Resorts await ‘dramatic’ improvement in groups
The Bahamian tourism industry will enjoy “a dramatic improvement” in its group business once US federal health authorities upgrade this nation’s COVID ranking.
The price of war
ActivTrades
An invading army can win all the battles and still lose the war. The objective of a military occupation, especially one driven by imperial ambitions, is to neutralise armed resistance and secure control of the centres of power, ultimately aiming to conquer the hearts and minds of the occupied.
Hotelier urges ‘shelving’ of all COVID restrictions
A top hotelier yesterday said he is “praying daily” for the US health authorities to upgrade The Bahamas’ COVID ranking amid calls from some in the industry to “shelve” all pandemic restrictions,.
BTC to be ‘shining jewel’ among CWC
The Bahamas Telecommunications Company’s (BTC) chief executive yesterday unveiled ambitions to become “the shining jewel” for its immediate parent by “accelerating” growth every year.
BTC HQ’s sale likely to complete in 2022
The Bahamas Telecommunications Company’s (BTC) long-time JFK Drive headquarters will likely be sold this year, it was revealed yesterday, as the carrier seeks to enter the data centre market.
Crypto exchange to build ‘7-storey’ hotel
The world’s second largest cryptocurrency exchange has included a 38-room, seven storey hotel in the plans for its proposed $50-$60m western New Providence headquarters.
Entrepreneurship Centre to boost digital transition
Grand Bahama’s Centre for Entrepreneurship and Innovation will benefit thousands of Bahamians by equipping them with the skills to exploit the fast-evolving digital economy.
Fears of $205m hit in BPL fuel hedge woe
Fears were raised yesterday that Bahamas Power & Light (BPL) customers could suffer a $200m-plus hit if the fuel hedging strategy that the Davis administration met in place was not renewed.
Gov’t’s $206.5m deal with Goldman ‘speaks volumes’
The Ministry of Finance’s top official yesterday asserted that the Government’s $206.5m “repurchase” deal with Goldman Sachs “speaks volumes” to the credibility of its fiscal and economic plans.
Bahamian hotel owner defeats lender’s probe
A Bahamian asset manager’s bid to probe more deeply into a Nassau-based resort owner’s alleged $7.5m-$9m insolvency has been thwarted for a second time by the judicial system.
Blame all around over $535m BPL bond ‘gut’
The Opposition’s leader last night admitted “we’re not completely blameless” as he challenged the Government’s effort to “gut” Bahamas Power & Light’s (BPL) mammoth $535m refinancing,.
ART OF GRAPHIX: The qualities needed to unlock entrepreneurship
Why entrepreneurship? While the journey to entrepreneurship is likely to be filled with sacrifices, obstacles and challenges, the reward for the same is far greater. With the right amount of knowledge and guidance, it is indeed possible for anyone to venture out into the world of entrepreneurship.
Gov’t to invest $1.2m in righting athlete wrong
A Cabinet minister yesterday said the Government will invest $1.2m in installing infrastructure to the homes of ten Bahamian Olympic gold medallists.
Cruise port handles ‘record’ six vessels
The Nassau Cruise Port yesterday handled a “record-breaking” six cruise ships that brought some 10,000 passengers to downtown Nassau and other New Providence-based attractions.
Tourism moves on GB airfares
Tourism officials have already reached out to American Airlines over the relatively high airfares that are making Grand Bahama uncompetitive, Tribune Business was told yesterday.
