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$600m Shipyard project set to boost GB investor confidence
The Grand Bahama Chamber of Commerce’s president yesterday said Grand Bahama Shipyard’s $600m dry dock ground-breaking should boost investor confidence in the island.
Pintard denies Shell sidelined over engines
FNM leader Michael Pintard yesterday denied that Shell North America was sidelined during the selection process for new engines at Bahamas Power and Light (BPL) under the last administration.
Minister ‘mischaracterised’ BPL’s $21m cost overrun
A Cabinet minister was yesterday accused of “mischaracterising” a review of Bahamas Power & Light’s (BPL) key generation investment by suggesting it had incurred a $21m cost “overrun”.
Bank denies ArawakX settlement negotiations
ArawakX’s belief that it stands to win “significant damages” from Bank of The Bahamas is being contested by the BISX-listed bank which says the two sides “have not engaged in any” settlement talks.
Arawak port beats profit target by 18%
Nassau’s main commercial shipping port yesterday revealed it beat its full-year profits target for 2023 by some 17.7 percent or more than $1.4m compared to original forecasts.
KFC industrial action halt with ‘historic’ deal
Industrial action by Kentucky Fried Chicken (KFC) staff has ceased, it was confirmed last night, after the franchise agreed to an “historic” deal that will more than double the lump sum payment initially offered.
PM denies FTX gave Heat ‘court side’ seats
The Prime Minister’s spokesman last night refuted claims he received free “court-side seat” tickets from FTX and other hospitality perks in attending a Miami Heat basketball game.
Davis administration accused of cronyism on Miller deal
A BAHAMIAN investor who submitted a proposal for the Road Traffic Department accused the Davis administration of “cronyism” for choosing to house the department’s headquarters in Leslie Miller’s Summerwinds Plaza instead.
SHANTY DEMOLITION COUNTDOWN BEGINS: Social Services to help displaced Bahamians – not other nationalities
THE Ministry of Social Services will provide housing assistance to Bahamians facing eviction from the Kool Acres and All Saints Way shanty towns, where 162 illegal structures are set to be demolished starting Monday.
Trent Deveaux hopes to get back to minor league
WHILE he’s taking the time to recuperate from an elbow injury that sidelined him this year, outfielder Trent Deveaux said he’s glad to be taking on another important role as a “father to a newborn son” as he waits for his return to minor league baseball.
Bahamian importer said he was unaware of guns American man shipped through his service
A POLICE officer testified yesterday in the trial of a businessman who allegedly imported ten firearms and more than 100 rounds of ammunition through a courier company in June.
DPM urges UN to take international tax control
The deputy prime minister yesterday renewed calls for a body such as the United Nations (UN) to oversee global tax issues as The Bahamas has been “playing catch up” with the OECD and Europe for too long.
Gov’t ‘intentional’ over post-Dorian recovery
The deputy prime minister says Grand Bahama is now enjoying the highest percentage increase in airlift of any island as the Government has been “intentional” over the post-Dorian rebound.
Multiple events to mark National MSME month
The Small Business Development Centre (SBDC) yesterday said it will stage multiple events throughout The Bahamas this month to highlight the importance of micro, small and medium-sized firms (MSMEs).
BPL union presidents not visited ‘Station A’ in years
Bahamas Power & Light’s (BPL) line staff union leader yesterday said he has not been inside Clifton Pier’s ‘Station A’ power plant for years.
FACE TO FACE: A recipe for success for students
AKHEPRAN International Academy is emerging as a force to be reckoned with in the junior culinary world. Students are gaining national attention with creative, scrumptious, health conscious Bahamian dishes.
Appeal for financial aid as cost of living rise impacts the Ranfurly Home for children
INFLATION is making it harder for the Ranfurly Homes for Children to function.
PM told that BPL fuel hedge ‘in the money’
The Prime Minister was told Bahamas Power & Light’s (BPL) fuel hedge, which his administration has sought to discredit, was “in the money” even though fuel woes “substantially ate into the benefits”.
Hitting near 3% growth to make ‘incredible difference’
Economic growth in the “upper 2 percent” range and above will make “an incredible difference” to The Bahamas’ economic prospects if achieved consistently, the Central Bank governor asserted yesterday.
Minister: $21m ‘overrun’ on key BPL investment
A Cabinet minister yesterday asserted that Bahamas Power & Light’s (BPL) key generation investment has suffered a $21m-plus “cost overrun” while failing to deliver the promised efficiencies and savings.
