Pintard seeks answers on JDL air freight management deal
Opposition leader Michael Pintard has pressed the government on its relationship with air freight management firm JDL and if it has been contracted at Lynden Pindling International Airport (LPIA).
Residents prepare to sue two years after BPL leak
Andros Chamber of Commerce president Darrin Bethel says residents of North Andros are preparing to take legal action after becoming “impatient” with clean-up efforts after a Bahamas Power and Light oil spill.
Contractors hopeful of uptick - but cautious on bank rules
BAHAMAS Contractors Association president Leonard Sands does not see construction slowing down for 2024 and could see a 20 percent uptick, but warned restrictive banking policies could put a damper on the growth.
Realtor urges push to buy amid soaring rental prices
A Bahamian realtor has urged more emphasis on buying a home for 2024 considering the rise in rental rates.
Share index up over year, reports BISX
The Bahamas International Securities Exchange (BISX) reported equity of $5.96bn and debt totalling $4.51bn as at September 2023, representing a 1.57 percent increase for the nine-month period.
Sanctions without hearing part of new securities bill
The Securities Commission of The Bahamas (SCB) issued the Securities Industry Bill 2024 for public consultation last week - which seeks to ensure laws are "current, competitive, and reflect international best practice and standards".
HUBERT EDWARDS: The Bahamas performance for 2023 and outlook for 2024
It is beyond doubt that the reported performance of the country for the last fiscal, 2022-23, has been noteworthy. Following two years of deep decline, due to the COVID-19 pandemic, and an intervening “bounce back” year, 2023 has seen positive economic performance for the country but unfortunately lacking in sufficient potency to seriously start to change our fortunes.
‘Airlift holding back Cat Island tourism’
A Cat Island hotelier said the tourism market in the southern islands is only constrained by a lack of airlift. Carl Rolle, owner of Rollezz Villas and Beach Resort in Cat Island, said his hotel was fully booked over the holiday season, with strong bookings to continue into early next year.
‘Don’t revise entire building code - just adjust for certain islands’
BAHAMAS Contractors Association president Leonard Sands said yesterday that the entire building code does not need to be revised - just the code for certain islands.
Slowdown in inflation, reports Central Bank
The Central Bank of The Bahamas said inflation slowed to 4.1 percent in its monthly economic developments report for November.
Skydive company told to stop advertising its jumps
A skydiving excursion provider has been warned by the Civil Aviation Authority of The Bahamas (CAAB) to not advertise any jumps until given further approval.
Opposition raises alarm over skyrocketing Q1 deficit
The Opposition’s finance spokesman yesterday warned against an “exploded” deficit for Q1 and chided the government on holding back on its August and September fiscal report for so long.
Central Bank expects growth at ‘moderated pace’ in economy
The Central Bank revealed yesterday that the reduction in external reserve balances for November slowed by over $77.8m from 2022, reflective of net foreign currency outflows through the private sector.
GB chamber chief: Govt has to tighten its belt too
The Grand Bahama Chamber of Commerce president said more focus needs to be put on public expenditure and the government needs to tighten its belt just like the average Bahamian.
Online sales thriving - but in-store down on last year
Bahamian retailers are reporting a mixed Christmas sales period, but online platforms showed strong performance.
