Bahamas growth ‘moderates as LPIA departures off 2.3%
The Central Bank yesterday confirmed that the Bahamian economy’s growth rate “moderated” in May with total departures from the country’s main aviation gateway down 2.3 percent for 2025 to-date.
Briland resorts struggling to control BPL ‘narrative’
Harbour Island resorts yesterday said they are “trying to control the narrative as best as possible with our guests” after the popular tourism destination was hit by more power outages.
NHI Authority eliminating 90-day wait time to join
The National Health Insurance (NHI) Authority will today eliminate restrictions on Bahamians enrolling in the scheme in a move branded as “damn the torpedos” by an ex-health minister.
Bahamas in $100m funding for National Energy Policy
The Bahamas has received its first-ever financing from the latest multilateral lender it has joined in the form of a $100m loan to aid the National Energy Policy’s implementation.
Abaco resort matching summer booking trend
An Abaco hotelier yesterday said resort bookings are still being affected by global geopolitical tensions and tariff-related economic uncertainty even though summer 2025 is matching prior years.
Briland residents say: ‘This is the real hell’
Harbour Island residents yesterday asserted that “this is the real hell” as they battled another day of constant Bahamas Power & Light (BPL) outages.
Energy reform ‘coming together like clockwork’
Electricity generation reform on New Providence is “coming together like clockwork”, FOCOL Holdings’ top executive is asserting, after sealing a near-$100m deal backed by a US government institution.
Gov’t ‘can’t have it both ways’ over Fund $300m
The Opposition’s finance spokesman last night argued the Government “cannot have it both ways” over its forecast $75.5m Budget surplus and $300m plan to capitalise the National Investment Fund.
Briland ‘nightmare’ after week-long BPL outages
Briland residents yesterday voiced fears of a diesel fuel shortage after a “nightmare” week of on/off Bahamas Power & Light (BPL) supply culminated in an island-wide outage on Saturday.
BPL bill decline for businesses ‘total hogwash’
An ex-Cabinet minister has blasted it is “total hogwash” for the Government to boast it has reduced business energy costs with his firm now paying an all-in rate 45.8 percent higher than in October 2022.
'Great deal of stress' in boating fee fall-out
An Abaco resort proprietor says the boating fee reforms fall-out is "causing me a great deal of stress" with a US maritime body yesterday warning The Bahamas could lose its "boater-friendly" reputation.
VAT reforms ‘direct tax’ on business expansion
The Bahamian Contractors Association’s (BCA) president yesterday argued that VAT reforms effectively amount to a new tax on business expansion that will also “shrink” construction activity in that area.
Residents voice concerns on East Bay Street hotel/marina
Neighbours of a proposed East Bay Street condo hotel and marina project last night voiced concerns over potential noise pollution, invasion of privacy and adequate parking.
Merchants demand proof on counterfeit alcohol 'rumours'
Liquor store merchants yesterday urged the Bahamas' consumer watchdog to prove that rogue operators are selling counterfeit alcohol - a "rumour" said to have been circulating for around a year.
Ex-BREA chief: Don't hit us on unpaid VAT
A former two-time Bahamas Real Estate Association (BREA) president, now the country's ambassador to Morocco, has backed arguments that the industry should not be held liable for unpaid VAT on property sales.
