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Thursday, November 20, 2025
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New aviation fee hikes are ‘too many bits and pieces’ • Warning CAA-B proposal may hit tourism competitiveness BAHAMIAN aviation operators yesterday warned • Operators sounding alarm: regulators that the industry’s commercial viability, ‘It’s just one fee after another’ together with tourism’s cost and price competitiveness, are • Assert that ‘no sector of under threat from new and increased fees that are being Bahamian aviation is unscathed’ imposed in “too many bits By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
and pieces”. Anthony Hamilton, president of the Bahamas Association of Air Transport Operators, told Tribune Business that too many government agencies are operating in “silos” and failing to see the bigger picture
impact in implementing fees which - while seemingly modest when all viewed separately - threaten to squeeze margins and profits through their combined impact.
Speaking out after the Civil Aviation Authority of The Bahamas (CAA-B) this week unveiled a ten-page dossier of new and increased fees it proposes to implement, he urged it to avoid a “copycat
ANTHONY HAMILTON
feet of space for retail shopping - 40-plus retail spaces and anchor tenant - a 35,100 square foot Class A office building, a performing stage and commercial space for showrooms over nine acres,”
the EMP by Bahamian environmental consultants, Waypoint, disclosed. “Activities include site clearing and grading, and excavation for installation of utilities and structures. The
Commonwealth ‘significantly below’ loan arrears averages By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net COMMONWEALTH Bank says the number of “qualified” borrowers has improved following the Bahamian economy’s postCOVID reflation with both non-performing credit and loan arrears “significantly below” the commercial banking industry average. Tangela Albury, the BISX-listed lender’s chief financial officer, told Tribune Business that The Bahamas’ first-ever credit bureau is also aiding decisions on whether to provide loan applicants with credit because it is providing greater insight and
TANGELA ALBURY transparency into their borrowing history with other banks. Persons with “unresolved debts” are now being forced to return to prior lenders to deal with such
CREDIT - See Page B4
Goldie’s suffers $6m loss from Arawak Cay blaze By FAY SIMMONS Tribune Business Reporter jsimmons@tribunemedia.net GOLDIE’S Conch House yesterday revealed it suffered a $6m blow from Sunday’s fire that destroyed its Arawak Cay restaurant but reiterated its pledge to “build back stronger”. Kirkwood “Goldie” Evans, its proprietor, said he is drafting plans to ensure his property can withstand future disasters by replacing wooden elements with block construction and other fire-resistant materials. moving forward
with rebuilding plans for his restaurant which was destroyed by Sunday’s fire at Arawak Cay. He added that he has already prepared a reconstruction plan and will be submitting it to the Ministry of Works for approval, and fully expects it to point out any issues. Mr Evans made clear that he intends to follow all laws, rules and regulations required for rebuilding and Building Code compliance. “I’ve already drawn a plan so I’ve got to submit my plan to Ministry of
REBUILD - See Page B3
Bahamian fisheries split over sign-on to Caribbean body •
Bahamas no longer ‘backbencher’ in regional talks
•
Alliance chief: Greater protection for local exclusivity
•
But NFA secretary fears ‘sovereignty compromised’
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
nine-acre parcel is part of a larger 30-acre development as phase one. The project site is located east of Baha Mar Boulevard, north of MacFit 360 Fitness, and south of the Skyline Lakes Subdivision. The property is separated from the subdivision by a 150 foot BPL (Bahamas Power & Light) reservation.” Ansell Watson, Brickell Management Group’s president, did not respond to Tribune Business messaged questions seeking further
CONSTRUCT - See Page B5
JOIN - See Page B6
ACCESS - See Page B7
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
OVERALL SITE PLAN FOR BRICKELL SQUARE
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BAHAMIAN fisheries groups are split over the merits of formally signing on to a Caribbean body with some arguing it gives this nation a “voice at the table” and others warning it “compromises sovereignty” amid the ongoing threat from foreign poachers. Adrian LaRoda, the Bahamas Commercial Fishers Alliance’s (BCFA) president, told Tribune Business that this nation becoming a full member of the Caribbean Regional Fisheries Mechanism (CRFM) is “a positive step” since the country will no longer be a “backbencher” and passive observer when international fisheries policies are being discussed and agreed. He explained that, prior to The Bahamas’ recent sign-on, it only had observer status at CRFM discussions and could not participate in the talks or intervene to protect its national interests. Mr LaRoda recalled how, in his capacity as former chair of a Caribbean fisheries group, he was messaging the then-minister responsible for the industry and the director of fisheries on what was happening at a CRFM meeting because they could not participate. However, Paul Maillis, the National Fisheries Association’s (NFA) secretary, told this newspaper that his group does not support The Bahamas becoming a full CRFM member for fear it could provide a backdoor for foreign Caribbean nationals to fish in this nation’s territorial waters and exploit its stocks. He argued that the annual contribution that The Bahamas must now make to cover the CRFM’s operational costs amounts to an “unnecessary expense”, and asserted that the move “does nothing” to preserve the sustainability of Bahamian fisheries stocks or protect the country’s borders from the poaching menace.
and copy and paste” approach based on adopting fee schedules and structures from
Sebas-chaired developer in Skyline retail, offices A DEVELOPER chaired by Sebas Bastian, the Island Luck co-founder and PLP’s Fort Charlotte election candidate, is seeking environmental approvals to construct a nineacre retail and office complex just south of the Skyline Lakes subdivision. The environmental management plan (EMP) for Brickell Square, which is being developed by Brickell Management Group, said the initial phase - which would be constructed on the eastern side of Baha Mar Boulevard between Skyline Lakes and the MacFit 360 Fitness and Performance gym - is part of a much larger 30-acre project at that site. “The development by Brickell Square Commercial includes 94,000 square
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THE TRIBUNE
CRUISE POWER PROVIDER ACCEPTS AN EXTRA $12M A CRUISE ship power provider was yesterday said to have accepted an extra $12m in investor capital after its $100m bond issue was over-subscribed. Colina Financial Advisors (CFAL), the financial adviser and placement agent for Island Power Producers’ (IPP) latest debt capital raise, which closed on November 14, said confirmations that the latter has accepted their capital will be e-mailed to investors this Friday. The $112m bond raise follows an earlier August equity share offering through the CFAL Private Equity Fund, which was designed to give individual retail investors an opportunity to obtain ownership in the Island Power Producers project. That was also oversubscribed, raising $12m in equity.
Island Power Producers is licensed to develop a liquefied natural gas (LNG)-powered, shoreside energy plant to supply clean, reliable electricity to cruise ships docked at the Nassau Cruise Port. CFAL said that, with the equity component now finalised and bond financing secured, Island Power Producers is well-positioned to advance its project. Angelo Butler, CFAL’s manager of corporate advisory services, said the performance of the two offerings within months of one another demonstrated strong investor confidence in both the project and the future of LNG-powered energy solutions in The Bahamas. He added that it also showed growing investor appetite for innovative infrastructure projects within the Bahamian capital
markets. “CFAL extends its sincere appreciation to the private and institutional investors who participated in the bond offering,” Mr Butler said. Erold Farquharson, Island Power Producers’ chief executive, thanked investors for their confidence in the company and reiterated its commitment to delivering a high-class power plant and LNG facility in 2026. The Island Power Producers bond offering is understood to have attracted strong, broadbased support in the Bahamian capital markets with investment houses, their institutional and high net worth clients, all attracted by the prospect of relatively high 8 percent interest returns. Other attractions will likely be that Island Power
ENERGY - See Page B6
COMMONWEALTH BANK LIMITED COMMONWEALTH BANK ANNOUNCES HISTORIC DIVIDEND DISTRIBUTION OF $0.05 PER SHARE
Executive Chairman, William B. Sands, Jr., DM Commonwealth Bank Limited
Commonwealth Bank Limited is pleased to announce the declaration and distribution of an extraordinary dividend of $0.05 per share, marking a defining milestone in the institution’s distinguished history. This dividend represents the first time in the Bank’s history that a distribution of this magnitude has been issued and stands as the largest extraordinary dividend ever declared, surpassing the previous record set earlier this year when the Bank paid an extraordinary dividend of $0.04 per share. This significant payout underscores the strength of Commonwealth Bank’s financial position and its sustained commitment to delivering long-term value to its shareholders.
In announcing the historic dividend, Executive Chairman, William B. Sands, Jr., emphasized the significance of this achievement within the broader financial landscape. “This historic extraordinary dividend represents the first time the Bank has issued a payment of this magnitude, underscoring a period of strong operational results, resilient balance sheet management, and continued confidence in the Bank’s ability to generate stable earnings in a dynamic economic environment.” Mr. Sands went on to say, “As we celebrate the Bank’s 65th Anniversary, this dividend payment marks a historic moment for Commonwealth Bank and underscores the resilience, discipline, and forward-looking strategy that have guided this institution for decades. Our commitment to delivering sustainable value for our shareholders remains paramount, and this distribution reflects our confidence in the Bank’s performance, its strategic direction, and its continued capacity to support national economic growth. We are proud of the strength of our business model and the dedication of the team that makes this outstanding performance possible.” The decision to issue this extraordinary dividend follows a comprehensive assessment of the Bank’s capital adequacy, liquidity profile, risk position, and earnings sustainability. Supported by strong operating results, robust asset quality, and prudent balance sheet management, the Bank is confident that this distribution aligns with its long-standing philosophy of performance driven stewardship and responsible governance. Speaking on the significance of the milestone, President Denise Turnquest highlighted the strategic strength underpinning the Bank’s ongoing success. “This milestone dividend payment reflects the depth of our strategic execution and the strength of our operational performance. We continue to demonstrate disciplined leadership, strong asset quality, and an unwavering focus on delivering consistent value to our clients and shareholders. As we advance our long-term priorities, Commonwealth Bank remains committed to enhancing competitiveness, strengthening financial resilience, and contributing meaningfully to the prosperity of the Bahamian economy.” The Bank’s financial foundation remains strong, supported by deliberate and disciplined fiscal management. Senior Vice President and Chief Financial Officer, Tangela Albury, reaffirmed the Bank’s solid financial footing and long-term stability. “The distribution of this exceptional dividend is the result of deliberate financial discipline, prudent risk management, and sustained earnings momentum. Our capital position remains strong, our liquidity remains sound, and our financial performance continues to reflect a wellmanaged and resilient institution. This dividend payment is both a reflection of confidence in our balance sheet and a reaffirmation of our long term commitment to responsible value creation for our shareholders.” Commonwealth Bank expresses sincere appreciation to its shareholders for their continued confidence, to its clients for their loyalty, and to its employees whose professionalism and dedication remain central to the Bank’s success. As it continues to build on a strong financial foundation, the Bank remains firmly positioned to advance national financial stability and deliver sustained value across the Bahamian economy. Commonwealth Bank Limited is the largest and most successful Bahamian bank in The Bahamas, boasting a workforce of over 590 staff members and $1.93 billion in total assets. With a proud 65-year legacy of service and convenience, the Bank provides an innovative and user-friendly Mobile app and Online Banking platform. Commonwealth Bank maintains twelve branches strategically located in New Providence, Abaco, Eleuthera, and Grand Bahama. The Bank now operates a network of 36 ATMs nationwide. This expansive network, inclusive of a Mortgage Centre, Client Services Centre and Merchant Services Centre, is designed to provide access to a comprehensive range of competitive products and financial services to cater to the diverse needs of our clients. Please visit the Bank‘s website at www.combankltd.com for information on Commonwealth Bank’s history, financial reporting and a full set of audited financial statements.
