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Residents ‘won’t let guard down’ on hotel expansion

Residents in Tropical Gardens and Gambier Heights yesterday pledged they will “not let our guard down” even though a controversial planning application has been placed in the “pending file”.

Royal Caribbean: ‘We’re exploring future projects’

Royal Caribbean Cruise Lines yesterday confirmed it “continues to explore future projects” with its interest in acquiring Freeport’s Xanadu hotel hailed as a move that can attract other investors.

Climate change loss fund couldn’t even cover Dorian

A Bahamian environmental advocate yesterday said there is “no way” that the $700m pledged thus far to the climate change ‘loss and damage’ fund is sufficient to even cover this nation’s needs.

Central Bank: 1,250% digital asset capital not ‘excessive’

The Central Bank yesterday rejected assertions it is being “excessive” in requiring licensees to hold 12.5 times’ the amount of capital involved to back trades of non-stablecoin digital assets.

Fourteen Clubs Golf Academy ends the year on a high note

THE Fourteen Clubs Golf Academy closed out the year on a high note with a drive, chip and putt end-of-year celebration at the Bahamas Golf Federation’s practice facility on Saturday.

Event planners enjoy uptick for Christmas

Event planners yesterday said they are “really busy” for the upcoming Christmas season due to corporate clients sponsoring multiple activities.

Poor utilities spark bad tourist reviews

A Family Island hotelier says poor utility services have resulted in negative guest reviews of their Bahamian vacation experience.

PETER YOUNG: UK COVID inquiry - useful or pointless?

THE British government’s public inquiry in to the COVID-19 pandemic is now under way. Local reaction so far has been mixed. Critics are calling it a total waste of time and money that will end up as an “appalling establishment sham”. But others believe it is essential to conduct a comprehensive examination of what happened in order to identify and take account of policy failures.

EDITORIAL: Exciting news for GB, as long as locals benefit from it

IN XANADU did Royal Caribbean a stately pleasure dome decree.

Correctional officers with pending promotions will be back paid, says Munroe

NATIONAL Security Minister Wayne Munroe said correctional service officers with pending promotions would receive back pay dating to 2020.

Bahamas suffers 3,000 gap over trademark applications

Bahamians made 3,000 more trademark protection applications abroad than at home during the five years to 2022, it has been been revealed, with government income from the sector "stagnant" for a decade.

Compliance chief loses bid to block grilling by ex-boss

A broker/dealer's former compliance chief has failed in his bid to prevent attorneys acting for his ex-boss from cross-examining him over his answers to 74 questions posed by US federal regulators.

Gov't patent earnings down 44% in decade

The Government's earnings from trademark and patent applications nosedived by 44 percent over past decade as The Bahamas' "loss of competitiveness" on intellectual property safeguards intensified.

LPIA operator leaves its COVID debt woe behind

The Bahamas' major airport continues to leave its COVID debt woes behind it with the coverage ratio stipulated by its lenders now healthier than it has even been since the pandemic started.

Munroe criticises UN Working Group report on Detention Centre

NATIONAL Security Minister Wayne Munroe criticised a United Nations Working Group on Arbitrary Detention’s report about the country’s detention systems, saying the experts did not provide proof of many of their accusations about the country’s criminal justice system.

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