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TOUGH TO ATTRACT FOREIGN INVESTMENT IN PANDEMIC

A GRAND Bahama Port Authority executive admits efforts to attract new foreign direct investments to Freeport were challenged to some extent due to travel restrictions as a result of the COVID-19 pandemic.

Moxey leads way for free tests

GRAND Bahama Minister Ginger Moxey was the first to be tested during the launch of the free COVID-19 testing programme in Grand Bahama on Saturday.

GB Power, PHA seek financing millions

The Bahamian capital markets are gearing up for a busy fall/winter season, Tribune Business has been informed, with both the Public Hospitals Authority (PHA) and Grand Bahama Power Company seeking multi-million dollar financings.

$1.6m maritime broker launches in Freeport

A $1.6 million customs broker and port agent opened in Grand Bahama on Saturday, employing 16 Bahamians.Kwasi Thompson, minister of state for Grand Bahama, congratulated the owners of Fowlco Marine and Logistical Management company, Curtis Fowler, fo

Officials visit GB bone fishing resort

Officials in Grand Bahama visited and toured Deep Water Cay (DWC) recently, as the well-known Bone Fishing Resort in the east welcomed a new management team to the island.

WASM invests $40m on campus in Grand Bahama

WESTERN Atlantic School of Medicine (WASM) has invested $40m to date on its campus in Grand Bahama, surpassing the original heads of agreement investment of $13.5m for the first phase.

Abaco suffers three-year, $60m Dorian rental blow

Abaco lost more than $60m in rental income during the 28 months immediately after Hurricane Dorian due to the devastation inflicted on its housing stock, it was revealed yesterday.

Another two COVID deaths and 70 new cases confirmed

COVID-19 cases in the country climbed to 8,909 after 70 new cases and two more virus-related deaths were recorded between Friday and Saturday, with Grand Bahama accounting for most new infections.

‘Air cargo hub’ ambition for GB’s $200m airport

The deputy prime minister yesterday unveiled a $200m Grand Bahama International Airport redevelopment that aims to ultimately transform the facility into an international “air cargo hub” for the Caribbean and Latin America.

Medical school in GB pull-out

Ross University is set to close its Freeport-based medical school in early 2014, Tribune Business can reveal, dealing a fresh blow to Grand Bahama’s ailing economy just as several positive developments loom on the horizon.

City dump catches fire again

A FIRE that started over the weekend at the New Providence Landfill was caused by a “concentrated arson attack on the site and facilities,” according to officials from Renew Bahamas.

PM: Don't challenge my integrity

AS THE government progresses with plans to construct a new hospital at Eleuthera, Prime Minister Perry Christie told opposition parliamentarians not to challenge his integrity amid concerns of a possible conflict of interest with the acquisition of land.

Minister's praise for modern school facility

FREEPORT – Minister of Education Jerome Fitzgerald and Minister for Grand Bahama Dr Michael Darville agree that the newly-relocated Lewis Yard Primary School with be a modern, state-of-the-art facility.

Stem cell pioneer: Just 3% of claims accepted

Less than 3 percent of $16.5m in creditor claims against a Freeport business, once hailed for pioneering The Bahamas’ entry into the stem cell therapy industry, had been accepted as at end-May 2022.

Still no date for opening of Critical Care block

WHILE a Public Hospitals Authority official said the new Critical Care Block at the Princess Margaret Hospital is planned for commissioning on January 8, there is still no firm date set for when the multi-million dollar facility will be fully operational.

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