‘No doubt’ on victory over CCA in Baha Mar battle
CCA Construction Inc has obtained an order to lift the automatic Chapter 11 “stay” from the New Jersey Bankruptcy Court right after the Christmas holidays in a bid to join in with the appeal filing - even as the original Baha Mar developer said it had “no doubt” it would be victorious in the appeals court.
Closure and layoffs for Sawyer’s market
A Grand Bahama grocery store has announced a closure and layoffs ahead of the New Year.
Pintard outlines FNM’s plan for Grand Lucayan sale
THE FNM would seek to sell the Grand Lucayan to a proven investor if it gains office in the next election, said party leader Michael Pintard.
Ministry aims to complete ‘Hope City’ shelter in 2025
The Great Commission Ministries announced its 2025 goals are to continue its plans to “construct a 100-bed homeless shelter” and relaunch its social outreach programmes.
Tourism slowdown hits Commonwealth revenue
A BISX-listed brewery said its near three percent revenue decline is due to “demand slowdown” in the tourism sector.
Extra power for Harbour Island - but Eleuthera still hit by outages
AN EXTRA 1MW of rental generation has been installed on Harbour Island after repeated complaints of power outages throughout Eleuthera.
Pintard seeks probe over CCA payments
THE FNM is still calling for an investigation into the China Construction America’s alleged connection to the PLP administration.
Medics hope for ‘positive outcome’ over concerns
The Consultant Physician Staff Association is hoping for “a more positive outcome” after sharing concerns over the union’s outstanding issues with labour consultant Bernard Evans.
Port Lucaya marketplace ‘ghost town’ says vendor
The closure of the Grand Lucayan Resort, with only Lighthouse Point remaining operational, has left straw vendors at the Port Lucaya Marketplace grappling with dire economic challenges.
Resorts World Bimini sale bid behind minority owner’s back
Resorts World Bimini’s minority owner is alleging its Malaysian partner sought to sell the hotel behind its back after realising it could no longer “conceal” the improper dumping of multi-million liabilities on its books.
Sarkis blasts CCA as ‘fraudulently managed’
Sarkis Izmirlian yesterday blasted Baha Mar’s contractor as “a company fraudulently managed by bad actors” while slamming the bankruptcy protection filing by its US arm as a bid to “evade responsibility for its actions”.
‘Best interest’ of all to protect hotels from Sarkis-CCA fight
Two downtown Nassau resorts will not suffer from their owner’s multi-billion dollar legal battle with Sarkis Izmirlian as it is in the “best interests” of all parties that they perform, the FNM’s chairman asserted yesterday.
Tourism revenue expansion to drive 20k coral fragment output
A $1m investment in a pioneering Grand Bahama project’s tourism attractions will drive increased revenues to finance planting more than 20,000 coral fragments annually to rescue the island’s reefs.
BPL fuel hike probe delays ‘raises suspicions, concern’
Delays to the probe into the legality of Bahamas Power & Light’s (BPL) 2022-2023 fuel tariff hikes, which soared by 163 percent in just eight months, “raise suspicions and concerns”, it was argued yesterday.
Female entrepreneurs defeat male rivals on funding return
Bahamian female entrepreneurs generate a greater return on investment than their male counterparts despite accessing on average 42 percent less funding, it has been revealed.
