity’
THE Bahamas faces “a tremendous opportunity” if it can start making inroads into a trade deficit that hit a six-year high of around $3.487bn in 2023, it was argued yesterday.
Agriculture group targets $25m for 20% of chicken, egg market
BAHAMIAN agricultural entrepreneurs have unveiled ambitions to raise $25m in financing that will enable them to “tap into 20 percent” of this nation’s chicken and egg import market.
Union chief backs employers: Let us know NIB hike extent
A TRADE union leader yesterday joined employers in urging the Government to reveal the magnitude of the National Insurance Board (NB) rate increase “ASAP”, adding: “July is just around the corner.”
North Andros forced to ‘pilot banking’ as ABM vandalised
NORTH Andros has been left without easy access to cash for an “extended period of time” after the area’s sole automated banking machine (ABM) was vandalised.
Junkanoo Beach vendors back transformation plans
THE Junkanoo Beach Association’s (JBA) president yesterday praised the Government’s plans to overhaul the destination as “magnificent for the whole product overall”.
