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Airline says fix airport or we pull out of route
A Cabinet minister yesterday revealed that American Airlines threatened to pull out of its Governor’s Harbour route expansion if $6m in airport upgrades were not completed within two months.
Insurer eyes ‘beyond Caribbean’ expansion despite $3m profit fall
A Bahamian insurer yesterday revealed it is targeting expansion beyond the Caribbean after overcoming a more than $3m net income drop as catastrophe costs “increased over 50 percent”.
Govt to sell Crown land to facilitate building of health facility in Abaco
A NEW medical centre will be constructed on Abaco, a move officials say will help expand healthcare services on the island.
Bahamas targets 2m air arrivals for 2024
The Bahamas is forecasting that foreign air stopover arrivals will break the two million mark for the first time in 2024 after more than 500,000 landed during the year’s first quarter.
Cabinet approves virtual court to be built at Dept of Correctional Services
NATIONAL Security Minister Wayne Munroe said Cabinet has approved the construction of a new virtual court at the Department of Correctional Services.
GBPA seeks to reassure on ‘unfortunate public noise’
The Grand Bahama Port Authority (GBPA) last night moved to reassure its licensees and potential investors over “the very unfortunate public noise” created by its $357m dispute with the Government.
Gov’t awards 43 sustainable food grants
Forty-three fishermen and farmers have been presented with sustainable food grants by a variety of government agencies.
PETER YOUNG: Middle East is as dangerous as ever while Iran and Israel conflict remains
HISTORIANS of the future may well wonder how the current Israel-Gaza war suddenly blew up without warning and how quickly things can change, at least in the short-term.
RF: ‘No impact’ from core software dispute
RF Bank & Trust yesterday asserted that a dispute with its core software provider will “not in any way impact customer funds or overall operations” as it bids to resolve their differences.
Cowboys sign Denzel Daxon
Crooked Island native Denzel Daxon went undrafted in the 2024 NFL Draft but that was only a minor setback for a major comeback.
'Death by 1,000 cuts' fear on new Bimini airport fees
Private aviation operators yesterday voiced fears that the industry faces "death by a thousand cuts" amid a furious reaction to the imposition of multiple new fees to pay for Bimini's $80m airport upgrade.
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.
Resort proprietor targets 60 jobs in two-hotel expansion
A Bahamian resort entrepreneur is aiming to double his total workforce by 60 jobs through the launch of two new boutique properties by year-end 2026.
‘Absolutely insane’: Ex-health minister blasts $290m hospital
A former health minister yesterday blasted the proposed $290m new hospital as “an absolutely insane idea” and challenged why the cost has risen more than five-fold under the Davis administration.
