Lodge owner in blast at ‘deplorable’ utility crisis
An ex-Bahamas Out Island Promotion Board president yesterday made an impassioned plea to address Mangrove Cay’s “deplorable” utility crisis which forced her to relocate to Nassau to handle bookings for the upcoming fishing season.
Exuma project pledging 300 jobs back on track
A $262m Exuma resort project, which is pledging to create 300 full-time jobs once build-out is complete, appears to be moving forward again with a public hearing on its environmental plans set for October 2023.
IAN FERGUSON: Proper research vital to a competitive edge
In business, knowledge is power. The ability to make informed decisions is crucial for any company’s success and growth. To achieve this, businesses rely on research.
Containment booms around sunken Potter’s Cay vessel
The port authorities have placed containment booms around a sunken vessel at Potter’s Cay dock to contain any potential oil spill as they wait on its owner to remove it.
Atlantis moves to boost staff career development
Dozens of colleges and universities descended upon Atlantis yesterday as the mega resort hosted its first career development fair in a bid to help employees further their education and personal development.
Bran’s law firm back with free legal clinics
The Halsbury Chambers law firm yesterday said it will host its 16th annual legal clinic this month and provide $20,000 worth of free consultations.
Digital assets summit aims to ‘rebuild trust’
Organisers of a major digital assets conference that will be held in The Bahamas next month yesterday said the event will seek to “rebuild trust” in crypto exchanges and the industry generally following FTX’s implosion.
‘Happy to be rid’ of ex-Robin Hood site
Compass Point’s last owner is voicing optimism that the sale of the former Robin Hood store on Prince Charles Drive will close before year-end after the property was plagued by vandalism, vagrants and copper theft.
ArawakX suspension extended to Monday
The Bahamas’ first-ever crowd funding platform yesterday saw its registration suspension extended until September 18 as it pleaded for more time to address Securities Commission concerns over its solvency.
‘Tremendous pressure’: FNM fears for $131m deficit target
The Opposition yesterday voiced fears that the potential $160m VAT under-shoot in the prior fiscal year puts the Government’s 2023-2024 revenue forecast “at risk” and leaves its $131m deficit target under “tremendous pressure”.
URCA ‘monitors’ but offers no relief from energy hikes
Regulators yesterday sought to reassure Bahamian households and businesses they are “monitoring” Bahamas Power & Light’s (BPL) sky-high bills but made no mention of any immediate relief from “compound billing’s” impact.
Bahamas First blames 50% of $4.3m loss on new rules
Bahamas First’s top executive has blamed more than 50 percent of the group’s $4.3m comprehensive loss for the 2023 first half on a major change to insurance industry accounting standards.
Flowers: Who will profit if changes made on casinos?
Craig Flowers, the FML group of companies chief weighed in on Bahamians being allowed to gamble in casinos and the implementation of standalone casinos on the Family Islands.
Tour operators: Rebound dampened by fee hikes
Bahamian tour and excursion operators were yesterday said to be enjoying a post-COVID bounce back with bookings some 15 percent ahead of 2019 levels.
Insurers open to work with gov’t over coverage pool
Bahamian insurers are willing to work with the Government in creating a pool mechanism that would make catastrophe coverage more affordable for homeowners and businesses, its association chief said yesterday.
