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PI resort proposal expands units 46%

The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.

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Bahamians conflict on broker’s US client pull

Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.

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Albany chief in 'devastating and self-inflicted humiliation'

Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".

Top KC sounds ‘dark side of Bahamianisation’ alarm

A PROMINENT KC yesterday sounded the alarm over the “dark side of Bahamianisation” for breeding mediocrity based on “a sense of entitlement”.

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ERIC WIBERG – Palowna & Orestes, 1826 Spanish slavers wrecked in The Bahamas

MANY slave ships met their end in the Bahamas, but not many know of an awkward period between when Britain outlawed the trade in slaves in 1807, and slavery itself, in 1834.

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50% fear or pay bribes for building and import permits

Fifty percent of Bahamian companies seeking construction and import-related permits say they have either been asked, or expect, to pay a bribe to obtain the required approvals, it has been revealed.

Tennis ace Sydney Clarke closes out Senior Day

AS she was honoured with three of her team-mates on Senior Day, Sydney Clarke felt it was only fitting to show her gratitude by securing a victory for the University of Arlington at Birmingham women’s tennis team.

IDB: Bahamas Internet costs, speed miss mark

Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.

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BPL rates ‘among the highest’ consumers pay in the region

Bahamians are paying “among the highest” electricity prices in the Caribbean even though the base rate is set “below cost” with tariff charges said to be double the global average.

Freeport poised to be ‘fastest growing Caribbean economy’

FREEPORT needs Nassau-based investors to help build “critical mass” in a city “poised to be the fastest-growing economy in the Caribbean”, a Port Authority executive asserted yesterday.