Pinder: Opposition is ‘out of touch’ with segregated accounts concern
Attorney General Ryan Pinder yesterday dismissed questions raised by the Opposition about the consultation process for Segregated Accounts Companies Bill as a demonstration of how “out of touch” they are with the financial services sector.
‘Why the mystery over $10m loan to Carmichael Village company?’
The Opposition has again pressed for details from the government surrounding a $10m loan to Carmichael Village Project Development Company.
Realtor urges level playing field for Bahamian vacation rentals
A prominent realtor is calling for Bahamian vacation rental owners to receive incentives similar to those under the Hotels Encouragement Act to prevent the market from being dominated by foreigners.
Coca-Cola producer partners with Carnival’s $600m project
Caribbean Bottling Company (CBC), the Bahamian producer of Coca-Cola and Dasani products, partnered with Carnival Cruise Line for the opening of its $600m Celebration Key private cruise port.
Renewable energy plants in construction start this week
A renewable energy provider that raised more than $130m from Bahamian investors yesterday said site clearance for its Abaco and Eleuthera plants will begin this week.
Bahamian tour operators defend safety protocols
Bahamian tour and excursion boat operators yesterday argued that the industry’s safety protocols are in line with international standards including when they have to deal with drunken passengers.
GB economic output less than decade ago
Grand Bahama’s Chamber of Commerce president yesterday said Freeport Harbour is anticipating “a very lean” 2025 second with the island still to return to the economic output levels of ten years ago.
Unsafe work and informal economy ‘high on agenda’
The informal economy and unsafe working conditions are “high on the agenda” for the National Tripartite Council, it was disclosed yesterday, as both private sector and unions agreed with some US concerns.
‘Criminality’ accusations spark $113m Bahamian fund’s court winding-up
The Securities Commission yesterday revealed “heightened concerns” sparked by accusations of “criminality” had caused it to seek the court-supervised winding-up of a $113m Bahamian investment fund.
Ex-MP, judge indicted by US on $3.6m fraud
An ex-MP and former Supreme Court judge is now being pursued by US federal law enforcement after he was charged with perpetrating a $3.568m fraud, Tribune Business can reveal.
Eleuthera split over new power provider
Eleuthera residents are torn between whether to support a Spanish Wells energy provider or Bahamas Power & Light (BPL) and its island-wide revamp in their quest for reliable electricity.
Briland resorts cautious on funding energy providers
Harbour Island hotels yesterday reacted coolly to suggestions that local businesses and residents help finance a new energy company to provide reliable power to the island.
One of BPL’s offline Abaco units to return by month-end
A senior Bahamas Power & Light (BPL) executive yesterday said he expects one of the two offline units at Abaco’s Wilson City power plant to be repaired before August ends.
BPL teams ‘bracing’ for Erin’s impact
A senior Bahamas Power & Light (BPL) executive yesterday said it has done “extensive” maintenance work in the southern Bahamas prior to hurricane season but efforts are still ongoing.
Top supplier: ‘Some progress’ in cutting Water Corp’s $29m debt
New Providence’s main water supplier yesterday said there has been “some progress” in cutting debts owed to it by the Water & Sewerage Corporation that were nearing $30m at end-June 2025.
