Family Island energy and LNG projects advancing, says Minister
More than 20 Family Island renewable energy and LNG projects are advancing through various stages of development, with several developers have already completed site preparation and procurement work as The Bahamas moves ahead with energy sector reforms.
New luxury platform for PI real estate
A LICENSED Real Estate Salesperson has officially launched a dedicated luxury real estate platform for Paradise Island.
Delayed search for homeless shelter frustrates Great Commission Ministries
AFTER failing to secure Crown Land for its long-delayed Hope City Homeless Shelter, Great Commission Ministries is seeking to either purchase land or secure a private donor to advance the project while searching for an inner-city facility to serve homeless people it says have been overlooked by both the church and the government.
BPL apologises after blackout kills festival finale
BAHAMAS Power and Light (BPL) has apologized to Cat Island residents, businesses and visitors after an island-wide power outage disrupted the closing night of the annual Rake & Scrape Festival, an event regarded as one of the island’s most important economic drivers.
‘Trade deficiency should have been addressed years ago’
THE Government is facing criticism over what the Opposition describes as a delayed response to a trade deficiency that could expose hundreds of millions of dollars in Bahamian exports to new United States tariffs, with concerns mounting over the potential impact on the country’s fishing industry.
First equipment shipment next week for $379.2m LNG-to-Power project
FOCOL Holdings yesterday unveiled a $379.2m financing package for its LNG-to-Power project, with executives revealing that the first major equipment shipment is due to arrive in The Bahamas next week as construction activity ramps up at Clifton Pier.
‘Sweeping modernisation’ promised by new head of public parks and beaches
THE Bahamas Public Parks and Beaches Authority is preparing a sweeping modernisation and beautification programme that will include park wardens, expanded surveillance systems, online permits and the restoration of at least five public parks every quarter, according to newly-appointed Executive Chairman.
Thompson: Nassau set for summer of power outages
NASSAU could see a summer filled with power outages, according to MP for East Grand Bahama Kwasi Thompson.
Flight costs greatest challenge for conventions market, survey warns
High Caribbean airfares remain the biggest obstacle to growth in the meetings and conventions market, according to a new Atlantis Paradise Island survey that found 61 percent of planners and attendees view flight costs as their greatest booking challenge despite strong demand for business travel.
Financial evaluation stalls Beach Club offering
Royal Caribbean (Bahamas) president Philip Simon said the long-awaited public offering for the Royal Beach Club at Paradise Island has been pushed toward year-end so potential investors can evaluate financial results based on actual operating performance.
BALS president: Bahamas ready for geospatial spotlight
THE Bahamas Association of Land Surveyors (BALS) has restored its standing after resolving years of unpaid membership fees and regaining active participation in the International Federation of Surveyors (FIG), following a five-year period of dormancy.
Ferguson: Pay Lucayan workers what’s owed
Trade union leader Obie Ferguson renewed his call for the Government to settle outstanding wages and dues owed to former Lucayan Renewal Holdings employees, arguing that workers who "worked, served and sacrificed" should not have to wait any longer for money they are owed.
BPL blackout disrupts Rake ‘N’ Scrape festival
An island-wide blackout that struck Cat Island during the Labour Day weekend left vendors counting losses and disrupted one of the island's most important annual economic events, with one business owner describing the outage as a "tragic moment" for those who depend on the Rake and Scrape Festival to earn income.
Confederation backs NIB’s latest contribution and pension adjustments
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) is backing the National Insurance Board’s (NIB) latest contribution and pension adjustments and is encouraging businesses to review their systems to ensure compliance with the new requirements.
Carnival Cruise Line turns ship upgrades into community support
When a cruise ship enters dry dock for a scheduled refit, the items being replaced could simply be discarded. Carnival Cruise LIne has chosen a different path.
