Don’t suffer buyer’s remorse over solar
THE decision to install a solar system should not be taken lightly. It is a significant investment that you are going to have to live with and pay for in years to come. All solar systems are not created equal, and all installation professionals do not adhere to professional and ethical business standards. Great care is therefore required as you consider this investment.
Minister: $24m Chinese funding for local projects
The Government is targeting agriculture and fisheries partnerships with China, a Cabinet minister has disclosed, with $24m now available for local development projects.
Building suppliers paint tough materials picture
Construction suppliers yesterday predicted that paint prices will increase by more than 7 percent building due to an “unprecedented” lack of raw materials amid the global supply chain crisis.
Tourism rides supply chain ‘roller coaster’
Tourism’s post-COVID rebound will not be undermined by global supply chain woes, a top hotelier reassured yesterday, despite the industry enduring a logistics “roller coaster”.
Salary deduction needed for $10m cruise IPO loan
Bahamians wanting to access a $10m interest-free loan facility to finance investing in the Nassau Cruise Port can only do so if their employer “qualifies” for a salary deduction programme.
‘Next hurricane can wipe us out’
The Bahamas “must be at the table” in developing a financial compensation mechanism for climate change, a top official said yesterday, adding: “The next hurricane can wipe us out.”
URCA: Renewable policies not working
Bahamian energy regulators have conceded their renewable policies are “not attractive” for companies and investors seeking to enter the sector, and are proposing a pricing structure switch.
Electricity rate rise ‘extra burden’ for GB revival leaders
Grand Bahama Power Company’s planned electricity rate increases will impose “an extra burden” on the very businesses the island is relying on to pull it out of recession, it was argued yesterday.
Digital is financial future in Bahamas
With the rise of smartphone adoption across the Caribbean, many industries have sought innovative ways to engage consumers by digitising their services. The banking industry is no different, as companies seek to establish future financial trends. As proven by the launch of the Sand Dollar, the world’s first Central Bank Digital Currency (CBDC), the Bahamas’ financial services sector is now looking to transform its legacy infrastructure by going digital to improve its security, lower costs and grow the customer base. Initially rolled out in Exuma and Abaco, as of March 2021, nine digital wallet providers circulated $130,000 worth of digital Bahamian dollars throughout the entire archipelago.
Prospect Ridge project was fastest ever-mover
The Minnis administration’s Prospect Ridge young professionals community progressed as far as having architectural sketch plans completed, an FNM senator yesterday.
Price controls worsen supply chain problem
A Bahamian wholesaler yesterday warned that price control regulations are worsening the supply chain crisis and product shortages in food stores.
Retailers fret on Christmas stock
Bahamian retailers yesterday said the global supply chain crisis is making them fret over whether Christmas product orders will arrive in time for the festive season.
ART OF GRAPHIX: Putting favourite formats on file
PNG (portable network graphic) is a type of image file that is often favoured in web design and creative projects involving Photoshop or similar software. It is a type of file that allows an object to be placed into software with a clear background or as a partially transparent image, making it especially useful when creating a graphic from multiple layers. PNG is one of my favourite image files.
Coral farm ‘showcase’ eyes 1m annual target
The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.
GB Power promises $50m network spend
Grand Bahama Power Company yesterday pledged to invest $50m over the next five years to maintain its network infrastructure, and admitted: “No one wants to see rates increase.”
