The Bahama Journal – Jones Communications Network

Developer Bobby Ginn says he has found a partner to refinance the multi-billion-dollar mega-resort on West End, Grand Bahama, but since Ginn’s new partner hasn’t met with Credite Suisse – which holds the outstanding debt on the project – Prime Minister Perry Christie says it isn’t clear that the development can restart anytime soon. Mr. […]

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The government’s intention to introduce a Small and Medium Development Agency (SMEDA) gibes with the steps toward improved fiscal management cited in the Inter-American Development Bank’s (IDB) inaugural publication in its Institutions for People series. The authors of the new book “Fiscal Institutions of Tomorrow” say the improvement of fiscal management is a sure path […]

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The First Regular Meeting of the Inter-American Tourism Commission (CITUR) was inaugurated Friday at the headquarters of the Organization of American States (OAS) in a session that presented the topics to be discussed during the meeting and elected the highest authorities of the Commission for the next two years. The meeting was opened by the […]

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By K. Quincy Parker During an address on Judicial Temperament, President of the Caribbean Court of Justice (CCJ) Sir Dennis Byron offered his thoughts on how judges could rise above what seems to be the common suspicion that judges lack independence. Sir Dennis gave the address during the Barbados Annual Judicial Retreat 2012 in early […]

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Location, Smart Tech Construction and Pricing, Trump Recession The Town Homes at Turnberry in the gated community of Charlotteville in the West are all but sold or leased, with just 7 Townhomes available. All 257 Lots have now been sold and 70 of the 80 Townhomes are now occupied. Following a successful fast-paced sales uptake […]

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Local economists have repeatedly stressed that the US’ economy will have to recover before The Bahamas’ tourism sector sees further growth, and on Friday the Central Bank echoed those sentiments. In its latest economic report, the bank said even though the global recovery is “fraught with significant headwinds” it will continue to support the improvement […]

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The Central Government’s overall deficit widened over the nine months of the 2011/12 fiscal year, as the growth in expenditure outpaced revenue intake, according to the Central Bank of The Bahamas’ latest monthly report. According to the bank’s Monthly Economic and Financial Developments (MEFD) report for April, preliminary data for government’s budgetary operations over the […]

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The Christie administration is looking to resurrect the film industry in Grand Bahama as a way to add new facets to the country’s number one industry and provide a much needed boost to that island’s ailing economy. In fact, while speaking with Journal Business recently, Tourism Minister Obie Wilchcombe said work has already begun to […]

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There are a number of new tourism marketing campaigns that may be hitting international airwaves soon as officials at the Ministry of Tourism are working to release new commercials. According to Minister of Tourism Obie Wilchcombe, officials have been working on several new ideas to promote The Bahamas and ultimately attract new business from markets […]

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There are endless opportunities for downtown Nassau now that the container port and other shipping companies have relocated to Arawak Cay, according to Bahamas Real Estate Association (BREA) President Franon Wilson. While speaking with Journal Business recently, Mr. Wilson said there is so much land to be developed on Bay Street. “There are still people […]

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