Exports for the Bahamas declined by 16.6 per cent while imports fell by 16.45 per cent
Concerns have arisen for the continuity and leadership of the Utilities Regulation & Competition Authority’s (URCA) during this crucial period.
Usman Saadat resigned as chief executive officer of the Utilities Regulation and Competition Authority (URCA) after receiving death threats against him and his family.
PLP Renaldo Curry will be challenging Prime Minister Hubert Ingraham for the North Abaco seat in the next general election.
Due to a shortage of funds the much promised new hospital will not be built, confirmed Dr. Minnis at a town meeting.
Ten members of the executive council of the fledgling National Development Party, including the leader, have jumped ship to join the PLP.
Voluntary staff reductions at BTC are expected to take place within the next year, a company executive said.
Colina Insurance Limited’s rating outlook was downgraded from “stable” to “negative”, a move that was linked to concerns about Colina’s real estate investments.
Business has declined significantly for some family island resorts while others have seen major boosts of as much as 55 per cent in occupancy.