Local Business

Subscribe

Bahamasair teams with TSA for faster security screening

Bahamasair says it has partnered with the Transportation Security Administration (TSA) to provide more efficient and seamless security processing for passengers flying to and from the US.

FOCOL targets wide growth in ‘preparing for the next 50 years’

FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”

Artists urged to make mark in downtown mural project

Bahamian artists are being encouraged to make their mark on downtown Nassau’s revival by creating murals that will upgrade the area’s appearance and highlight this nation’s culture.

Resorts ‘meet or exceed’ Easter tourism targets

Bahamian resorts were yesterday said to have met or exceeded their Easter performance targets and are expecting a strong 2024 second quarter.

Bahamian wedding planner receives global appointment

A Bahamian destination wedding planner has been appointed as industry advancement director of the Certified Wedding Planners (CWP) Society.

Bakery reveals record Easter hot-cross sales

A Bahamian bakery yesterday revealed it enjoyed its best Easter to-date by selling just under 600 dozen homemade hot cross buns.

Bahamas and Cuba to battle on $90k cheque

A Supreme Court judge has ruled that the Bahamian and Cuban governments must battle to resolve a 24 year-old legal dispute over a $90,000 cheque.

Freeport real estate sees 25% surge before market ‘explodes’

Freeport property sales and rentals were yesterday said to have increased by 25 percent in recent months as buyers seek to enter the market before it “explodes” from $2bn worth of investment projects.

Gov’t eyes jet ski safety crackdown

The Government is eyeing a safety crackdown on jet ski operators that could result in the industry having to sign up to and abide by a ‘code of conduct’, it was revealed yesterday.

Grand Lucaya sees rise in occupancy numbers over long Easter weekend

SOME hotel properties experienced occupancy levels of between 30 and 40 percent over the Easter holiday, particularly in the Lucaya area.

Tease photo

Former FTX chief Sam Bankman-Fried jailed for 25 years

Crypto entrepreneur Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.

‘Make the switch’: 2.6% growth below forecasts

THE Bahamas must “make the switch” to focus on medium to long-term economic goals after it was revealed yesterday that 2023’s 2.6 percent real GDP growth came in below expectations.

Tease photo

Treasure Cay gets ‘break we’ve waited 35 years for’

TREASURE Cay stands poised for “the break we’ve been waiting for for 35 years” after a Florida-based developer last night confirmed he has a “binding” deal to acquire the Abaco development.

Tease photo

Bahamians conflict on broker’s US client pull

Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.

Tease photo

PI resort proposal expands units 46%

The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.