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Atlantis eyes $500m in fresh investment

Atlantis is on target to “exceed” 90 percent of pre-COVID occupancy levels for the 2022 full year, a senior executive has revealed, as it eyes “well over $500m” in new investment for this decade.

Marsh Harbour business robbed

ABACO police are investigating an armed robbery that occurred at a business establishment in Marsh Harbour over the weekend.

Police search for four men in Grand Bahama

FOUR men are being sought by police on Grand Bahamas in connection with various criminal offences.

Bahamas claims 2 gold, bronze at Babe Ruth Caribbean Region Championships and Invitational

THE Bahamas claimed three medals at the inaugural Babe Ruth Caribbean Region Championships and Invitational.

Legal battle looms over Treasure Cay rejection

A controversial Austrian financier is preparing for a legal battle after his bid to acquire Abaco’s Treasure Cay resort property was rejected by the Government.

Two in hospital after three stabbing incidents

Two people are in hospital with serious injuries after three separate stabbing incidents – one in Abaco and two in Grand Bahama.

Police investigate suspicious death after body found in abandoned vehicle

Grand Bahama Police are investigating a suspicious death after a decomposed body was discovered in an abandoned vehicle in Freeport.

Attorney hails economy of independent Bahamas

Grand Bahama attorney David Thompson believes that after 49 years of independence the Bahamas has “the third most envious economy” in the Western Hemisphere, after America and Canada.

THE Free National Movement Council in Grand Bahama is hosting major fundraising events to help renovate the Sir Cecil Wallace-Whitfield Community Building that sustained severe flood damage during Hurricane Dorian.

EDITORIAL: Twin disasters of COVID and Dorian

WE ALL knew that COVID-19 had inflicted a hammer blow to the Bahamian economy. The scale of that impact is still only now becoming clear.

ECONOMY CRASHED $9.5BN FROM COVID: Full impact of crisis laid bare - including $2.4bn in lost wages

THE impact of COVID-19 on the Bahamian economy has been pegged at $9.5bn, according to a joint study by the Inter-American Development Bank (IDB) and Economic Commission for Latin America (ECLAC).

DevCO slams concrete maker over ‘gross underperformance’

The Grand Bahama Development Company (DevCO) has accused a concrete manufacturer or “gross contractual underperformance” and asserted that it cannot continue to grant it an aggregate monopoly that excludes local rivals.

Freeport man on murder charge

A FREEPORT man was charged with murder in the local magistrate’s court yesterday.

Teams arriving for Babe Ruth Caribbean Championships

While workmen are busy completing the final cosmetic work to the Baillou Hills Sporting Complex, teams are starting to arrive for the Babe Ruth 12-and-under Caribbean Championships and the 16-and-under Invitational.

Super Value transport budget up 47% as gas prices strike

Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.

Two men accused of rape, burglary and armed robbery

TWO young men were charged with burglary, armed robbery and rape, among other offences, in the Freeport Magistrate’s Court yesterday afternoon.

Contradictory Futures

ActivTrades

On the futures markets, metal prices have recently fallen sharply. This is not an all-clear for inflation, because if you look at longer-term price development, the problem becomes more than clear.

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