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PI entrepreneur: ‘Brown envelope backs my case’

The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse presented the Court of Appeal with fresh evidence he asserted proves there was a binding lease agreement with the Government.

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Ex-MP slams the Gov’t for $357m GBPA ‘shakedown’

A former MP yesterday slammed the Government’s demand that the Grand Bahama Port Authority (GBPA) pay it $357m as “a shakedown”, and questioned if the former is “either broke or desperate”.

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‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

BTC slams ‘excessive’ $209,488 URCA fine

The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.

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.

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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.

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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.

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FNM claims govt broke law on finance

THE Opposition’s finance spokesman yesterday challenged whether the Government may have violated public finance laws by drawing on $133m from its “sinking funds” to pay debts coming due.

GBPA: $200m in taxes far exceed Gov’t outlay

THE Grand Bahama Port Authority (GBPA) yesterday blasted the Government’s huge payment demand as ill-founded by arguing that the $200m tax revenues earned by the latter far exceed what it invests in Freeport.

PM told GBPA’s owners: I have ‘no confidence’ in you

THE Prime Minster personally told the Grand Bahama Port Authority’s (GBPA) owners that he has “no confidence” in their ability to “realise the promise and potential of” Freeport.

GBPA: We’ll fight govt over demand

THE Grand Bahama Port Authority (GBPA) yesterday blasted the Government’s huge payment demand as ill-founded by arguing that Freeport’s $200m annual tax revenues far exceed what government invests in the city.

BPSU protests conditions at Registrar General office

BAHAMAS Public Services Union president Kimsley Ferguson warned the government against harsh work conditions and delayed promotions for union members of the Office of the Registrar General, threatening to suspend services.

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Fraud issues behind Finco’s $500 ATM daily limit

ROYAL Bank of Canada’s (RBC) BISX-listed mortgage financier has this week imposed $500 daily automated teller machine (ATM) withdrawal limits in a bid to better protect customers from fraud.

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PI crown land battle will go to privy council

THE Bahamian entrepreneur aiming to restore Paradise Island’s lighthouse has “every confidence we will succeed” as he bids to take his long-running battle with the Government before the Privy Council.

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‘Explosive’ hurricane forecast predicts over 20 named storms for 2024 season

THE Atlantic 2024 hurricane season, expected to begin in less than two months, has been forecast to be “explosive”, with weather forecasting company AccuWeather projecting 20 to 25 named storms, and eight to 12 hurricanes – with four to seven of those expected to be major hurricanes.

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When you’re feeling Blue

FEELING the blues after the four-day Easter weekend? That just means that you are on target with one of the hottest trends in Spring Fashion for 2024.

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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.

‘Big question mark’ on Boating Act insurance

CONCERNS were yesterday raised over whether there is sufficient local insurance capacity to meet the new Boat Registration Act requirements as one carrier deemed the sector “too risky” to cover.

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Legal win for Sandals on ex-butler sex claims

SANDALS Royal Bahamian and its parent have won two legal victories in just over a month against a US couple who generated massive global publicity in making claims of indecent assault against an ex-butler.

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WORLD VIEW: Thirsty future? Urgent action for Caribbean and Latin America

IN the face of escalating global environmental challenges, water scarcity and water stress have emerged as critical issues that threaten the livelihoods and well-being of millions of people.