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DPM: ‘Cracks’ showing in Briland’s tourism product

The deputy prime minister has raised the alarm that “cracks” are appearing in Harbour Island’s tourism product, as he warned: “Unless we manage the paradise we have we stand the risk of losing it.”

50% 'grease the wheels' bribe findings accurate

The Bahamian Contractors Association's (BCA) president says findings that almost half of firms seeking construction permits are asked, or expect, to pay a bribe are "accurate" amid a "grease the wheels" culture.

Freeport real estate sees 25% surge before market ‘explodes’

Freeport property sales and rentals were yesterday said to have increased by 25 percent in recent months as buyers seek to enter the market before it “explodes” from $2bn worth of investment projects.

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.

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.

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”.

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.

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.”

‘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.

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.

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.

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.

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.

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.

Major US agencies collaborating with BACSWN to bring PM's legacy to reality

IN an exclusive interview with The Tribune, Bahamas Aviation, Climate & Severe Weather Network’s President & CEO, Lyrone Burrows, with renowned US Aviation, Climate & Severe Weather Scientist, Professor Roelof Bruintjes, PhD, provided insight into how US National Centre for Atmospheric Research (NCAR), National Oceanic & Atmospheric Administration (NOAA); Aviation Weather Centre and Johns Hopkins plan to help bring Prime Minister Philip Davis’ aviation, carbon credits and health legacy to fruition.

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