“Leader in Personal Banking Services” www.combankltd.com
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Thursday, November 20, 2025, PAGE 3
BAHAMIAN SEAPLANE PROVIDER SEALS $30M EXPANSION DEAL By FAY SIMMONS Tribune Business Reporter jsimmons@tribunemedia.net A BAHAMIAN seaplane company yesterday disclosed it has sealed a $30m partnership with a Virginia-based aerospace company to help expand its operations and inter-island connectivity. Tidal Flight and Seaplane Safaris (Bahamas) have signed a Letter of Intent (LOI) for the introduction of five Polaris Amphibian hybrid-electric aircraft into the latter’s fleet. The
agreement, valued at more than $30m, aims to bring advanced, low-emission seaplane technology and expanded inter-island mobility to The Bahamas. Dr Kenneth Romer, director of aviation, said such strategic partnerships help drive tourism, stimulate economic growth and improve connectivity between communities across the Family Islands. “As part of our National Aviation Strategic Plan, The Bahamas continues to position itself among the global leaders in sustainable aviation best practices, while
showcasing how innovation, environmental stewardship and strategic partnerships with stakeholders like Seaplane Safaris can drive tourism, economic growth and community connectivity,” said Dr Romer. He added that the aircraft will operate out of New Providence at Jet Nassau, and can service the entire Bahamian archipelago. Being amphibious, the planes can land on both runways and water, offering flexible operations similar to the range of existing Cessna Caravan EX aircraft.
JP Roberts, founder and chief executive of Seaplane Safaris, said the planes are cost-effective and environmentally friendly, making them a practical option for air travel within The Bahamas. He added that using these planes will help the country achieve long-term goals such as sustainable tourism, better connections between islands, and the creation of new aviation opportunities that benefit both visitors and local communities. “The affordability and low environmental impact of operations with Tidal’s
‘DON’T BEAT GB’S TAXIS WITH PLATE RECALL SWITCH’ By ANNELIA NIXON Tribune Business Reporter anixon@tribunemedia.net THE Government cannot beat taxi operators in Grand Bahama and New Providence “with the same switch” over taxi plate recalls given that the island’s economy is still rebuilding following Hurricane Dorian and the COVID-19
pandemic, a union leader argued yesterday.. Harold Curry, the Grand Bahama Taxi Union head, while backing the Government’s crackdown on inactive taxi and livery plates left behind by deceased persons said he disagreed with the intention to collect plates from the living - especially those in Grand Bahama.
Restaurant’s rebirth set to be fully Building Code compliant REBUILD - from page B1 Works. Hopefully they can speed it up for me so I can get going,” said Mr Evans, estimating damages to his recently-renovated restaurant at $6m. “If something isn’t right or something is wrong, I expect them to get after me as quick as they can and tell me ‘you would change this’, ‘we don’t want you to do this’ or whatever it is. I am going to abide by the laws, rules and regulations.” Mr Evans said redevelopment plans include constructing his kitchen with stronger, more fire-resistant materials — including concrete block walls to make the structure more durable and better protected so that, if a disaster like Sunday’s fire occurs again, the damage will be far less severe.
“My kitchen is going to be block, straight up block, cement board, tile, and I’m going to see if I can get metal roofing instead of wooden roofing. I going to try for metal roofing, so hopefully I’ll be secure in case something happens like this again. We wouldn’t suffer the damage we suffered this time,” said Mr Evans. He added that vendors urgently need some form of government assistance to help them rebuild, whether that support comes as building materials, financial help or any other kind of aid. “I just looking for some kind of support, or whatever support we could get from the Government, whether they want to buy a material, whether they want to donate money. Whatever it is, we need some help
“They're taking some 800 plates between Nassau and Grand Bahama from these people who have these plates and aren’t utilising them. But one of the concerns I have with that, and what I disagree with taking these plates, in Nassau I can see them doing it,” he explained. “Those people who was disenfranchised with their plates, and didn't have it
from the Government,” said Mr Evans. Rodney Russell, president of the Arawak Cay Conch, Fish, Vegetable and Food Vendors Association, confirmed that the vendors impacted by the fire had an “introductory” meeting with Prime Minister Philip Davis KC on Monday to familiarise him with those who lost their assets, structures and income due to the fire. He said while the Prime Minister gave an “assuring talk”, he did not make any promises of compensation or specific assistance. Instead, the responsibility to work with the affected vendors has been delegated to Jomo Campbell, minister of agriculture and marine resources, and Clay Sweeting, minister of works and Family Island affairs. “There were no promises, real promises, made for compensation or how they’ll go about trying to assist us,” said Mr Russell.
on the road for quite some times, they are the people who already died five, six, seven, eight,years ago. And their families just keep the plate and keep them under the bed or so forth - never even tried to even put them on the road. I can see them going ahead and repossessing those plates, and issuing them to the people who really need it. But she’s [Jobeth Coleby-Davis, minister of transport and energy] trying to take the plates from people who are alive and they plate wasn’t on the road from like 2019.” Mr Curry noted that Grand Bahama’s economy is still recovering from both Hurricane Dorian, which swept through the island in September 2019, and the COVID-19 pandemic, which impacted the world in 2020. Both events have left Grand Bahamians, including taxi drivers, “struggling.” He added that taxi operators in Grand Bahama are prioritising the reconstruction and renovation of their homes before they place their cabs back on the road for service. He called on Mrs Coleby-Davis to give grace to Grand Bahama taxi drivers. “I don't think that's right. Grand Bahama went
Polaris aircraft will support The Bahamas’ long-term goals of sustainable tourism growth, enhanced inter-island connectivity and the development of new aviation opportunities that benefit both visitors and Bahamian communities,” said Mr Roberts. “Seaplane Safaris is proud to partner with Tidal Flight to showcase what’s possible when innovation and local expertise come together. As a 100 percent Bahamian company, our mission has always been to connect our islands in a safe, luxurious and
environmentally responsible way. This collaboration strengthens our ability to deliver on that mission.” Jude Augustine, co-founder and chief executive of Tidal Flight, said the company’s priority is to ensure its aircraft deliver real value to coastal communities worldwide. He explained that partnering with Bahamian companies such as Seaplane Safaris is crucial to understanding the specific needs of local communities as they develop and deploy hybrid-electric seaplanes.
through a pandemic, and also they went through Hurricane [Dorian] and the economy was down from then. So even though their franchise may not have been on the road for four or five years, those people put their priorities first,” Mr Curry said. “Those people also had house damage. You’re going to put your priorities first, and then try to put your franchise on the road. But the economy was down, and just starting to pick up a little bit now. So she needs to give those people a chance. “Grand Bahama was struggling for a long time and we’re just trying to pick up little bit. They aren’t even giving people a chance to put vehicles on the road. If your house damaged and your car damaged in a hurricane, which one are you going to fix first? With the little money you have, what are you going to fix first? You’re going to try to fix your house first. And, from 2019, the economy was dead. So at least give these people the chance, the privilege, to recuperate.” Mr Curry added: “Don’t take it from the people who in the business and need it but just can't afford [it]. Guess what? Prior to that, before 2019, if you do a background check, all of those people was on the road.
“You can't put Grand Bahama and Nassau on the same level. Nassau didn’t go through what we went through, and Nassau making more money than us. Nassau making trips every day and they’re moving. So you can’t beat us with the same switch.” Mr Curry’s concerns follow the Ministry of Energy and Transport’s announcement earlier this month that nearly 800 taxi and livery plates will be recalled at the end of November in an effort to address what Mrs Coleby-Davis said has “skewed” revenue intake at the Road Traffic Department. In an audit conducted by the Department, approximately 783 plates were identified as inactive, in both Nassau and Grand Bahama, meaning they have not had any activity for six months or more due to delinquency or death of franchise-holder. While Mrs Coleby-Davis, during the 2025-2026 Budget debate, announced the voluntary surrender exercise which promotes the return of inactive plates, the Ministry also noted that holders of inactive plates who wish to keep them should contact the comptroller of Road Traffic by November 30 to be advised how they may avoid the recall.
