Archive | February, 2019

Tragedy At Sea

Twenty-eight fatalities caused by a sunken Haitian vessel on Saturday, prompted an air and sea search by joint Law Enforcement Agencies in Abaco after several bodies were recovered from waters in Marsh Harbour, in the early morning hours. Local residents, on Saturday morning, shortly after 8, discovered the bodies in waters near Man O War […]

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VSEPS on the way for GB resort line staff

The process for those voluntary separation  packages (VSEPs) for line staff employees of The Grand Lucayan Resort is complete and now it’s time to move on to management, Tourism Minister Dionisio D’Aguilar, confirmed. “Preparing the final payments, going over the final numbers,” he said. “The union is well aware of what we’re doing, I don’t […]

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Three Murdered, Two Shot In Crime Spree

Three men were murdered hours a part, in separate incidents, and now police are searching for the culprits of these homicides. The men were gunned down between Friday night and Saturday morning in New Providence. According to police reports, shortly before 11:00pm, Friday, a male was standing outside a bar on Miami Street, off Cordeaux […]

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BIA Questions WTO accession

The Bahamas Insurance Association believes that the accession to the World Trade Organization should not put domestic insurers at a disadvantage when compared to their foreign counterparts.  Association Chairman Warren Rolle  said that the BIA does however support  the underlying principles of a free market economy. “Currently general insurance intermediaries are required to be 60 […]

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CORRECTIONS DEPT TO BE TRANSFORMED

The Bahamas Department of Corrections is  at a point of transformation, according to National Security Minister Marvin Dames.  Yesterday while addressing senior management in the first of a series of similar exercises,  the minister said for far too long prison officers have been known as the “stepchildren of law enforcement,” vowing that the department’s concerns […]

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Senators debate service lots resolution

The resolution seeking approval for the conveyance of 1.267 acres in the Fox Hill Community was the focus of a debate in the Senate  yesterday. The property, which sits on Romer and Armbrister Streets, is to be divided into 10 service lots to be sold to first time homeowners. The price tag is pegged at […]

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Opposition criticizes new Parliamentary Secretary

Opposition Senator Fred Mitchell  has roundly criticized  the appointment of former BAIC Chairman Michael Foulkes as a Parliamentary  Secretary. The PLP Chairman reiterated that the Prime Minister complained about government spending and promised to cut back. “We know that the government reduced the budget at the Ministry of Social Services and Urban Development, cutting back […]

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NEW PRISON COMMISSIONER TO BE ANNOUNCED SHORTLY

National Security Minister Marvin Dames yesterday announced that the interviewing process for a new commissioner for the Bahamas Department of Corrections is complete and the successful candidate is to be announced shortly.  Mr. Dames said, “I can tell you at last report there were about eight  persons who would have applied and they were already […]

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NHI Changes Insurance Industry

The Bahamas Insurance Association supports the government’s efforts of a sustainable Universal Health Coverage for The Bahamas, but according to Deputy Chairman Tina Cambridge, if the  Cabinet accepts the National Health Insurance Authority’s (NHIA)  proposal in full, this would result in significant shifts in   aspects of the industry.  The most recent proposal by the […]

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Gov’t Revenue Boost

A look at the first six months of the current fiscal year indicate a revenue boost of $129.5 million, a 14.7 per cent improvement when compared to how the figures stacked up in fiscal year 2017/2018. Behind the improvement are higher receipts of Value Added Tax (VAT) coupled with an almost three-fold increase in stamp […]

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