End ‘finger pointing’ on housing shortage
A senior banker yesterday demanded an end to “the finger pointing” over The Bahamas’ affordable housing shortage as he warned the delinquent properties backlog will not clear unless a “fair market value disconnect” is resolved.
Bahamas faces Boat Show fees push back
Abaco resorts and marinas yesterday revealed that they are receiving increasing warnings from tourists that they will not return due to the new and increased boating fees imposed in he 2025-2026 Budget.
Briland resort 15-20% behind on Thanksgiving
The Government and tourism operators were yesterday monitoring the potential 10 percent cut-back on US airline flights amid fears it could impact access to The Bahamas just as the peak winter tourism season starts.
BPL rebrands former customer call centre
Bahamas Power & Light (BPL) has unveiled the rebranding of its call centre as the customer engagement unit while pledging a faster, more responsive service for users.
Morton Salt emerges unscathed by Melissa
Morton Salt’s Inagua plant has emerged from Hurricane Melissa largely unscathed, the head of its line staff union said yesterday.
GB hotel, marina buyers in Port Lucaya Village tie-up
The Grand Lucayan and Port Lucaya Marina buyers are working together on plans to create a ‘Port Lucaya Village’ destination that aims to be the “first step in reigniting the stopover tourism product” in Grand Bahama.
Minister says 95% of vacant housing unfit for Bahamians Body
A Cabinet minister yesterday argued that 95 percent of the 25,00-plus vacant dwellings identified in a recent national housing survey are unfit “to meet the housing needs of Bahamian families”.
Taxi chief: 800 platerecall ‘kind of ironic’
The Bahamas Taxicab Union’s (BTCU) president yesterday asserted “it’s kind of ironic” that the Government is seeking to recall almost 800 taxi and livery plates when it was responsible for “saturating the market” with new issuances at the start of its term.
Realtor eyes double digit growth in 2026
A Bahamian realtor yesterday said double-digit growth in 2026 is possible for his firm due to increased interest and demand for high-end real estate from Canadian, American and European buyers.
Opposition MP demands Freeport’s roads are fixed
The Opposition’s finance spokesman yesterday demanded that the Grand Bahama Port Authority’s (GBPA) Lucaya Service Company (LUSCO) fix Freeport’s “deteriorated” roads.
Nearly 900 to lose entire Red Lobster investment
Nearly 900 Bahamians who acquired equity ownership via this nation’s first-ever crowdfunding raise have lost their entire investment after the Red Lobster franchise “decided not to proceed” with its restaurant build-out.
Cruise power provider targets $10m profit within four years
The power provider to cruise ships docked in Nassau is predicting it will more than double annual profits within two years of launching - and beat the $10m mark by year four - as it yesterday unveiled its $100m bond offering.
