Port chief hits back on ‘chill’ at Lucayan
The Grand Bahama Port Authority’s (GBPA) president yesterday slammed as “disingenuous” the attack on its water provider subsidiary by the Grand Lucayan’s chairman.
Customs assurances ‘win-win’ for everyone
Grand Bahama’s Chamber of Commerce president hailed yesterday’s meeting with Customs as “a win-win for everyone” after it pledged not to violate Freeport’s founding treaty or existing court orders.
Super Value fighting price hikes ‘as long as we can’
Super Value’s president yesterday pledged to hold-off food price increases as long as possible, but reiterated that eight to ten percent rises by Christmas “is not a prediction but a fact”.
Policy reforms need for $200m IDB guarantee
The Bahamas must implement several policy reforms to develop its “blue economy” in return for obtaining a $200m guarantee that will underwrite the government’s planned $700m foreign currency bond.
HUBERT EDWARDS: A matter of life and debt
In the final of a four-part series, Hubert Edwards says The Bahamas has much to do in developing a growth platform to pay down its debt . . .
Farmers, fishermen place hopes on Govt insurance
Farmers yesterday said they are pinning their hopes on government-led insurance schemes to aid the sector’s recovery from future hurricanes because private companies “wouldn’t even entertain” the concept.
Pintard talks with world kitchen
A Bahamian Cabinet minister was among the featured speakers at a seminar that focused on strengthening food and agriculture resilience in the wider Caribbean region.
Grand Lucayan feels the ‘chill’ with no A/C
The Grand Lucayan’s chairman yesterday blamed the resort’s recent closure to overnight guests on an inferior water supply that “rotted our chillers” and left it without air conditioning.
Austerity measures inevitable whoever wins next election
A former finance minister yesterday argued that the next government will have no choice but to impose austerity measures as the prime minister branded tax increase claims “a flat out lie”.
GB Chamber chief eyes Customs ‘compromise’
Grand Bahama’s Chamber of Commerce president yesterday voiced optimism that “a compromise” can be reached via the partial implementation of Customs’ Click2Clear system prior to the September 1 target.
Auto dealers take ‘blows all around’
The Bahamas Motor Dealers Association’s (BMDA) president yesterday said the industry is taking “hits all around” with his own new vehicle inventories now just 25 percent of pre-pandemic levels.
Minister unaware of CCA’s reported Pointe, Hilton sale
A Cabinet minister yesterday said he was unaware that China Construction America (CCA) had any plans to sell its $200m Pointe project and the adjacent British Colonial Hilton.
A matter of life and debt
In the third of a four-part series, Hubert Edwards warns that in the absence of greater growth The Bahamas will be borrowing for some time to come . . .
‘Nowhere to go’ on climate woe
A leading environmentalist yesterday urged The Bahamas to confront the impact of climate change head on, adding that it needs to address the potential impact “sooner rather than later”.
Property tax amnesty gains ‘north of $27m’
The Government has reeled in “north of $27m” via its ongoing real property tax amnesty, a top official has revealed, with calls from additional delinquents for more time prompting a three-month extension.
