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Inflation trend ‘positive’ as rate shows minimal change

THE trend for inflation has been hailed as "positive" by a campaigner for good governance.

Downtown car park solution on the cards

A CAR park is being proposed for the Downtown area, according to the Ministry of Tourism, Investment and Aviation (MOTIA).

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Advertorial: Why life insurance matters in The Bahamas

Many people in The Bahamas would never think to exclude insuring their most valuable possessions. With a climate that is susceptible to hurricanes, most people’s homes are insured.

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DEIDRE BASTIAN: Is artificial intelligence a benefit or a threat?

Artificial Intelligence (AI) is no longer just a buzz word as it has not only become an integral part of our daily lives but has a rapidly growing field of technology that has already made a significant impact on many businesses globally.

Power problems and thefts cause BTC service issues

The Bahamas Telecommunications Company (BTC) released a statement yesterday advising that some Family Island consumers have been experiencing service issues “due to power-related issues and malicious acts”.

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Vendors: Solve parking problems if pedestrianisation gets go-ahead

Straw vendors said yesterday that pedestrianising Bay Street must come with a car park and more marketing of the Straw Market.

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Strong start on market for Windsor Lakes project

A Western New Providence gated development pegged at $50m has reserved one third of its lots in its first month on the market, with marketing expected to ramp up in the next month.

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Abaco hopeful - but some questions over reshuffle

BUSINESSES in Abaco are “encouraged” by new developments and projects slated for the island four years after the devastating Hurricane Dorian, according to Daphne DeGregory Miaoulis, president of the Abaco Chamber of Commerce. She noted that Abaco “remains strong” and holds many opportunities for the local and international market.

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Grand Lucayan buyer hopes ‘positive sign for the island’

The Grand Bahama Chamber of Commerce president said it is “great news” that there are three prospective buyers for the Grand Lucyan hotel, saying this is more positive for the island than has previously been revealed.

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‘Roaring’ tourism set for best ever year

Deputy Prime Minister Chester Cooper yesterday said tourist arrivals are up 66 percent over last year’s numbers.

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Sad to see Sweeting go – but hopes for new minister

THE new agriculture minister arrives to hopes that he will get on his feet quickly and continue with former minister Clay Sweeting’s mandate for farming.

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Sands: Still room to grow, with Family Islands key

The Bahamas Hotel and Tourism Association president said there is “more room for growth” and that the country should prepare for the consistency of year round tourism especially in the Family Islands.

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Reserves stay ‘buoyant’ though growth reduced

The Central Bank yesterday said The Bahamas’ external reserves are set to remain “buoyant” in 2023 although June’s growth is $44.4m short of 2022’s expansion.

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Government restructuring sparks hope for business priorities

THE business community is “looking forward” to working with new Cabinet ministers following the government reshuffle, said Khrystle Rutherford-Ferguson, the Bahamas Chamber of Commerce and Employers Confederation’s chairman, yesterday.

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‘Record growth’ for tourism according to bank report

TOURISM is showing “record growth” according to a new report from the Central Bank of The Bahamas - while economic growth continues at a moderate pace.