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$7m project combines key PI tourism assets
A veteran hotelier is planning to invest $7 million in recombining two key Paradise Island tourism assets, in a venture that will create at least 30-40 new jobs.
Education woes leave ‘blind leading blind’
The Bahamian education system’s woes have created sub-standard management throughout the Government and private sector, resulting in “the blind leading the blind”.
PI entrepreneur ready ‘at stroke of PM’s pen’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”
Eric Wiberg – PBM Mariner seaplane sinks near Royal Island
ON the night of Wednesday, July 19, 1944, at Royal Island, North Eleuthera, Lt (jg) HL Hayes crashed while landing in a turbulent sea. No injuries to the personnel occurred, but both wing floats were torn off the plane and the starboard wing tip bounced on the bottom and finally sank in 20 feet of water. The plane was damaged beyond repair and was later surveyed.
Cruise port targeting $40m yearly revenue
Nassau Cruise Port will generate up to $40m in annual operating revenues from 2023 onwards, it has been revealed, with next year’s passenger volumes forecast to hit a record high by breaching the four million mark.
$55m project: 'At least 60%' spent' with Bahamians
A $55 million, three-phase western New Providence real estate development yesterday said "at least 60 per cent" of its total investment had been injected into the Bahamian economy, with its final stage one of the few to buck the recession.
Water Corp needs 'topup' to $20m subsidies
By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene
FRONT PORCH: A national lottery can help Bahamians in countless ways
IN our 50th year of independence, the national debt remains a source of deep concern, with state resources stretched across our archipelago. The country remains at risk of downgrade from various rating agencies. The debt will worsen with the next major hurricane, pandemic and/or financial crisis.
Up to $100m targeted in Abaco ports investment
The Government is eyeing a combined $100m investment to transform Abaco’s two commercial shipping ports into facilities that meet global best practices and standards.
Central Bank mortgage ease may not have instant impact
A realtor yesterday hailed the Central Bank's bid to help more persons "accomplish the Bahamian dream" although he warned the impact may not be felt instantly.
Gov’t and Opposition fight on GDP growth
THE Government and Opposition yesterday battled over what real GDP growth that fell below expectations for 2023 means for The Bahamas’ short-term economic prospects.
MLB: Bahamian players enter season highly ranked
WITH Major League Baseball spring training underway and franchises preparing their farm systems in the minors, several Bahamian players will enter the season highly ranked by their respective franchises.Jazz Chisholm is the highest ranked of any Baha
Civilian divers find plane wreckage just 40 mins into search
A CIVILIAN effort to locate the plane of missing pilot Byron Ferguson proved fruitful after a team mobilised by Gina Knowles, co-founder of online support group HeadKnowles, discovered plane debris in the waters off Nirvana Beach yesterday.
Ice cream firm is 'licked' over unfair dismissal
A Lickety Split employee, whose husband conducted a year-long harassment campaign against her boss over suspicions they were having an affair, has won her claim for unfair dismissal.Justice Indra Charles, in a September 14, 2017, ruling found that th
'Unfair' to tax web shops into losses
The government should not force the web shop industry out of business through the imposition of onerous taxation, a top accountant is arguing.
Family Islands urge: ‘tax web shops to the hilt’
Family Island businessmen yesterday urged the government to “tax the web shop industry to the hilt” because it has left many communities “in shambles”.
Rival landfill bids 'too ambitious' on waste-to-energy
Rival proposals were too ambitious over the “enormous amount” of waste-to-energy they believe the New Providence landfill can generate, the winning bidder argued yesterday.Kenwood Kerr, pictured, Providence Advisors’ chief executive, told Tribune Bus
Breanna killing accused wait as prosecution rests
THE Crown has formally closed its case against two women accused of murdering teenage mother Breanna Mackey last year.Prosecutor Cassie Bethel announced yesterday afternoon that the Crown would not be calling any more witnesses to testify against Zar
‘WE DIDN’T MURDER BREANNA, THEA DID’: Alleged killers blame friend for fatal attack
A janitor and her friend both told police they did not know teenage mother Breanna Mackey was being stabbed to death by their other friend until it was too late, jurors heard yesterday.
Angry hotel unions raise strike threat
Hotel workers were yesterday warned it would be “absolute madness” to further damage a tourism industry already “reeling” from Hurricane Dorian with industrial action during the peak winter season.
