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South Ocean sale process is revived

A new sales process has been initiated for the long-closed South Ocean resort, a Cabinet minister yesterday describing the property’s revitalisation as key to the Bahamas achieving higher GDP growth rates.

Grim present but bright potential for our capital market

Our Bahamas International Securities Exchange (BISX) has sent me a press release about the courtesy call they and closely linked Bahamas Central Securities Depositary (BCSD) paid on the Minister of Finance. These two organizations form the structura

WIKILEAKS: US relationship fears revealed

A REFUSAL to exhume the body of a serial killer who was hanged in Nassau led to US Embassy concerns there was a “racially oriented antagonism” toward the United States under Lynden Pindling’s government.

BTC enjoys 28,751% mobile data growth

The Bahamas Telecommunications Company (BTC) yesterday said it was committed to investing “more than $100 million” in upgrading its communications infrastructure, adding that its mobile data traffic had increased 28,751 per cent since its 4G network launched in December 2012.

50% Breezes expansion 'stymied' by Baha Mar

Plans for a 50 per cent expansion at SuperClubs Breezes have been “completely stymied” by Baha Mar’s failure to complete agreed land transfers, the former’s owner is alleging.

Gray insists agreement reached between government, vendor

DEFENDING his integrity, Agriculture, Fisheries and Marine Resources Minister V Alfred Gray insists that government had already made an agreement to accommodate a single mother of two who was forced out of her business at Potter’s Cay Dock in April for safety reasons.

Aliv: 'Growth at all costs' has finished

Aliv’s top executive says its business model is shifting from “growth at all costs” as it targets a mobile market share “in the mid-40 percent” range by the 2020 half-way mark. Damian Blackburn, in a recent interview with Tribune Business, said the

CCA slammed with fresh $555k Baha Mar demand

Baha Mar’s main contractor has been accused of citing “false reasons” to excuse non-payment of an outstanding $555,000 balance owed to a US firm for work on the $3.5 billion project.

Heads of agreement

What are the implications of the Supreme Court judgment, the Immigration decision where finally the Court has confirmed what was known all of the while that law dictates what happens and not “political policy”.

Grand Lucaya Resort to host Just Praise Television Network's first live international show

JUST Praise Television Network (JPTV) will launch its first live international show at the Grand Lucaya Resort, Freeport, on Saturday.

Bran reaffirms 2017 open for Baha Mar

The $3.5 billion Baha Mar project will “continue to crumble” the longer it remains unopened, the Democratic National Alliance’s (DNA) leader warned yesterday, reaffirming his prediction that the resort will likely not open until 2017.

Rollins recommendation ‘by end of month’

THE Progressive Liberal Party’s disciplinary committee appointed to decide on the fate of embattled Fort Charlotte MP Dr Andre Rollins is expected to make its formal recommendation to the leadership council by the end of this month, party chairman Bradley Roberts said yesterday.

DPM's optimism 'disspiated' over Baha Mar roads talks

The Government remains in negotiations with Baha Mar to resolve its share of the re-routed West Bay Street costs, having paid some $28 million thus far.

A victim of crime tells her tale

I don’t know about other Bahamians and residents of New Providence but I take cold comfort in the assurances of the Minister of National Security that crime is down.

Christie has “obligation to deliver” on Baha Mar

OPPOSITION Finance spokesman K Peter Turnquest said yesterday that Prime Minister Perry Christie has “an obligation to deliver” on the Baha Mar project completion having thrust the government into the saga via its push for liquidation, arguing that the Bahamian people should not be left in the dark regarding any developments surrounding the stalled resort.

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