$177m Treasure Cay deal ‘day of joy’ for community
Treasure Cay business and second home owners have hailed the $177m investment that promises to revive the community as “a day of joy” after multiple previous deals fell through.
GB Power ‘out the woods’ on outages by next week
Grand Bahama Power Company’s top executive last night voiced optimism it will be “out of the woods” by next week as he revealed: “We’re trying to thread the needle between reliability and affordability.”
Petroleum retailing ‘dead end’ business
Virtually all gas station operators are aged over 50 because the industry is viewed as a “dead end” business where entrepreneurs cannot earn a profit, their Association president is asserting.
Ex-MP: Eleuthera’s water ‘never this bad’ under me
A furious political row erupted yesterday over Eleuthera’s water and electricity woes after one of the island’s former FNM MPs insisted it was “never ever this bad” under the Minnis administration.
Gov’t to be ‘more rigorous’ on investor accountability
The Government will be “more rigorous” in holding investors behind the $9bn worth of investment projects approved since the Davis administration took office “accountable”, it was revealed yesterday.
Settlement offered on Balmoral condo-hotel
Homeowners in a high-end western New Providence gated community have 14 days in which to accept a “settlement” offer over plans to develop a $25m condo hotel within its grounds.
DPM targets hotel room doubling to drive growth
The deputy prime minister yesterday reaffirmed his ambition to double The Bahamas’ hotel room inventory to 30,000 within seven years and overcome capacity woes that are “constraining growth”.
Methods to promote sustainable tourism
Sustainable development for a tourism-dependent nation such as The Bahamas requires that we focus attention on environmental, socio-cultural and economic stewardship.
Contractor overturns $520k ruling despite admitting work ‘breaches’
A Bahamian contractor has successfully overturned a $520,000 default judgment despite admitting he “breached the agreement to complete certain works” at a high-end West Bay Street property.
AML slashes energy costs 50% in latest solar switch
AML Foods says its latest store converted to solar has slashed energy costs by up to 50 percent as it warned that continued cost pressures will challenge the food distribution sector’s “long-term viability”
‘Casino’ part of $200m Walker’s Cay expansion
Walker’s Cay is set to undergo a $200m phase two expansion set to provide jobs for over 300 Bahamians, it was revealed yesterday, with “a Monte Carlo-style casino” among the latest attractions.
$177m HOA signed for Treasure Cay development
The proposed $177m revival of Abaco’s Treasure Cay development was yesterday hailed as a “win-win all the way around” and greeted with shouts of “hallelujah” by the island’s Chamber president.
Gas dealers to protest as Parliament returns
Bahamian petroleum retailers will be on Bay Street to protest the Government’s “unconscionable” failure to approve a margin increase vital to their survival when Parliament resumes next Wednesday.
Hospital’s ‘cutting edge’ growth set to enhance medical tourism
No objections were raised at Monday night’s public consultation to Lyford Cay Hospital’s proposed expansion through the addition of services “that are a bit more cutting edge”.
Cat Island water deal part of $190m investment plan
The Prime Minister yesterday said a $7m deal with a BISX-listed firm for two new Cat Island reverse osmosis plants is part of a wider $190m investment in nationwide water and sanitation infrastructure.
