Sarkis wins bid for ‘examiner’ of CCA
Sarkis Izmirlian’s bid to have an independent examiner investigate the business affairs of Baha Mar’s main contractor has been approved by the New Jersey federal bankruptcy court.
MP’s Old Bahama Bay closure fears refuted
The Old Bahama Bay resort is not closing but is instead poised to undergo a change in operational and management control, Tribune Business confirmed yesterday.
New boating portal close following four-year wait
The Association of Bahamas Marinas (ABM) president yesterday asserted that the planned June 2025 roll-out of the Port Department’s new online portal, inclusive of fee payments, “is not a celebration”.
Minister: GBPA ‘holding up progress in own city’
A Cabinet minister yesterday accused the Grand Bahama Port Authority (GBPA) of “holding up progress in its own city’ by delaying the International Bazaar deal over $1.5m in allegedly outstanding fees.
Upgrades to Marsh Harbour shipping port ‘to begin soon’
TRANSPORT Minister JoBeth Coleby-Davis announced yesterday that long-awaited upgrades to Abaco’s shipping port in Marsh Harbour will soon begin, with a Bahamian company selected by US partners to restore the transhipment port.
‘Thwarted’ Treasure Cay buyer targeting new developer’s deal
A “thwarted” buyer of Abaco’s Treasure Cay development is seeking to obtain evidence from its new developer to aid his pursuit of multi-million dollar lawsuits against both the former owner and the Government.
Parties clash over claims of busting deficit
The Prime Minister and Opposition’s finance spokesman yesterday clashed over assertions the Davis administration has never “bust” its deficit and other Budget targets and will not do so in 2024-2025.
Construction firms go global in hunt for cheaper materials
IN the wake of tariffs imposed by US President Donald Trump, construction companies in The Bahamas are hoping an upcoming trip to India will help to obtain affordable materials.
‘Nearly two-thirds of household BPL bills under $125 in January’
Minister of Energy and Transport JoBeth Coleby Davis said yesterday that 62 percent of residential consumers received bills under $125 in January.
Students angry at delays in payments from govt
UB students are prepared to “act as necessary” if they don’t see a change, following the Student Government Association’s (SGA) call for transparency and a more proactive approach to delayed payments.
KEITH ROYE II: Getting a gig aided by advancing technology
The way we work is undergoing a seismic shift. Traditional 9am to 5pm jobs are no longer the only path to professional success.
Tourism targets European business at travel summit
The Ministry of Tourism, Investments & Aviation has teamed with private sector partners in a bid to generate increased tourism business from the European market.
Fidelity teams with MasterCard for small business card solution
Fidelity Bank (Bahamas) has teamed with MasterCard to develop a credit card tailored specifically to meet the needs of local entrepreneurs and small businesses.
Deltec demands $33m ‘stolen’ funds damages
A Bahamian bank and trust company is demanding “no less than $33m” in damages from a global payments provider after the latter “unlawfully withheld” more than $18m funds belonging to it.
Uncertainty if GB assets in Hutchison’s global port exit
Uncertainty prevailed last night over whether the Freeport Container Port and 50 percent ownership in the Freeport Harbour Company are included in CK Hutchison Holdings’ multi-billion dollar global ports deal.
