Freeport Harbour expansion unveiled
Freeport’s harbour is poised for its “most significant expansion’ since 1956 and the initial Hawksbill Creek Agreement work, as it prepares for an expected increase in business linked to the Panama Canal’s widening.
Brewery replaces departing chief
Commonwealth Brewery yesterday said its managing director, Nico Pinotsis, will be stepping down from his post for personal reasons on September 15.
URCA engineer gains vital qualification
Waldon Russell, a case officer and electrical engineer with the Utilities Regulation and Competition Authority (URCA), is now a registrant of the Engineering Council (EC) of London.
Callenders attorneys attend China summit
Two Callenders & Co partners will head to Shanghai next month for a major international. financial conference on wealth and asset management, which is expected to attract some 500 advisors and professionals serving China’s fast-growing high net worth individual population.
Halkitis to lead Abaco Outlook speaker roster
A Cabinet minister will deliver the main address to this year’s Abaco Business Outlook conference, which will be held on September 24 at the Great Abaco Beach Resor.
'Las Vegas has nothing on us'
The long-awaited Gaming Bill will transform the Bahamas into “one of the world’s most pre-eminent” casino destinations, a leading industry executive yesterday saying this nation would now offer all the games Las Vegas and Macau possess.
Tourism urges Gov't to 'redouble' energy reform, crime efforts
The Government was yesterday urged to “redouble” its efforts on energy reform and fighting crime, a leading tourism executive warning that both were vital to “maximising” investment and Bahamian job opportunities in the sector.
Gov't puts $175m in contracts out to potential PPP
The Government yesterday moved to seek ‘Expressions of Interest’ from private sector bidders on $175 million worth of public infrastructure contracts, signalling its interest in expanding public-private partnerships (PPPs).
BEC contenders 'cut to three'
The Government has reduced the bidding field for the Bahamas Electricity Corporation (BEC) restructuring to three groups, Tribune Business was told yesterday, and is seeking to complete the process by November 1, 2014.
Moody's downgrade shows Bahamas still in 'emergency room'
A Tax Coalition co-chair yesterday described the latest Moody’s downgrade as “bittersweet”, comparing the Bahamas’ fiscal condition to “the patient in the emergency room, who’s not stable and certainly not healthy”.
Gov't: Moody's move 'best outcome' in circumstances
A Cabinet minister yesterday said the Government was “not totally surprised” over Moody’s latest decision to downgrade the Bahamas’ creditworthiness, slashing its ‘issuer’ and ‘unsecured’ credit ratings by one notch from Baa1 to Baa2.
Gov't opens the door to National Lottery
The Government yesterday left the door open to launch a National Lottery that would be managed by a private sector provider appointed by the Minister responsible for gaming.
BTC signs exclusive Baha Mar mobile deal
The Bahamas Telecommunications Company (BTC) has partnered with Baha Mar to provide mobile services for its thousands of guests through the installation of a multi-million dollar Distributed Antenna System (DAS) covering the entire property.
Miami realtor targets Brazil for Palm Cay
A Miami-based realtor is set to target the high-end Brazilian market for the southeastern New Providence Palm Cay development.
PHA 'resolute' on $5.5m claim denial
The Public Hospitals Authority (PHA) yesterday said it was “resolute” in its position that it did not owe Cavalier Construction $5.577 million for the Critical Care Block construction, saying it was willing to publish documents supporting its case.
