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Residents voice objections to new PI resort proposal
RESIDENTS last night argued that plans to transform the former Paradise Harbour Club site into a seven-storey hotel represent an “overdevelopment” that will impact quality of life and devalue their properties.
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Man sentenced to four months for marijuana possession
A MAN was sentenced to four months in prison on Friday after he admitted to the possession of 33 grams of marijuana last week.
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Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
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Wildfire in Andros last week mostly contained
FIREFIGHTERS in North Andros are keeping a close watch on a large forest fire that erupted on the island last week, producing large plumes of thick, black smoke over surrounding communities.
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Bank’s Out Island sites ‘a philanthropic service’
Bank of The Bahamas’ top executive yesterday described its Family Island presence as an act of “philanthropy” amid complaints that woes at its branch have left south Eleuthera in “a dire situation”.
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Ex-mp still free over $3m ‘life-altering’ money battle
A FORMER MP and ex-Supreme Court judge was yesterday said to remain free almost two months after police issued a ‘wanted poster’ for him over allegations he has failed to repay an investor more than $3m.
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FOCOL targets wide growth in ‘preparing for the next 50 years’
FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”
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‘Mind-boggling’ timing over Gov’ts $357m GBPA claim
A FREEPORT attorney yesterday asserted it was “mind-boggling” that the Government should again “throw darts” at the Grand Bahama Port Authority (GBPA) given the island’s $2bn investment pipeline.
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Church owns 60 properties but ‘can’t pay’ $776k award
A Freeport church asserted it would be “totally compromised” if its bank deposits were seized to satisfy a $776,000 judgment despite owning a 60-strong, mortgage-free real estate portfolio.
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UPDATED PM: It is ‘intolerable’ that GBPA has not lived up to deal
PRIME Minister Philip “Brave” Davis threatened to begin arbitration proceedings against the Grand Bahama Port Authority (GBPA) if it fails to pay more than $300m owed to the government within the 30-day deadline.
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PM says ‘black hole’ east of East Street
The Prime Minister yesterday branded the section of downtown Nassau east of East Street as “a black hole” for The Bahamas even though it contains some of New Providence’s most valuable real estate.
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Bahamians told: Invest into ‘big scale tourism’
More Bahamians must “invest in tourism big-scale”, the deputy prime minister is urging, challenging why this is not occurring given how “bullish” the country is on the industry.
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UPDATED: Parent dies at CARIFTA swim event
A PARENT from Grenada died during the CARIFTA aquatics championships on Saturday.
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PI crown land battle will go to privy council
THE Bahamian entrepreneur aiming to restore Paradise Island’s lighthouse has “every confidence we will succeed” as he bids to take his long-running battle with the Government before the Privy Council.
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GAIN AN EDGE – Sophia Walker: BTVI helping to boost and enhance employment skills
IT has been over ten years since Sophia Walker began serving on Programme Advisory Committees (PAC) of the Bahamas Technical and Vocational Institute (BTVI).
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CARIFTA: Team Bahamas picks up four medals in the morning field events
St George’s, Grenada: Team Bahamas continues to strive for excellence at the 51st CARIFTA Games adding four more medals to their count in the morning session of day two at the Kirani James Athletics Stadium.
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Fernander: ‘Family island courier services easy target for gun import’
AFTER Police Commissioner Clayton Fernander highlighted gun trafficking has now trickled into the Family Islands as a result of people abusing courier services, local courier businesses said they are open to help preventing weapons from being brought into the country.
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‘Total incompatibility’: But $100m project forges on
AN Exuma-based developer says it is pursuing all necessary approvals for a $100m project that has forced a neighbouring resort to place its development plans on hold and raised environmental concerns.
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Fraud issues behind Finco’s $500 ATM daily limit
ROYAL Bank of Canada’s (RBC) BISX-listed mortgage financier has this week imposed $500 daily automated teller machine (ATM) withdrawal limits in a bid to better protect customers from fraud.
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PM: Bahamas must avoid ‘pitfalls of past’ over FATF
The Bahamas must “avoid stumbling into the pitfalls of the past” by upholding regulatory standards to maintain its perfect rating on anti-financial crime compliance, the Prime Minister says.