Investment Authority’s reforms set for ‘roll-out’
The Deputy Prime Minister yesterday said a “roll-out plan” for reform of the Government’s main investment agency will be unveiled in upcoming weeks amid a drive to “make doing business easier”.
Ex-PM backing four lanes ‘all the way to Lyford Cay’
A former prime minister yesterday backed research calling for a four-lane highway to be constructed between the airport and Old Fort Bay to ease escalating traffic congestion in western New Providence.
New judge’s law firm loses unpaid bill fight
A law firm whose principal is a newly-named Supreme Court judge has lost its bid to recover an unpaid $24,544 legal bill because it failed to properly present its evidence before the court.
GB Power union: ‘We’ll never give up the fight’
A trade union leader yesterday pledged to “never give up the fight” after the Court of Appeal overturned an Industrial Tribunal verdict that it won previously against Grand Bahama Power Company.
SEBAS EYES $200M INVESTMENT IN HOTEL: Project set to create over 500 jobs when done
Sebas Bastian’s Brickell Management Group is entering the resort industry with a 226-unit condo hotel as part of a $200m western New Providence development set to create over 500 full-time jobs at completion.
Customs ‘almost there’ on Click2Clear restart
CONFUSION last night surrounded Customs’ efforts to restore its electronic import clearance system, which has been offline for the past week, even though a senior officer said: “We are almost there.”
Construction industry outlook ‘looking great’
BAHAMIAN professionals yesterday said “things are looking great” for the construction industry in 2023 with multiple new projects anticipated to break ground during the year.
BOB eliminates ‘external influences’ of past rescue
Bank of The Bahamas has “eliminated a lot of the external influences” that helped produce two taxpayer-funded rescues, its top executive has revealed, with the institution “on track” to hit this year’s $8m-$9m profits target.
‘Land locked’: Cable Beach restaurant help backfires
A landlord’s bid to prevent its Cable Beach restaurant tenant from becoming “land-locked and inaccessible” to customers has backfired after the Supreme Court rejected its claim to ownership of a key asset.
Debt jumps $256m on IMF rights borrowings
Much of the $256.2m increase in the national debt during the six months to end-December was driven by the Government’s “use” of $232.3m in IMF special drawing rights (SDRs), it has been revealed.
FTX creditors ‘fortunate’ Bahamas acted on hack
FTX’s US chief has admitted to the Delaware Bankruptcy Court that clients and creditors were “fortunate” The Bahamas acted to safeguard assets from theft by hackers in a total reversal of his previous attacks.
We must benchmark swift justice success
THERE are many moving parts to bringing about peace and justice for citizens of The Bahamas.
Architects chief loses building permit appeal
THE Institute of Bahamian Architects (IBA) president has pledged to “definitely” use any available appeal options after a court found there was “an abundance of evidence” to reject his building permit Judicial Review.
Sustainable tourism now the ‘fastest growing’ niche
SUSTAINABLE tourism has become the “fastest growing” segment of The Bahamas’ most important industry in COVID-19’s aftermath, a leading official says.
Earthquakes and history
ActivTrades
LARGE earthquakes have been a persistent threat to human civilisations throughout history, causing destruction and altering the course of entire societies.
