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Activists slam BPC director as 'downright wrong' on oil

Environmental activists yesterday said a Bahamas Petroleum Company (BPC) director's criticism of legal efforts to halt its oil exploration plans as "downright wrong" and "a false equivalence".

Scotiabank in branch closure over COVID

Scotiabank Bahamas yesterday announced the temporary closure of its Nicholl’s Town branch in Andros following the confirmation of a COVID-19 case among its staff.

Abaco resorts: 'We must know what we're facing'

Abaco resorts yesterday called for more clarity around the COVID-19 travel protocols as they seek to rebound from the combined devastation of Hurricane Dorian and the global pandemic.

Fisheries to 'thrive for generations' due to Bill

A major fisheries group yesterday threw its support behind the recently-tabled Fisheries Bill 2020, hailing it as “comprehensive” and for bringing a “fair and balanced approach” to the industry.

Three-generation retailer to shutter

A 74 year-old Bahamian retailer that has remained in the same family for three generations yesterday confirmed it plans to close in the New Year once all existing inventory is sold-off.

Tourism operators seek oil exploration 'pull back'

Water-based tourism operators yesterday voiced optimism that the threat of legal action will force the Government to "pull back" on oil exploration with some revealing it has already cost them business.

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BPC director blasts 'preposterous' action

A Bahamas Petroleum Company (BPC) director yesterday slammed "preposterous" environmental activists for seeking to block this nation from discovering whether it has natural resources to exploit.

Local cruise port buy-in when 'we have something to show'

Bahamians will get the opportunity to own a piece of Nassau's new $268m cruise port in the 2021 second quarter once tangible progress is made on its redevelopment, it was disclosed yesterday.

Local cruise port buy-in when 'we have something to show'

Bahamians will get the opportunity to own a piece of Nassau's new $268m cruise port in the 2021 second quarter once tangible progress is made on its redevelopment, it was disclosed yesterday.

Cruise port poised for berth expansion

Nassau Cruise Port is poised to begin the expansion of key vessel berths as it revealed yesterday that demolition of the former Festival Place welcome centre is now 90 percent complete.

Bahamas services exports shrink by 26% in 2020 Q1

The Bahamas suffered a 25.9 percent year-over-year contraction in its 2020 first quarter services exports as the COVID-19 pandemic took hold, it was revealed yesterday.

COVID blamed over fiscal strategy delay

The Prime Minister blamed the COVID-19 pandemic's "fluid nature" for the Government's failure to meet yesterday's deadline for tabling the annual Fiscal Strategy Report in Parliament.

COVID blamed over fiscal strategy delay

The Prime Minister blamed the COVID-19 pandemic's "fluid nature" for the Government's failure to meet yesterday's deadline for tabling the annual Fiscal Strategy Report in Parliament.

$16.5m recovery boost for Gulf Union creditors

Depositors and creditors of a long-collapsed Bahamian bank may receive an unexpected late windfall through a potential near-$16.5m increase in asset recoveries.

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Oil explorer: 'We will pay double required royalties'

A Bahamas-based oil explorer yesterday said it will "pay double the royalties that the law provides for" to the Government should it strike success when exploratory drilling starts in less than a month.