September 10, 2013
Baha Mar's construction.
Stories this photo appears in:
Baha Mar avoids damages on $10m 'credit letter'
Baha Mar has reached a legal settlement that prevents a former hotel partner seeking specific damages against it for trying to draw down a $10 million Letter of Credit, although arbitration proceedings remain alive.
'Minimum' 200,000 visitor boost from gaming reform
The Bahamas will attract a “minimum” 200,000 new tourists annually if the Government adopts all the casino industry’s reform proposals, a senior executive saying: “This is one Bill that can actually grow the economy.”
Construction 'on its knees'
The Government has been urged to mandate that all major foreign direct investment (FDI) projects engage local contractors.
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