Hotel chief ‘not seeing’ repeat of 2023 growth
The Bahamas has “much work to do” in the 2024 second half with the resort industry “not seeing” the growth it enjoyed during the same period in 2023, a senior hotelier warned yesterday.
Charlton in, Taylor out
It will be the second consecutive appearance in the final for Devynne Charlton and this time, the goal is to win the gold at the 2024 Olympic Games.
GBPA asserts it is ‘sole licensor and regulator’ for GB utilities
THE Grand Bahama Port Authority (GBPA) has asserted its authority as the “sole licensor and regulator” for all utilities in the Port Area under the Hawksbill Creek Agreement (HCA), setting up a showdown with the central government as it prepares to consider increasing electricity base rates.
Govt set to investigate misconduct claims at FCP
THE ministries of Labour and Immigration have initiated a joint investigation into allegations involving the Freeport Container Port (FCP).
PM is back to work and ‘feeling good’
PRIME Minister Philip “Brave” Davis is back to work and “feeling good” since his recent surgery, according to press secretary Keisha Adderley.
FTX ordered to pay $12.7bn to victims of their fraudulent activities
THE Commodity Futures Trading Commission (CFTC) announced yesterday that a US District Court in New York has ordered FTX Trading Ltd. and Alameda Research LLC to pay $12.7 billion to their customers and victims of their fraudulent activities.
‘Eleuthera to get relief by end of September’
ELEUTHERA residents will experience relief from debilitating power outages by the end of September, according to Bahamas Power and Light (BPL) chief operating officer Toni Seymour.
Munroe: No reason to fear police probe
NATIONAL Security Minister Wayne Munroe said he doesn’t believe people who may be questioned as part of a Royal Bahamas Police Force corruption probe should fear for their lives despite several coincidences that have unsettled the public.
Thai boxing champ in up to $25m investment
A THAI boxing world champion from France is willing to invest a further $20m to $25m in developing the Champion Spirit Country Club as a fitness/wellness facility in western New Providence.
GB Power’s extra squeeze on Freeport’s few survivors’
FREEPORT’S “few survivors” are being forced into ever “increasing losses” through cost hikes passed on by Grand Bahama Power Company and other major operators, a hotelier warned yesterday.
‘No stone unturned’: Fidelity’s $9m profits perfectly paced
A BISX-listed bank yesterday said it is leaving “no stone unturned” after disclosing that its six-month profits are near-perfectly on pace to hit 2024’s full-year target of $18m.
Bahamas ‘resolves’ all US aviation audit
THE deputy prime minister last night said The Bahamas has “resolved” all findings by US aviation regulators to maintain its top-tier standing with them.
‘Strengthened’ URCA asserts any GBPA rate approval illegal
URCA yesterday drew on its newly “strengthened” position to assert it would be illegal for the Grand Bahama Port Authority (GBPA) to approve the 6.3 percent base rate hike sought by GB Power.
Money broker on hold after ‘illegal’ warning
A MONEY broker yesterday revealed its operations have been placed on hold after receiving a warning from the Securities Commission that it was conducting business “illegally”.
‘Smart cities’ promise comes with challenges
The concept of Smart Cities is revolutionising urban living, ushering in an era where technology and data are the cornerstones of efficient, sustainable, and livable environments.
Rosewood partners on 500-job Exuma project
ROSEWOOD Hotels & Resorts yesterday confirmed it has teamed with a Miami-based investment company to brand a new development in the Exuma cays billed as creating 500 Bahamian jobs.
