'Adverse’ land ownership not prevented in Freeport
The Bahamian judicial system’s highest court yesterday ruled that acquiring real estate in Freeport by adverse possession is not prevented by the city’s founding treaty, related laws or regulations.
Fears safety reforms set to drive visiting boaters away
Fears have been voiced that new safety measures proposed with the 2025-2026 Budget could prove a deterrent to small boats/yachts and drive them away from visiting The Bahamas.
Financial sector’s economic impact ‘remaining subdued’
The Bahamian financial services industry's economic impact "remains subdued", the Central Bank revealed yesterday, with Bahamian banking jobs falling in 2024 while expatriate numbers increased.
National debt falls to $12bn as bond repurchase put at $700m
The Bahamas' national debt fell back close to the $12bn mark at end-March 2025, it was revealed yesterday, amid suggestions that the Government had refinanced around $700m of its existing bonds.
Reduction in borrowing for new hospital by $22m
The China Export-Import Bank will build and finance 70 percent of New Providence’s new hospital with an updated total borrowing sum of $268m, the health minister revealed yesterday.
MSC ‘accelerating’ Bimini sea arrivals
Chuck Weech, operations manager at MSC’s Ocean Cay said he believe the island has played a “huge role” in accelerating the sea arrivals to Bimini.
Foreign yacht VAT end 'not big enough carrot'
Eliminating VAT on foreign yacht charters by combining it into one 14 percent all-in fee is "not enough of a carrot" to reclaim The Bahamas' lost 40 percent market share, a marina chief is warning.
Pilot shortage fear eased from exam dispute settlement
Bahamian airmen and this nation's aviation regulator have settled their dispute over the newly-mandated 'air law' exam that some feared would spark a pilot shortage and damage the local industry.
'Beef up brand Bahamas' via yacht registry tax cuts
A yacht broker has urged this nation to "beef up brand Bahamas" by cutting charter fees for vessels that register under this country's flag, as he asserted: "Everybody wins."
MP's 'zero confidence' on real estate VAT reversal
An Opposition MP says he has "zero confidence" that the Government is going to make last-minute changes to proposed legal reforms that threaten to throw real estate sales "on their head".
Family Island wholesale visits 'not a witch hunt'
The Government's consumer watchdog on Friday visited several Bahamian wholesalers to investigate claims of expired or damaged goods being shipped to Family Island retailers.
Abaco hotel concern over BPL power woe
Abaco hoteliers are warning that Bahamas Power & Light's (BPL) outdated infrastructure is causing yet another challenge for the island’s tourism sector.
DANIEL FERGUSON: Recalling my mentor in public procurement
Most of you know that my written articles are geared towards sharing knowledge and insights with both my public procurement colleagues and the Bahamian public at large.
Gas retailers hope no 'tremendous' price impact from Middle East war
Bahamian gasoline retailers are hoping to escape any "tremendous” price hike from the impact Israel's conflict with Iran will have on global oil costs.
Water Corp says Long Island woe not as bad as suggested
The Water and Sewerage Corporation has fired back at assertions by Long Island's MP that his constituents lost water supply because of troubles at the island's reverse osmosis plant.
