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Hilton's owners awaiting Chinese state firm's bid

The British Colonial Hilton’s owners were yesterday said to be awaiting a formal purchase offer for the resort from the Chinese-state owned construction company currently building Baha Mar’s $2.6 billion expansion.

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Fashion students gear up for Miss Bahamas Contest

For the second consecutive year, fashion design students and alumni of the Bahamas Technical and Vocational Institution (BTVI) will be creating designs for the Miss Bahamas Organisation’s (MBO) Top Model and Designer showcase competition.

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YOUR SAY: Abandoned homes near treatment plant

IN THE basin that surrounds the Chesapeake Waste Water Treatment Plant sit ten residences and two incomplete structures, all mostly duplexes.

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Port: Freeport deal reached with Gov’t

The Grand Bahama Port Authority (GBPA) yesterday said it had reached agreement with the Government and key licensees on a deal to bring “ significant growth and job creation to Freeport”.

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Port accused of ‘total abdication’ via MoU signing

A Freeport-based QC yesterday accused the Grand Bahama Port Authority (GBPA) of “complete abdication” of its regulatory and developmental obligations as a result of its agreement with the Government.

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PM cuts 2016 GDP growth to just 0.5%

Prime Minister Perry Christie yesterday slashed a full percentage point off the Bahamas’ projected economic growth for 2016, cutting real GDP expansion estimates to just 0.5 per cent.

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Insurers dismiss VAT Act ‘misinterpretation’

BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.

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Bahamasair suspends flights to Haiti’s capital

Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.

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Gas station operator’s relief faith ‘now 120%’

A gas station operator yesterday said his faith was now “120 percent” restored over the Government’s intention to provide relief for the sector’s plight following Monday’s meeting with the Prime Minister.

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Back to school for PM as Class of '68 hands over donation

PRIME Minister Philip "Brave" Davis returned to his school days with a visit to St John's College, as the school received a donation of $160,000 on Friday from its class of 1968.

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'Giant boost' as $600m transformational project launched at Grand Bahama Shipyard

A $600m transformational project, which will include two of the largest dry docks in the world, was launched at the Grand Bahama Shipyard on Friday, and was said to be a “giant boost” to the island’s economy, tourism and employment.

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DEMOLITION GOES ON DESPITE SHANTY FIRE: No casualties reported but cause of blaze is still being investigated

DEMOLITION of the Kool Acres community will still proceed today despite the blaze that tore through the shanty town on Saturday engulfing more than 70 homes and destroying numerous belongings and personal items.

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Crawfish oversupply to hit local fishermen

A Bahamian seafood processor yesterday confirmed that a global over-supply of lobster is driving relatively low prices for local fishermen at the opening of crawfish season.

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Trade Policy ‘won’t be Nassau centric’

The Bahamas Trade Commission’s chairman has pledged that the country’s national trade policy will not be “Nassau centric” as it seeks to complete consultation on the initiative by month’s end.

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VAT lift on power bill ‘insignificant’

FREE National Movement leader Michael Pintard said the government’s amendment to the Value Added Tax Bill to increase the VAT-free ceiling on Bahamas Power and Light bills from $300 to $400 is “insignificant”.

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Lyford Cay condo developer to move on ‘final approval’

The developer behind a controversial Lyford Cay condominium project yesterday said it will move forward to obtain “final approval” despite planning authorities requiring that the number of units be slashed by 30 percent.

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INSIGHT: What lessons will be learned from Exuma diesel spill?

THE diesel spill at the Old Navy Base cove last week turned all eyes on Exuma – and once more brought the discussion about how well we are protecting our environment to the fore.

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$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts

PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.

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Gov’t to cut foreign debt portion in half

The Government is aiming to slash the portion of its debt held in foreign currency by more than 50 percent, a Cabinet minister said yesterday, as he reaffirmed the key components of its liability management strategy.

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Bahamas suffers loss to Dominican Republic

SENIOR MEN’S NATIONAL BASKETBALL TEAM IN FIBA WORLD CUP 2023 AMERICAS QUALIFIERS

Chavano “Buddy” Hield put on a show playing in front of the home crowd for the first time as a pro, but a fourth quarter rally from Team Bahamas fell just short as they lost the final game in the third window of FIBA World Cup 2023 Americas Qualifying opening round play.