PAGE 4, Thursday, November 20, 2025
THE TRIBUNE
CABLE IN NEAR-FOURFOLD FIRST QUARTER PROFIT RISE
CABLE Bahamas yesterday unveiled a near-quadrupling of net profits for the first quarter in its 2026 financial year with a 5.7 percent improvement in top-line revenues largely driven by one-off equipment sales. The BISX-listed communications provider, disclosing almost four-fold net and comprehensive income growth for the three months to end-September 2025, said the year-overyear increase was produced
primarily by revenue and operating income rises. Revenues jumped by $3.469m year-over-year, growing from $60.538m to $64.007m. This outpaced the almost-$1.7m growth in operating expenses to $38.885m for the 2026 first quarter, helping to drive a $1.773m improvement in earnings before interest, taxation, depreciation and amortisation (EBITDA) for the three months to end-September 2025. Cable Bahamas, in a statement, said first quarter
EBITDA had increased year-over-year by 7.6 percent to $25.1m as opposed to $23.3m during the same period in 2024. It attributed margin improvements to ongoing cost minimisation and operating discipline, and said the collection of outstanding receivables owed by the Government had boosted working capital and liquidity. Operating income rose by 25.9 percent year-over-year, striking $8.7m compared to $6.919m, but not all of this increase flowed to the
bottom line as preference share dividend payments increased by just under $1.4m. They rose by 31.4 percent, from $4.363m to $5.731m, which Cable Bahamas attributed to the $50m preference share capital increase - from $70m to $120m - that resulted from refinancing its Series One securities. As a result, net and comprehensive income rose from $444,000 during the same period in 2024 to $1.752m this time around. The BISX-listed
PREMIUM TEA VENDOR TO OPEN ATLANTIS SITE
Bank hires social media influencer for scam alert
A TEA retailer is opening an outlet at Atlantis to coincide with the upcoming Thanksgiving holiday weekend and the annual college basketball tournament that the mega resort hosts. Gong cha, in a statement, said it will offer its menu of premium teas, personalised with a wide range of flavours and toppings, from a location near the Paradise Island resort’s Royal Baths pool. The opening will occur in time for the annual Battle 4 Atlantis college basketball tournament. “Opening at Atlantis Paradise Island marks a major step forward in our non-traditional growth strategy, and demonstrates how Gong cha fits in seamlessly at experience-driven destinations looking to appeal to a global customer base,” said Michael Nedelkovich, Gong Cha’s vice-president of US non-traditional franchise development. “The Atlantis team particularly appreciated the brand’s flexible footprint and ease of operations,
situations before they are extended new loans. “As of September 30, 2025, our loan arrears rested at around 5.85 percent, and non-performing at 4.11 percent,” she disclosed. “Both decreased against the same period in 2024. These sit significantly below the industry average of 7.57 percent and 5.25 percent, respectively.” Non-performing loans are those 90 days or more past due, while arrears represent credit where payment has not been received for between 31 to 90 days. “We have seen an improvement in the number of qualified borrowers in The Bahamas, particularly as the broader economy has continued to strengthen in the post-COVID environment. As employment levels stabilise, more borrowers are meeting the standards required for responsible lending. Ultimately, credit demand from qualified borrowers is closely tied to the health of the economy, and we have certainly seen that positive correlation over the last few years,” Ms Albury added. “With respect to CRIF [the credit bureau], it is an important tool, and its role
which make it ideal for a range of high-traffic, high-volume environments.” Gong cha said that, with Atlantis peak-season foot traffic reaching around 7,000 daily visitors, the store will enhance visibility for the brand among millions of international tourists - many originating from markets where it already has a presence. The vendor said its move is part of Atlantis’ broader $250m transformation. “We’re thrilled to welcome Gong cha to Atlantis as we continue redefining our culinary and beverage offerings,” said Audrey Oswell, Atlantis president and managing director. “The brand’s commitment to quality and creativity complements our vision to deliver unique experiences that go beyond a traditional vacation, and it’s already becoming a favourite stop for our many international guests and team members.”
CREDIT - from page B1
JOB OPPORTUNITY Established technology company based in Nassau is seeking candidates for the position of
Network Administrator.
Ability to work effectively within a team, along with good oral and written communication skills are important. Minimum of five years’ experience with ability to deploy, configure, maintain and monitor all active network equipment in order to ensure smooth network operation. 2-5 years of working with Windows Server 2008 and up, supporting Exchange Server 2013 and up and O365/Hosted Exchange, strong Windows 7 & 10 desktop support. Knowledge of VMware ESXi and Cisco routing and switching a plus. Must have your own transportation. Please send responses to
resourcesit2@gmail.com
Halsbury Chambers is seeking to employ a Legal Secretary with the following experience: Three (3) - Five (5) years litigation/commercial/probate experience. Applicant must be able to work on their own initiative. Please send resumes to carolyn.adderley@halsburylawchambers.com
in the lending ecosystem is growing. CRIF is still maturing but, at its current stage, the insights it provides into the full indebtedness of a borrower are very helpful. It enables the Bank to make more informed decisions, promotes responsible borrowing and encourages greater transparency across the industry. “The greater transparency cannot be understated because customers who had unresolved debts are being forced to return to their bank to resolve these matters in order to access additional credit, and this has benefited the bank. As CRIF continues to evolve, and the data becomes even more robust, we expect it to play an increasingly valuable role for our bank.” Ms Albury disclosed that Commonwealth Bank has partnered with a Bahamian “social media influencer”, who she did not name, to help warn and educate customers about the growing threat from so-called ‘smishing’ and ‘phishing’ scams and other forms of digital-based financial fraud. “The bank has taken a multi-layered approach to protecting our customers and mitigating fraud schemes such as smishing,
communications provider paid an eight cents per share dividend to ordinary shareholders in September 2025. “Our first quarter results reflect a strong and steady start to fiscal 2026,” said Franklyn Butler, Cable Bahamas’ group chief executive and president. “Revenue and EBITDA growth demonstrate the resilience of our business and the disciplined execution of our long-term strategy.
“In financial year 2026, as we continue the nationwide rollout of our best-in-class ALIVFibr product, we are also taking deliberate steps to address service issues and ensure our customers receive the highest-quality experience. These efforts will further strengthen our financial position as we invest in infrastructure that supports The Bahamas and delivers value to customers, employees and shareholders.”
phishing and other digital-based scams,” she added, reiterating that Commonwealth Bank will never ask clients to provide their passwords. “The bank has sought to educate customers through the traditional platforms - direct messaging and e-mail, newspaper and website alerts. And the bank has also expanded its outreach by partnering with a local social media influencer to reach segments of our customer base who increasingly rely on digital platforms for information. At the same time, we continue to work closely with the Royal Bahamas Police Force to identify perpetrators and support the pursuit of criminal prosecution.” To keep pace with fast-evolving digital technology, the BISX-listed bank said it is now “working on fast, contactless payments using Android mobile devices – another important step in expanding digital choice, accessibility and convenience” following its launch of Apple Pay earlier this year. “We expect to release our new debit card, which will offer best-in-class security features. Customers will continue to see ongoing enhancements to our online presence as well,” Ms Albury told this newspaper, while also disclosing that it is “very positive” about the possibilities provided by the Central Bank’s agency banking reforms to expand its presence into Family Islands not currently served by Commonwealth Bank. “It is important to acknowledge that these changes create a meaningful avenue for expanding access to financial services, particularly in Family Islands that are not currently served by traditional brick-and-mortar branches. While we are still in the assessment phase, we are very positive about the potential of agency banking,” the Commonwealth Bank chief financial officer said. “We have already seen strong success with our ABM (automated banking machine) presence in North Andros, where the community has been extremely supportive and engaged. Their response has reinforced the importance - and the impact - of bringing
safe, convenient banking solutions closer to underserved areas.” Ms Albury said Commonwealth Bank’s decision to retire 4.623m ordinary shares previously held as treasury stock was “directly linked to the decision to wind-up its wholly-owned subsidiary, C.B. Securities Ltd”. This has reduced the total number of issued shares to 290.646m ordinary shares, boosting the value of each remaining share by reducing the supply of available stock. “Once the decision was made to wind up C.B. Securities, the law required that the shares it held be retired. We supported this process because, ultimately, retiring outstanding shares is beneficial to our shareholders - it reduces the number of shares in circulation and enhances value for existing owners,” Ms Albury added. “Simply stated, if you owned one share of five outstanding shares, you effectively owned 20 percent of a company. If that company decreased its outstanding shares to four, you now own 25 percent of the company, and any dividends or benefits derived from owning that company.” Backing the Central Bank’s move to create a so-called ‘basic banking account’ that all commercial banks will have to offer, Ms Albury said: “This initiative recognises that the cost of owning a bank account may preclude some persons from accessing the safety of a bank account for conducting their financial transactions. “Therefore, this initiative is an important step toward improving financial inclusion and ensuring that every Bahamian has access to safe, affordable banking services. The bank is committed to doing its part to make that vision a reality. :At the same time, it is important to acknowledge that implementing this initiative does come with a cost to the banks. Designing, administering and monitoring the specific criteria for these accounts - while ensuring compliance with regulatory requirements and maintaining the integrity of our systems - requires dedicated resources and ongoing oversight.”
THE TRIBUNE
Thursday, November 20, 2025, PAGE 5
Taxi union creates tour for Port Lucaya boost By ANNELIA NIXON Tribune Business Reporter anixon@tribunemedia.net THE Grand Bahama Taxi Union has created a new bus tour into Port Lucaya to attract tourists away from Carnival’s $600m Celebration Key project and generate income for themselves and other local businesses as Thanksgiving approaches. Experiencing its first run last Sunday, the Easy Port Lucaya Explorer saw its first nine customers. Harold Curry, the union’s president, said since then they
have catered to up to 20 tourists on tours into the Port Lucaya area and the number continues to grow. He added that the tour allows for guests to venture away from Celebration Key, and shop and explore Port Lucaya for a period of time. “We call it an Easy Port Lucaya Explorer,” Mr Curry said. “That's because we give them a sightseeing tour going into that area, and they explore the place and they shop around for like an hour-and-a-half or so. And we're trying to do another one in that area, as well. We are trying to do a bar hopping and scavenger
hunt in that area because we're trying to get some people from Celebration Key into Port Lucaya.” Noting that the taxi union has a bus, which is being used to conduct the tours, Mr Curry explained: “Whenever the union bus moves people, taxi gets a percentage.” He said that, eventually, taxis will also conduct the tour. “We trying to feel it up with the buses and then we'll hand it over to the taxis,” he said. “We're trying to get a feedback on how it will run and then the taxis will be doing it.” Mr Curry said the goal was to launch
the tour in time for Thanksgiving in an effort to feel out how well the tour will perform. “When we first started off, we had about nine and then the next one, we gone to 20,” Mr Curry said. “So it keeps going up and up every day. And we try and do it for Thanksgiving break, and before Christmas, because plenty people are coming for Thanksgiving and we're trying to see how it goes from there.” The Grand Bahama Taxi Union has been vocal about the challenges the opening of Carnival Cruise Line’s $600m Celebration Key
project has had on their business. Complaints that tourists stay at the project instead of catching taxis to explore Port Lucaya and other parts of Grand Bahama have been communicated to both Chester Cooper, deputy prime minister who is also responsible for tourism, investments and aviation, as well as transport and energy Minister, JoBeth Coleby-Davis. This has resulted in a massive decline in sales for taxi operators and local businesses. The Grand Bahama Chamber of Commerce president, Dillon Knowles, in September reported a
90 percent decrease in foot traffic to Grand Bahama businesses. A series of meetings have occurred with government officials in an attempt to address the issue. According to Mr Curry, the Ministry of Tourism is trying to get an office in Celebration Key and the goal is to get at least 500 persons out a day. The Grand Bahama Taxi Union is still awaiting a meeting with Mrs Coleby-Davis to further address the issue after the October 16 meeting was postponed.
