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‘Scorched earth’ campaign delays BEC contract deal

The Bahamas Electricity Corporation (BEC) refrom process has been delayed because the Government wants to ensure there is no truth to unsubstantiated “integrity concern” rumours that have been raised over its preferred bidder.

Bahamian oil explorer still in ‘a paradox’

A Bahamas-based oil exploration firm’s search for a joint venture partner remains trapped by a “paradox”, its chief executive said yesterday, with just seven months left before its deadline to drill a first well expires.

Tech firms set for Bahamas Blockchain and Cryptocurrency Conference

Hundreds of tech companies are expected to attend The Bahamas Blockchain and Cryptocurrency Conference (BBCC) in Grand Bahama next month.

A COMIC'S VIEW: Is marijuana really a cure for COVID?

A NEW study released this week has marijuana enthusiasts beaming, comedians laughing as they pen the related material. (Yours truly included)

Mitchell says environment, crime and illegal immigration are top concerns

FOREIGN Affairs Minister Fred Mitchell yesterday highlighted the country’s top three concerns as the environment, violent crime, and illegal immigration during his address to the 69th Session of the United Nations General Assembly in New York.

Standards regulator in testing partnership

The Bahamas' standards regulator has signed an agreement with a US-based testing company to help improve product quality certification.

Govt pushes innovation as solution to change

The government is pushing technology and innovation as a response to the dynamic, rapidly evolving global economy, the deputy prime minister has confirmed.

GOVT PUSH BACK ON CRIME FEARS: Alerts ‘have had impact’ but campaign planned to protect reputation

OFFICE of the Prime Minister communications director Latrae Rahming said the Davis administration acknowledges that travel advisories and global reports about crime in the country have affected the tourism industry, with the government preparing to launch an aggressive campaign to promote and protect the country’s reputation.

Bahamas intensifies Latin America push

The Bahamas Financial Services Board (BFSB) participated in the annual Hedge Fund Brazil Forum in Rio de Janeiro on April 3-4. As a sponsor, BFSB was able to field a promotional exhibit during the 3-day event.

'Legalising marijuana in the Bahamas should not be up for discussion'

THE estimated multi-billion dollar medical marijuana industry should not be up for discussion in The Bahamas, according to Rev Dr Randford Patterson.

Gov't announces its tourism restructure

The Government has moved to restructure tourism management as the country bids to increase its market share by 4-5 per cent.

Expert warns fraud is common in the Bahamas

A certified Bahamian fraud examiner said fraud is common in the Bahamas and that people are finding ways to come up with more “complex and diversified” fraudulent schemes.

WORLD VIEW: France and the US broke Haiti; they should be the first to mend it

WHEN the Foreign Ministers of the world’s wealthiest nations gathered in Brazil from February 21, 2024, Haiti’s dire situation found a brief moment of attention — not in the main agenda but on the sidelines of the G20 Foreign Ministers’ Meeting in Rio de Janeiro.

Bahamas targets ‘perfection’ on anti-financial crime rating

The Bahamas must achieve “perfection” and “40 out of 40” total compliance with anti-financial crime standards given the double standards often employed against it, the Attorney General said yesterday.

Abaco group appeals Supreme Court order to pay $250,000 'security costs'

AN Abaco-based advocacy group is contesting a Supreme Court judge’s order for it to pay the government and a US-based developer a combined $250,000 in “security costs” ahead of the group’s judicial review of the proposed construction of a marina at the heart of a solar powered community.

Gov’t to avoid global bond market for year

The Government last night affirmed it plans to avoid the international bond markets for the next 12 months while raising 57 percent of its $1.761bn financing needs for 2022-2023 from domestic investors.

Coca-Cola supplier just 6-8% behind pre-COVID

Caribbean Bottling’s president yesterday revealed it is just 6-8 percent behind pre-COVID business levels despite the cost of key raw materials surging by as much as 20-40 percent.

INSIGHT: Without literature how can we develop successful 21st century citizens?

In its struggle to gain a secure foothold in today’s global village, The Bahamas is ardently seeking models of success, particularly from the super states which control the lion’s share of the world’s wealth.

CARICOM, Latin American nations ‘front of mind’ with regards to US vaccines

A UNITED States official said the Biden administration has not made a final decision yet on which countries will benefit from America’s promised vaccine sharing but stressed the COVID-19 situation in CARICOM and Latin American nations has been “front of mind”.

$352m Abaco resort to be 'hospitality beacon'

Abaco's $352m Montage Cay development will be a "beacon of hospitality", its developer and resort operating partner pledged yesterday.

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