Activists question $4m post-verdict investment at Blackbeard’s Cay
Environmental activists yesterday queried how the Blackbeard’s Cay developer could “be so cock sure” as to invest a further $4 million AFTER the Supreme Court issued a judgment calling for the Government to close the project.
FNM deputy: ‘Is Gov’t interfering with Baha Mar liquidators work?’
The Opposition’s deputy leader has questioned whether Prime Minister Perry Christie’s interventions with Baha Mar’s Chinese partners are “tantamount to interfering” with the responsibilities of the project’s joint provisional liquidators.
Out Island airlift strategy demand
The Bahamas has failed to convert its US proximity into affordable airfare, a tourism executive arguing that a national airlift policy is now needed to develop the Family Islands.
QC joy over Port backing on ‘flawed’ Hawksbill review
An outspoken QC has expressed joy over the Grand Bahama Port Authority (GBPA) agreeing with him that the Government’s consultation process over proposed Hawksbill Creek Agreement reforms was “fundamentally flawed”.
Real estate ‘great’ devaluation hedge
Real estate investments are a great “hedge” against currency devaluation, according to a Family Island resort owner, with land “prime” and “plentiful” for development in these locations.
Attorneys ‘can’t complain’ on Hawksbill participation
Two Callenders & Co attorneys “cannot complain” about being excluded from the recent Hawksbill Creek Agreement consultation because they were given “multiple reasonable opportunities” to participate.
Treasure Cay’s fuel post eyes $3m record
While the new Delta Airlines service has brightened the immediate future for Abaco tourism, a Treasure Cay hotelier warned that the lack of domestic service into that location “has hurt us for three years”.
Baha Mar liquidators seek ‘emergency’ $25m
Baha Mar’s joint provisional liquidators yesterday sought Supreme Court approval to borrow $25 million, warning they would have to shut the Melia Nassau Beach Resort if unable to meet an $8.7 million insurance payment falling due on Monday.
Local contractors owed $74.3m over Baha Mar
The Bahamian Contractors Association’s (BCA) president yesterday said the 120 local companies collectively owed $74.3 million for work performed on Baha Mar needed to be fully paid before they would return to the construction site.
$12 million project’s ‘real fight’ is with Government
An outspoken QC yesterday said the Blackbeard’s Cay developer’s “real fight” was with the Government and not his environmental activist clients, as he pledged to enforce a court Order requiring the $12 million project to be closed.
Baha Mar contractor promises completed analysis ‘in 7 days’
Baha Mar’s contractor has promised to complete its assessment of the work necessary to complete the $3.5 billion resort development within seven days, Tribune Business was told yesterday.
Port sides against Gov’t in Hawksbill Review challenge
The Grand Bahama Port Authority (GBPA) yesterday said it had been denied “a fair opportunity” to participate in the Hawksbill Creek Agreement review consultation after the Government denied its request to obtain a key report four times.
IAN FERGUSON: Separating ‘sheep from goat’ over client service
Most persons working in ‘the people business’ claim to have reasonably good customer service skills. They credit their upbringing, training programmes, educational credentials and work experience as the support for this assertion.
Venture fund chairman laments MP interference
The Bahamas Entrepreneurial Venture Fund’s chairman said yesterday that efforts to promote financing opportunities in the Family Islands had met with little success, as entrepreneurs appeared to lack confidence to apply for funding.
Fly fishing licences ‘largely determined’
The Department of Marine Resources’ director yesterday said it has been “pretty much determined” that persons will require licenses for fly fishing in the Bahamas, with the fee varying according to duration.
