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PM: $160m project to give 300 full-time jobs
The Prime Minister yesterday unveiled the revival of the long-awaited Cat Island Partners project with a "scaled down" $160.45m investment that aims to create 150 Bahamian construction jobs and up to 300 permanent posts.
Cat Island 'going to get whole hog'
Government officials yesterday pledged that Cat Island is "going to get the whole hog" when it comes to airport, roads and utilities upgrades and investments.
PM blasts 'blinkered' officials' tax attitude
The Prime Minister yesterday slammed "blinkered" public officials for adopting inflexible approaches to the collection of outstanding taxes that "close the business" and hinder economic growth and productivity.
Adrian Gibson jury finalised as trial set to get under way
NINE jurors were selected yesterday to evaluate evidence from more than 40 witnesses in Adrian Gibson’s corruption trial.
CORPORATE TAX PLAN REVEALED: Govt favours proposal of 10-12 percent rate for most businesses
The Government is leaning towards reforms that will see most Bahamas-based businesses pay a "modest" corporate income tax of either 10 or 12 percent with the only exception being small firms earning less than $500,000 annually.
$400k building donated to help hospital staff
THE Princess Margaret Hospital Foundation is delighted to announce the donation of a modular administration building to the hospital by NB Global Solutions.
Bahamas treasure hunter eyeing Nassau museum
A Bahamas-based underwater explorer yesterday said it is "seriously considering" opening a Nassau museum to showcase artifacts recovered from what has been billed as “the most valuable shipwreck in the Western Hemisphere”.
Campbell concerned port opening bad for Bay Street
CENTREVILLE MP Jomo Campbell said he is concerned tourist attractions downtown will lose visitors and suffer a slow death after the Nassau Cruise Port opens.
Equinor could pay ‘severe penalty’ if they failed to properly cleanup oil spill post Hurricane Dorian
ENVIRONMENT Minister Vaughn Miller said energy company Equinor would face severe penalties if officials find that the company failed to properly clean up its 2019 oil spill in East Grand Bahama.
Atlantis and Wendy’s in covenants dispute
Atlantis is at odds with the Wendy's franchise holder over whether restrictive covenants exist to block the latter's plans to convert Paradise Island's former Scotiabank branch into a fast food restaurant destination.
Central Bank's $9m HQ hit 'wasteful and absurd'
The Opposition's finance spokesman yesterday slammed the decision to cancel the Central Bank's new headquarters project as "absurd", arguing it was "an ideal project" for providing a post-COVID economic boost.
Bahamas branch of British Legion experiencing financial difficulties
THE Bahamas Branch of the British Legion is experiencing financial difficulties as it tries to cover its June distribution of money and goods.
Atlantis and PI hotels unite to bar Wendy's
Atlantis has joined forces with other resorts and developers in a bid to bar the Wendy's and Marco's Pizza owner from converting Paradise Island's former Scotiabank branch into a fast-food restaurant destination.
Ground broken on $200m Grand Bahama hospital
GOVERNMENT officials broke ground for a new $200m hospital in Grand Bahama yesterday.
Gov’t striving to re-open Lucayan’s Breaker’s Cay
The Government has taken a "show me the money" approach with potential Grand Lucayan buyers at it works to open another part of the resort complex to support increased airlift to Grand Bahama, it was revealed yesterday.
GB needs Port Authority to 'makes things happen'
A Cabinet minister yesterday asserted that both Freeport and Grand Bahama need a Port Authority that is "progressive" and "makes things happen".
PETER YOUNG: Turkey’s identity at stake as the country faces a possible presidential run-off
TO many people, Turkey is something of an unknown quantity. But it is in the news at present because of last Sunday’s parliamentary and presidential elections. These are said to be the most pivotal polls in the nation’s history and President Recep Tayyip Erdogan’s toughest challenge since he first came to power in 2003.
Police investigate drowning death of man in North Bimini
Police are investigating the drowning death of a 41-year-old Freeport man.
Western Atlantic University School of Medicine holds white coat ceremony for 25 students
WESTERN Atlantic University School of Medicine (WAUSM) held its fifth white coat ceremony for 25 new students, including three Bahamians, on Saturday at the Grand Lucayan Resort.
Central Bank takes $9m hit over abandoned HQ project
The Central Bank yesterday revealed it has been forced to write-off almost $9m after the project to construct its new Royal Victoria Gardens headquarters was abandoned, with further impairment charges likely in 2023.
