PM signals Bahamas to escape France blacklist
A US infrastructure provider yesterday announced it has struck an agreement with a government-sponsored entity to monetise The Bahamas’ seagrass carbon assets through issuing its ‘sovereign carbon security’.
US provider in carbon credits Bahamas deal
A US infrastructure provider yesterday announced it has struck an agreement with a government-sponsored entity to monetise The Bahamas’ seagrass carbon assets through issuing its ‘sovereign carbon security’.
'Heads to roll at the highest level'
The Government's labour director yesterday revealed he has called for "heads to roll at the highest level" on a cruise line's private Bahamian island amid claims that several senior staff were terminated.
Ex-FNM chair is receiver for Elliott Lockhart assets
A former FNM chairman and senator is the Supreme Court-appointed receiver charged with selling-off assets owned by an ex-MP and Supreme Court judge in a bid to recover millions of dollars for his alleged victims.
Insurer eyeing $1m profit fall after 2024’s 64% jump
A Bahamian insurer yesterday revealed competitive pressures will likely cause about a $1m drop in 2025 profits in the absence of hurricane payouts following last year’s 64 percent net income increase.
PM hails doubling of GB medical school’s campus
A Grand Bahama-based medical school will “near double” the size of its campus and student enrollment following the signing of its latest agreement with the Government, the Prime Minister is asserting.
Businesses fear ‘nightmare’ over water improvements
Businesses in the Joe Farrington Road area yesterday voiced fears that they will be facing “a nightmare” this summer as a result of Water & Sewerage Corporation infrastructure upgrades valued at around $1m.
Jokers Wild announces final curtain for May 25
An iconic Bahamian comedy and entertainment venue has announced it will bring the curtain down on a long-running 36-year history when it stages its final show at Atlantis on May 25.
South Andros companies ready for banking ‘Plan B’
A South Andros business owner yesterday said companies will have to “go to plan B” once the area’s sole bank cuts operational hours at its Kemp’s Bay branch to just one day per week from Monday.
Bahamas teams with Emirates airline to promote local tourism
A major Middle Eastern airline and the Ministry of Foreign Affairs have signed an agreement to jointly promote tourism to The Bahamas.
Minister blasts back at BOB ‘finger-pointing’
A Cabinet minister yesterday hit back at the Opposition’s leader by asserting that political “partisanship” should not intrude into ensuring Family Island communities have consistent access to banking services.
‘We must see it through’ as Montagu billboards removed
Campaigners hailed yesterday’s clean-up and removal of multiple business billboard advertisements at Fort Montagu Park, but warned: “We have to see it through to its total restoration.”
Labour Department in ‘crisis mode’ after fire
Labour investigators plan to this week visit a private cruise island and another “major” destination to probe worker complaints even though a recent fire has left the Department “in crisis mode”.
Cruise lines target $348m investment at Xanadu site
Royal Caribbean and one of its affiliates have obtained government approval to acquire Freeport’s long-closed Xanadu Beach Hotel and surrounding land as part of a $348m investment, it was revealed yesterday.
Lending stability ‘better than bubble set to burst’
A Bahamian banker last night said “stability is sometimes better than a bubble about to burst” after the Central Bank unveiled double-digit increases for both loan approvals and rejections in the 2024 second half.
