‘Never in a million years’: Resort, advisers deny link to DPM smear
An Exuma resort developer and its advisers yesterday denied any involvement with videos that the Deputy Prime Minister asserted have defamed him and plan to file police complaints themselves.
Polymers: Trump tariff ‘not going to come to’ Freeport departure
Polymers International’s top executive yesterday asserted “it’s not going to come to that” when asked if the new US 10 percent tariff on Bahamian exports, plus the Chinese ship fee, could end its presence in Freeport.
Deputy PM hits out at AI video’s Rosewood claims
Deputy Prime Minister Chester Cooper yesterday spoke out against the “paid agents hiding behind lies and digital anonymity” that circulated videos “riddled with outright lies and intentional distortions”.
Free wi-fi on public transport thanks to new BTC venture
FREE wi-fi is to be provided on public transport thanks to a partnership between BTC and AD-FI.
‘We’ll change hotel locks’ if Labour delays further
The Old Bahama Bay resort’s management takeover was yesterday said to be “in a holding pattern” amid calls for ministerial intervention to resolve the labour-related issues causing delay.
‘Make mining majority owned by Bahamians’
The Opposition’s finance spokesman yesterday urged the Government to mandate that mining and extractive industries ventures be majority-owned by Bahamians.
Merchant surprise as sweets and sugary drinks not included in VAT cut
A Cabinet minister yesterday hailed the decision not to give candy and sugary drinks a 50 percent VAT rate cut despite the initial confusion this caused for food store merchants.
Insurer: 95% of customers to see no property increase
A Bahamian insurer says 95 percent of its clients will suffer no increase in their property coverage premiums for 2025 amid hopes prices may reduce finally reduce next year if global losses stay below $110bn.
Merchant surprise as candy, sugary drinks not in VAT cut
A Cabinet minister yesterday hailed the decision not to give candy and sugary drinks a 50 percent VAT rate cut despite the initial confusion this caused for food store merchants.
‘Virtually impossible’ for GBPA to act as independent regulator
A Supreme Court judge has ruled it is virtually impossible for the Grand Bahama Port Authority (GBPA) to act as independent regulator for the water monopoly it owns as he backed the need for third-party oversight.
Opposition: ‘No $183m roadworks’ in west GB
The Opposition’s chairman yesterday demanded that a contract to overhaul west Grand Bahama’s roads be “terminated” by the Government, adding: “I don’t believe there’s $183m worth of roadworks there.”
Price inspectors eye VAT rate compliance
Price inspectors from the Consumer Affairs Unit yesterday conducted multiple store visits to ensure merchants are n compliance with the new 5 percent VAT rate on foods sold in grocery stores, convenience stores and service stations.
Balmoral Club submits new condo hotel plan
The Balmoral Club has submitted a revised application to the Town Planning Committee seeking approval for a six-storey condo hotel at its Sanford Drive location.
Colina’s shareholder profits rise by 21.4%
Colina Holdings (Bahamas) has hailed “exceptional investment returns” and improvements across all business segments for driving a near-$7m, or 21.4 percent, increase in ordinary shareholder profits for 2024.
Registrar General unveils 10% late filing fee waiver
The Registrar General’s Department yesterday unveiled a three-month waiver of the 10 percent penalty for late company registrations submitted through its new online portal.
