Local Business

Subscribe

Northern Bahamas bracing for Milton

Residents in the northern Bahamas yesterday rushed to grocery stores to stock up on goods ahead of a potential impact from Hurricane Milton.

Tease photo

Eleuthera residents demand ‘no bill’ over water outages

Residents in the Eleuthera settlements of Tarpum Bay and Rock Sound yesterday complained that the Water & Sewerage Corporation left them with no supply for four days due to repairs and mechanical failure.

BPL boosts Briland to meet regatta demand

Bahamas Power & Light (BPL) yesterday said Harbour Island endured a planned outage so a 2.5 mega watt (MW) generation unit could be installed to meet demand ahead of the island’s regatta.

Former BPL director wins $600k termination payout

A former Bahamas Power & Light (BPL) executive director, who alleged he was terminated because of his “perceived political affiliation” with the FNM and Desmond Bannister, has won a near-$600,000 payout.

$985m project’s ‘serious adverse impact’ potential

Abaco’s Chamber of Commerce president is “hoping and praying” that the developers of a $985m south Abaco resort project “do everything they can to preserve the natural beauty” of that area.

‘Trespasser’ ordered to vacate Mosko Group beach club land

The Mosko Group is aiming to develop a beach club, featuring a zip line attraction in front of a public beach, on land it owns between Sandyport and Caves Village.

‘Nailed’: Marinas blindsided by new tourist extra stay fee

Bahamian marinas were “nailed” by the Immigration Department’s sudden imposition of a $200 fee for tourists seeking to extend their stay in this nation despite the measure being unveiled in the Budget.

Family Island Chambers detail utilities difficulties

Family Island Chambers of Commerce presidents have called for critical electricity, water and communications upgrades to help their respective island economies advance.

BTC honours clients and customer service workers

The Bahamas Telecommunications Company (BTC) last week celebrated Customer Experience (CX) Day to show its appreciation for staff and subscriber clients.

Exuma resort neighbours at odds on project’s plans

Two neighbouring Exuma resort developments are at odds over the larger project’s plans for the location of its northern dock and scale of its build-out plans.

Minister defends raised fees for private aviation

A Cabinet minister has defended the increased fees imposed on private aviation visitors as essential to financing much-needed capital improvements at The Bahamas’ airports.

Private pilots launch Bahamas travel alert

The world’s largest private pilots group yesterday issued a “travel advisory” alert on The Bahamas over “the substantial and egregious” fee increases imposed on the sector in the 2024-2025 Budget.

$1bn FTX Bahamas claims hit if Chapter 11 plan fails

FTX’s Bahamas liquidators have received more than $1bn in claims from over 44,000 creditors as they urged a US judge to accept the crypto exchange’s Chapter 11 reorganisation plan.

Aliv ‘where we need to be’ through $90m raise

Aliv’s latest capital raise “takes us where we need to be” by “cleaning up” multiple inter-company loans and providing funds for capital investment, Cable Bahamas’ top executive disclosed yesterday.

Cargo company ‘threatening business licences’ of couriers

Former Prime Minister Dr Hubert Minnis accused JDL, the company tasked with renovating and maintaining the cargo section at Lynden Pindling International Airport, of threating to have the business licence of courier companies revoked if they do not pay their bills.