Sands: ‘No taxpayer value’ in $1.7m AC repairs deal
The Opposition’s chairman yesterday blasted that “there’s no value for taxpayer money” in a $1.7m contract for air conditioning repairs at the Ministry of Foreign Affairs’ Goodman’s Bay Corporate Centre offices as he challenged why any public funds were spent.
Modest inflation increase in July
Prices paid by Bahamian consumers remained relatively stable in July with inflation increasing by just 0.6 percent compared to the prior month and by 1.3 percent year-over-year.
Fugitive ex-judge’s ‘iconic’ status challenges receiver
The “iconic” status of a fugitive ex-Supreme Court judge among Bahamian attorneys created an “enormous challenge” for the receiver charged with seizing his local assets when it came to securing legal representation.
Businesses being ‘taxed to the point of stagnation’
The Bahamian Contractors Association’s (BCA) president yesterday voiced fears that businesses are “being taxed to the place where they stay stagnant” after it was revealed there is no escape from having to pay VAT on construction-related expansion projects.
Rosewood Exuma opponents issue Bahamian jobs challenge
Opponents of the $200m Rosewood Exuma project yesterday challenged its assertions over the number of Bahamians it will employ - both in the building phase and full-time operations - alleging it has obtained government approval for up to 100 construction work permits.
AG: New bill ‘backbone’ for the digital economy
The Attorney General yesterday said the Data Protection Bill is the “backbone” of The Bahamas’ technology-related legislation.
Air arrivals drop in eight of ‘25’s first nine months
Air arrivals to The Bahamas fell against 2024 comparatives in eight of the first nine months this year, Central Bank of The Bahamas data released yesterday reveals, although total numbers are up due to the continued growth and expansion of cruise tourism.
Entrepreneur enjoys 15% Black Friday, Cyber Monday sales rise
A Bahamian entrepreneur yesterday said he enjoyed a 15 percent jump in sales due to offering Black Friday and Cyber Monday deals - an increase he aims to maintain once his storefront is completed.
Water Corp outages ‘really tough' for Eleuthera to take
Eleuthera residents and businesses were yesterday told that the Naval Base reverse osmosis plant is fully operational and producing water again following repeated supply loss and reduced pressure last week.
Graycliff unveils sixth factory experience with Batik launch
Graycliff yesterday further expanded its operations by launching its new Batik Factory in the nearby Mountbatten House.
Atlantis reveals projects to create 350 permanent jobs
Atlantis yesterday announced that the planned upgrades to its Cove property, as well as the addition of fresh retail, restaurant and amenity offerings, will create 350 full-time jobs when all these projects are completed.
Merchant’s online ‘salvaging’ aids double-digit sales growth
A Bahamian home improvements merchant yesterday revealed that retail and construction trade sales for 2025 to-date have both increased by double-digit percentages year-over-year with its e-commerce platform “salvaging a lot more” transactions that would previously have gone overseas.
Restaurant chain’s costs jump from 37% to 60% of revenue
A Bahamian restaurant chain continues to target expansion to downtown Nassau, the Family Islands and other Caribbean nations despite challenges posed by its cost of goods increasing from 37 percent to 60 percent of revenue.
Airport hotel developer in early 2026 selection
Lynden Pindling International Airport’s (LPIA) operator is set to name the developer for its planned airport hotel in the 2026 first quarter, it was disclosed yesterday.
First Baha Mar developer ‘vindicated’ by settlement
A former Baha Mar director yesterday asserted that the settlement with China Construction America (CCA) has “vindicated” Sarkis Izmirlian by “clearing his name” and giving him “just rewards” for the wrongs he suffered when ousted from the project more than a decade ago.
