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Downtown businesses ask for real story on bank plan
Downtown Nassau business owners and stakeholders are questioning "what's the real story" behind the Central Bank's decision to abandon plans for the construction of its new headquarters at Royal Victoria Gardens.
Two charged with Eleuthera murder
TWO MEN were remanded to prison on Friday after being accused in a fatal shooting and armed mugging in Eleuthera earlier this month.
Clubs and Societies April 14th, 2023.
For 12 years, the Kiwanis Club of Cable Beach has committed to supporting the Bahamas Technical and Vocational Institute’s (BTVI) Auto Mechanics students.
ONE ELEUTHERA FOUNDATION: Eating for a long and healthy life
It is 2023, and I find myself in what is undoubtedly the most significant year of my life, marching with my Beloved Bahamas – on our ‘Road to 50’.
‘No headroom’ for Gov’t Central Bank borrowing
The Government will not have “any extra headroom to borrow from the Central Bank” once legal reforms are passed to slash its lending limits by almost half, the latter’s governor revealed yesterday.
Port-fighting family in $46.5m GB exit
A Florida-based family who engaged in a bitter public battle with the Grand Bahama Port Authority (GBPA) and its affiliates have put all their Freeport interests up for sale with a $46.5m asking price.
Royal Caribbean scouts Rum Cay
Royal Caribbean’s top executive has confirmed the cruise giant sent a team to scout a potential new destination on Rum Cay, saying: “You can never have enough great product.”
No new taxes! More growth!
New taxes seem to be on the agenda. We are hearing about family islanders paying real property tax, corporation tax, income tax, increased NIB contributions and so on.
National Basketball Championships begin
The return of the Bahamas Basketball Federation’s National Basketball Championships saw the New Providence champions Giants produce mixed results as competition in the weekend tournament got underway at the Kendal Isaacs Gymnasium.
Drumeco Archer silences the critics
TEAM Bahamas made waves at this past weekend’s 50th edition of the CARIFTA Games after more than doubling last year’s previous medal count of 17.
Royal Caribbean cut Crown Land to avoid Toby 'conflict'
Royal Caribbean executives yesterday said they reduced their Paradise Island Crown Land demands by 43 percent in a bid to "untangle ourselves" from any "conflict" with Bahamian entrepreneur Toby Smith.
PI investment to be ‘gold environmental standard’
Royal Caribbean executives yesterday pledged their Paradise Island project will set "the gold standard" for environmental sustainability, adding that Atlantis and others should feel "comfortable" their concerns will be resolved.
RCI DEFENDS PI PROJECT: Cruise line addresses environmental concerns over $100m beach club
ROYAL Caribbean International leaders rebutted environmental concerns surrounding the proposed $100m Paradise Island project yesterday, insisting it would be their most environmentally friendly project of its kind.
Responsibility allowance up by 58 percent
SENIOR public servants have collectively received a 58 per cent increase in responsibility allowance.
Work permit violations found on work site
IMMIGRATION Minister Keith Bell said a special operation in a “high-end gated community” in eastern New Providence found that foreign workers outnumbered Bahamian construction workers three to one, breaking the rules.
Foreign workers 'manipulating system'; cost Gov't thousands
The Government is losing thousands of dollars in fee income because foreign construction workers and their sponsors "have figured out how to manipulate the system", the Bahamian Contractors Association (BCA) chief said yesterday.
‘Mission critical’ cruise port in $12.38m profit
NASSAU Cruise Port's success was yesterday branded "mission critical" for The Bahamas with 35 percent of the country's economy dependent on a facility that has generated $12.383m in net profits even before its official opening.
BAHAMAS 2ND WITH 41 MEDALS: Nine gold, 12 silver and 20 bronze
As the curtain came down on Team Bahamas’ hosting of the Oaktree Medical Center’s 50th CARIFTA Games at the Thomas A Robinson National Stadium on Monday night, Minister of Youth, Sports and Culture Mario Bowleg was delighted to welcome home the five-peat CARIFTA swimming team.
‘Ground breaker’ insurance for $2bn mangrove system
The Bahamas stands to benefit most out of all hurricane-prone Western Hemisphere nations from investing in the $2bn worth of natural storm surge protection provided by its mangrove ecosystems, it has been revealed.
Unlawful detention cases reduced to zero says AG
ATTORNEY General Ryan Pinder said he met the government on the hook for $1m damages for unlawful immigration detention practices arising from “eight to ten” lawsuits when he took office.