FNM candidate challenges Rosewood Exuma decision By FAY SIMMONS Tribune Business Reporter jsimmons@tribunemedia.net THE FREE National Movement’s (FNM) candidate for Exuma yesterday questioned why it took so long for the $200m Rosewood Exuma developer to reconsider its plans. Debra Moxey-Rolle, in a statement, said it was unacceptable for the Government and developers to only reconsider the project after residents protested. She questioned why the project was approved, publicly supported and taken to a groundbreaking ceremony without proper consultation with those most affected. “It should never take public outcry for developers or the Government to reconsider a project of this scale,” she said. “The question every resident is now asking is simple. Why did it have to escalate before anyone acknowledged these concerns? Why was the project approved, publicly supported and taken all the way to a groundbreaking ceremony before
meaningful consultation with the people who would be most affected? The people of the Exumas deserve clear answers.” Speaking out after the Miami-based Yntegra Group announced the relocation of its service dock to “resolve the concerns” of neighbours, Mrs Moxey-Rolle said residents’ concerns about the project were ignored until public pressure forced the Government and developers to take them seriously. Yntegra Group, in a statement, highlighted that the Rosewood Exuma project was shaped through months of public consultation, independent technical studies and detailed review by the Town Planning Committee and Department of Environmental Planning and Protection (DEPP). The developer said legal challenges are “not unusual” for large projects, and it is voluntarily addressing them to avoid delays, maintain certainty for stakeholders and ensure the project delivers long-term benefits to the Exuma Cays
while maintaining respectful relations with neighbours. “Legal challenges of this kind are not unusual for major developments. To avoid further delays and bring certainty to all stakeholders, Yntegra has elected to seek to resolve the concerns raised by its neighbours. Our goal has always been to work respectfully with our neighbours and to bring meaningful, long-term benefits to the Exuma Cays community,” said Yntegra. “Yntegra remains committed to transparency, environmental stewardship and compliance with all regulatory processes. Our confidence in this project, and our dedication to the Exuma Cays, are unwavering, and we fully expect to create more than 500 jobs and business opportunities for Bahamians in Exuma, the cays and across the country. We are dedicated to delivering sustainable community development in an environmentally sound manner while creating meaningful economic impact in The Bahamas.”
FOCOL HOLDINGS LIMITED
TO COMMON SHAREHOLDERS The Board of Directors of FOCOL Holdings Limited has declared an Extraordinary Dividend Payment of 3 cents per share on Common Shares to all shareholders of record as of November 28, 2025. The payment will be made on or before December 11, 2025 through The Bahamas Central Securities Depository, the Registrar & Transfer Agent, in the usual manner. CARYL A.E. LASHLEY Corporate Secretary
“Fuelling Growth For People”
ROSEWOOD EXUMA PROJECT LOCATION
Brickell Square part of bigger 30-acre project CONSTRUCT - from page B1 details and comment before press time. The Brickell Square project appears to be one of the 14 developments previously cited as being in the group’s development pipeline by Mr Bastian, who valued their combined worth at $510m and forecast they would create 3,290 jobs for Bahamians over a multi-year timeline. Waypoint, in the EMP, recommended that Brickell where possible retain “upland forest” along the nine-acre development’s perimeter so as to minimise noise and visual construction impacts for Skyline Lakes residents. “Where feasible, the developer should consider preserving upland forest along the nine-acre parcel perimeter and broader development. It would be appropriate to remove all invasive species identified to prevent further establishment on the site and neighbouring areas,” it urged.
“The 150 foot-wide BPL right-of-way north of the property provides separation from the Skyline Lakes subdivision. Any preservation of a vegetative buffer by Brickell Square Commercial would further mitigate the potential for noise and aesthetic impacts. “Construction activities will be undertaken in phased stages, beginning with site preparation and land clearing, followed by foundation work, structural development and interior fit outs,” the EMP added. “As New Providence continues to develop, interior upland areas comprising primary and secondary forests are dwindling. “To mitigate this loss of intact forest, the development landscaping programme should include protected trees, specifically, those identified as endangered, threatened or endemic to the Bahamas such as the Thouinia discolor (Quicksilver bush) observed within the larger 30-acre parcel.”
The Waypoint EMP, giving further details about the nature of the development property, added: “At present, the nine-acre site is undeveloped though recently cleared within the interior. Adjacent properties include Macfit 360 Fitness club to the immediate south, a 150-foot BPL right-of-way to the north, and Skyline Lakes, a residential neighbourhood, north of the BPL right-of-way. Farther north is the Baha Mar Blue Golf Course. The western portion of the 30-acre parcel was formerly the Prospect Ridge Hospital. “Impacts pertain to the loss of remaining vegetation along the property boundaries where mature fruiting trees attract fauna. The removal of this vegetation along the high relief ridge line also presents the potential for sediment and erosion impacts without proper consideration for drainage during construction and operation. The use of silt fencing and other sediment control products is paramount to manage run-off during inclement weather and to retain the natural accumulation of leaf litter and more humic soil for use on-site.”
PAGE 6, Thursday, November 20, 2025
THE TRIBUNE
Association: Move does nothing to combat poaching by foreigners JOIN - from page B1 But Mr LaRoda, who dismissed suggestions that CRFM membership will erode a national investment policy that reserves fisheries for 100 percent Bahamian participation and ownership, argued that signing-on fully will actually strengthen this stance by giving the country a
platform from where it can defend and strengthen policies towards the sector. “The Bahamas has always been a part of the CRFM; it’s just The Bahamas never officially signed on,” the Alliance chief explained. “Meaning The Bahamas did not make a financial contribution to the CRFM. Now The Bahamas has signed on, we are ready to make a financial contribution to
the CRFM’s running. The Bahamas was always part of it through CARICOM, but was not financially contributing. “Because of that obligation, from that it will lead to greater, I would say, management of our fisheries sector. As it stands, there are a number of agreements through the United Nations (UN) that some countries are obligated to sign on to.
While The Bahamas is not obligated, there are certain provisions we want to maintain within our country and protections. “Signing on to the CRFM is good in that The Bahamas will have a voice with this. As a backbencher, we had no say at the table although we were part of the agreements and discussions,” Mr LaRoda added. “Now, we have an official say on where we stand in fisheries and agriculture in The Bahamas. It’s a positive step. “Just as an example, the CRFM has a committee called the ministerial committee where fisheries ministers around the Caribbean get together and discuss fisheries policy. Because we were not signed on, we attended the meetings but didn’t have participation in the discussions. We sat as backbenchers. We couldn’t intervene because we were not a member. We now have a say in what happens, and what governs, our fisheries in The Bahamas that’s implemented in the region.” Mr LaRoda dismissed fears that signing on to the CRFM will expose The Bahamas to exploitation of its fisheries resources by Caribbean nationals or open this country up to the Caribbean Single Market & Economy’s (CSME) free movement of people. “No, that’s not the case,” he told Tribune Business. “The only way to negotiate and have things enforced is if you are at the table.” The Alliance president instead argued that The Bahamas faced a greater danger if it was not involved when agreements potentially impacting one
of its largest export industry are negotiated. “We have the right, and can always maintain that right, that fisheries is reserved for Bahamians regardless of whatever other nations say,” he explained. “The only way we can have that right is to be at the table. Our position is now clear. If we are not at the table, we have no position and no one is listening to you. Now we are at the table we can express our objections and that is on the record. Any part of that agreement will not supersede our right to protect that industry. “We have to know what’s going on. I will say this to you. As chairman of a Caribbean fisheries organisation, I was allowed to sit in on a ministerial meeting as an observer,” Mr LaRoda revealed. “The Bahamas was absent, and while in the meeting I was taking notes and sending messages to the minister and director of fisheries and asking our position on what’s going on. “They didn’t know certain things because if you are not at the table how do you know? Being part of the CRFM does not affect our fisheries but gives us greater protection not only regionally but internationally. It was right for The Bahamas to now sign on to the agreement after being an observer for 25 years.” However, Mr Maillis disclosed to Tribune Business that the NFA does not support The Bahamas signing on to the CRFM. “The Bahamas has no reason to compromise its fisheries sovereignty,” he argued. “We owe nothing to anyone to share what we have protected for our citizens.
