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$10m poultry investment in ‘Nassau-centric’ move

A $10m poultry farming project is aiming to “become more Nassau-centric”, with its investor yesterday pledging it remains committed once land and the incentives regime are agreed with the government.

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Make COVID-19 ease 'permanent', PM urged

The Prime Minister was last night urged to make his latest COVID-19 relaxation "permanent" after he gave retailers on the brink of closure a last-minute reprieve that may enable their survival.

Dorian-hit firm: We will be 'stronger than ever'

A major Freeport retailer/wholesaler is aiming to “fully reopen” its building materials division tomorrow, as it pledged to rebound from Hurricane Dorian “stronger than ever before”.John Doherty, Kellys (Freeport’s) general manager, told Tribune Busi

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$500m impact and counting

Arawak Homes’ development of Pinewood Gardens unleashed a $500 million economic impact spread over 30 years, its chairman said yesterday, telling Tribune Business that over 80 per cent of the lot sites it acquired have been built upon.

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John Kerry: US ‘delegation here to listen’

UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.

Abaco frustration over growing shanty towns

CONCERNED Abaco residents who have repeatedly voiced frustrations about the growing shanty towns on the island want the government to “put their money where their mouth is” when it comes to dealing with the unregulated communities.

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Trent Deveaux signs $1.2m deal with Angels

In January, when Trent Deveaux mulled his decision on which MLB club he would eventually sign to, he said one determining factor would be: “Any place with good weather.”

CARICOM, Latin American nations ‘front of mind’ with regards to US vaccines

A UNITED States official said the Biden administration has not made a final decision yet on which countries will benefit from America’s promised vaccine sharing but stressed the COVID-19 situation in CARICOM and Latin American nations has been “front of mind”.

Ground broken for $2.5m maritime centre project

AFTER 10 years in operation, Elnet Maritime Agency Limited broke ground yesterday for construction of its $2.5 million maritime centre that will provide about 80 to 100 new jobs on Grand Bahama.Elbert Hepburn, CEO, along with his mother and business

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Exam results table - depressing again

STUDENTS who took the Bahamas General Certificate of Secondary Education (BGCSE) examinations failed to do any better this year in Maths, English and Science than test takers for the past five years.

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Island hoteliers fear they may not recover

EZRA Russell is ready to close up shop three years after opening the largest hotel on Cat Island, the Fountain Bay Resort and Marina.

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Freeport taxi drivers 'livelihoods at stake'

Freeport taxi drivers claim their livelihoods are at stake, especially now that Grand Bahama's major hotel property has closed its doors.

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Sir Godfrey Kelly dies age 93

SIR Godfrey Kelly, KCMG, 93, died at his Eastern Road home at about 10.30am yesterday shortly after eating breakfast.

Govt raises deficit estimate to $100m

The Government yesterday forecast a more modest pace for fiscal consolidation, projecting a higher $100 million GFS deficit for the upcoming 2016-2017 Budget year compared to its estimates a year ago.

Mortgage approval rate drops to 43%

MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen

DPM urges GB firms to expand to nassau

The Deputy Prime Minister yesterday urged Grand Bahama businesses to consider Nassau expansion rather than just confine themselves to their home island. KP Turnquest, pictured, made his call while delivering the keynote address at the official openin

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05272016 Edition

Friday, May 27th.

Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius

THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.

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Gibson to employers: 'Justify every work permit'

COMPANIES who hire foreigners must send “justification” for every employee they have on work permit to the government, according to Minister of Labour and National Insurance Shane Gibson.

$50m capital raising comes Aliv next week

The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.