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”.
Taxi driver divisions on cruise port call-up
THE Bahamas Taxi Cab Union’s president yesterday said he does not have time to waste on taxi drivers who refuse to join the Nassau Cruise Port’s call-up system.
Valentine’s sales ‘excellent’ with some florists sold-out
BAHAMIAN florists yesterday branded Valentine’s Day sales as “excellent” with some vendors sold out of product from early this week.
FNM: ‘Why BPL $184m debt not paid down by fuel hikes?’
The FNM’s finance chief yesterday said he is in the dark over why the proceeds from hiking Bahamas Power & Light’s (BPL) fuel charge by up to 163 percent have seemingly not been used to cut its $184m debt.
Hotel chief ‘comfortable’ targets hit despite crime alert warnings
The Bahamas Out Island Promotion Board’s president says he “feels comfortable” that his hotel will grow and meet its 2024 financial targets despite the crime alert fall-out impacting the industry.
Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.
Veteran carpenter loses his $137,280 CGT claim
A carpenter has lost his $137,280 wrongful and unfair dismissal claim against a major Bahamian contractor for whom he worked at regular intervals over 32-and-a-half year period.
‘Under siege’: Taxis see 50% income fall on crime fall-out
Bahamian taxi drivers are blaming the crime alert fall-out “for at least” a 50 percent earnings decline, with their union president yesterday blasting: “A few criminals have the country under siege.”
Vendors secure for further Junkanoo Beach upgrades
A government senator yesterday pledged that no existing vendors will be displaced when the project to revive and upgrade Junkanoo Beach begins in the 2024 first quarter.
Digital kiosks to boost Nassau security and visitor experience
Digital kiosks will be installed in downtown Nassau to boost security and help tourists better navigate Bay Street and the surrounding area, a government senator disclosed yesterday.
Cruise port principal demands $2m back
A PRINCIPAL behind the Long Island cruise port project is demanding that a Bahamian law firm refund him $2m sent for a separate investment deal in the Exumas that “never took place”.
