Caterpillar dealer’s ‘financial ruin’ fear on $1.3m VAT liability tossed
Warnings by the Bahamas-based dealer for Caterpillar construction equipment that it faces “financial ruin” if forced to immediately pay a $1.276m disputed VAT liability yesterday failed to impress the Supreme Court.
Ex-minister: Aviation never ‘cracked the nut’ on pilot hacking
A former Bahamian aviation minister yesterday revealed he never felt industry regulators had “cracked the nut” in preventing and deterring unauthorised commercial flights by pilots commonly known as ‘hackers’.
$500m cornerstone triggers Nassau generation reforms
A $500m liquefied natural gas (LNG) regasification terminal project was yesterday hailed as the cornerstone of The Bahamas’ energy reforms through its ability to deliver lower costs, improved energy reliability and a cleaner baseload fuel source for New Providence.
‘Bahamians don’t feel what Gov’t is selling’
The Opposition’s finance spokesman yesterday asserted that “what the Government is selling does not match what the Bahamian public are feeling” in relation to the projected $223m Budget surplus for the current 2026-2027 fiscal and optimistic economic outlook.
Consumer unease on Starlink $1,000 ‘demand surcharge’
Bahamian regulators yesterday declined to state where they stand on the $1,000 one-time “demand” or congestion charge that Elon Musk’s Starlink satellite Internet and communications provider is levying on many New Providence subscribers.
Where does URCA stand on Starlink ‘congestion’ charge?
Starlink has been a welcome addition to The Bahamas. It has given many people, especially in the Family Islands, access to Internet service that simply was not available before.
New chairman takes helm at Protected Areas Fund
The Bahamas Protected Areas Fund (BPAF) has announced that Glenn Bannister has stepped down as its chairman to be succeeded by Marcus Cheetham with effect from July 1.
LNG switch key element to slash energy outages
Following widespread power outages impacting New Providence, the Davis administration yesterday argued that the country's transition to liquefied natural gas (LNG) is a critical step in rebuilding an ageing electricity system that can no longer meet modern demands.
Shell: Bahamas well-placed to extract LNG use benefits
Shell executives yesterday asserted that The Bahamas is well-positioned to benefit from liquefied natural gas’s (LNG) long-term growth despite recent market volatility because of its proximity to the US, which is rapidly becoming the world's largest exporter.
Taxi operators block LPIA amid livery row
THE Bahamas Taxi Cab Union (BTCU) temporarily blocked vehicle access to Lynden Pindling International Airport’s (LPIA) international departures terminal at the peak of Independence Day travel amid an escalating, ongoing dispute over competition from livery operators.
BPL secures supplier discounts up to 20%
THE Small Business Development Centre (SBDC) has signed an agreement with the Abaco Chamber of Commerce that is designed to expand access to financing, business training and advisory services for entrepreneurs on that island.
Top realtor struck from Briland tourism dispute
A top Bahamian real estate firm has been dismissed as a defendant in the ongoing legal battle between a Harbour Island tourism operator and his former US business partner after a judge found it cannot be blamed for its employee’s purported actions.
‘Safety void’ plus ‘weak enforcement’ concerns cited after fatal Andros crash
Aviation executives have cited a “domestic safety culture void” and “very weak” regulatory enforcement as factors that potentially contributed to the fatal Independence Day plane crash that killed all ten persons on board.
Central Bank in ‘cash buffer’ as Gov’t to refinance $3.4bn
A “cash buffer framework” has been developed to ease the Government’s cash flow and liquidity pressures during the weaker first half of its fiscal year, it has been revealed, amid plans to refinance near-$3.4bn in total public debt during the 2026-2027 Budget period.
Fatal plane crash to ‘take toll on industry’
Bahamian aviation executives yesterday revealed the fatal Andros plane crash will “take a toll on the industry” and “stay with us for a while” as an Opposition MP challenged the level of regulatory oversight applied prior to the crash.
