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Businessman loses $22m RBC lawsuit

A Bahamian businessman has lost his breach of contract claim against Royal Bank of Canada (RBC) after it refused to clear a $22.11m investment in his aragonite export venture by a Slovakian citizen he had never met.

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PI entrepreneur ready ‘at stroke of PM’s pen’

The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”

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STATESIDE: Potcake rescue tourist attraction in TCI leads to US puppy adoptions

The Turks and Caicos: It’s kind of like our little brother. A neighboring archipelago, for many years a tropical backwater, now more recently blossoming into a desirable tourist destination.

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$1BN PLAN ‘BIGGER THAN BAKER’S BAY’: Former NFL star part of ten-hotel, 10,000-acre San Salvador scheme

A developer yesterday disclosed it is seeking to develop a “bigger and more exclusive” version of Baker’s Bay on 10,000 acres of San Salvador land through a $1bn investment over the next five years.

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