Cruise ship power provider unveils $100m bond raise
THE 60 mega watt (MW) shore power provider for Nassau Cruise Port’s docked vessels is seeking a further $100m in financing via a bond issue that is set to launch on November 6.
BTC unions ‘lay everything out on table’ in PM meeting
THE trade unions representing Bahamas Telecommunications Company (BTC) staff yesterday said they “laid everything out on the table” in meeting with the Prime Minister over their grievances with how the carrier is being managed.
Contractors in renewed plea over self-regulatory Board
BAHAMIAN contractors yesterday renewed their plea for the Government to take the final steps to allow the industry to self-regulate and halt ongoing attempts to “build illegally”.
Reforms to boost marine protected area oversight
THE Attorney General yesterday said reforms to the Bahamas Protected Area Fund (BPAF) Act will strengthen institutional capacity and allow monies already allocated to conservation agencies to be released.
New Chinese vehicle brand makes its Bahamas debut
ANOTHER Chinese vehicle brand has entered the Bahamian market through the launch of one of its leading sports utility vehicle (SUV) models.
Briland tourism firm hit by ‘unlawful’ interference
A Briland tourism operator is accusing its now-estranged US business partner of “interfering” with operations and directing visitors to its rivals despite not being permitted to operate in the sector.
Grand Lucayan in fresh closure delay
THE Grand Lucayan’s planned closure last Thursday has been delayed yet again with the resort still open as of yesterday and no shut-down date provided to staff, Tribune Business can reveal.
Bahamas needs $450m annual spend on ‘gaps’
THE Bahamas will need to invest more than $450m annually from 2030 onwards to address critical “infrastructure gaps” although it stands to benefit from “one of the Caribbean’s least-risky environments” for private financing.
Resort engineer fired over ‘extorted’ $45k
A downtown Nassau resort’s firing of its then-chief engineer after he “demanded” that a third-party contractor pay $45,000 to himself and his wife has been upheld by the Industrial Tribunal.
First mate loses his $14,750 claim after ‘sabotaging’ employer’s deal
A TOUR boat operator’s first mate has lost his $14,750 wrongful dismissal claim after he was accused of “successfully sabotaging” his employer’s business by derailing its bid to obtain foreign investment.
GB airport’s financing switch ‘not robbing Peter to pay Paul’
THE deputy prime minister is asserting that the Government is “not robbing Peter to pay Paul” over its decision to switch Saudi financing from Exuma and North Eleuthera to instead fund Grand Bahama International Airport’s redevelopment.
MP hopes airlines absorb Bimini airport fee hikes
Bimni’s MP says he hopes airlines will be willing to absorb some of the increased air fare costs to the island following the implementation of higher fees at its redeveloped $80m airport.
$80m Bimini airport overhaul eyeing early 2026 completion
Bimini’s $80m airport overhaul is “making steady progress” and expected to be completed by early to mid-2026, the deputy prime minister says, with airside works already nearing a finish.
Building Code ‘just paper’ without true enforcement
The Bahamian Contractors Association’s (BCA) president is arguing “there’s no point” in improving the Building Code without proper enforcement, adding: “We’re good at creating laws we don’t manage.”
Gov’ts ‘undisguised coercion’ of locked-out social worker
The government subjected a 30-year veteran social worker to “undisguised economic coercion” by unlawfully withholding his salary and forcing him to work for free for a year prior to locking him out.
