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Wilchcombe: Transparency vital for The Pointe project
TOURISM Minister Obie Wilchcombe yesterday called for greater transparency and accountability as China Construction America gears up to begin its $250m Bay Street luxury development – The Pointe.
End to inter-island COVID tests a ‘world of difference’
Hotels and airlines yesterday hailed the Government’s decision to eliminate COVID testing for inter-island travel from New Providence and Grand Bahama as “making a whole world of difference” for domestic tourism and commerce.
Eleuthera developer mulls subsidiary's IPO
An Eleuthera real estate developer is mulling an initial public offering (IPO) for one of its subsidiaries amid plans to accelerate the build-out of various assets.Erma Carey, secretary of Eleuthera Properties, the Cotton Bay and Jack’s Bay Club deve
Carnival awaiting permits for GB ‘crown jewel’ start
A senior Carnival Corporation executive yesterday voiced optimism that construction on its Grand Bahama “crown jewel” can still start this year despite the pressures imposed by COVID-19.
DPM 'hopeful' GDP growth will escape oil price shocks
The Deputy Prime Minister is expressing confidence that The Bahamas will meet its 2.5 per cent GDP growth target despite rising oil prices, adding: “Hopefully we’ll be able to ride it out.”KP Turnquest, pictured, conceded to Tribune Business that inc
Farmer raises climate query for $60m project
A BAHAMIAN farmer is questioning whether enclosed agricultural projects, such as Eeden Farms’ $60m Gladstone Road joint venture, can thrive due to this nation’s hot climate.
‘Buddy’ Hield, Fox lead Kings to 113-92 rout of the Knicks
NEW YORK (AP) — Buddy Hield scored 22 points, De’Aaron Fox had 24 and the Sacramento Kings routed the New York Knicks 113-92 last night for their second straight victory following a 0-5 start.
Broker refutes regulator's 'ponzi scheme' assertions
A former Bahamas-based broker/dealer last night accused the Securities Commission of failing to understand a business model that the regulator had branded “akin to a ‘ponzi’ scheme”.Guy Gentile, principal of SureTrader and MintBroker International, t
Ayton sidelined with right leg contusion – Suns centre posts second straight double double
Deandre Ayton had his second consecutive double double of the season but was also sidelined with a right leg contusion.
Minnis right to avoid the media
Juan McCartney your March 6 National Review op-ed in The Nassau Guardian said that Prime Minister Dr Hubert Minnis “became hostile towards the media as he realised that he was subject to serious vetting”.
PM: $20m 'pipeline' of local investments
The Government-sponsored venture capital fund is expected to create 130 local jobs via $1.5m in combined equity financing that has been injected into seven Bahamian businesses.
Union chief says Lucayan payout is 'discriminatory'
A trade union leader yesterday labelled the government’s current payout offer to Grand Lucayan managers as “discriminatory” because it is less favourable than the terms obtained by line staff.
Moss quitting a ‘relief’ - and Rollins may follow
THE Progressive Liberal Party should be “relieved” at Marco City MP Greg Moss’ resignation, said former PLP Cabinet minister George Smith, adding that the controversial backbencher had been “out of sync” with the party on many issues.
Goodman's Bay project eyeing 100 extra hires
A $120m development at Goodman's Bay expects to hire up to 100 additional workers next year despite COVID-19 causing a three-month delay to its construction schedule.
Bahamas youth flag football season begins on August 26
THE Bahamas Youth Flag Football League (BYFFL) season is scheduled to begin next week Saturday.
Dirty money - The biggest policy failure of all
THE Central Bank’s former chief enforcer says the US and UK are the biggest recipients of “dirty money” and suggests racial bias against countries like The Bahamas in anti-money laundering (AML) programmes.
Group business would 'allow higher hotel room yield'
THE Nassau Paradise Island Promotion Board (NPIPB) is hoping to make the group business segment 20 per cent of its total business, a board executive telling Tribune Business that this would ultimately allow hotels to achieve a higher room yield.
SuperValue chief: Xmas rush ‘worse than for Matthew’
SuperValue’s owner yesterday described Christmas sales as “‘satisfactory”, telling this newspaper that the consumer rush was “worse than Hurricane Matthew”.
Sandals ‘surprise’ at full New Year period
Sandals Royal Bahamian’s general manager yesterday said full occupancy from late December into the New Year had come as a welcome surprise, with the resort projecting high occupancies from the end of January onwards.
BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1
The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.
