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.
Governor: Anti-financial crime fight critical to nation's stability
The Central Bank’s governor yesterday said international standards, data-driven strategies and cross-border co-operation are critical to The Bahamas’ fight against financial crime.
VAT cut ‘goes against grain’ of food security
A Bahamian agricultural entrepreneur last night warned that the Government’s elimination of VAT on unprepared foods will “go against the grain” of improving national food security, import substitution and growing more produce locally unless accompanied by similar tax relief for local farmers.
Public hospitals in overtime control as budget ‘exhausted’
The Public Hospitals Authority (PHA) has imposed strict payment controls “to preserve funding for urgent priorities” after “exhausting” its overtime budget within just three months of the current 2025-2026 fiscal year.
Bahamas can’t afford to not be ‘financial crime fighter’
The Attorney General yesterday signalled that “the cost of not being a fighter” in complying with global anti-financial crime standards outweighs “the burden” imposed on small jurisdictions such as The Bahamas in meeting these benchmarks.
$200m resort objectors fearing hearing ‘fundamentally flawed’
Opponents of the $200m Rosewood Exuma resort project yesterday voiced concern that the public planning consultation over its application for site plan approval risks being “fundamentally flawed”.
IAN FERGUSON: Companies revamp staff benefits for modern age
As the global workplace evolves, companies in The Bahamas are stepping boldly into 2026 with compensation packages that go far beyond salary alone.
Governance reformer concern over Development Plan’s Bill
Governance reformers yesterday asserted it is “critical” that legislation giving the National Development Plan (NDP) legal effect minimises political interference to the greatest possible extent while voicing concerns about lack of civil society representation.
Realtors: 2026 ‘super promising’ amid tax residency, fee concern
Bahamian realtors believe 2026 is “super promising”, with one predicting a 25 percent increase in business volumes for his firm despite concerns over a potential increase in legal fees and the continued wait for tax residency certificates to launch.
‘Governing in the dark’ over food VAT removal
The Opposition’s finance spokesman yesterday sparked a full-blown House of Assembly row when accused the Davis administration of “governing in the dark” by failing to publicly disclose the data justifying the elimination of VAT on unprepared foods.
Gov’t plans $30m investment on 147-unit affordable homes
The Government is planning to invest $30m in developing a new 147-home affordable housing subdivision called Premier Estates 1 in New Providence’s Perpall Tract district, it has been revealed.
PM defends Gov’t on travel spending
The Prime Minister yesterday defended his administration’s spending on travel as positioning The Bahamas on the world stage and permitting the country to influence key international initiatives, including climate change and financial reform.
Union executive challenges BAIC over written warning
A trade union executive yesterday challenged whether the Bahamas Agricultural and Industrial Corporation (BAIC) had breached the Industrial Relations Act over a final written warning she was issued over alleged confidentiality breaches.
BTC union makes offer to resolve terminations
The union representing Bahamas Telecommunications Company (BTC) line staff yesterday said it has made an offer to resolve the dispute over five recently-terminated workers, three of whom are its members, and is waiting for the carrier to respond with a counter-offer.
