Tourism office to boost Cat Island
CAT Island businesses yesterday voiced optimism that their newly-opened tourism office will help drive increased visitor numbers and economic activity to the island.
‘Second class citizens’ in the financial system
A Bahamian crowdfunding platform was yesterday moving aggressively to solve the challenges faced by small retail investors “cut out of the financial system”, adding: “We’ve treated these people like second class citizens.”
Bahamas urged to ‘get serious on education fix’
The Bahamas was yesterday urged “to get serious about fixing” its long-standing education crisis amid private sector fears that it will continue to undermine workforce productivity and economic competitiveness.
Inflation jumps five-fold to back PM’s warning
The Central Bank yesterday revealed that annual inflation for the year to June 2022 increased almost five-fold compared to the previous 12 months to give a stark indication of the cost of living crisis facing many Bahamian families.
Bahamas’ arrivals at 3m, just 16% off pre-COVID
The Bahamas received almost three million tourist arrivals during the 2022 first half, it was revealed yesterday, with June’s numbers just 16 percent down on the record-breaking pre-COVID pace set in 2019.
$50m project eyes ‘Bali in beautiful Bahamas’
A North Eleuthera developer plans to create “a Bali in beautiful Bahamas” through a mixed-use project forecast to generate up to 200 full-time jobs via a $50m investment in the resort component alone.
Gov’t’s ‘precarious finances’ rule out tax offset to inflation
TAX and duty cuts to counter surging inflation are ruled out given the Government’s “precarious finances” and $12b-plus national debt, a governance reformer warned last night.
Guava duff vendor triumphs in Entrepreneurship World Cup
A BAHAMIAN start-up with ambitions to take guava duff to an international audience says it recently won the local final of the Entrepreneurship World Cup.
Lyford Cay condo project told: ‘Don’t turn us into Miami Beach’
HOPES were voiced yesterday that a controversial Lyford Cay condominium project will reflect “Bahamian heritage” and “not turn us into Miami Beach”.
‘Endless battle with criminals’ of the sea
Bahamian fishermen are facing “an endless battle with criminals” poaching and stealing with impunity amid fears crawfish prices have plunged by up to 50 percent compared to 2021’s “amazing” highs.
Crowdfunded restaurant eyes $2m 2023 top-line
A Bahamian restaurant entrepreneur yesterday said he ultimately plans to return 50 percent of profits to shareholders after his successful crowdfund raise paved the way to secure a second location and production/distribution centre.
Extra 14,500 Bahamians to benefit in $31m clinic spend
An extra 14,500 Bahamians will benefit from the Government’s decision to expand its investment in Family Island public health clinics by more than 50 percent, it has been revealed.
A market turned upside down
ActivTrades
These are tough times for investors. Unwritten rules underpinning the financial markets’ behaviour do not seem to apply any more. In the old days, a hawkish Federal Reserve would be likely to trigger a sell-off of stocks. Especially when inflation remains close to four-decade highs and a recession is lurking on the horizon. In the past, such scenarios would have entailed a significant loss for indices such as the S&P 500 or the NASDAQ.
PM ‘not telling full story’ on BPL subsidy millions
The Opposition’s leader yesterday accused the Prime Minister of “not telling the full story” after the latter confirmed the Government is “spending millions each month” to minimise electricity costs for households and businesses.
DEREK SMITH: How to safeguard data from malicious criminals
To investigate computer-related issues and/ or audit incidents featuring cyber attacks, forensic analysts use scientific techniques to retrieve data from digital sources. In accordance with standard incident response steps, digital forensics procedures include preparation, identification, containment, eradication, recovery and lessons learned.
