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Battery storage to save BPL some $3m monthly
A Cabinet minister yesterday said Bahamas Power and Light (BPL) has commissioned a 25 Mega Watt (MW) battery storage system at Clifton Pier that will save the utility $3m a month.
Gov't targets $9m grant for BPL ocean energy
A Cabinet minister yesterday said the Government is negotiating a $9m grant from the International Renewable Energy Agency (IRENA) to help Bahamas Power & Light (BPL) develop an ocean thermal energy initiative.
Social services reform key to healing country
Social services play a crucial role in nurturing our nation's most valuable asset: Its citizens. Currently, the well-being, health and standard of living of Bahamians are subjects of great concern. We have yet to fully tackle the challenges of accessibility for child protection services, raising awareness about mental health and revitalising social welfare programmes.
Ex-US embassy property targeted for 48-slip marina
A prominent Bahamian contractor is seeking approvals to dredge more than 40,000 cubic yards of fill to make way for a 48-slip marina located at the rear of a former US embassy property opposite Arawak Cay.
Bahamas wants 'clarity' on Gov'ts GBPA plans
A former MP yesterday urged the Government to come clean on the action it plans to take over the Grand Bahama Port Authority (GBPA), asserting: "The country is waiting for clarity."
DPM: Zero tolerance to revive 'dead zones'
The deputy prime minister yesterday pledged a "zero tolerance" approach to criminal activities in downtown Nassau as he seeks to revive an area presently featuring "crippled commerce" and "dead zones".
Bahamas 'not maximising' impact as tourism booms
The deputy prime minister yesterday admitted The Bahamas has failed "to maximise visitor spending", and retain more of this within its economy, despite a "booming" tourism industry whose numbers "have never been better".
Bahamasair eyes 'millions' in savings from refinancing
Bahamasair's revenue is projected to grow by up to $8m "over the next year" as it targets "millions" in potential savings from the refinancing of existing loans carrying a 13 percent interest rate, it was revealed yesterday.
$500m GB shipyard will be world’s largest, says Moxey
GRAND Bahama Minister Ginger Moxey said a $500m investment in the Grand Bahama Shipyard would make it the world’s largest shipyard facility.
Fix child protection act for dads
I am writing to bring awareness to a social crisis that has permeated Bahamian society, and that is fatherhood absenteeism.
Bahamas gains $10m Saudi 'incubation' loan
The Deputy Prime Minister yesterday revealed that The Bahamas has secured a $10m loan from Saudi Arabia to finance the development of so-called "incubation centres" for tourism start-ups and small businesses.
Small Business Centre invests $800k in female entrepreneurs
The Small Business Development Centre’s (SBDC) executive director yesterday said it has invested $800,000 in in female entrepreneurs via 87 grants.
Gov'ts online portal sees 130k requests
The Government's My Gateway online portal has processed 130,000 applications and collected $4m in revenue since it was launched more than two years ago, it was disclosed yesterday.
INSIGHT: Authorities in the spotlight - but where are the cameras?
A SERIES of stories in recent times have again raised questions over how people are treated who get caught up in dealings with our forces in uniform.
Treasure hunter fears 'loot and scoot' return
A Bahamas-based underwater explorer has voiced fears that recent legal and regulatory reforms moved by the Government are a "serious mistake" and will lead to the return of "loot and scoot" practices involving ship wrecks.
Bahamas First unveils Cayman woes probe
Bahamas First has assigned its non-executive directors to probe woes that resulted in regulators threatening to bar its Cayman affiliate from writing new life and health insurance business.
'Incalculable' value from Bahamas' 176 wrecks
A Bahamas-based underwater explorer says the value to this nation's underwater cultural heritage from the 176 extra ship wrecks identified within its licence area is "incalculable" and "cannot be measured in dollars".
FTX Bahamas: Only we can pursue void payouts
FTX's Bahamian liquidators are asserting they may be the only ones "lawfully" able to pursue "material volumes" of client withdrawals that occurred around the time of the exchange's collapse and may thus be deemed void.
Goal!!!!
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