Cruise bond offering gains $112m capital ENERGY - from page B2 Producers will effectively have a deep-pocketed, captive customer base - the cruise lines - which have all committed to reducing their carbon footprint while in port. Thus the prospect of strong, consistent returns from a project that has largely been de-risked provided it can be executed efficiently and correctly. Interest will be paid on the bonds at half-yearly intervals beginning on May 31, 2027, which means investors will be locked in for around 18 months before they start to receive their first returns. The Island Power Producers bonds carry a 20-year maturity, meaning that principal is due to be fully redeemed by November 30, 2045, with these payments set to occur in ten annual installments starting in 2036. “Phase one of the project, which involves the installation and operation of the LNG turbine, is expected to be complete by the end of the 2026 third quarter. The company expects to be able to begin the distribution and sale of LNG by the end of the 2026 third quarter, with the shore power facility operational by the end of 2026,” Island Power Producers said in its bond offering memorandum. “The second phase of the project – the installation of the steam turbine - is
expected to be completed a year later at the end of the 2027 second quarter, subject to demand which will complete the combined cycle.” The bulk of Island Power Producers’ capital investment, some $114m of the total $179m, will be devoted to LNG infrastructure and the combined cycle power plant, which will cost $48.21m and $69.69m, respectively. The remaining budget is then split into $23.92m for shore power infrastructure; $20.5m for civil works; $11.135m for transmission and distribution; and $9.57m for a substation. However, the bond documents reveal that Island Power Producers has yet to pay the full deposit for critical equipment to be supplied by its partners. “To date, the company has paid a 90 percent deposit to Siemens for the generators,” it said. “The company has also paid 50 percent of the contract for the supply of the natural gas infrastructure to Inox India.” The project is also billed as reducing The Bahamas’ carbon dioxide emissions by 139,649 tonnes per year; improving grid stability and reliability; and making natural gas available to commercial vehicles as well as lowering energy prices. “The project will require $180m in initial financing, which will be sourced via debt and equity in tranches,”
“What we have done benefits the entire region in showing that it is possible to not sell your fishing rights to foreign countries, and to protect the fishing industry for Bahamian ownership and for Bahamian citizens… These sorts of signings undermine our strength as a nation to keep the outsiders out of our waters. That’s the main reason The Bahamas is not a signatory to the revised Treaty of Chaguaramus.” Mr Maillis questioned what The Bahamas will receive in return for its financial contribution to, and membership of, the CRFM given that “we can barely afford to finance the sustainable management and protection of our waters” currently. “Everybody is trying to bring The Bahamas to the table, and get something from The Bahamas,” he argued. “We don’t need anything fisheries-wise from any other country apart from the US, which helps on poaching in our waters. If this is about helping to control poaching, the only country that needs to be part of the discussions is the Dominican Republic. They live in their own universe. They are not party to anything that concerns us and, therefore, the greatest threat to our fishing sector is not being threatened by membership of this organisation. “It is the official position of the NFA and fishermen that this is just another unnecessary expense that does nothing to preserve the sustainability of Bahamian fisheries resources and protect our borders, which is the primary concern.” the Island Power Producers offering memorandum disclosed. “Sixty-nine million dollars in equity was raised via two tranches, one for accredited investors and one for retail investors. Debt will be raised via a mix of bank and bond financing. Island Power Producers has also secured a $25m loan facility at a rate of 5.5 percent, which will be paid off via this bond offering.” Thus the shore power provider will be partially paying off and refinancing existing debt, albeit at a higher cost via the 8 percent interest coupon. “To sustain itself, the company will bill cruise ships for power consumption while in port. Power will be routed via submarine cable. The average cruise ship stays in port for eight hours per day and, on average, there are 4.7 cruise ships per day drawing 7 mega watts (MW) of power,” Island Power Producers added. “The rate charged to cruise ships would be $0.25$0.30 per kilowatt hour (kW/h), which will allow the company to service its debt and maintain operations. The company will also sell natural gas to various Family Island projects.” Island Power Producers’ combined cycle LNG plant will be capable of generating a maximum 70 mega watts (MW). It is also eyeing selling any surplus power generated to Bahamas Power & Light (BPL) via a power purchase agreement (PPA).
COMMONWEALTH OF THE BAHAMAS PROBATE DIVISION 2025/PRO/npr/00437 NOTICE
IN THE ESTATE OF LEATHA ELIZABETH BAIN aka LEATHA ELIZABETH MURPHY-BAIN, late of Betsy Bay on the Island of Mayaguana, one of the Islands of the Commonwealth of the Bahamas, deceased. Notice is hereby given that all persons having any claim or demand against the above estate are required to send the same duly certified in writing to the undersigned on or before the 15th day of December A.D., 2025 after which date the Administrator will proceed to distribute the assets after having regard only to claims of which they shall then have had notice. And Notice is hereby also given that all persons indebted to the said estate are requested to make full settlement on or before the date hereinbefore mentioned.
BOWLEG MCKENZIE ASSOCIATES CHAMBERS Attorneys for the Executors #67 RowClem House Marathon Estates, Marathon Road. Nassau, The Bahamas
THE TRIBUNE
Thursday, November 20, 2025, PAGE 7
Regulator is urged not to ‘copycat’, ‘cut and paste’ ACCESS - from page B1 incompatible jurisdictions that do not have this nation’s archipelagic geography. Chequita Johnson, the Civil Aviation Authority of The Bahamas’ director-general, did not return a Tribune Business call and message seeking comment before press time last night, but this newspaper was told that the new and increased fees being proposed will “leave no sector of Bahamian aviation unscathed”. “It covers all of aviation,” one aviation source, speaking on condition of anonymity, said of the reforms that were unveiled during the first in a series of CAA-B consultations with the sector held earlier this week. “It covers charter companies, it covers plane owners, it covers pilots, it covers mechanics. It’s the whole spectrum. “Pretty much nobody is unscathed. This is the first time something like this has come out. There’s a bunch of new fees. There’s a lot more new fees than pre-existing fees. The problem is that none of these fees, independent of each other, seem terrible. It’s just that every place you turn in aviation, you are getting new fees, new charges and new everything. And there’s more fees coming. If people think this is the end of it, they’ve got another thing coming.” They added that the Government’s plans to revive and overhaul Family Island airports, using private capital and operating partners via public-private partnership (PPP) arrangements, will inevitably result in new and increased fees for aviation and its passenger customers to ensure the private investors gain a return on their investment. Pointing to the charges imposed to finance Bimini airport’s $80m redevelopment as a sign of what is to come, the source added that the planned Civil Aviation Authority of The Bahamas fees are coming on top of the recent Customs and Immigration fee hikes; Lynden Pindling International Airport’s (LPIA) general aviation infrastructure improvement fee; the imposition of landing/take-off and overflight fees; Airport Authority security screening fees in the Family Islands; an ddeparture tax hike from $25 to $29 per person - all of which have increased costs for the aviation sector and its clients. Bahamian operators have until January 9, 2026, to submit their comments on the proposed new and increased fees. The reforms, which have been seen by Tribune Business, propose implementing a whole new suite of charges for flight
operations certification. Air operators certificate fees, which are being imposed for the first time, range from $500 for single pilot operators flying a plane weighing less than 6,000 pounds to $10,000 for air operators with aircraft weighing over 10,001 pounds. Subsequent certificate renewals will be provided at half these prices. The CAA-B is also proposing that the private sector pay a new $900 per day, per person fee to cover the cost of its inspectors travelling outside New Providence to conduct on-site surveillance, inspections, compliance and risk assessments. Another new suite of fees relates to aerodrome certifications and inspections, with LPIA required to pay the maximum $5,000 and other airports charged a sliding scale - based on whether they accommodate international or domestic traffic - ranging from $5,000 to $250 plus costs - for the first issuance of certification. Other new categories of fees cover drones and unmanned aerial vehicles (UAVs), “aviation security and facilitation oversight” and documents such as airport manuals and cargo and ground handling service providers’ programmes. The CAA-B’s proposed charges are part of wider reforms that seek to introduce regulations covering areas such as drone/UAV use and operation plus airport (aerodrome) certification. Mr Hamilton yesterday told Tribune Business that if the fees are implemented in their current form they will further cut already-slim margins for many Bahamian operators and further increase costs that will almost-inevitably have to be passed on to passengers. This, in turn, will raise the cost of accessing the destination for stopover visitors and potentially threaten demand for an already high-priced tourism destination. Revealing that the private sector was not presented with the CAA-B’s proposal prior to attending the first consultation meeting on Monday, he said: “The general consensus in terms of industry feedback is there needs to be a recognition that we have too many bits and pieces in terms of fees from different agencies, and there’s a lack of national co-operation. “We need to make some policy adjustments. We need to be holistic in addressing this. Other agencies have to be involved. In discussions on fees, Customs, Immigration and all the other agencies pushing for fees, these things are done in silos. Customs, Immigration, the Airport Authority, LPIA, Civil Aviation and BANSA (the Bahamas Air Navigation Services Authority) are each pushing for their
fees but not talking to each other, which is foolish.” Suggesting that the Government should focus on compliance and enforcement, and collect unpaid taxes first before imposing a “greater burden” on industries such as aviation, Mr Hamilton added: “It’s the full spectrum that we need to take a look at: The big picture. We need to take a deep dive and do an audit of the industry. “The country at large benefits from us. There’s some Family Islands where we have to eat the cost because they don’t have the [passenger] volume to pay their way. We need a full audit and proper assessment so we can distribute the fee burden equitably throughout the spectrum, and ease the burden on operators, particularly local entrepreneurs. “We all need to come to the table. We met with the Ministry of Tourism and Bahama Out Island Promotion Board just [Tuesday], and are trying to bring some kind of thought to bear in this moment. We have to break the silos and, if we do that, we can have proper dialogue, collaboration and make a proper assessment. This is really national development.” Mr Hamilton warned that, if the proposed CAA-B fees depress operator margins and the ease of doing business, the extra cost will almost certainly be passed on to customers in the form of higher air fare and ticket prices which will have an “impact for our destination”. He added: “If we price ourselves out of the marketplace we have less attraction for tourists, and that’s a pinch across all the sectors - not just aviation, but all businesses will suffer - the hotels, all the lodges in the Family Islands.” The Bahamas Association of Air Transport Operators chief added that aviation provides the gateway, and transportation infrastructure, without which the most lucrative element of Bahamian tourism - stopover visitors - cannot exist. He said it was generally understood that the Government’s fiscal woes mean regulatory agencies are being mandated to become more self-sufficient, and generate more income and revenues themselves, hence the CAA-B fee proposals. But, while the aviation regulator had told the industry that the charges, and their level, were benchmarked against other nations, “we have to deal with apples and apples and oranges and oranges”. “Other jurisdictions have different variables in the mix with their prices,” Mr Hamilton explained. “We cannot increase our prices just because someone else has. We have to look at what we have in our hands, and not just copycat and copy and paste. The amount of airports, the amount of infrastructure and the cost of that
infrastructure, it demands a sit down and meeting. “We have a golden opportunity to get it right. That’s where the focus ought to be. We’re not only talking for now but for the future. I have no doubt about us being able to do it, but it’s a more collaborative exercise that needs to be done… I’m happy we had a first sitting, and I think we’ve been able to bring to bear the need for a holistic approach as opposed to a band-aid approach where we are desperate and make a desperate decision…. “I think the environment is ripe and I think we have the attention of the regulators that something different needs to happen. We intend to monitor this very closely so that we have the necessary change that will allow us all to win. It has to be a win-win situation. It cannot be any other way.” An aviation industry source, speaking on condition of anonymity, suggested the new and increased fee proposals may have originated from the CAA-B requiring a fresh financing approach to become self-sufficient. The Government had previously asserted the regulator would be weaned off taxpayer subsidies, amounting to $15m-$20m per year, via income generated from the new take-off/landing and overflight fee regime for use
of Bahamian air space that was implemented in 2021. However, the contact said the income from these revenue sources can only be used to fund air navigation services and associated facilities - not civil aviation regulation - thus resulting in the latest proposal. They added of the CAA-B proposal: “It’s a very small margin industry with very high overheads, and these fees are certainly not making doing business any easier or making the cost of flights easier. “What will end up happening is, to cover the cost of doing business, these will have to be passed on to the customer and is the customer willing to spend more money? The answer is they are not always going to be open.” The source also suggested that the CAAB’s cost base has expanded significantly in the past four years due to the expansion of staff, salaries and office space, adding that it appears to be operating much like a government entity while supposedly independent. “The only thing that saves them [CAA-B] is people are very passive and roll over a lot of times, but something is going to break at some point with these fees not lightening up,” they said. “If they don’t break, there’ll be no growth. Aviation still provides the lifeblood to tourism in the Family Islands. At some point
something breaks and we stop growing. “We have to balance the industry’s economic contribution with its fee contribution and figure out what’s more important overall. The Government, if you listen to what it’s saying and its actions, the industry and its contribution don’t seem important. It’s more what we can get out of it. The mindset is that people are rich and can afford it. What’s another $3,000, $7,500? It has just been one fee after the other.” Rick Gardner, director of CST Flight Services, which provides flight co-ordination and trip support services to the private aviation industry, and is a Bahamas flying ambassador, said he did not anticipate these fees significantly impacting foreign private pilots. “These fees will primarily impact Bahamian pilots and FBO/airport operators,” he said. “The only fee that I can identify which affects foreign-flagged aircraft is the Single Journey ad hoc fee but that one remains the same. “So, no, I don’t see that these would directly affect visiting aircraft. However, indirectly, these fees will drive up the cost of having an airport, an FBO (fixed base operation) and staffing them. Ultimately, that will be reflected in higher fees charged, I would imagine.”
