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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”.
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.
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.
‘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.
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.
FRONT PORCH: The ghosts of vicious colonial and racist mindset endure
There is a racist and colonial mindset born of European imperialism that endures.
Dealers: Used car sales up 30% with ‘level playing field’
AUTO dealers yesterday argued they could increase their used car sales by up to 30 percent if the authorities enforce a competitive ‘level playing field’ with roadside vendor rivals.
PI resort, development escape tax debt sell-off
A Paradise Island resort and Long Island investment project are among those that have escaped being sold-off by the Government through settling their alleged real property tax delinquency.
Two men charged in Saunders murder case
TWO men were remanded in custody yesterday accused of murdering former FNM MP Donald Saunders during a bar robbery last month.
Davis says details on BPL transformative deal to come when ‘all the ducks in a row’
PRIME Minister Philip “Brave” Davis said the government will reveal more details about a deal to transform Bahamas Power and Light (BPL) when it has “all the ducks in a row”.
Govt ‘working to clog gun loopholes’
PRIME Minister Philip “Brave” Davis said the United States of America has made headway toward decreasing the illegal trafficking of firearms to The Bahamas.
Football great, actor, and accused murderer OJ Simpson dead at 76
OJ SIMPSON, who has died aged 76, was a football star who went on to become an actor – but who was then the centre of the “trial of the century” for the murder of his wife and her friend in 1994.
Bahamian group teams for growth in agriculture
A regional agriculture body has teamed with the Agricultural Development Organisation (ADO) of The Bahamas to promote the industry’s sustainable development in this nation.
Contractor chief challenges ‘short sighted’ stadium deal
THE Bahamian Contractors Association’s (BCA) president yesterday argued it was “short-sighted” not to ensure the national stadium’s overhaul involves skills and knowledge transfer by the Chinese.
PI hotel project’s 100 ‘permanent’ job pledge
A development that aims to be Paradise Island’s “first new hotel for many years” yesterday said its project will create 100 permanent jobs and a similar number of construction posts.
Royal Caribbean to start PI site clearance
Royal Caribbean yesterday confirmed it is “right at the cusp” and aiming to begin site clearance for its $100m Paradise Island beach club this week with a Heads of Agreement signing “very close”.
Gov’t ‘100% locked in’ to growing agriculture
The Prime Minister says agriculture holds “vast untapped potential” with The Bahamas’ annual $1bn food import presenting “million dollar opportunities” for local farmers to exploit.
PM dismisses fears GBPA battle will ruin investment
The Prime Minister yesterday dismissed concerns that the escalating battle with the Grand Bahama Port Authority (GBPA) over the Government’s $357m payment demand will ruin investor confidence.
African bank eyes $700m investment in Caribbean
The African Export-Import Bank (Afreximbank) is eyeing a $700m investment in the Caribbean as it prepares for its annual general meeting (AGM) that will be held in The Bahamas this June.
BAMSI crops badly hit by Andros fire
THE Bahamas Agriculture and Marine Science Institute (BAMSI) said 75 per cent of its mangoes, 40 per cent of livestock pastures and 30 bee hives were destroyed when a fire ripped through forests this month.
