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DPM: Bahamians will gain Royal Caribbean PI shares
The deputy prime minister yesterday clarified that, while details are still being worked out, the Government plans to offer equity ownership in Royal Caribbean’s Paradise Island project to Bahamian investors.
Reverse aging pioneer to address Old Fort Bay club
Reverse aging pioneer, lecturer and author Bill Faloon is slated to speak at the Old Fort Bay Club on Wednesday.
Donald Saunders Jr: 'I know my dad is proud of me'
ALTHOUGH he went out with a heavy heart, Donald Saunders Jr said he was determined not to let his father down by not competing in the open 5K water race for the 2024 CARIFTA Swim Championships.
Top swimmers making a splash
DNDN McKenzie and Siann Isaacs turned in some of the top performances over the weekend as swimmers in Bahamas Aquatics nally returned to familiar territory for their local swim meets.
Govt and RCI sign HOA for $165m Beach Club
THE Davis administration and Royal Caribbean International (RCI) signed a Heads of Agreement yesterday to develop RCI’s $165m Royal Beach Club Paradise Island.
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”.
Isaiah dominates rowing
Isaiah Ellis, fast becoming the top rower to watch in the country, had a spectacular showing at the Nassau Rowing Club’s Lake Cunningham Classic on Saturday in Lake Cunningham.
Rowing Bahamas’ inaugural rowing regatta Saturday
ROWING Bahamas, the newly formed local body for the watersport, will host its inaugural rowing regatta on Saturday.
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.
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.
Bannister: No safeguards in Electricity bill
FORMER Deputy Prime Minister and Minister of Works Desmond Bannister said the recently tabled Electricity Bill would empower the government to transfer Bahamas Power and Light (BPL) assets to subsidiary companies.
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.
Bahamian Marathoner Makes International Hall of Fame
DURING the 128th running of the Boston Marathon (26.2 miles) on Sunday past, another Bahamian marathon runner etched his name into the marathon record books.
Transition to new ankle monitoring company going smoothly, says Fernander
Police Commissioner Clayton Fernander said of the 600 people being electronically monitored, more than 50 have switched their bracelets to the one provided by the new electronic monitoring service company.
FOCOL targets wide growth in ‘preparing for the next 50 years’
FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”
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.
East GB microgrids set to hire up to 50
Up to 50 workers will be hired for the proposed build-out of five solar microgrids designed to help “ease cost of living concerns” and entice former residents to return to Dorian-ravaged east Grand Bahama.
Freeport real estate sees 25% surge before market ‘explodes’
Freeport property sales and rentals were yesterday said to have increased by 25 percent in recent months as buyers seek to enter the market before it “explodes” from $2bn worth of investment projects.
Bahamians told: Invest into ‘big scale tourism’
More Bahamians must “invest in tourism big-scale”, the deputy prime minister is urging, challenging why this is not occurring given how “bullish” the country is on the industry.
WSC contractor killed as two shot dead over weekend
TWO men were killed in New Providence and Abaco over the weekend.
