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$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim
The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.
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Albany chief faces ‘largest insider trading’ fine for decade at $50m
THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.
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PM: Housing initiative not ‘one-off’ exercise
The prime minister yesterday pledged that the government’s efforts to make home ownership more affordable for Bahamians will not be a “one-off endeavour” that lacks a coherent strategy.
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McAlpine: 'Agenda' behind negative feedback on Dominica stance
PINERIDGE MP Rev Fredrick McAlpine yesterday suggested that negative feedback directed at him for his critical stance on the government's proposed aid for Dominica, was due to "another agenda at play".
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'Phenomenal': Carnival's extra $100m to drive 5.5m GB cruise tourism surge
Carnival's extra $100m investment to double the volume of ships its new port can handle will lead a cruise-driven 5.5m visitor surge to Grand Bahama in 2028, it was revealed yesterday.
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FACE TO FACE: My father, the hero
WHEN I was 14 years old, I had the opportunity to participate in the filming of a Hollywood movie right here in Nassau. Gerard Depardieu was the main actor – a French father who took his daughter, played by Katherine Heigl, on vacation to The Bahamas
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Cable TV price rise ‘sets bad precedent’
The Opposition’s deputy leader yesterday described Cable Bahamas’ recently-approved 27 per cent basic pay-TV price increase as “extremely generous”, arguing: “It sets a bad precedent.”
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Generators to arrive at BEC - but Miller not sure if they are enough
THE first set of rental generators secured for the Bahamas Electricity Corporation will arrive this week, reducing the chance of blackouts during the summer months, according to BEC Executive Chairman Leslie Miller.
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Commissioner of police emphatic that crime is down
EMPHASISING that “crime is down” in many categories, Police Commissioner Ellison Greenslade yesterday praised the government’s recent efforts to increase requirements for applicants seeking bail.
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Maycock to appeal to Privy Council
MELVIN Maycock Sr was granted leave to go to the Privy Council to contest the Court of Appeal’s rejection of his application that questioned its jurisdiction in varying a sentence originally imposed on him from the Magistrate’s Court.
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Aviation exec warns fee increases will make domestic travel ‘prohibitive’
A well-known Bahamian airline executive yesterday warned that fee increases being proposed by the Nassau Airport Development Company (NAD) would make domestic air travel “prohibitive”, describing such increases as an “obstacle” to Family Island development.
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Aviation exec calls 'underground sector' into question
A well-known Bahamian airline executive has questioned whether the government was effectively trying to put domestic carriers out of business by allowing what he labelled as an “underground aviation sector” to exist.
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Home rental regulation
Permit me space in your newspaper to comment on the proposed Tourism Development Corporation of the Bahamas Bill which I understand was pulled from the House today.
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Traditional finance providers have ‘duty’ to embrace crypto
Deltec Bank & Trust’s chairman yesterday asserted that traditional financial services providers have a “duty” to help innovators in the digital assets and crypto currency space.
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URCA to look into complaints as channels vanish
THE Utilities Regulation & Competition Authority (URCA) said yesterday it is looking into RevCable Bahamas’s recent channel line-up change which has left many of the company’s customers irate.
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Taxi union says minister is missing in action
WESLEY Ferguson, president of the Bahamas Taxi Cab Union, said yesterday that union members are still awaiting correspondence from the Ministry of Transport and Housing on the issue of the regulation of taxi plates.
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PM tours site of care unit
PRIME Minister Hubert Ingraham toured the site of the new Critical Care Unit that is currently under construction at the Princess Margaret Hospital yesterday.
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'Delaying naming of election date is hurting the Bahamas'
PRIME Minister Hubert Ingraham's decision to prolong the suspense surrounding the date of elections is damaging the Bahamas, DNA leader Branville McCartney said.
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PM on public disclosures: 'I made my deadline'
PRIME Minister Philip “Brave” Davis was tightlipped today over whether members of the governing party filed their public disclosures on or before the March 1 deadline as mandated under the Public Disclosure Act.
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North Andros ‘10,000 jobs’ proposal
A US-based billionaire is behind a proposed North Andros “free trade zone” that aims to create up to 10,000 construction jobs over the project’s lifetime, it was revealed last night.
