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Getting the rules right for a successful sovereign wealth fund
ActivTrades
“Our landscapes connect us to our history; they are the source of our character as a people, as well as our health, our safety and our prosperity. Natural resources enrich us economically, yes. But they also enrich us aesthetically and recreationally and culturally and spiritually.”
Ex-British politician dies diving in Exumas
FORMER British politician Robert Rowland died after a diving accident near his home in Exuma over the weekend.
COVID takes toll on Lucayan deal
OFFICIALS are still reviewing a proposed post-COVID deal by Royal Caribbean and the ITM Group for the sale of the Grand Lucayan resort, according to State Minister for Finance Kwasi Thompson who lamented that the terms are “not as favourable as before”.
Insurers face pressure to drop BPC coverage
An international advocacy group has pledged to pressure Bahamas Petroleum Company's (BPC) insurers to drop the oil explorer as a client after coverage for its first exploratory well was confirmed.
Tourism chief: Bahamas 'ahead of curve' on tests
The Bahamas Hotel and Tourism Association's (BHTA) president has voiced optimism that this nation's five-day COVID testing system has put it "ahead of the curve" to meet new US requirements.
D’Aguilar knee-jerk reaction
Into his fourth year as Minister of Tourism and Aviation, one would have hoped that the Hon Dionisio D’Aguilar would have more fully taken onboard some rudimentary lessons about statecraft and governance.
HEATING UP: NCAA Division I Weekend standouts
THE weekend of NCAA Division I featured several Bahamian players in rescheduled double headers, standout performances on the court and postponed games due to COVID-19.
Biden’s action ‘simply devastating’ to tourism
A Cabinet minister yesterday warned new US quarantine requirements are “simply devastating” for the Bahamian tourism industry’s rebound, adding: “This keeps us on the edge that much longer.”
Motorcade to be held in tribute to Bert Bell
A motorcade and homegoing service in celebration of the life and legacy of swim coach Albert “Bert” Bell will be held in Grand Bahama next weekend.
‘On fire’ materials to hit construction
Contractors yesterday warned their home building clients face “a hit to their pockets” in 2021 from an “on fire” construction materials market where prices have risen ten percent since the New Year alone.
Bahamas to rebound ‘faster’ than its rivals
A top hotelier believes The Bahamas’ “proactive” approach to COVID-19 testing and health protocols will enable its tourism industry to rebound faster than its competitors.
‘Retaining curfew is fine by me’
SUPER Value CEO Rupert Roberts says he feels much safer with the COVID-19 curfew in place and believes last year’s drop in crime is due to coronavirus restrictions.
Biden takes the helm as president: 'Democracy has prevailed'
WASHINGTON (AP) — Joe Biden became the 46th president of the United States on Wednesday, declaring that "democracy has prevailed" as he took the helm of a deeply divided nation and inherited a confluence of crises arguably greater than any faced by his predecessors.
Police chief blames ‘pushy’ press for suicide blunder
POLICE Commissioner Paul Rolle last night apologised for his comments about suicide victims, but claimed his remarks were sparked by questions from “pushy journalists”.
Miller insists he’ll be on ballot
FORMER Tall Pines MP Leslie Miller said he is still seeking the Progressive Liberal Party’s nomination for the next general election and plans to be a thorn in the party’s side if he is denied.
'Deck now stacked against' Bahamian tourism's rebound
The hotel union's president has voiced alarm that "the deck's being stacked against" the revival of the Bahamian tourism industry and wider economy by travel restrictions imposed in its major markets.
Lender calls for 'smarter way' on entrepreneurship
A Bahamian lender has called for a “smarter approach to entrepreneurship" that avoids seeing money as the only solution to overcoming obstacles to business development.
Rotary begins rebuilding project for Sweeting's Cay
The Rotary Clubs on Grand Bahama have embarked on the Sweeting’s Cay Home Repair project to rebuild homes on the cay, where residents have been living in tents and displaced for the past 18 months since Hurricane Dorian.
Major PI resort to shut Sunday
A major Paradise Island resort will offer workers voluntary separation packages following this Sunday's closure that will put at least 85 percent of staff back on temporary furlough.
Tablets donated to help students
THE Grand Bahama Port Authority Ltd presented 42 tablets yesterday for school students in East End that are now attending three public schools in Freeport.