25 August 2016
The investment vehicle controlled by Baha Mar developer Sarkis Izmirlian issued a press statement yesterday urging Prime Minister Perry Christie to release the complete details of the new Baha Mar agreement. BMD Holdings stated that the prime minister’s comments this week regarding the future of Baha Mar left the Bahamian people without any specifics about […]
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25 August 2016
After a quiet hurricane season, the country is now faced with a possible threat of a storm, but National Emergency Management Agency (NEMA) Director Captain Stephen Russell said his organisation is prepared in the event of a disaster. In an interview with the Bahama Journal yesterday, Captain Russell assured that NEMA is taking the necessary […]
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25 August 2016
Atlantis, Paradise Island resort has launched its first phase of a $20 million transformation of the Coral Towers. Once all renovations are complete, the hotel will re-open as The Corals Atlantis, a new modern hotel for the resort’s group, leisure, and casino guests, designed by Bilkey LLinas Design (BLD). “This renovation marks a significant step […]
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24 August 2016
The Baha Mar saga was constantly used as political ammunition from different members of the opposition whether it was in the House of Assembly or through the press, with news breaking of Baha Mar remobilization leader of the opposition Dr. Hubert Minnis said that there may be more than what meets the eye in regards […]
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24 August 2016
Minister of State for Finance Michael Halkitis said he and his team are currently waiting on a full report that will be presented in the House of Assembly (HOA) as early as next week on the Mortgage Relief Program. The government, according to Prime Minister Perry Christie, was very close to finalizing the components of […]
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24 August 2016
Former Baha Mar Director Dionisio D’Aguilar says the remobilization of Baha Mar is “scary.” Mr. D’Aguilar says that although he congratulates Prime Minister Perry Christie on the much needed move, the idea of the Chinese government dealing with so much of The Bahamas is “not a good thing.” “What we heard yesterday is that the […]
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24 August 2016
Immediately following the Prime Minister Perry Christie’s announcement various creditors and contractors gave impromptu responses expressing their appreciation and gratitude to Mr. Christie and his team for working so diligently to reach an agreement that would result in the millions of dollars owed to them being reimbursed. The various heads voluntarily and unrehearsed each spoke […]
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24 August 2016
A day after health officials confirmed three other Zika cases in the country, Tourism Minister Obie Wilchcombe said local tourism officials are bracing for a potential travel advisory on the deadly disease. Yesterday the number of cases climbed by three, with there being an additional 83 suspected cases, eight of them pregnant women. Mr. Wilchcombe […]
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24 August 2016
Attorney General Allyson Maynard-Gibson, one of the key negotiators in the Baha Mar deal, says she’s disappointed in those people who have voiced their lack of optimism and faith in the prime minister’s affairs as it relates to the billion-dollar resort. In an interview with reporters yesterday, Ms. Maynard Gibson said Bahamians should focus on […]
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24 August 2016
World-renowned Credit Agency Moody’s made good on its prediction with it being revealed on Monday that The Bahamas would be downgraded from BAA2 to BAA3, a fact that Opposition Leader Dr. Hubert Minnis said he finds troubling. Dr. Minnis added that the current administration’s corruptness and irresponsible financial management is primarily responsible for the downgrade. […]
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