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Marina chief suffers ‘worst Thanksgiving in 30 years’

A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.

Hurricane Hole Superyacht Marina opened

STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.

PM told: $22m savings if BPL fuel trades done

A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.

New PI super yacht marina 80% booked

PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.

STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison

JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”

BISX-listed fund targets asset-doubling to $100m

A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.

No. 3 Kansas beats NC State in coach Bill Self’s return

PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.

S&P slashes Bahamas ‘23 growth to just 1.1%

Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.

PM tours GoldWynn site

PRIME Minister Philip “Brave” Davis and other government officials toured the construction site of the multi-million-dollar GoldWynn hotel and residences project on Cable Beach last week to view the development’s progress.

FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree

A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”

FACE TO FACE: ‘Godfather of the Flats’ committed to protecting our natural resources

LONG before climate change, conservation and sustainability became the popular catch phrases that they are today, Prescott Smith was out in the world sounding a clarion call to protect natural resources.

Hundreds queue in search of jobs

HUNDREDS of residents in Grand Bahama gathered at St George’s Gymnasium on Saturday for ‘Labour on the Blocks 2.0’ in hopes of getting off the unemployment line.

Keys handed over to Pinecrest homes

PRIME Minister Philip “Brave” Davis yesterday presented the keys to new homes in the Pinecrest subdivision to 18 government, private sector and essential workers.

McPhee-McCuin and Ole Miss Rebels top Flyers 63-50

It was a grand homecoming for coach Yolett McPhee- McCuin as her University of Mississippi Rebels ran away with their opening game of the Baha Mar Hoops Pink Flamingo Championship at the Baha Mar resort last night.

More than 60 boats expected in 5th Best of the Best Regatta

WITHOUT any major regatta to skipper to accumulate points this year, the Ministry of Agriculture, Marine Resources and Family Island Affairs has opened the field to include more than 60 boats to participate in the fifth Best of the Best Regatta.

Regional investment summit eyes Bahamas as location

THE CARIBBEAN Export Development Agency (CEDA) wants to bring the Caribbean Investment Forum (CIF) to The Bahamas following this year’s successful staging in Trinidad and Tobago this November.

WORLD VIEW: Fearless fight for climate fairness

SHOWING all the frankness that he demonstrates in his domestic politics, Antigua and Barbuda’s Prime Minister, Gaston Browne, marched fearlessly like Daniel in the Lion’s Den, when he made several demands in Sharm El-Sheikh, Egypt where COP 27 is being held.

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