Epstein ‘interested’ in financing Long Island physics investment
The convicted paedophile and sex offender, Jeffrey Epstein, voiced “interest” in investing in the construction of physics-led science institute proposed for Long Island near the Stella Maris resort, it can be revealed.
FOCOL to launch 5MW GB Power solar within 30 days
BISX-listed FOCOL Holdings will begin supplying Grand Bahama Power Company (GBPC) with five mega watts (MW) of soalr power within the next 30 days, it was revealed last night.
Ex-minister: Corporate income tax 'inevitable' if PLP win the election
A former Cabinet minister yesterday asserted that the imposition of corporate income tax on all Bahamian businesses is “inevitable” if the Progressive Liberal Party (PLP) wins the upcoming general election.
Bahamas ‘in far darker place’ in unregulated medicine sale
The Bahamas is in “a far darker place than a decade ago” over the sale of unapproved and ‘grey market’ medicines, an ex-health minister asserted yesterday, adding: “The pirates are still here.”
Epstein advised: Bahamas ‘will welcome you with open arms’
The convicted paedophile and sex offender, Jeffrey Epstein, was advised that The Bahamas “will welcome you with open arms” amid a sustained effort to interest the now-deceased financier in acquiring private islands and high-end real estate.
Rahming confirms GB Power Company is ‘acquisition’
Misgivings were last night voiced about the Government’s planned purchase of Grand Bahama Power Company after it was confirmed that the Prime Minister was referring to an “acquisition” as opposed to just taking regulatory “control” over the energy monopoly.
Chamber chief: PM must layout ‘concrete plans’ for Grand Bahama
The Prime Minister must lay out “concrete plans” for the Grand Lucayan and Grand Bahama International Airport when he speaks to the island’s future today, with one private sector leader urging: “We need particulars we can sink our teeth into.”
$200m Exuma resort opponent hits planning permit ‘unfairness’
A key opponent of the $200m Rosewood Exuma project is threatening to initiate fresh legal action unless Bahamian planning authorities suspend next week’s site plan approval hearing over “procedural unfairness” and failing to comply with legal requirements.
Real estate ‘normalises’ as ‘buyer activity cools’
The Bahamian real estate market underwent “normalisation after several fast-paced quarters” during the final three months of 2025 as “buyer activity cooled” while new home listings on New Providence and other islands increased by double-digits.
Forty flights to Nassau hit by US snow storm
Lynden Pindling International Airport’s (LPIA) operator yesterday confirmed that more than 20 flights into The Bahamas’ major aviation gateway have been cancelled due to Winter Storm Fern’s impact on air travel from major tourism source markets across the US.
PHA chief warns: ‘Can’t pay overtime if dollars not here’
THE Public Hospitals Authority’s (PHA) managing director yesterday warned employees it is a case of when, not if, they will receive all due overtime pay as she warned: “If the dollars are not here, I cannot pay it out.”
Fight for ex-Ginn project heating up
The fight to acquire and develop the former Ginn project has intensified after a Bahamian-led investor group paid a $2.6m deposit to purchase 1,143 acres as part of its bid to transform Grand Bahama’s West End into “the Monaco of the Caribbean”.
Bahamian investor’s $6.5b spend targets ‘thousands of jobs’
A Bahamian investor has unveiled ambitious plans to create thousands of construction and full-time jobs through the $6.5bn transformation of the former Ginn project in Grand Bahama’s West End into “the Monaco of the Caribbean”.
GBPA chief: ‘Companies don’t invest where they’ve lost faith’
The Grand Bahama Port Authority’s (GBPA) president yesterday hailed AML Foods’ $10.3m investment in a new distribution centre as a sign of investor confidence in Freeport, asserting: “Companies do not invest millions of dollars in places they have lost faith in.”
$30m Gov’t subdivision to hardly ‘dent’ 12k shortage
Realtors yesterday argued that the Government’s $30m investment in the 147-unit affordable home Premier Estates subdivision will barely “dent” The Bahamas’ 12,000-strong housing shortage.
