Hurricane Hole developer targets 300 full-time posts
Hurricane Hole’s developer says the Paradise Island-based project is projected to create over 300 permanent jobs when its $250m investment is fully completed.
Atlantis appoints Bahamian to head government affairs
ATLANTIS has named a Bahamian executive with more than 20 years’ financial and tourism industry experience as its senior vice-president of government affairs and special projects.
PM urges US judge: End pursuit of web shop boss
The Prime Minister has urged a US judge to end the federal authorities’ pursuit of Island Luck’s co-founder, writing: “I strongly advocate termination of proceedings against Mr Adrian Fox.”
Christmas ‘make or break’ for local retail
A Bahamas Federation of Retailers co-chair yesterday warned the upcoming Christmas season will be “make or break” for many merchants still grappling with the COVID-19 pandemic’s devastating economic fall-out.
Ships’ waste processor in $15m Freeport facility
A Freeport-based processor of ships’ liquid waste is planning to invest $15m in constructing a plant capable of treating 150,000 metric tonnes per year, it has been revealed.
Davis Gov’t told: ‘Take leap over Freeport’s Holy Grail’
An outspoken QC yesterday urged the newly-elected Davis administration to “take the leap” its predecessor did not and “open the floodgates” to realising Freeport’s “holy grail” as The Bahamas’ economic saviour.
Companies urged: ‘Follow law’ on COVID-19 testing
The Chamber of Commerce’s labour specialist yesterday urged all Bahamian employers to “follow the law” and not force unvaccinated workers to pay for their weekly COVID tests until the matter was resolved.
RBC: $20 ATM halt part of digital drive
A senior Royal Bank of Canada (RBC) executive yesterday confirmed it has stopped issuing $20 notes through its automated teller machines (ATMs) as part of efforts to drive Bahamians towards digital banking.
Goldwynn targets $160m sales amid ‘non-stop’ buyer inquiries
The Wynn Group yesterday said the “phones are ringing non-stop” with buyer inquiries on its Goodman’s Bay project as it targets $160m in total sales at full build-out.
Barbers hail return of their ‘15% day’
Barbers and beauticians yesterday hailed the easing of COVID-19 restrictions that will enable them to open on Sundays as that day traditionally accounted for 15 percent of their weekly revenues.
Davis Gov’t ‘decider if we sink or swim’
The Davis administration’s actions will “be the decider as to whether this country sinks or swims” amid its ongoing COVID-related health, economic and fiscal crises, a governance reformer argued yesterday.
‘Keep politics out of contract review’
A governance reformer yesterday urged the Davis administration to keep politics out of its contract and promotion reviews, adding: “It’s so critical that’s looked at with the most objective eye”.
Bank chief pushes back on imminent debt default
A prominent banker yesterday said there are no signs the international capital markets agree with a Caribbean economist that a Bahamian sovereign debt default is imminent.
Gov’t opens up Sunday trading
The Davis administration last night further re-opened the Bahamian economy by abolishing the restriction that prevented construction and retail businesses from working on Sundays.
Gov’t intervention sought on Atlantis COVID testing
The hotel union last night said it has referred Atlantis’ plan to make all unvaccinated staff pay for weekly COVID-19 tests from tomorrow to the Department of Labour as it seeks the Government’s intervention.
