NASSAU, BAHAMAS — The Inter-American Institute for Cooperation on Agriculture (IICA) continues to support The Bahamas in its efforts to advance and enhance the agricultural sector. The IICA recently sponsored a television appearance featuring Minister of Agriculture, Marine Resources and Family Island Affairs Clay Sweeting on the national Brazilian TV Show “Agro America” that focuses […]
Tag: The Bahamas
“WE HAVE TO BE MORE CAUTIOUS”: Govt hopes to mitigate virus spread with new cruise regulations, says minister
“If you want to come to The Bahamas (by cruise), you have to be vaccinated” NASSAU, BAHAMAS — The government is hoping to mitigate any potential spread of the COVID-19 virus from cruise passengers with its latest regulations calling for all passengers 12 and older to be fully vaccinated, according to Tourism and Aviation Minister […]
MORE ROOM ON THE AIR: NP could get new stations as URCA issues RFA for radio frequencies
Deadline for applications is August 13 by 3pm Applicants must emphasize previously unmet needs and interests of listeners NASSAU, BAHAMAS — The Utilities Regulation and Competition Authority (URCA) yesterday issued a request for applications (RFA) for an individual spectrum license (ISL) for use of frequency 90.7 MHz or 105.7 MHz to provide FM radio broadcast […]
A BIT MORE TIME: Govt extends landing date of SERZ order for vehicles to end of August
NASSAU, BAHAMAS — The Ministry of Finance yesterday announced that the government has agreed to amend the Special Economic Recovery Zone (SERZ) order to allow for the tax-free provision of eligible vehicles landed in the designated areas before August 31. The Ministry of Finance noted that, consistent with the current SERZ order, this would apply […]
NUMBERS MATTER: One stopover visitor spends as much as 28 cruise visitors, cites IDB report
“Homeporting of cruise lines could help significantly in increasing the amount that cruise visitors spend in the country” NASSAU, BAHAMAS — Homeporting of cruise lines in The Bahamas could significantly increase cruise passenger spend, according to an Inter-American Development Bank (IDB) report that noted it takes 28 cruise visitors to equal the spend of one […]
WSC’s near $20M debt adversely impacting liquidity of Bahamian subsidiary, says Consolidated Water
NASSAU, BAHAMAS — Consolidated Water recently noted that delays in collecting on nearly $20 million in receivables from the Water and Sewerage Corporation (WSC) have adversely impacted the liquidity of its Bahamas subsidiary. The BISX-listed water supplier, in its annual year-end 10-K filing with the US Securities & Exchange Commission (SEC), noted: “CW-Bahamas’ accounts receivable […]
Canada suspends airline service to all Caribbean destinations until April 30
D’Aguilar: The vaccine is the great hope NASSAU, BAHAMAS — While the latest travel restriction by Canada is expected to impact the country’s tourism, Minister of Tourism Dionisio D’Aguilar said yesterday that that effect was already being felt. Canadian Prime Minister Justin Trudeau has announced that the country will suspend airline service to Mexico and […]
Minister remains tight-lipped on Turner’s transfer
NASSAU, BAHAMAS — Minister of National Security Marvin Dames remained tight-lipped on why former Parliamentary Commissioner Philip Turner was transferred to the Ministry of Youth to become its undersecretary, saying: “That’s not on my radar.” Eyewitness News revealed that Turner, who made recommendations for the government to make the voter’s register continuous ahead of the act […]
Stapledon School employee shot dead, found in classroom
Third murder in 24 hours NASSAU, BAHAMAS — A male employee of Stapledon School was shot dead and discovered in a classroom on the Dolphin Drive campus shortly before noon today, according to police. Officers responding to reports of a body being found on the campus, were directed to a northwestern classroom where they found […]
Johnson: Natl. census delayed until next year
NASSAU, BAHAMAS — The 2020 national census has been postponed until next year when the Cabinet will finalize the timeframe of the exercise, Acting Financial Secretary Marlon Johnson said yesterday. “Obviously it did not happen due to this COVID situation and no definite timeframe has been set as yet for consideration by Cabinet,” Johnson told […]
Former health minister expects The Bahamas to impose UK travel ban
NASSAU, BAHAMAS — Former Minister of Health Dr Duane Sands said he expects The Bahamas will follow suit with several other jurisdictions and impose restrictions against travelers from the United Kingdom as it experiences a surge of a new strain of the coronavirus. “The Bahamas was one of the first countries in the world to […]
PM says he’ll be among the first to get COVID vaccine
NASSAU, BAHAMAS — Pointing to the success of vaccine trials in the United States, Prime Minister Dr Hubert Minnis said today that once a COVID-19 vaccine is introduced in The Bahamas, he will be one of the first recipients. Health officials reported 11 new cases of COVID-19 for Tuesday; however, the report, which was released […]
Bahamas must be more open to inward investment, says ERC co-chair
NASSAU, BAHAMAS — The Bahamas must be more open to inward investment if it wants to accelerate the pace of its economic recovery, the Economic Recovery Committee Co-Chair suggested yesterday. Acting Financial Secretary Marlon Johnson, who was addressing the Bahamas Institute of Chartered Accountants (BICA) conference yesterday in his capacity as ERC co-chair, noted that […]
Retailers relieved over chance for survival
Small and medium-sized businesses were losing 75 percent of their sales NASSAU, BAHAMAS — Retailers last night expressed relief that they have been “given a chance to survive” by getting the green light to allow customers in their establishments once again. During his national address on Sunday, Prime Minister Dr Hubert Minnis announced that “the […]
Bahamasair to restart international flight schedule November 15
NASSAU, BAHAMAS — Bahamasair has announced that it will restart its international flight schedule beginning November 15. The airline said in a statement yesterday that international service will begin in three phases. In Phase I, beginning November 15, flights will operate into Fort Lauderdale, Cap Haitien and Port Au Prince Haiti. In Phase II, beginning […]
Government signs agreement with ITU for national cybersecurity project
NASSAU, BAHAMAS — The government yesterday announced that it has signed a partnership agreement with the International Telecommunications Union (ITU) for a ‘historic’ national cybersecurity project. The ITU is the Information and Communication Technology (ICT) arm of the United Nations. The National Cybersecurity Project will provide technical support to The Bahamas through the assessment of […]
Credit demand declines sharply in first half of 2020
NASSAU, BAHAMAS — A Central Bank survey of bank lending conditions has revealed that demand for credit declined sharply across all markets during the first half of 2020, as application volumes fell to “historically low levels”. The regulator noted that during the first half of 2020, demand for credit was largely impacted by the COVID-19 […]
Rolle: Full tourism recovery not expected until 2023
NASSAU, BAHAMAS — Central Bank Governor John Rolle said yesterday the full recovery of the country’s tourism sector is not expected until 2023. Rolle noted that the pace and timing of the recovery will depend largely on how effectively domestic interventions manage the spread of COVID-19 inside The Bahamas, and the speed of global efforts […]