Local Business

$17m resort ready to advance first phase

THE $75m Turtlegrass Resort and Island Club (TGR) on Sampson Cay, Exuma, is advancing with its $17m first phase, which will focus on installing necessary infrastructure.

Bowe: You can’t have two-tier bank system

Gowon Bowe, chairman of the Clearing Banks Association, voiced reservations about the proposed corporate minimum tax, suggesting it could lead to an inequitable two-tier banking system.

Fears of ‘out of control’ prescription drug costs

CONCERNS have been raised about the rising cost of pharmaceuticals.

Chamber chief supports corporate minimum tax

AN employers group leader has endorsed the proposed corporation minimum tax after the government released a white paper for consultation.

Grant programme helps 83 women

Bahamas Accelerator Small Business Development Centre held a press conference yesterday to award recipients of the 2024 Women Entrepreneurs Initiative, giving over $600,000 worth of grants to 83 women, including those on the Family Islands.

WSC responds after Eleuthera protest

THE Water and Sewerage Company (WSC) yesterday said the utitity is working to improve its service to Eleuthera residents.

Pintard: Govt ‘must be transparent’ on spending

THE government must be more transparent about its spending, said Opposition leader Michael Pintard yesterday, saying that the FNM will not support any “additional revenue measure” until the Davis administration fully implements the Freedom of Information Act and abides by the Public Procurement Act.

Stores and shelters ready for demand in case of hurricane

WITH what meteorologists have termed “an active hurricane season”, residents, hardware stores and hurricane shelters have been gearing up in preparation for any possible weather disturbances.

GB ‘had enough’ of rising costs

RESIDENTS in Grand Bahama have “had enough” of rising costs on the island, especially with the island’s economy not being as “robust” as anticipated, according to the local chamber of commerce president.

No faith in BPL and govt from Eleuthera residents

ELEUTHERANS have no faith in promises made by BPL and the government in regards to a 50 percent power rebate and additional generation being added to the island’s supply.

Local supply for Carnivale restaurant

LOCALLY caught seafood is a key part of the menu for the upcoming Carnivale restaurant on Paradise Island, with a collaboration with Bahamian suppliers and a commitment to sustainable fishing.

Eleuthera residents to get 50% power rebate

Eleuthera residents are to receive a 50 percent rebate to compensate for the electricity woes suffered on the island.

Container shortage hits uniform supplies

Merchants supplying the public with uniforms this year have been faced with numerous challenges in receiving products, including a delay in their shipments.