Archive | June, 2012

BTC To Make Amends Through Promotions

Officials at the Bahamas Telecommunications Company (BTC) said instead of providing direct compensation to thousands of its customers for service interruptions it will host a number of promotions over the summer. “We will do a series of promotions starting in early July,” Vice President of Marketing and Branding Marlon Johnson said at a news conference […]

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$1M Challenge For Farmers

Minister of Agriculture and Marine Resources V. Alfred Gray on Monday said the government is prepared to pump massive amounts of money into farming and fishing and issued a $1 million challenge to any Bahamian wanting get in the field. During his 2012/2013 Budget contribution in the House of Assembly, Minister Gray said over the […]

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RBPF Vessels Not Seaworthy

The fight against poaching in The Bahamas is being hindered due to the fact that more than a half of Royal Bahamas Defence Force (RBDF) vessels are inoperable and not seaworthy, according to Agriculture and Marine Resources Minister V. Alfred Gray. In the House of Assembly Monday, Minister Gray said based on information he has […]

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Radar Bids Being Evaluated- 6 Companies Being Considered

The government is now evaluating bids for a new air traffic radar, as the current malfunctioning ASR8 radar at Lynden Pindling International Airport (LPIA) has been causing major delays and other problems. Once a bid is accepted, air traffic controllers will still have to wait at least another year before the new system will be […]

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Talks Underway To Determine The Bahamas’ Airspace

The government is anticipating some major moves forward in the aviation sector including reentering into talks with regional neighbours and the United States to redefine The Bahamas’ airspace, revealed Transportation and Aviation Minister Glenys Hanna-Martin. The transportation and aviation minister said that ensuring that The Bahamas’ aviation sector progresses and stays on the cutting edge […]

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Grant Defends His Record

The former Free National Movement (FNM) Government continues to catch flack for the over budget New Providence Road Improvement Project (NPRIP), but that has not stopped former Minister of Works and Transport Neko Grant from defending his record. Minister Grant was giving his contribution to the 2012/2013 Budget debate yesterday afternoon. He said despite the […]

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TRAGEDY AT SEA

At least 11 Haitians were killed yesterday after the boat they were on capsized in the northern Bahamas, police said. Police said 28 people were on the vessel when it sank. According to authorities, the group was headed to the United States. Up to press time Monday night, 11 people were confirmed dead and police […]

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Those Quite Ordinary Bahamians

Like their counterparts around the world, quite ordinary Bahamians go to the polls, vote and therefore sometimes vent their electoral wrath on this or that party or group long gone arrogant. Some of these voters voted as they did for the Progressive Liberal Party because they were sick and tired of being taken for granted […]

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Tourism Growth Tied To Recovery Of US Economy

Local economists have repeatedly stressed that the US’ economy will have to recover before The Bahamas’ tourism sector sees further growth, and on Friday the Central Bank echoed those sentiments. In its latest economic report, the bank said even though the global recovery is “fraught with significant headwinds” it will continue to support the improvement […]

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CENTRAL BANK-57

Deficit Widens

The Central Government’s overall deficit widened over the nine months of the 2011/12 fiscal year, as the growth in expenditure outpaced revenue intake, according to the Central Bank of The Bahamas’ latest monthly report. According to the bank’s Monthly Economic and Financial Developments (MEFD) report for April, preliminary data for government’s budgetary operations over the […]

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