‘Pulling the rug from under’ our tourism revival
Hotel operators have voiced fears that US quarantine plans will “pull the rug out from under” Bahamian tourism’s revival with several properties already reporting booking cancellations as a result.
BPL targeting $85m from local investors
Bahamas Power & Light’s (BPL) chairman yesterday voiced confidence that local investors will “fully subscribe” for the $85m portion of its upcoming bond issue that will be placed in this nation.
Getting the rules right for a successful sovereign wealth fund
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“Our landscapes connect us to our history; they are the source of our character as a people, as well as our health, our safety and our prosperity. Natural resources enrich us economically, yes. But they also enrich us aesthetically and recreationally and culturally and spiritually.”
Insurers face pressure to drop BPC coverage
An international advocacy group has pledged to pressure Bahamas Petroleum Company's (BPC) insurers to drop the oil explorer as a client after coverage for its first exploratory well was confirmed.
Arbitration boost for local society
The adoption of arbitration and alternative dispute resolution (ADR) measures will have a “positive effect” on Bahamian society, a former Bar Association president believes.
BTC hit by sabotage in North Eleuthera
The Bahamas Telecommunications Company (BTC) has blamed sabotage for causing its mobile and fixed-line subscribers in North Eleuthera to lose communications services for two days last week.
Oil opponents blast fast hearing 'denial'
Oil exploration opponents are arguing that Bahamas Petroleum Company (BPC) is engaging in a "tactical denial" of a speedy hearing after being added as a party to their Judicial Review case.
Hoteliers fear 'drastic' US quarantine effect
A Family Island resort operator says president Joe Biden's quarantine proposal for incoming travellers will help the US but be bad for Bahamian tourism.
Pest control companies in modest business spike
A pest control company says business has increased by 5 percent since the COVID-19 lockdowns started in March 2020.
New corporate centre becomes fully leased
The 25,000 square-foot Cave's Corporate Centre West has been fully leased to three financial services firms, a prominent commercial realtor has confirmed.
Tourism chief: Bahamas 'ahead of curve' on tests
The Bahamas Hotel and Tourism Association's (BHTA) president has voiced optimism that this nation's five-day COVID testing system has put it "ahead of the curve" to meet new US requirements.
Biden’s action ‘simply devastating’ to tourism
A Cabinet minister yesterday warned new US quarantine requirements are “simply devastating” for the Bahamian tourism industry’s rebound, adding: “This keeps us on the edge that much longer.”
BTC retirement offer sparks trade dispute
The Bahamas Telecommunications Company’s (BTC) two unions yesterday revealed they have filed a trade dispute over what the carrier branded “the most generous retirement package in the Caribbean”.
Oil drill opponents hail insurance intervention
Oil exploration opponents yesterday hailed growing international pressure for Bahamas Petroleum Company (BPC) to show it has sufficient insurance to cover any pollution clean-up costs.
Govt to decide Grand Lucayan return ‘shortly’
The Minnis Cabinet will decide “very shortly” whether to act on the Grand Lucayan Board’s plan to re-open the resort on February 1, a Cabinet minister revealed yesterday.
