TOURISM Minister Obie Wilchcombe said he believes the government has taken the right approach in negotiating the new deal to complete Baha Mar, pointing to the need to get the resort’s rooms filled with a view to attaining sustainable overnight visitor growth.
THE Free National Movement (FNM) on Friday persisted with its call for the Christie administration to release additional details about the recently struck Baha Mar deal.
IN response to mounting concern over the concessions offered to Chinese investors to remobilise Baha Mar, the government denounced claims that inducements of citizenships and private islands were offered to kick-start construction efforts at the stalled $3.5bn Cable Beach property.
FREE National Movement Leader Dr Hubert Minnis yesterday called on the Christie administration to reveal whether it has granted “automatic citizenship” to “hundreds of Chinese nationals” as part of the recently announced deal with the Export-Import Bank of China to open the shuttered $3.5 billion Baha Mar resort.
PRIME Minister Perry Christie said yesterday there is “nothing secret” about Baha Mar and that lawyers have instructed him not to divulge relevant details because of the sensitivity of the matter and the amount of money being transacted among parties.
FREE National Movement Deputy Leader Peter Turnquest yesterday lamented the country’s creditworthiness being downgraded to one notch above ‘junk’ status by an international credit rating agency, as he said the country is “now in the class of the lowest performing economies in the world”.
FREE National Movement Shadow Minister of Labour Loretta Butler-Turner castigated the Christie administration yesterday over the decision to seal the court documents relating to the new deal to open the shuttered $3.5bn Baha Mar resort, branding this as “deceptive” and “reprehensible” on all levels.
DEMOCRATIC National Alliance Leader Branville McCartney has accused Prime Minister Perry Christie of executing his usual “song and dance” routine in his announcement that construction at the $3.5bn Baha Mar resort is expected to resume by September.
FREE National Movement Leader Dr Hubert Minnis accused the Christie administration yesterday of using its time-worn tactic of “smoke and mirrors”, hitting out that “secrecy and lack of transparency” have clouded the deal to complete the Baha Mar project.
AMID questions surrounding which “world-class hotel and casino operator” will acquire Baha Mar and the concessions awarded to bolster the deal to open it, Attorney General Allyson Maynard-Gibson, QC, said there is no need for concern, adding that Bahamians should “trust” that negotiations are being handled by the “capable hands” of Prime Minister Perry Christie.
A DAY after health officials confirmed three additional cases of the Zika virus in New Providence, Tourism Minister Obie Wilchcombe said his ministry has ramped up its marketing machinery to convey the message that The Bahamas is doing all it can to guard against the spread of the virus.
FREE National Movement newcomer Mark Humes issued a scathing rebuke against Fort Charlotte MP Dr Andre Rollins yesterday, likening the outspoken MP to a “rabid animal”.
STATE Finance Minister Michael Halkitis yesterday insisted that the government remains optimistic about the Bahamas’ economic future, despite Moody’s Investor Service downgrading this country’s sovereign credit rating one notch, from Baa2 to Baa3.
FORT Charlotte MP Dr Andre Rollins went back on the offensive yesterday accusing the Christie administration of sacrificing Bamboo Town MP Renward Wells in the letter of intent controversy in a bid to protect senior party members who orchestrated the signing.
CONSTRUCTION at the stalled Baha Mar resort is expected to resume in September in a move to have the $3.5 billion resort project open no later than the end of winter in 2017, Prime Minister Perry Christie announced last night.