Digital payments co-founder to join PM at UK receptions
A Bahamian-headquartered digital payments provider yesterday said its co-founder and chairman will speak alongside Prime Minister Philip Davis KC at several upcoming London events.
Poultry producer waits on $14k solar funds balance
A Bahamian poultry producer is awaiting receipt of the final $14,000 from the Small Business Development Centre’s (SBDC) $40,000 grant before it begins its solar energy transition.
Eleuthera is 'bursting at seams with possibilities'
The transformation of Eleuthera's three principal airports will provide the "gateways" to increase investment flows into Eleuthera, a Cabinet minister has asserted, describing the island as "bursting at the seams with opportunity".
Grants awarded to 51 creative entrepreneurs
Some 51 Bahamian entrepreneurs were yesterday awarded grants of up to $5,000 to help develop their creative ventures and expand the so-called 'orange' economy.
Love Beach is not feeling the Passion
Love Beach residents have united in opposition to a prominent Bahamian developer’s condominium project amid fears it will “bulldoze” the area’s property values and deter further investor interest.
Former minister: Give Toby ‘some preference’ over PI
A former Cabinet minister yesterday said the Bahamian entrepreneur battling to restore Paradise Island’s lighthouse should be given “some preference” now that his project can easily “co-exist” with Royal Caribbean’s.
Central Bank warned over Gov’t lending limits breach
The Central Bank was advised it could breach its legal lending limits to the Government through the latter’s use of $232.3m in IMF special drawing rights (SDRs) without reforms to its governing Act.
Village Road companies slam ‘haphazard’ damage repairs
Village Road businesses yesterday blasted the Government’s efforts to repair business premises, residences and driveways/parking lots damaged by the area’s 15-month roadworks as “haphazard” and lacking “structure”.
EX-PM demands Central Bank HQ deal explanation
A former prime minister yesterday demanded an explanation for why the Central Bank’s proposed new headquarters building at Royal Victoria Gardens in downtown Nassau was “terminated’.
Activists fear ‘total decimation’ of PI site by Royal Caribbean
BAHAMIAN environmental activists yesterday reiterated fears that Royal Caribbean’s $100m beach club project will cause “total decimation” of western Paradise Island despite assurances to the contrary.
Tourism ‘doesn’t need any more’ air fare fees
The Bahamas must work with the airline industry “to put a ceiling” on travel costs to the destination, a senior hotelier is asserting, as this nation “doesn’t need any more taxes” included in ticket prices.
Air fares blamed for 20% Briland villa rentals drop
A Harbour Island realtor has blamed “crazy” air fares that have more than doubled compared to pre-COVID for a 20 percent slowdown in high-end villa rentals during the 2023 peak winter season.
Hotel union: ‘One item’ away on industrial deal
The hotel union’s president says it is just “one item” away from concluding an industrial agreement with the main employer body, and believes once it is completed other “dominoes” will fall.
PM’s Bermuda flight ‘reckless, negligent’
The Prime Minister’s Bermuda trip has flown into a fresh storm of controversy as the airline responsible is battling a $200,000 fine over accusations it operated the flight in a “negligent and/or reckless” manner.
Water Corp targets further 57% system loss reduction
The Water & Sewerage Corporation has extended by four-and-a-half years a contract that has saved itself and its customers more than $153m over the past decade.
