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‘Severe penalties’ fear on Business Licence audits
The Chamber’s newly-elected chairman last night voiced “serious concern” that firms may be exposed to “severe penalties” for Business Licence infractions due to inadequate time to ready for full audits.
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.
CRUISE LINE PLAN FOR GB REVEALED: Xanadu hotel acquisition part of Royal Caribbean goal to transform harbour
Royal Caribbean Cruise Lines is eyeing the potential acquisition of Freeport's long-closed Xanadu Beach Hotel as part of plans to develop a resort and water park destination, it can be revealed.
‘Greatest Show on Sand’
Organisers Todd Isaacs Jr and Lucius Fox stood on Montagu foreshore and looking over the crowd of spectators on hand on Saturday, just basked in their success at the end of the hosting of the sixth Don’t Blink Home Run Derby in Paradise.
Four men on bail for murder charged with spree of shop break-ins in Grand Bahama
FOUR New Providence men on bail for murder were charged on Monday with a spree of shop break-ins and stealing incidents on Grand Bahama.
Seaplane operators in call for Out Island infrastructure
Seaplane operators are urging Family Island resorts to install ramps to facilitate their operations and increase airlift to remote destinations.
