BISX-listed Fund targeting $1m Financial Centre boost
The BISX-listed Bahamas Property Fund is “looking to grow again” in 2019 through potential acquisitions and rental prospects following a $1.232m “bottom line” turnaround.
BPL executives brush off ‘game plan’ challenge
BAHAMAS Power & Light (BPL) executives yesterday brushed off questions about their “game plan” as they moved to “fast track” the $95m installation of 132 megawatts (MW) in new power generation.
Vacation rental bookings increase 37% for January
The Bahamas maintained its strong tourism performance through January 2019 with total air departures from Nassau and Airbnb bookings both up by “double digits” year-over-year.
Limited payment options hit BPL Out Island clients
BAHAMAS Power & Light’s (BPL) chief executive yesterday conceded that limited payment options may have exacerbated unpaid customer bills in some Family Islands.
BPL Xmas reconnection offer below expectations
BAHAMAS Power & Light’s (BPL) chief executive yesterday said its Christmas reconnection offer had not produced the expected customer response, saying: “We’re not sure exactly why that was.”
Law firm sails off with award
A Bahamian law firm has been honoured as 2019’s Shipping and Maritime Firm of the Year in the Lawyers World awards.
Contractor registrar pledges to get regulation right ‘first time’
The government is moving swiftly to develop the regulations that will underpin the Construction Contractors Act and bring it into force, the contractors’ registrar promised yesterday.
Florida hospital appoints Bahamas representative
Cleveland Clinic Florida, a leading hospital in the Miami-Fort Lauderdale area, has named Shenika Nesbitt as its representative in The Bahamas.
Freeport firm to quadruple ships’ waste reprocessing
A Freeport-based processor of oil and other ships’ waste plans to quadruple its capacity after being selected for financial and technical assistance by the Inter-American Development Bank (IDB).
Privatisation targets wages 99% of income
A key privatisation target’s payroll costs now equal 99 percent of revenues, a Cabinet minister has revealed, as he confirmed: “We’re trying to outsource as many entities as possible.”
Lucayan ‘finalists’, union offer under scrutiny this week
The best bids for the Grand Lucayan, and the government’s voluntary separation offer to its managers, will both be discussed tomorrow as efforts to resolve the resort’s future heat up.
BPL to unveil $95m power plant boost
Bahamas Power & Light (BPL) will today unveil a $95m deal for a major upgrade of its New Providence generation capacity to take effect by summer’s end.
Digital B$ ‘pilot’ ready for 2020
The Central Bank’s governor has revealed that the Family Island communities where it will test the first version of a digital Bahamian dollar will be selected before the end of April 2019.
Fixed light bills urged for small Out Island firms
Family Island commercial leaders have called for small business electricity bills to be fixed amid rising fears over Bahamas Power & Light’s (BPL) imminent mass disconnection exercise.
FOCOL names sixth tanker after Bradley
FOCOL Holdings last week commissioned its sixth tanker at Prince George Wharf, naming the vessel after former company director and Cabinet minister, Bradley Roberts.
