$200m building cost for LNG terminal
Senator Ryan Pinder said a new liquefied natural gas (LNG) terminal will be a joint venture between FOCOL and Shell, with construction of the first and second phase to amount to just under $200m.
Young athletes break records on day one
Athletes delivered standout performances on day one of the 2025 Bahamas National High School Track and Field Championships at the original Thomas A Robinson Stadium.
Treasure Cay buyer in $60m equity raise
The buyer for Abaco’s Treasure Cay resort is seeking to raise its target $65m equity capital from other investors while only committing $5m of its own funds, documents have revealed.
Gov’t targets $866m slash to Bahamas’ national debt
The Government is predicting it will slash its direct debt by $866m during the three fiscal years to end-June 2028 as a result of generating three consecutive annual fiscal surpluses.
Opening bank accounts likened to ‘pulling teeth’
Businessmen yesterday voiced scepticism that 99 percent of new bank account applications are approved - often “in less than a week” - as they described the process as akin to “pulling teeth”.
No ‘cry wolf’ over US growth slash
A senior tourism executive yesterday asserted he is “not prepared to cry wolf or suggest doomsday has dawned” yet after the Federal Reserve slashed US economic growth forecasts through 2027.
DIR home VAT refunds ‘a farce’
THE Department of Inland Revenue’s (DIR) VAT refunds as part of its first home construction and renovation programme is a “farce”, according to one frustrated Bahamian.
Minnis: What is govt stake in Bahamas Moorings?
Former Prime Minister Dr Hubert Minnis yesterday pushed for more information about the government’s stake in Bahamas Moorings Limited.
‘Myth from reality’: 99% of account requests approved
The first-ever survey on the ease of opening a Bahamian bank account will separate “myths from realities” with more than 99 percent of applications approved in often “less than a week”.
Rubis gets final appeal on $159k gas leak damages
Rubis (Bahamas) bid to overturn a $159,450 damages award after fuel leaks from one of its gas stations contaminated a Marathon resident’s home was yesterday cleared to proceed to a final appeal hearing.
LPIA’s ‘unusual delays’ as flights three times longer
Airlines yesterday warned travellers to brace for flights to take up to three times’ longer than normal due to “unusual delays” caused by ongoing runway repairs at The Bahamas’ major airport.
‘Opportunity for Freeport’ in fines from US ports
USING Freeport Container Port’s strategic location to receive cargo from global suppliers seeking to avoid any additional fees at US Ports would provide an opportunity to finally help the island reach its shipping potential, according to Dillon Knowles, Grand Bahama’s Chamber of Commerce president.
Treasure Cay developer names Caribbean chief
Treasure Cay’s purchaser has named Steve Griggs as development manager of its Caribbean division, which will oversee daily operations and its regional growth and expansion plans.
‘More Bahamian experiences’ needed to make most of visitors
A STEADY stream of cruise passengers has seen numbers exceed those before the pandemic, according to a Bay Street businessman.
GBPA renews initiative to drive tech skills, careers
The Grand Bahama Port Authority (GBPA) has unveiled a paid remote internship initiative to build skills and careers for Bahamians in industries such as cyber security, artificial intelligence (AI) and data science.