PAGE 8, Thursday, November 20, 2025
THE TRIBUNE
THANKSGIVING
SAVINGS
TURKEYS ALL SIZES PER LB.
SMOKED PICNIC
HAMS PER LB.
VAT NOT INCLUDED
DATE: NOV. 20 - NOV. 26 2025 th
th
PUMPKIN / APPLE
VITAMALT
CLASSIC TONIC 10.5-12 OZ.
1
$
19
$
10-LB. BAG
1
SODAS
6-PK, 12 OZ.
3
$
8
LEG QUARTERS
$
COCA-COLA
PIES 24 OZ.
CHICKEN
15
PER LB.
BONELESS
CHICKEN BREASTS
2 $ 89 2
$ 59
JENNIE-O
99
99
WHOLE
CHICKEN WINGS
1
PER LB.
$
69
5 lb.
3
$ 99
DANISH
BABYBACK RIBS PER LB. $3.39
2
PER-LB
$
39
2
PER LB.
$
79
PANAMEI RAW SHRIMP 41-50, 12 OZ. $5.99
WILD CAUGHT
5
$
RED CHERRIES
2
STOVE TOP STUFFINGS ASST. 6 OZ.
$2.99
SA 52 VE ¢
KETCHUP 32 oz.
3
$ 29
10 $ 99 17
$
99
SALMON PER LB. TYSON
CORNISH HENS TWIN PACK
SA 70 VE ¢
CRANBERRY SAUCE
2
Asst. 14 oz.
$ 29
FIVE ROSES WHOLE WHEAT FLOUR 2.5 KG. $4.69
LIMES
1
3/$
00
FRESH
CELERY EACH
$
2
CHIPS
JUMBO
YAMS PER LB
89
¢
FRESH
CARROTS 2 LB. BAG
1
29 $
99
Asst. 158 G.
2
$ 99
KEEBLER TOWNHOUSE ORIGINAL CRACKERS 13 OZ. $5.59
BEEP
S $1AVE .23
ONIONS 3-LB. BAG
2
$
SWEET
MANDARINS 3-LB. BAG
99 $
6
99
1
$ 99
LIBBY'S PUMPKIN 15 OZ. $2.99
SA 76 VE ¢
FIRST CHOICE
SUGAR 4 lb.
2
$ 59
DIXIE DARK / LIGHT BROWN SUGAR
$3.79
SA 66 VE ¢
PROMOS LEMON/ LIME
JUICE 32 oz.
1
$ 69 HUNT'S DICED/ ROASTED TOMATOES ASST. 14.5 OZ. $3.69
SA 98 VE ¢
SUPER VALUE
BUTANE GAS 8 oz.
3
2/$ 00 DIAMOND ALUMINUM FOIL 25 FT. $2.29
FABULOSO
SA 94 VE ¢
DISH CLEANERS Asst. 28 oz. LIQUID
Asst. 850 Ml.
YELLOW
YAMS 15 oz.
SA 82 VE ¢
PRINGLES
FRESH
13 OZ. (377-G) $1.09
2 LB.
OCEANSPRAY
99
2
$ 19 BRUCE
BONELESS
RIBEYE STEAKS PER-LB.
16 oz.
COUNTRY BARN
48 OZ. $4.99
30 OZ. $3.75
PORK CHOPS
MACARONI
CARDINAL EVAPORATED MILK
COUNTRY BARN MAYONNAISE BONELESS
MUELLER'S READY CUT
SA 53 VE ¢
OLIVIA VEGETABLE OIL
HUNT'S
BONE-IN CHICKEN BREASTS PER LB. $2.29
2
RICE
$ 69
SPARERIBS
79
PAR EXCELLENCE PARBOILED
10 oz.
PER LB.
$
SA 86 VE ¢
5
2/$ 59 GENERIC BLEACH 1 GAL. $3.29
3
$ 69
SUAVITEL FABRIC SOFTENERS
ASST. 25 OZ. 2/$7.00 NR36
THE TRIBUNE
Thursday, November 20, 2025, PAGE 9
China's diesel trucks are shifting to electric. That could change global LNG and diesel demand A DRIVER sits in his electric truck at a charging station on the outskirts of Beijing, on Nov. 14, 2025. Photo:Ng Han Guan/AP
By ANIRUDDHA GHOSAL Associated Press CHINA is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new trucks in China ran on diesel. By the first half of 2025, battery-powered trucks accounted for 22% of new heavy truck sales, up from 9.2% in the same period in 2024, according to Commercial Vehicle World, a Beijing-based trucking data provider. The British research firm BMI forecasts electric trucks will reach nearly 46% of new sales this year and 60% next year. Heavy trucks carry the lifeblood of modern economies. They also contribute significantly to global emissions of carbon-dioxide: In 2019, road freight generated a third of all transport-related carbon emissions. Trucking has been considered hard to decarbonize since electric trucks with heavy batteries can carry less cargo than those using energy-dense diesel. Proponents of liquefied natural gas have viewed it as a less polluting option while technology for electric heavy vehicles matures. Liquefied natural gas, or LNG, is natural gas cooled to a liquid fuel for easy storage and transport. China's trucking fleet, the world's second-largest after the U.S., still mainly runs on diesel, but the landscape
along key freight routes. Cities like Beijing and Shanghai have built heavyduty charging hubs along highways that can charge trucks in minutes. CATL, the world's largest maker of electric vehicle batteries, launched a time-saving battery-swapping system for heavy trucks in May and said it plans a nationwide network of swap stations covering 150,000 kilometers (about 93,000 miles) out of China's 184,000 kms (about 114,000 miles) of expressways. Global energy markets will feel the impact
is shifting. Transport fuel demand is plateauing, according to the International Energy Agency and diesel use in China could decline faster than many expect, said Christopher Doleman, an analyst at the Institute for Energy Economics and Financial Analysis. Electric trucks now outsell LNG models in China, so its demand for fossil fuels could fall, and "in other countries, it might never take off," he said. Costs fall in China's electric truck pivot The share of electrics in new truck sales, from 8% in 2024 to 28% by August 2025, has more than tripled as prices have fallen. Electric trucks outsold
LNG-powered vehicles in China for five consecutive months this year, according to Commercial Vehicle World. While electric trucks are two to three times more expensive than diesel ones and cost roughly 18% more than LNG trucks, their higher energy efficiency and lower costs can save owners an estimated 10% to 26% over the vehicle's lifetime, according to research by Chinese scientists. "When it comes to heavy trucks, the fleet owners in China are very bottom-line driven," Doleman said. Early sales were buoyed by generous government incentives like a 2024 scheme for truck owners to trade in old vehicles. Owners can get up to about
Trump nominates new CFPB director, but White House says agency is still closing By KEN SWEET AP Business Writer PRESIDENT Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau on Wednesday, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Levenbach is currently an associate director inside the Office of Management and Budget, handling issues related to natural resources, energy, science and water issues. Levenbach's resume shows significant experience dealing with science and natural resources issues, acting as chief of staff of the National Oceanic and Atmospheric Administration during Trump's first term. Levenbach's nomination is not meant to go through to confirmation, an administration official said,
speaking on condition of anonymity to discuss personnel matters. Under the Vacancies Act, Vought can only act as acting director for 210 days, but now that Trump has nominated someone to the position, that clock has been suspended until the Senate approves or denies Levenbach's confirmation as director. Vought is Levenbach's boss. The CFPB has been nonfunctional much of the year. Many of its employees have been ordered not to work, and the only major work the bureau is doing is unwinding the regulations and rules it put into place during Trump's first term and during the Biden administration. While in the acting director role, Vought has signaled that he wishes to dismantle, or vastly diminish, the bureau. The latest blow to the bureau's future came earlier this month, when the White House said it does not plan to withdraw any funds from
the Federal Reserve, which is where the bureau gets its funding, to fund the bureau past Dec. 31. The White House and the Justice Department are using a legal interpretation of the law that created the bureau, the Dodd-Frank Act, that the Fed must be profitable in order to fund the CFPB's operations. Since roughly 2022, the Fed has been cash-flow negative since it owns bonds from the COVID-19 pandemic that pay very low interest but must pay out higher interest to the banks that deposit reserves with it. This means, on paper, the Fed is not earning a profit at the moment and therefore has no money to allot to the CFPB. Several judges have rejected this argument when it was brought up by companies, but it's never been the position of the government until this year that the CFPB requires the Fed to be profitable to provided the CFPB with operating funds.
