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Sir Franklyn: ‘High chance’ of new Atlantis ownership
Sir Franklyn Wilson says there is “a high possibility” that Atlantis may undergo a change in ownership in 2019, describing this as a “significant” investment boost for The Bahamas.
Retail 'pioneer' targets more Atlantis expansion
One of Atlantis’s retail ‘pioneers’ yesterday said he was aiming to establish a second store at the Royal Towers within three years, the recent expansion of his inaugural outlet having sparked a 20 per cent sales increase.
Casinos target $249m boost from reforms
An additional $249 million could be injected into the Bahamian economy if proposed reforms to this nation’s casino gaming legislation are adopted, a leading executive yesterday disclosing that 16 out of 17 industry recommendations had been incorporated into the draft legislation.
BTC in $100m EBITDA earnings forecast
THE Bahamas Telecommunications Company (BTC) is forecast to generate $100 million in operating income this current financial year, a 9.9 per cent year-over-year increase, one London-based analyst yesterday saying its majority shareholder believed it had sufficient “legal protection” to guard against the Government’s attempts to claim a 51 per cent stake.
Bahamian movies to be entered into film festival
Bahamian movies to be entered into film festival TWO short films produced by media majors at the College of the Bahamas will be entered into an international film festival in October. The films, "En Route" and "Last Week Tuesday", tied for first place at
BTC 'exacerbates' $265m FDI decline
A $265 million decline in year-over-year net foreign investment (FDI) into the Bahamas is not as bad as it seems, the Central Bank’s governor yesterday saying that stripping out the BTC privatisation proceeds produced a more “modest” 7.6 per cent fall.
FTX: US interfering with $45m Bahamas recovery
FTX’s Bahamian liquidators are accusing their US counterparts of interfering with a $45m stablecoin recovery and failing to preserve the value of the collapsed crypto exchange’s $241m local real estate empire.
New Providence or New Orleans?
I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.
FACE TO FACE: A new platform for Junkanoo to perform
MARIO Smith Jr has created something new in the world of art and Junkanoo. He has created a miniature parade designed to bring the memory of the exciting Junkanoo parade to life.
MP Gregory Moss opposed to Real Property Tax exemption
Marco City MP Gregory Moss is emphatically opposed to the extension of real property tax exemption in Freeport, saying Grand Bahama stands to gain some $50 million per annum in real property tax revenues alone from the industrial sector.
INSIGHT: Would you invest here with declarations like this?
The PM’s edict that work permits are to be reduced simply because too many have been issued is nonsense and pure economic suicide.
Davis Gov’t told: ‘Take leap over Freeport’s Holy Grail’
An outspoken QC yesterday urged the newly-elected Davis administration to “take the leap” its predecessor did not and “open the floodgates” to realising Freeport’s “holy grail” as The Bahamas’ economic saviour.
Victim's wife is expecting twin babies
A FATHER-to-be from the Bahamas was killed in a motorbike collision three days after finding out his wife was pregnant with their twins.
Discount for runners who register by midnight Sunday
WITH a little more prize money to offer, the Bahamas Roadmasters Running Club is hoping that they can attract more international competitors to participate in their signature 7th annual Bahamas Half, 10K, 5K, 3K and Half marathon relay on Sunday, Nov
Christie and the IDB: Failure to engage
This week a failed Prime Minister gets to puff up his chest and strut around the failed Baha Mar resort and pretend to host the annual general meetings of the Inter-American Development Bank.
BTC: No Bahamian jobs outsourced to Pakistan
The Bahamas Telecommunications Company (BTC) yesterday asserted it “has not outsourced any Bahamian jobs” from its customer service contact centre amid staff and union fears these posts are being lost to Pakistan.
DIANE PHILLIPS: Abaconians' anger is raging beneath the surface - we need to move now to make sure it doesn't explode
What’s happening in Abaco should never happen anywhere in The Bahamas.
24% energy cost rise 'Achilles heel for private sector
WITH Bahamian hotels suffering a 24 per cent year-over-year increase in electricity costs for January 2012, a senior industry executive yesterday warned that energy prices were the "Achilles heel" for the sector and wider business community, urging this nation to press "the priority button" in tackling the issue.
Washington-based publisher celebrates the Bahamas
In Washington, DC where, she currently resides, people oftentimes referred to writer Wendy Coakley Thompson as “that girl from Barbuda, Barbados or Jamaica”. It became an almost everyday occurrence for her to correct and educate people on her dual i
