Minister slams ‘political bias’ over home repairs
The Minister of Labour yesterday defended the Urban Renewal Small Home repairs programme, describing claims that taxpayers did not get value for money as “misleading and inaccurate”.
Auto dealer chief warns: ‘I’m considering quitting’
The Bahamas Motor Dealers Association’s (BMDA) president yesterday said he was “seriously thinking” of exiting the auto business, with the 5,180 increase in vehicle imports highlighting the “over-saturated” market’s woes.
Bran threatens ‘peaceful revolt’ over proposed Chinese deal
The Democratic National Alliance’s (DNA) leader yesterday threatened to lead “a peaceful revolt” over the proposed Chinese agricultural deal, arguing that it was merely trying to “appease” Bahamians by promising joint ventures.
Gray confirms nod for $2bn agriculture talks with Chinese
A Cabinet Minister yesterday confirmed he had given permission for the Bahamas’ ambassador to China to seek out agriculture and fisheries investments, in a bid to reduce this nation’s $900 million food import bill.
‘Pie in the sky’
The Government was yesterday urged to deal with the “thousands of Bahamians” awaiting answers to Crown Land applications before handing 10,000 acres to the Chinese, a well-known QC describing the Andros proposal as “pie in the sky”.
GB eyes foundation for storm protection
Grand Bahama’s business community is assessing whether to form its own foundation so that disaster recovery funds will be available after future catastrophic hurricanes.
SUPEGREEN SOLUTIONS: Shining a light on ways to save energy
Have you felt it in the air? Summer is behind us, and winter will be here before we know it.
FNM deputy fears for economic sovereignty
The Opposition’s deputy leader yesterday said the proposal for a $2.1 billion Chinese agricultural investment in Andros “raises the alarm” over threat to the Bahamas’ economic sovereignty.
Baha Mar buyer: No role for Macau ‘gaming king’
Baha Mar’s intended purchaser yesterday said Macau ‘gaming king’, Stanley Ho, is not involved in its plans for the multi-billion dollar development, and emphasised its “commitment to integrity and good governance”.
Arawak port beats profit forecast 23%
The Nassau Container Port’s (NCP) operator has beaten its own profit forecast for the 2016 financial year by 23 per cent, with higher-than-projected auto imports enabling it to mitigate the fall-off in Baha Mar volumes.
New PI resort to double staff by New Year
The founder of a major international hotel chain yesterday said its new Paradise Island resort is set to double staffing levels to 200 by the New Year, following a near-$50 million renovation programme.
GB Power chief: ‘I’ve never seen anything like’ Matthew wrath
Grand Bahama Power Company’s chief executive, and its majority shareholder, have “never seen anything like” the devastation left by Hurricane Matthew, which has forced the utility to almost rebuild its distribution network from scratch.
LOI group ‘not running away’ from Bahamas
The group at the centre of the Renward Wells Letter of Intent (LOI) controversy yesterday said its opening of a London office did not mean it was “running away from the Bahamas”, but instead seeking to pursue other global opportunities.
Baha Mar purchaser challenged on casino
A key Sarkis Izmirlian ally has questioned the proposed Baha Mar purchaser’s ‘silence’ over its casino plans, given that the gaming facility is “the key engine” in ensuring the development’s profitable success.
GB Power pledges no ‘rate shock’ on Matthew recovery
Grand Bahama Power Company’s (GBPC) chief executive has pledged to avoid any “harmful rate shock” for storm-battered customers when it seeks to recover its restoration costs.
