Epstein advised: Bahamas ‘will welcome you with open arms’
The convicted paedophile and sex offender, Jeffrey Epstein, was advised that The Bahamas “will welcome you with open arms” amid a sustained effort to interest the now-deceased financier in acquiring private islands and high-end real estate.
Rahming confirms GB Power Company is ‘acquisition’
Misgivings were last night voiced about the Government’s planned purchase of Grand Bahama Power Company after it was confirmed that the Prime Minister was referring to an “acquisition” as opposed to just taking regulatory “control” over the energy monopoly.
Chamber chief: PM must layout ‘concrete plans’ for Grand Bahama
The Prime Minister must lay out “concrete plans” for the Grand Lucayan and Grand Bahama International Airport when he speaks to the island’s future today, with one private sector leader urging: “We need particulars we can sink our teeth into.”
$200m Exuma resort opponent hits planning permit ‘unfairness’
A key opponent of the $200m Rosewood Exuma project is threatening to initiate fresh legal action unless Bahamian planning authorities suspend next week’s site plan approval hearing over “procedural unfairness” and failing to comply with legal requirements.
Real estate ‘normalises’ as ‘buyer activity cools’
The Bahamian real estate market underwent “normalisation after several fast-paced quarters” during the final three months of 2025 as “buyer activity cooled” while new home listings on New Providence and other islands increased by double-digits.
Forty flights to Nassau hit by US snow storm
Lynden Pindling International Airport’s (LPIA) operator yesterday confirmed that more than 20 flights into The Bahamas’ major aviation gateway have been cancelled due to Winter Storm Fern’s impact on air travel from major tourism source markets across the US.
PHA chief warns: ‘Can’t pay overtime if dollars not here’
THE Public Hospitals Authority’s (PHA) managing director yesterday warned employees it is a case of when, not if, they will receive all due overtime pay as she warned: “If the dollars are not here, I cannot pay it out.”
Fight for ex-Ginn project heating up
The fight to acquire and develop the former Ginn project has intensified after a Bahamian-led investor group paid a $2.6m deposit to purchase 1,143 acres as part of its bid to transform Grand Bahama’s West End into “the Monaco of the Caribbean”.
Bahamian investor’s $6.5b spend targets ‘thousands of jobs’
A Bahamian investor has unveiled ambitious plans to create thousands of construction and full-time jobs through the $6.5bn transformation of the former Ginn project in Grand Bahama’s West End into “the Monaco of the Caribbean”.
GBPA chief: ‘Companies don’t invest where they’ve lost faith’
The Grand Bahama Port Authority’s (GBPA) president yesterday hailed AML Foods’ $10.3m investment in a new distribution centre as a sign of investor confidence in Freeport, asserting: “Companies do not invest millions of dollars in places they have lost faith in.”
$30m Gov’t subdivision to hardly ‘dent’ 12k shortage
Realtors yesterday argued that the Government’s $30m investment in the 147-unit affordable home Premier Estates subdivision will barely “dent” The Bahamas’ 12,000-strong housing shortage.
Governor: Anti-financial crime fight critical to nation's stability
The Central Bank’s governor yesterday said international standards, data-driven strategies and cross-border co-operation are critical to The Bahamas’ fight against financial crime.
VAT cut ‘goes against grain’ of food security
A Bahamian agricultural entrepreneur last night warned that the Government’s elimination of VAT on unprepared foods will “go against the grain” of improving national food security, import substitution and growing more produce locally unless accompanied by similar tax relief for local farmers.
Public hospitals in overtime control as budget ‘exhausted’
The Public Hospitals Authority (PHA) has imposed strict payment controls “to preserve funding for urgent priorities” after “exhausting” its overtime budget within just three months of the current 2025-2026 fiscal year.
Bahamas can’t afford to not be ‘financial crime fighter’
The Attorney General yesterday signalled that “the cost of not being a fighter” in complying with global anti-financial crime standards outweighs “the burden” imposed on small jurisdictions such as The Bahamas in meeting these benchmarks.