$19,000 to replace older trucks with newer or electric models. Investments in charging infrastructure are also boosting demand for electric trucks. Major logistics hubs, including in the Yangtze River Delta, have added dedicated charging stations
The surge in sales of electric trucks is cutting diesel use and could reshape future LNG demand, analysts say. Diesel consumption in China, the second-largest consumer of the fuel after the U.S., fell to 3.9 million barrels per day in June 2024, down 11% year-on-year and the largest drop since mid-2021, partly reflecting the shift to LNG and
electric trucks, according to the U.S. Energy Information Administration. "The rise of China's electric truck sector is one of the more under-reported stories in the global energy transition, especially given its potential impact on regional diesel trade flows," said Tim Daiss of APAC Energy Consultancy. LNG truck sales peaked in Sept 2023 and March 2024 after China eased transport restrictions imposed during the COVID-19 pandemic, said Liuhanzi Yang of the International Council on Clean Transportation Beijing. By June 2025, sales had slipped 6% as electric trucks gained ground. Shell's 2025 LNG Outlook projects that demand for imported LNG in China, the world's largest LNG importer, will continue to rise partly due to LNG trucks. It also suggests LNG trucking might expand to other markets, such as India.
PAGE 10, Thursday, November 20, 2025
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FIBER IS SOMETHING MOST PEOPLE COULD USE MORE OF. BUT EXPERTS ADVISE CAUTION WITH ‘FIBERMAXXING’ By DEE-ANN DURBIN AP Business Writer U.S. consumers who have had their fill of finding protein added to everything from cereal to ice cream are about to meet the next big food fad: fiber. Americans have been boosting their protein intake for years; even PopTarts and Starbucks are selling protein-enhanced products. But the number of new products promoted with high or added fiber saw a big uptick in the U.S. this year, according to market research firm Mintel. Hundreds of videos on social media celebrate the benefits of dietary fiber and share recipes to help viewers get more of it. There's even a term for trying to meet or exceed the recommended daily fiber intake: fibermaxxing. "I think fiber will be the next protein," PepsiCo CEO Ramon Laguarta said during a recent conference call with investors. "Consumers are starting to understand that fiber is the benefit that they need." Fiber's benefits Unlike muscle-building protein, fiber isn't sexy. It's a carbohydrate found in plants that your body can't break down. It helps feed gut bacteria and move food through the digestive system. "Folks don't want to talk about it at a dinner party," said Debbie Petitpain, a registered dietitian nutritionist
and a spokeswoman for the Academy of Nutrition and Dietetics. There are two main types of fiber. Soluble fiber dissolves in water and forms a gel-like material that feeds gut bacteria. It's found in foods like oats, peas, beans, apples and carrots. Insoluble fiber doesn't dissolve in water and moves food through the digestive system. It's found in whole wheat flour, popcorn, wheat bran, nuts, green beans and potatoes. Studies have shown that fiber lowers cholesterol levels, regulates blood sugar and promotes weight loss, since high-fiber foods tend to make eaters feel more full. It may also protect against heart disease, diabetes, diverticulitis and colon cancer, according to the American Heart Association. Petitpain said rising use of GLP-1 weight loss drugs could be one reason for the renewed focus on fiber, since GLP-1s naturally slow digestion and fiber can prevent constipation. She said fiber has seen similar spikes in interest when people wanted to alleviate symptoms from high-fat diets like Atkins or keto. How much fiber do we need? Most people in Western countries could use more fiber because their diets are low in vegetables, fruits and whole grains, said Sander Kersten, director of the Division of Nutritional
Notice ARMSTRONG INVESTMENT FUND INC. SAC In Voluntary Liquidation
Sciences at Cornell University. Under the U.S. Department of Agriculture's guidelines, adults should aim for 14 grams of fiber for every 1,000 calories they consume. That's about 25 grams of fiber for women and 38 grams for men each day. Petitpain said Americans generally only get about two-thirds of that amount. For reference, 1 cup of raspberries contains 8 grams of fiber, while a banana contains 3.2 grams, according to the USDA. One-half cup of avocado contains 5 grams of fiber and 1 cup of lima beans contains 13.2 grams. Fiber One, a bran cereal, packs 18 grams of fiber into a 2/3-cup serving. What are good ways to increase fiber? Kersten said long-term studies about the benefits of fiber have looked at the consumption of whole foods and not packaged products with added fiber. "The way it is consumed as an additive and part of a diet that doesn't contain a lot of fiber may be different than a naturally fiber-rich diet," Kersten said. "You can eat a very processed, Western diet and consume foods that are enriched, but we don't know if it confers the same benefit." Whole foods also help the body in other ways, Petitpain said. An apple contains 4.8 grams of fiber as well as
CEREAL bars promoting fiber sit on a shelf at a Kroger grocery store, in Ann Arbor, Mich., Tuesday, Nov. 18, 2025. Photo/Dee-Ann Durbin water, vitamins and minerals, for example. Here are some recommendations from the Mayo Clinic for adding fiber to your diet: — Choose a breakfast cereal with 5 grams or more of fiber a serving. Top it with a sliced banana or berries. — Choose breads with at least 2 grams of fiber per serving and try other grains like brown rice, wholewheat pasta and quinoa. — When baking, substitute whole-grain flour for white flour. Add wheat bran to muffins and cookies. — Try to eat five or more servings of fruit and vegetables daily. If you eat canned fruit, make sure it's canned in fruit juice and not syrup,
and make sure canned vegetables are low in sodium. Think twice about fibermaxxing There is no defined upper limit for fiber intake, Kersten said. But increasing fiber can cause painful gas and bloating, especially if it's done quicky. Petitpain said people should increase their fiber intake gradually and drink plenty of water. "You're feeding gut bacteria a food, and you can't break it down. You rely on them, and if you give them second, third and fourth servings, there's not enough of them to handle the extra load," Petitpain said.
Certain populations should also be extra careful about their fiber intake, Petitpain said. People who are sensitive to gluten or allergic to foods like soy, shellfish or psyllium husk should read labels carefully since some foods with added fiber contain those ingredients. More broadly, Kersten questions the trend of focusing on one nutrient, whether it's protein or fiber. "We don't need nutrients, we need foods. Ultimately, what you want to be striving for is a healthy diet, and you should choose foods that are considered to be an important part of a healthy diet," he said.
Notice International Business Companies Act (No. 45 of 2000)
FJC Limited (the “Company”)
Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, ARMSTRONG INVESTMENT FUND INC. SAC is in dissolution as of November 11, 2025. That MMG Fund Services (Bahamas) Ltd. situated at 204 Church Street, Sandy Port, Olde Towne, West Bay Street, Nassau, The Bahamas is the Liquidator.
LIQUIDATOR
Notice is hereby given that, in accordance with Section 138 (8) of the International Business Companies Act, No.45 of 2000, the Dissolution of FJC Limited, has been completed, a Certificate of Dissolution has been issued and the Company has therefore been struck off the Register. The date of completion of the dissolution was the 24th day of October, 2025.
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Thursday, November 20, 2025, PAGE 11
FlyDubai orders 75 Boeing 737 MAX aircraft in deal worth $13 billion as Emirates buys Airbus A350s By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — FlyDubai, the lower-cost sister carrier of Emirates, said Wednesday it ordered 75 additional Boeing 737 MAX aircraft in a deal worth $13 billion. Emirates meanwhile bought eight Airbus A350900 aircraft at a list price of $3.4 billion. The announcements came after FlyDubai earlier at the Dubai Air Show made a major Airbus A321neo purchase of 150 aircraft for $24 billion. Since its first flight in 2009, FlyDubai had only flown Boeing 737s, making the sale a major win for the European consortium at the biennial air show. "Looking ahead, proactive fleet planning is essential to ensuring we are well-placed to meet the rising demand for travel, a demand we are confident will continue to grow," said Sheikh Ahmed bin Saeed Al Maktoum, the chairman of both FlyDubai and Emirates.
"Anticipating future needs is a defining factor in the success of any airline and today's announcement reflects our commitment to that principle." FlyDubai and Boeing made the announcement in statements without a news conference. "We are proud that Boeing airplanes will continue to serve as the backbone of FlyDubai's strategic fleet and growth plans," Stephanie Pope, president and CEO of Boeing Commercial Airplanes, said in the same FlyDubai statement. FlyDubai added it had options for an additional 75 Boeing aircraft as part of the deal. Emirates' purchase of the A350s comes as airline has just started flying the plane, adding it to its fleet of double-decker Airbus A380s and Boeing 777s. Emirates earlier this week purchased 65 Boeing 777-9s with list price of $38 billion at the air show. "Emirates now has a total of 375 units of the latest wide-body aircraft
on its order book," Sheikh Ahmed said. "This is a massive investment in our future, the future of flying better for our customers, as well as the future of aviation in terms of job and value creation." Dubai airport posts record passenger numbers The announcement came as Dubai International Airport, the world's busiest for international travel, announced it had 70.1 million passengers already this year and is on track to break its own records again. The rapid growth of passengers at the airport underscores Dubai as a key hub for East-West travel in global aviation and the need for its $35 billion project to build a massive, five-runway airport at Al Maktoum International Airport at Dubai World Central. "The most exciting thing is having created the world's largest international airport for the last 11 years," Paul Griffiths, the CEO of Dubai Airports, told The Associated Press. "We are now going to do it all over again, and I think that doesn't
happen in many people's lifetimes." The city-state's second airport is now hosting the biennial Dubai Air Show, which already has seen major aircraft orders by both the long-haul carrier Emirates and its lower-cost sister airline FlyDubai. Those purchases will fuel a major expansion of the routes flown by the two state-owned airlines as they move to Al Maktoum, likely beginning in 2032. Current forecasts predict the airport handling 150 million passengers a year at that point. On Tuesday, the United Kingdom's Export Finance, the UK's export credit agency, issued a $3.5 billion expression of interest letter to back construction at Al Maktoum. That will provide guarantees to British firms to provide equipment and services to the airport project. "This is going to be a massive effort of international cooperation from so many countries around the world providing all of the advanced systems," Griffiths said.
"Hopefully we'll have an airport not just capable of 150 million annual passengers, but one that absolutely exemplifies the best possible technology, the best processes." Among the innovations Griffiths hopes to see at the new airport will be an expansion of efforts at Dubai International Airport that allows first- and business-class passengers at Terminal 3 to simply walk through a tunnel to clear immigration. "What we want is to take as much of that as we possibly can and the idea one biometric signature that's captured discreetly from cameras that you don't even see," he said. "The idea is check-in, baggage handling, immigration, security, will all be handled in a seamless and efficient way and we want to keep the customer moving."
