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LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY
 
The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position the shipyard to feature the largest floating dock ship repair facility in the Western Hemisphere by 2026, significantly boosting the island's economy.

LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD

The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position […]

Mario Bannister

FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY

Police Prosecutors charged Mario Bannister, former ManagingDirector of Clifton Heritage National Park this week for acting as an accessory to themurder of 36-year-old Phillip Adderley, by providing a vehicle to the accusedkillers.Twenty-eight year old Christian Napier and 26-year-old Donte Riley werecharged with killing Adderley whose body was found on August 15th, 2024,stabbed to death in […]

Ministers meet with EU and OECD

12 November 2018

The Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest says the constant threat of black or grey listing The Bahamas  by the Organization for Economic Cooperation and Development (OECD) is a major constraint to economic development and has repercussions  that are felt beyond the financial services industry.  Mr. Turnquest  led a […]

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Ministry of Finance accepting applications online for shoe and clothing merchants seeking customs duty waivers

12 November 2018

The Ministry of Finance is inviting retail shoe and clothing merchants to take advantage of the customs duty waiver that is available to businesses to reduce the cost of importing goods. Since the policy was announced in July, with the start of the 2018/2019 budget year, the Ministry of Finance granted waivers to 154 applicants.  […]

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Bahamas Marina Operators Have Reported That 2018 Has Been a Banner Year for Boating In The Bahamas; 2019 On Track To Match or Exceed 2018 Performance

12 November 2018

Bahamas tourism industry partners, comprising hoteliers and marina operators throughout the islands, who attended the 2018 Fort Lauderdale International Show (FLIBS) said they were totally impressed with the high level of interest shown in The Bahamas and business bookings for the 2018.  FLIBS, the largest boating show in the United States, attracted more than 100,000 […]

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LAB SERVICES SUSPENDED AT THE RAND

12 November 2018

Laboratory services at the Rand Memorial Hospital were  suspended this past  weekend as the hospital’s management and technical teams continued   to monitor  the aftermath of a chemical spill which occurred in the Laboratory last  Thursday  morning.    The Management however has confirmed the full restoration of radiology services, and the cessation of referrals from […]

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Bahamas Elected To ITU Council

12 November 2018

The Bahamas became successful in its first bid for a seat on the International Telecommunications Union (ITU) Council, after securing a vote from 162 states out of 177 states present and voting.  The election to Council took place during the second week of the ITU’s Plenipotentiary (PP) Conference, in Dubai, United Arab Emirates.  The ITU […]

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Strategy Applied

09 November 2018

The Clifton Review    The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless questionable court […]

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VAT Exemption On Electricity Increases

08 November 2018

The recent spike in fuel surcharge has left the government to revisit its value added tax (VAT) exemption on electricity bills. Initially aimed at assisting Bahamas Power and Light (BPL) consumers whose monthly bills were capped at $100 per month, this figure was soon bumped to $200 to include some 60-plus thousands of BPL’s 90,000 […]

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Jeff Lloyd Cabinet _3902

Minister Urges Teachers To Return To Classroom

08 November 2018

Minister of Education Jeffery Lloyd urged teachers of the C H Reeves Junior High School to return to the classroom after more than a week sit out staged by the teachers who decried a litany of environmental health concerns.  During his address in the House of Assembly yesterday, Mr. Lloyd cautioned the teachers taking part […]

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Opposition speaks out about BPL’S hike

08 November 2018

Outraged Opposition Leader, Philip Davis, reasoned that while a higher fuel cost is being blamed for BPL’s rate hike, the record shows that the company suffered several fires recently due to a lack of equipment maintenance. He added  that if this rate hike is to pay for leased supplemental power generation plants and other connected […]

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Successful Strategy Implementation Requirements

07 November 2018

The Clifton Review    The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless questionable court […]

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