$30m loan from IDB to help Blue Economy
The Davis administration has signed a $30m loan agreement with the Inter-American Development Bank to support small and medium-sized businesses in the Blue Economy.
Govt: Report shows we're moving in right direction
The Office of The Prime Minister in a statement yesterday said the Fiscal Responsibility Council’s Annual Budget report demonstrates the country is “moving in the right direction” and they will not be “distracted” while on the path of fiscal consolidation and continued growth.
Air Canada resumes flights
Director of Aviation Kenneth Romer said Air Canada will resume flights to the country today after reaching a settlement with their union.
Water tower improvements 'will broaden site's income'
Officials from the Antiquities, Monuments and Museums Corporation say improvements to the water tower will “broaden” the site’s income base.
McKinney: Cold mix is Family Island solution
AN entrepreneur is looking to bring locally made cold mix asphalt to the Family Islands, which he says are under-serviced.
CCA hits back at court ruling over Baha Mar
A spokesperson for CCA Construction yesterday said the ruling by the New York Supreme Court that awarded Mr Izmirlian some $1.642bn was “wrongful” and the company will continue to have the decision overturned on appeal.
Kelly: We need answers on Governor’s Harbour Airport
Philippa Kelly, the FNM candidate for Central and South Eleuthera, said the airport in Governor’s Harbour is “falling apart” under the Davis administration - despite $6m in airport upgrades completed early in 2024.
No damage from storm to businesses, says councillor
A chief councillor confirmed businesses have not suffered damage from the effects of Hurricane Erin while marinas in the central Bahamas remain under a tropical storm watch.
PM: Land granted for new BTVI campus
Prime Minister Philip Davis announced yesterday that the government has granted land for a new Bahamas Technical and Vocational Institute (BTVI) campus as the administration strives to create more opportunities for Bahamians.
Abaco seeks to connect with China
The president of the Abaco Chamber of Commerce, Chantelle Sands, is on an official visit to China this week, engaging in high-level discussions aimed at unlocking new economic opportunities for Abaco’s businesses and community.
Aztec to fly from Florida to Exuma
Aztec Airways is to launch direct flights into Georgetown, Exuma, from Florida.
Storm forces cancellation of some Bahamasair flights
Bahamasair has cancelled all flights into Inagua and Mayaguana due to Hurricane Erin. The airline is expected to resume flights into the affected islands tomorrow.
‘Why the silence on Sandals Exuma?’
FNM candidate for Exuma and Ragged Island Debra Moxey-Rolle says the Davis administration has “gone silent” regarding the ongoing closure of Sandals Emerald Bay, which was shuttered to facilitate its rebranding into a family-friendly Beaches resort.
Govt needs near-$100m surplus in fourth quarter to hit target
The Fiscal Responsibility Council (FRC), unveiling its Annual Budget report said the Davis administration must produce a $96.6m surplus during the fourth quarter in order to meet its targeted fiscal deficit of $69.8m.
‘CCA parent firm must pay $1.6bn on Baha Mar’
Dionisio D’Aguilar, who sat on Baha Mar’s board under the mega resort’s original developer, said the unwillingness shown by Chinese state-owned CSCEC Holding Company (CSCECH) to settle the $1.6bn debt with BML Properties is a “red flag”,