Dubai International Airport, identified as DXB, is home to the long-haul carrier Emirates, which powers the network of state-owned and state-linked businesses referred to as "Dubai Inc." The expansion of Al Maktoum, known as DWC, will also fuel a major real estate expansion in this sheikhdom in the United Arab Emirates as well as in its southern reaches. Dubai plans to move its airport operations to DWC, about 45 kilometers (28 miles) away from DXB. A real-estate boom and the city's highest-ever tourism numbers have made Dubai a destination as well as a layover. However, the city is now grappling with increasing traffic and costs pressuring both its Emirati citizens and the foreign residents who power its economy.
NOTICE
The Public is hereby advised that I, GREGORY FOWLER JR of Fowler Street, East Street, New Providence, The Bahamas, intend to change my name to GIDEON JEHU ISRAEL. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of publication of this notice.
• BGCSE English and Mathematics are required.
hrlawresume@gmail.com
NOTICE is hereby given that OLANDO RENARDO MARTIN of #18 Mount Royal, Avenue Hawkins Hill, Nassau, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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INTENT TO CHANGE NAME BY DEED POLL
Law Firm seeks Secretary/Clerk • Minimum of 2 years’ experience in a law practice. • Proficiency in Microsoft Word, Excel and Outlook.
Resumes should be submitted by email to
NOTICE is hereby given that SARAH ANNE ELAINE BEUKES of 37 Charlotteville, P.O. Box 281 AP59223 CB, Nassau, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that BILLY DUBREUS of Freeport, Grand Bahama, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 13th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that JASON JEAN of Freeport, Grand Bahama, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 13th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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NOTICE is hereby given that QUINTASHIA CHARITY PHILIPPE of #1 Reeves Street, Fox Hill, New Providence, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/ naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 13th day of November, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
NOTICE is hereby given that MIGUEL CYRIL of Jubilee Gardens, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 13th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that SHAMA KIDD of P.O. Box S.B.52817 Tina Close Off Hamster Road, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 13th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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NOTICE is hereby given that SUE ANN ONEIKA PLUMMER of #14 Mount Moriah, New Providence, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that SAMUEL HYACINTHE of Marsh Harbor Abaco , The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that ROSELINE PETIT HOMME of Palmetto Avenue, Nassau, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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NOTICE is hereby given that GERHARD BEUKES of 37 Charlotteville, P.O. Box 281 AP59223 CB, Nassau, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that ELVINA MORIN of Spanish Wells is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 20th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that MICHELLE JEAN-LOUIS of Andros Avenue, New Providence, The Bahamas is applying to the Minister responsible for Nationality and Citizenship, for Registration/ Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 13th day of November 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
PAGE 12, Thursday, November 20, 2025
Edmunds small SUV comparison: Chevrolet Trax vs. Volkswagen Taos By DAN FRIO Associated Press THE end of the year is approaching, and there will be some compelling options available if you're shopping for an inexpensive SUV. One of the newest is the Chevrolet Trax. The Trax is Chevy's smallest crossover SUV, yet it's practical for its size and comes well equipped with the latest technology features. Also vying for your attention is the Volkswagen Taos. Similar to the Trax, the Taos is VW's smallest crossover SUV, yet it has a nicely appointed interior and feels roomier than you'd expect based on its overall size. Volkswagen also updated the Taos for the 2025 model year with more power, fresh styling and a revised interior. Edmunds' auto experts have tested both models to
THIS photo provided by Chevrolet shows the 2025 Chevrolet Trax, which offers budget-friendly pricing and updated tech including an optional 11-inch touchscreen. Photo: General Motors/AP
find out which is the better buy. Power and mpg The Trax comes with a turbocharged three-cylinder engine that produces 137 horsepower. In Edmunds' testing, the Trax sprinted from zero to 60 mph in 9.1 seconds. That's not exactly quick, but the little engine is powerful enough to keep up with city traffic. On the highway, however, the Trax can come across as a bit wheezy. Volkswagen's Taos is the more muscular SUV. It features a turbocharged four-cylinder engine that produces 174 horsepower. Fitted with its available all-wheel-drive system, the Taos accelerated from zero to 60 mph in 7.8 seconds. In general, the Taos feels stronger when you need a quick burst of speed or
PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL The Public is hereby advised that I, BENITA PIERRE of Pine Dale, Eight Mile Rock, Freeport, Grand Bahama, The Bahamas, intend to change my name to KELDY BENITA PIERRE. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of publication of this notice.
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when you have a full load of passengers aboard. Both SUVs are pretty frugal. The Trax gets up to an EPA-estimated 30 mpg in combined city/highway driving, while the Taos can get up to an estimated 31 mpg combined. Crucially, the Trax does not offer allwheel drive. That alone may settle the debate if you want the added traction of all-wheel drive for winter weather driving. Winner: Taos Technology
Both models offer similar standard tech features, including a four-speaker sound system and Apple CarPlay and Android Auto smartphone integration, making this a close contest. Apple CarPlay and Android Auto connect wirelessly to your phone in all Trax trim levels. Most Taos trim levels have this capability as well, though the base Taos does not and requires you to connect your phone with a USB cable. The Trax also offers an optional larger 11-inch center touchscreen, whereas the Taos is limited to an 8-inch display.
The Volkswagen does have some advantages. It comes with more USB-C fast-charging ports, for instance, plus an available integrated navigation system, which the Trax doesn't offer at any level. The Taos also comes with more driver assist features as standard, including adaptive cruise control and blind-spot warning. Those are optional on the Trax. Winner: tie Interior space and conveniences If space is a priority, there's only one choice. The Taos has nearly 28 cubic feet of space behind the rear seats, which is about 2.3 cubic feet more than what the Trax can hold. Folding the rear seats yields even more room, 65.9 cubic feet, compared to the Trax's 54.1 cubes. The Chevy's longer length gives it slightly more rear seat legroom, but the Taos's extra height creates
more headroom for taller drivers and passengers. While the Chevy does a nice job masking its budget interior materials, the Taos gets progressively swankier if you're willing to spend. You can get it with ventilated leather front seats, customizable ambient lighting, second-row air vents, and a premium audio system as you move up the trim levels. You won't find any of these posh touches in the Trax. Winner: Taos Price and value The 2025 Trax starts at a budget-friendly $21,895, including destination fees. That's considerably lower than the Taos' starting price of $26,920 for the S trim. Volkswagens often cost more than similarly equipped rivals, but the gap is hard to justify here. Both models offer similar base trim features, including cloth upholstery, 17-inch wheels, LED headlights and 8-inch touchscreens. Chevrolet's pricing advantage stays intact at higher trim levels too. A top Trax Activ will set you back less than $27,000, while a loaded Taos can be close to $37,000. For some buyers, the VW's superior performance, extra convenience features and available allwheel drive will merit the difference. But for buyers simply seeking a good deal, the Trax is the obvious choice.
THE TRIBUNE
Thursday, November 20, 2025, PAGE 13
Trump says allowing skilled immigrants to train US workers ‘is MAGA’
ELON Musk speaks with Nvidia CEO Jensen Huang, as they attend the Saudi Investment Forum at the Kennedy Center, Wednesday, Nov. 19, 2025, in Washington. Photo:Evan Vucci/AP
By WILL WEISSERT Associated Press PRESIDENT Donald Trump has made hardline immigration policies a signature issue, but acknowledged on Wednesday that he's been criticized for recently saying some skilled immigrants should be allowed into the country from his "Make America Great Again" supporters. Trump told an audience of business executives that the U.S. needs immigrants who can train domestic workers in high-tech factories — and insisted that doing so is not inconsistent with his core political beliefs. "I love my conservative friends. I love MAGA. But this is MAGA," Trump said during an address to the U.S.-Saudi Investment Forum, which he attended with Saudi Crown Prince Mohammed bin Salman. "Those people are going to teach our people how to make computer chips, and in a short period of time, our people
“Those people are going to teach our people how to make computer chips, and in a short period of time, our people are going to be doing great. And those people can go home.” Donald Trump
are going to be doing great. And those people can go home." The comments drew applause in the room. But last week, Trump sparred with Fox News host Laura Ingraham over the same issue. Ingraham suggested during an interview with Trump that "you
can't flood the country with tens of thousands, or hundreds of thousands, of foreign workers," only to have the president respond, "You also do have to bring in talent." When Ingraham said that the U.S. had "plenty of talented people here," Trump said, "No,
you don't," and added that "people have to learn." The exchange drew swift and sharp online criticism from some corners of the MAGA movement, who have opposed expanding H-1B visas, and other programs designed to let skilled immigrants into the country. That didn't stop Trump from doubling down on Wednesday, adding that his detractors are
"really, really smart" despite their opposition to skilled immigration. "They're unbelievable patriots," Trump said. "But they just don't understand our people need to be taught." Trump said that when it comes to "extremely complex" domestic plants making things like computers, cell phones and missiles, it wasn't possible to "think you can hire people off an unemployment line to run it." Foreign owners building the plants in the U.S. are "going to have to bring thousands of people with them, and I'm going to welcome those people," Trump said. As evidence, the president pointed to the case of hundreds of South Korean nationals who were detained and left the U.S. following a September immigration raid at Hyundai's electric vehicle manufacturing site in Georgia.
PAGE 14, Thursday, November 20, 2025
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JUDGE PARKER
CARPE DIEM
MARVIN BLONDIE
HAGAR THE HORRIBLE
TIGER
CALVIN & HOBBES
DENNIS THE MENACE Sudoku is a number-placing puzzle based on a 9x9 grid with several given numbers. The object is to place the numbers 1 to 9 in the empty squares so the each row, each column and each 3x3 box contains the same number only once. The difficulty level of the Sudoku increases from Monday to Sunday Best described as a number crossword, the task in Kakuro is to fill all of the empty squares, using numbers 1 to 9, so the sum of each horizontal block equals the number to its left, and the sum of each vertical block equals the number on its top. No number may be used in the same block more than once. The difficulty level of the Conceptis Kakuro increases from Monday to Sunday.
MICRO CROSSwORD
CHALLENGER
Yesterday’s Answers
Yesterday’s
Yesterday’s
Sudoku Answer
Kakuro Answer
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Thursday, November 20, 2025, PAGE 15
PAGE 16, Thursday, November 20, 2025
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