Eleuthera ‘jewel’ for sale at $15m
A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.
Fishermen praise ‘monumental’ blow to illegal harvesting
Bahamian fishermen have hailed the US prosecution of a Florida Keys man for illegally fishing in this nation’s waters as “monumental” in the fight to safeguard the industry’s sustainability and stocks.
Aircraft fees must defeat ‘dark zone’
The Bahamas must address the Family Island “dark zone” to ensure it collects 100 percent of the fees due to it under the country’s new aviation overflight regime, a Cabinet minister has revealed.
The online food boom
ActivTrades
THE food industry, restaurants and take-out joints, has experienced a tremendous revolution during the last two years.
Activists tell Disney: Show us cruise port ‘a fair deal’
Environmental activists are challenging Disney Cruise Line to show how its Lighthouse Point project is “a fair deal for The Bahamas and people of South Eleuthera” via the economic returns each side gets.
Retailers: Business picking up but not near pre-COVID
Bahamian retailers say business volumes are picking up slightly with Mother’s Day sales providing a further boost.
Businesses demand: Who pays for COVID testing?
Grand Bahama businesses want to know who should pay for the weekly testing of employees who do not take the COVID-19 vaccine, as suggested by the prime minister.
$65m airport expansion: Legal threat ‘no setback’
The government’s top aviation official yesterday said he foresees “no setback” to the $65m North Eleuthera airport expansion despite legal action that is seeking to evict its agencies from that location.
Bahamas ‘playing in a very dangerous space’
The Bahamas is “still playing in a very dangerous space” despite the government’s optimism it will hit its $1.327bn deficit target for 2020-2021, governance reformers warned yesterday.
New BPC chief: ‘It’s our right to extend licence’
The Bahamas Petroleum Company’s (BPC) incoming chief executive yesterday said it was “our right to extend” the company’s four oil exploration licences beyond their end-June 2021 expiration.
Internet banking users jump 31%
The number of Bahamian internet banking users increased by almost 31 percent to breach the 100,000 mark in 2020 as COVID-19 increasingly drove persons to digital transactions.
Don’t let Sand Dollar compete over rates
A former International Monetary Fund (IMF) expert yesterday warned The Bahamas against allowing its Sand Dollar digital currency to compete with the commercial banks on interest rates.
Bahamas told: Focus on ‘transformational travel’
A strategic advisor to Airbnb yesterday reiterated that tourists are looking for “transformational travel” experiences that have the potential to generate life-altering memories.
Baha Mar’s $200m water park eyes July 2 opening
BAHA Mar yesterday confirmed its $200m beachfront water park will open “exclusively” to guests on July 2, 2021, having created 450 direct job opportunities.
Near ‘border line’ over govt debt write-down
The government was yesterday urged to “tread very cautiously” because banks and other institutions are at “the border line” of incurring credit losses on their holdings of its bond debt.
