Palm Cay targets 2030 for construction finish
A south-eastern New Providence development is targeting 2030 for its full build-out with more stages to come after the current phase four.
Bar chief says 'world class' justice requires investment
Delivering "world class" justice "requires meaningful financial investment and not empty rhetoric", the Bar Association's president urged yesterday, as he called for the judiciary's budget to be increased.
'Novel' human rights argument to counter OECD blacklistings
The Government was yesterday said to be developing a "novel" legal argument for presentation before the United Nations (UN) that The Bahamas' "human rights" are being breached by blacklisting tactics.
Bowe: Govt should pay off debt and work at surplus
A TOP financial expert has said the government should aim to pay off its debt and operate at a surplus - for the first time since Independence.
'Bahamas needs to implement a National Development Plan'
Gowon Bowe, CEO of Fidelity Bank Bahamas, has renewed his call for the government to implement a National Development Plan to direct and benchmark improvements on key economic and social metrics.
Davis says policies will boost home ownership
Prime Minister Philip "Brave" Davis said his administration is committed to ensuring affordable and accessible home ownership for Bahamians as he toured the construction site of Renaissance at Carmichael yesterday.
$200m capital markets poised for ‘very big year’
A Bahamas-based investment banker says 2024 is poised to “be a very big year” for the capital markets with companies seeking to raise “at least a couple hundred million” to finance their growth.
$250m Six Senses project eyes summer building start
The developer behind Grand Bahama’s $260m Six Senses resort project yesterday voiced optimism that construction will start this summer depending on when it receives its final approvals.
PharmaChem close sparks GB population shrink fears
The Grand Bahama Port Authority’s (GBPA) is “deeply saddened” by PharmaChem Technologies imminent closure amid fears it will further depopulate an already-shrinking Freeport.
World Bank cuts growth projection for Bahamas
The World Bank has gone in the opposite direction to the International Monetary Fund (IMF) by trimming its 2024 economic growth forecast for The Bahamas by a further 20 basis points to 1.8 percent.
Leading civil servant claims FOIA whistleblower breach
A top civil servant is alleging the Government violated the Freedom of Information Act’s ‘whistleblower’ protections by “intimidating” and sidelining her after she sought to highlight purported “wrongdoing”.
Digital evolution drives retail’s transformation
In the fast-paced realm of business, the evolution of e-commerce has been nothing short of revolutionary.
Target data storage for Bahamas AI growth
A Bahamian software developer yesterday said data storage represents the first Artificial Intelligence (AI) related growth area that this nation can exploit for economic advantage.
FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
‘Writing was on the wall’ on PharmaChem close
A Grand Bahama businessman says he is “not surprised” that PharmaChem Technologies will cease operations tomorrow as the “writing was on the wall” from a few years prior.
