$20m renewable energy deal hailed as ‘very much needed’
The North Andros Chamber of Commerce president yesterday said a $20m renewable energy deal could finally provide long-awaited stability for the island’s economy after years of unreliable, expensive power that has hurt businesses and households alike.
Bahamas protecting ‘five slices of pizza’ over growth to 20-30
Grand Bahama’s Chamber of Commerce president says this nation must shed its protectionist Immigration mentality if the economy and major foreign direct investment (FDI) projects are to flourish, as he warned: “The reality is we are penny wise and pound foolish.”
DPM hails American’s Bimini launch as airport 60% finished
THE deputy prime minister has hailed the launch of American Airlines’ service between Miami and Bimini as a significant boost for the island’s stopover tourism industry and residents alike.
Gomez vows to 'hold' Baha Mar to construction halt pledge
A former Cabinet minster is pledging to “hold” Baha Mar to its undertaking after construction work related to the $700m resort expansion launched despite an active and ongoing challenge to the project’s planning approvals.
DEREK SMITH: Taking on clients is first test of credibility and reputation
The connection between client onboarding and reputation is often under-estimated.
Prime Minister: Bahamas must not be swept away in AI ‘tsunami’
The Prime Minister says artificial intelligence (AI) can lower barriers to entry, expand opportunity and reshape small economies such as The Bahamas.
GB Power seeks to close sale ‘as soon as possible’
The Prime Minister has pledged his administration is working to resolve work permit challenges and other woes threatening Grand Bahama Shipyard’s projected expansion.
DPM Chester Cooper: Boating fees update ‘in due course’
The deputy prime minister has promised an update on potential reforms to the new and increased boating fees will be provided “in due course” with the MInistry of Finance and Ministry of Transport heading talks with the private sector.
Don’t ‘blindly rely’ on AI
A Bahamian banker says the industry cannot “blindly rely upon” artificial intelligence (AI) and instead must use it wisely to drive efficiency and productivity.
Downtown benefits from taking a ‘bite out of Bay’
The Tourism Development Corporation says downtown Nassau was transformed into a celebration of food and culture through the return of its Bites on Bay festival on Saturday, February 7.
Governance reformer: Fighting corruption will cut cost of living
Governance reformers yesterday argued that fully implementing and resourcing anti-corruption measures will help ease The Bahamas’ cost of living pressures after this nation slipped one place in Transparency International’s annual Corruption Perceptions Index.
Bahamian realtor unveils its ‘Circle of Excellence’
A Bahamian realtor has unveiled its 2025 Circle of Excellence winner to honour agents and teams who show outstanding performance and commitment.
Regulator warns Bahamians on ‘relationship’ fraud scams
The Securities Commission yesterday revealed it is participating in a five-day global campaign as part of a drive to better protect Bahamians from falling victim to so-called ‘relationship’ or ‘romance’ fraud scams.
$100m roadworks funding via ‘receivables factoring’
A $100m loan that will enable a Bahamian contractor to complete 200 miles of roadworks on Exuma and Eleuthera has been structured as an “accounts receivables factoring” arrangement, it was revealed yesterday.
Resolving Perpall Tract floods set to cost $5.7m
A $5.7m investment is needed to solve flooding and poor drainage in the 350-acre Perpall Tract and east Grove area of northern New Providence, an engineering study is estimating, with the planned new hospital not adding to these woes.
