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$600m Shipyard project ‘under threat’ over airlift
Grand Bahama Shipyard’s $600m dry dock investment and related projects “are already under threat” due to the island’s airlift shortage, its chief executive has warned.
Electric car dealer targets mid-year start on new HQ
A Bahamian electric vehicle dealer yesterday revealed it beat 2023 targets via a “one-third” sales increase as it bids to start construction on its new “multi-million” headquarters by around mid-year.
Opposition: ‘Adjust’ Budget as 91% of deficit room used
The Opposition’s finance spokesman last night warned the Government “must adjust” its Budget targets and figures despite year-over-year improvements in its October revenues and deficit.
‘Raise the bar’ call on permanent residency
A Bahamian realtor has renewed his call to raise the threshold above which foreign home buyers can qualify for permanent residency to $1m as part of a strategy to “take the strain” off raising taxes.
CRACKDOWN: More intrusive policing coming, anti-gang laws are promised, more CCTV and increased patrols
PRIME Minister Philip “Brave” Davis said more intrusive policing is coming in response to the rising murder rate.
VJ Edgecombe commits to Baylor University
THE Bears Nation will have to make room for Bimini native Valdez “VJ” Edgecombe who committed to Baylor University last night.
Abaco jam maker laments lack of Out Island support
An Abaco jam and preservative maker needs $80,000 for a new machine to scale-up production and is lamenting the lack of support for Family Island businesses.
Commerce is hit by BPL ‘generator trip’
Many New Providence businesses were hit by a Friday power outage lasting several hours after Bahamas Power & Light (BPL) suffered “a generator trip” at both the island’s power stations.
Carnival unveils its public affairs chief
Carnival Corporation has hired the former chief operations officer at Grand Bahama’s water supplier to help strengthen local ties prior to its new $500m cruise port opening.
Bahamas $500m loan secures over half external finance need
The Bahamas has secured more than half its foreign currency financing needs for the current fiscal year by obtaining a $500m loan partially guaranteed by the Inter-American Development Bank (IDB).
Real estate crowd-funder urges it get a ‘fair shake’
A crowdfunding-based real estate business is urging that it be given a “fair shake” as it enters its fourth year of seeking approvals from Bahamian financial services regulators.
Munroe: Public have responsibility to make criminals known to police
Speaking about the recent spike in violent crime in the country, National Security Minister Wayne Munroe said on Friday that members of the public have a personal responsibility to make criminals known to police.
US Embassy presents four vessels to Royal Bahamas Police Force
FOUR vessels have been presented to the Royal Bahamas Police Force by the US Embassy to help to protect The Bahamas, with the boats to be assigned to New Providence, Abaco, Bimini and Grand Bahama.
ERIC WIBERG: Shipwrecks of The Bahamas – Highbourne Cay Shipwreck, Exumas, 1513 Iberian, Diego Miruelo, Ponce de Leon
THE night of Tuesday, September 23, 1513, was another boisterous one for a fleet of four heavily armed Spanish vessels returning from a mission to find Florida.
EDITORIAL: What is the plan to tackle crime?
ANOTHER day, another murder. And then prayers, for a little boy who was doing nothing wrong in the world but who was shot in the head by a coward of a man who opened fire on three women and a child.
Pinder says lawyers practice of adjournments to delay court cases for clients ‘unacceptable’
ATTORNEY General Ryan Pinder said some defence lawyers use adjournments as a litigation strategy for their clients, an “unacceptable” practice contributing to trial delays.
Auto dealers optimistic 2023's 40% surge keeps momentum
A Bahamian new auto dealer yesterday voiced optimism that price stability and better availability will further boost sales in 2024 following a 40 percent year-over-year surge for the first 11 months last year.
Dorian 'hangover' cuts outlook for the Summit
A Bahamian insurer yesterday voiced optimism it will soon break free of its "Hurricane Dorian hangover" and escape any potential downgrade by the industry's main creditworthiness assessor.
Fourteen Clubs Golf Academy hosts first event of 2024
While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.
Crowdfunded real estate business still waiting one year later for Securities Commission approvals
AKERAGE Ltd, a crowdfunding business promising to revolutionize how people invest in real estate, is still awaiting relevant approvals from the Securities Commission of The Bahamas a year after announcing provisional approval from the regulator.
