
Opposition: Govt’s four month deficit ‘disastrous’
The Opposition last night slammed the Government’s “disastrous” fiscal performance after it emerged that the $274m deficit for 2024-2025’s first four months is almost four times higher than the full-year target.
Banish regulatory ‘handcuffs’ so that Freeport can thrive
Freeport must go back to its Hawksbill Creek Agreement roots and banish the red tape and regulatory “handcuffs” if it is to compete with multi-billion free trade zone rivals, a GBPA director asserted yesterday.
Doctors Hospital unveils healthcare finance entry
Doctors Hospital yesterday revealed plans to “directly insert” itself into financing affordable healthcare by late summer 2025 with “insurance-like pricing” up to 50 percent less than existing coverages.
GB Chamber president rejects abolishing GBPA
Calls to abolish the Grand Bahama Port Authority (GBPA) were yesterday rejected by a senior private sector executive who urged sceptics to “accept” it will exist for at least another 29 years.
Carnival choosing vendors ‘outside of Grand Bahama’
A Grand Bahama business owner said Carnival Cruise Line’s Grand Bahama project is not providing adequate opportunities for local businesses.
Natural resource protection ‘started from ground zero’
A former Cabinet minister who oversaw enactment of the much-criticised natural resources regulatory regime has defended its objectives as noble, while asserting: “We were starting from ground zero.”
‘We all win’: BISX targets early 2025 for private listings launch
The Bahamas International Securities Exchange (BISX) will launch the first of three new capital markets “layers” in the 2025 first half, its chief executive disclosed yesterday, asserting: “Everybody wins.”

Gov’t agencies ‘defaulted’ on multi-million NIB debts
The National Insurance Board (NIB) has had to contend with two government agencies defaulting on multi-million dollar debts owed to it with one still delinquent at year-end 2022.
Space X landing ‘opens up space tourism for nation’
The deputy prime minister yesterdays said hosting the landing of a SpaceX rocket booster gives The Bahamas a platform to enter a space tourism sector expected to generate $14bn globally by 2030.
‘Due diligence done’ on Fox lease for Balmoral Island
Deputy Prime Minister Chester Cooper said the Davis administration “has done its due diligence” prior to leasing a portion of Balmoral Island to Adrian Fox for part of his proposed $300m resort project.
Bahamas graft improvement must match ‘story on street’
Governance reformers yesterday said The Bahamas’ improved ranking and score from Transparency International must match “the story on the street” for this nation to beat long-standing corruption concerns.
Tax-driven airline prices hit Bahamas’ advantage
A senior tourism executive yesterday asserted that high airline ticket prices have prevented The Bahamas from fully capitalising on its proximity to the US as its main tourism source market.
Investigations Bill ‘doesn’t fully address’ corruption’s causes
Governance reformers have asserted that legislation to create an Independent Investigations Commission “does not fully address” the root causes of corruption while whistleblower protections must be strengthened.
Bahamian firm suffers four supplier price hikes in year
Inflation and a “construction surge” have helped to expand The Bahamas’ now-$4.274bn annual trade deficit, it was argued yesterday, with one local firm suffering four prices increase from its supplier within a year.

Property declarations ‘just killed the ease of business’
A Bahamian financial services provider yesterday branded the demand to disclose all corporate clients’ real estate dealings by week’s end as “outrageous”, adding: “They have just killed ease of doing business.”
Previous Next