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.
Legal reforms ‘shift power dynamic’ over data control
Bahamian technology providers said legal reforms debated by the House of Assembly “shift the power dynamics for control of data” as they backed the move to “move with the times”.
KEITH ROYE II: Bahamas must embrace the payments revolution
If you have walked into a Nassau coffee shop lately and paid with your phone, you have experienced first-hand what is rapidly becoming the new normal.
Just 10-15% of applicants awarded financing by BDB
Just 10-15 percent of applicants for Bahamas Development Bank (BDB) financing succeed in obtaining funding for their ventures, a senior official disclosed yesterday.
Catholic schools battle it out in four-game header
The Catholic Primary School Basketball season continued over the weekend at Loyola Hall with a four-game header, two in the girls’ division and two in the boys’.
Second battle erupts over bid to ‘destroy’ Briland firm
A Briland tourism business is fighting a second battle against efforts to “destroy” it and “force” staff terminations despite successfully preventing its shut-down before the Supreme Court.
‘Even stronger growth’ call as IMF upgrades Bahamas
A Cabinet minister yesterday asserted the Government is aiming “for even stronger growth” after the IMF upgraded The Bahamas’ economic expansion prospects by 0.4 percent for both 2025 and 2026.
