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Sir Franklyn: ‘No positive spin’ for junk downgrade

A well-known businessman says “no positive spin” can be placed on the Bahamas’ junk downgrade, adding that it showed this country is failing to tackle long-standing structural weaknesses in its economy.

Baha Mar ‘shocked’ at winding-up move

Baha Mar last night had yet to receive the Government’s petition to place it into provisional liquidation just hours before Prime Minister Perry Christie confirmed the move, with the developer said to be “shocked” and “surprised” at the Government’s action.

Bahamian developer in deal at Goodman’s Bay

A well-known Bahamian developer behind projects such as Balmoral, ONE Cable Beach and Aqualina is eyeing the imminent acquisition of a prominent Goodman’s Bay property.

PM: Resort has suffered ‘temporary setbacks’

PRIME Minister Perry Christie has said while there are “temporary setbacks” concerning the $3.5bn Baha Mar resort, this country still has several other factors that will augur well for continued improvement in all economic indicators and sustained growth over the medium-term.

BTC at work on repairs after Hurricane Joaquin

FOLLOWING the devastation of Hurricane Joaquin last year, BTC decided that instead of repairing the existing infrastructure, it would completely upgrade the devastated southeastern Bahamas islands.

Studio Ohana – A yoga space to call home

A fresh new team of yoga instructors are excited to open the doors to their new space, Studio Ohana, where Bahamians and visitors alike are welcome to experience fitness in a way they never thought possible.

The legacy continues - Aldo Stubbs and Friends to host praise concert

LEGACY is defined by Webster’s Dictionary as something transmitted by or received from an ancestor or predecessor or from the past. This is the case in the life of Aldo Stubbs.

PM: BTC dropped calls down to 6,000 per day

THE rate of dropped calls for the nation’s only telecommunications provider is now at 6,000 per day, according to Prime Minister Perry Christie.

Liquidators silent over $5.5m Baha Mar salary source

Baha Mar’s joint provisional liquidators last night confirmed they had secured funding to pay the September salaries for the 2,400 non-Melia staff, while also pledging to meet all employee benefits due since their September 4 appointment.

Dorsett: I will not resign

MINISTER of Environment Kenred Dorsett yesterday said he had no intention of resigning amid widespread criticism over his lack of public communication on the 2012 underground gasoline leak in the Marathon area.

Digicel: Local ownership no business ‘limit’

Digicel would not have bid on the second mobile licence if it was unhappy with the Government’s insistence that the winner be 51 per cent majority Bahamian-owned, a senior executive saying it did not see this condition as “limiting”.

Turnquest fears for the country’s future economy

FREE National Movement Deputy Leader Peter Turnquest said he was “very concerned” about the country’s economic future as he castigated the government over its lack of detail in the 2014/2015 mid-year budget presentation.

Island Boy - The Musical

AUDITIONS for the 2015 “Island Boy – The Musical” stage production officially kicked off at the Dundas Centre for the Performing Arts last week.

Butler-Turner: I’m stronger

AS the start date for the Free National Movement’s convention nears, Long Island MP and party leader hopeful Loretta Butler-Turner proclaimed in her latest campaign ad that she has “stronger leadership abilities” compared to incumbent Leader Dr Hubert Minnis.

Butler-Turner: I’m a stronger leader than Hubert Minnis

In the nearly three-minute long video circulated on social media Monday, Mrs Butler-Turner insisted that while both she and Dr Minnis learned at the feet of former Prime Minister Hubert Ingraham, she was by far better suited for the “big chair” of leadership.

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