Trump dashes ‘year of stability’ hopes for local small business
Bahamian small business expectations that 2025 would be “a year of stability” have been dashed by the global economic turmoil unleashed by Donald Trump, a consultant to the sector revealed yesterday.
IMF raises Bahamas growth forecast amid Trump turmoil
The Bahamas was yesterday urged to “take with a grain of salt” the International Monetary Fund’s (IMF) modest upward revisions to this nation’s projected economic growth for 2025 and 2026.
Contractor awarded $150k over Dorian rebuild dispute
A Bahamian contractor has been awarded $150,000 after the Supreme Court ruled that an expatriate homeowner breached the agreement for him to rebuild her Dorian-devastated Hope Town house.
Starlink’s Out Island surge may put Cable, BTC ‘out of business’
A Family Island installer has warned that the likes of Cable Bahamas and the Bahamas Telecommunications Company (BTC) may find themselves “out of business” due to a “major” surge in demand for Starlink.
Gov’t unveils latest New Providence solar deal
The Government yesterday signed a power purchase agreement (PPA) with CVB Utilities for a 20 mega watt (MW) solar generation plant combined with 5 MW hours battery storage for New Providence.
Restaurant owner: Stop ‘treating us like criminals’
A Bahamian restaurant proprietor has voiced frustration over what he alleges was heavy-handed and “aggressive” behaviour by Immigration officers when they conducted checks on his business.
Super Value chief: ‘We’ve held back inflation for rest of 2025’
Super Value’s owner is voicing optimism that the supermarket chain has “held back inflation for the rest of the year” through to January 2026 by forward buying the products that generate the “bulk” of sales.
‘Critical challenges’ to tourism’s 4.5% growth
Bahamian tourism faces “critical challenges” to achieving its projected 4.5 percent annual growth rate over the next decade through 2034 due to multiple workforce and infrastructure-related impediments.
Easter fish stocks off ‘at least 75%’
The National Fisheries Association’s (NFA) president is estimating that the crack down on compressor use post-crawfish season has reduced the amount of fish available for Easter by “at least 75 percent”.
Roberts: Bahamas ‘dodged a big bullet’ as US reverses Chinese shipping fee
The Bahamas has “dodged a big bullet” and potential 25 percent inflation hike, Super Value’s owner has asserted, after shipping to this nation was exempted from the $1m per US port call fee on Chinese-made ships.
Traveller security strengthened via $2.2m screening equipment
New security screening equipment worth more than $2.2m has been commissioned at Lynden Pindling International Airport (LPIA) in a bid to strengthen and improve traveller safety.
Ex-minister: Gov’t ‘flouted law’ over SpaceX’s EIA
An ex-Cabinet minister yesterday accused the Government of “flouting the law” over the SpaceX rocket booster landings in its haste “to bend over backwards to please” the latter’s billionaire owner, Elon Musk.
Planning battle erupts over Village Road office complex
A furious planning battle has erupted over a Bahamian doctor’s development of a small office complex on Village Road amid residents’ fears it will pave the way for further “heinous” commercial intrusion.
‘Stagnant’ Exuma project gains new management
The principals behind a group taking over February Point’s management yesterday said their ambition is to make it “the crown jewel of Exuma that it deserves to be”.
Tourism faces ‘very foggy crystal ball’
The Bahamian tourism industry faces “a very foggy crystal ball” in predicting its near-term performance with global economic turmoil causing many “grave concern”, a senior hotelier warned yesterday.
