Govt ‘narrowing’ its $185m revenue gap
The government has narrowed its $185m revenue gap, the deputy prime minister has revealed, as it “keeps a close eye” on its agencies’ spending as the 2018-2019 fiscal year-end looms.
Super Value chief warns on potential paper plant close
Super Value’s principal has warned he may have to close his paper manufacturing plant due to tariff cuts, as he called on the government to outline WTO’s benefits instead of attacking him.
Aircraft registry: ‘Tangible’ progress by year-end 2019
The Bahamas wants “to have something tangible in place” for an aircraft registry by year-end 2019, it was revealed last night, after hiring a leading consultant to give effect to its ambitions.
GB Power owner fears ‘major loss’ if deal reversed
Grand Bahama Power Company’s Canadian owner will suffer “substantial loss and damage” if a prominent QC succeeds in quashing the approvals to buy-out all Bahamian shareholders.
Lucayan managers to ‘very shortly’ get new payout offer
The Grand Lucayan’s managers should “very shortly” receive a new voluntary payout offer following “a productive meeting” last Friday with the minister of tourism.
Bahamas to host major law summit
Thousands of lawyers will be heading to The Bahamas in 2021, as the destination is scheduled to host the Commonwealth Lawyers Conference (CLC).
Landfill takeover a ‘great first step’
A well-known environmentalist activist has hailed the New Providence landfill’s takeover by a local consortium as a “great first step”, while urging the pursuit of a waste-to-energy solution.
BTC expands product line-up
The Bahamas Telecommunications Company (BTC) introduced the Samsung S10 device to its product line-up with an April 11 launch at its Mall at Marathon retail store.
Port closes second grant funding round
The Grand Bahama Port Authority (GBPA) has closed its the second round of its grant funding programme, known as the Capital Arena Initiative, for small businesses and entrepreneurs.
Bahamians attend major conference
Alfred Sears QC, the former attoney general and managing partner of Sears & Co, attended a major conference in Singapore with Sears & Co partner V Moreno Hamilton.
Airport braces itself for record easter volumes
Key stakeholders at Lynden Pindling International Airport (LPIA) are ramping up efforts to manage “double digit” increases in passenger traffic that are expected to peak this Easter weekend.
Chamber backs renwable energy finance discussion
The Bahamas Chamber of Commerce is backing local alternative energy suppliers in their bid to secure renewable project financing from Bahamian commercial banks.
‘Ridiculous’ banks delay $4m Stuart Cove’s plan
The principal of Stuart Cove’s Dive Bahamas yesterday blasted “ridiculous” bank lending attitudes for delaying his firm’s $4m Coral Harbour relocation ahead of his landlord’s anticipated sale.
QC slams ‘below the belt’ claim by GB power owner
A prominent QC yesterday slammed as “below the belt” efforts by Grand Bahama Power Company’s owner to portray him as a “disgruntled” investor trying to extract a higher price for his shares.
Super Value chief’s WTO fears labelled ‘illusion and fiction’
The Bahamas’ chief WTO negotiator yesterday said the concerns expressed by Rupert Roberts are based on “illusion and fiction”, adding: “We are doggedly pursuing the country’s best interest.”
