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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 […]

Nygard’s Golden Jubilee Review – Nygard Has A ‘Principle of Care’

29 July 2019

Nygard’s Golden Jubilee Review It’s not an everyday occurrence to discover an individual who has pulled himself up by his bootstraps to achieve phenomenal success with a business that’s still breaking barriers, still achieving firsts, and still innovating fifty years later. What does it take? How did he achieve it all? And how can we […]

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Central Bank Reveals Economic Growth to Continue

29 July 2019

The tourism sector continues to drive the Bahamian economy, as seen in the Central Bank’s quarterly report that indicated a strengthening in the economy since 2018. In its latest quarterly economic and financial report, the Central Bank revealed that the growth is largely attributed to the tourism sector, reflected in growth in stopover visitors.  Central […]

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DQ Raises Funds for BSCA

29 July 2019

Dairy Queen (DQ) hosted its first Family Fun Day at the Mall at Marathon on Thursday to raise money for the Bahamas Sickle Cell Association (BSCA). The Family Fun Day had bouncing castles, face painting, games and musical performances.  According to DQ, $2 from every blizzard treat was donated to BSCA. The illness hits home […]

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PLP Convention19

Mitchell’s Landslide Victory

29 July 2019

Progressive Liberal Party Senator Fred Mitchell emerged victorious and held on to the party’s chairman position following the highly anticipated election against former Minister of Tourism Obie Wilchcombe. After some last minute campaigning, hours of voting and counting during the PLP’s National General Convention on Friday, Mitchell beat Wilchcombe – his only contender – by […]

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Opposition Wants No Confidence Motion Against PM

29 July 2019

At the next sitting of the House of Assembly Opposition Leader Phillip Davis intends to move a vote of no confidence in Prime Minister Dr. Hubert Minnis. His comments came on day two of the Progressive Liberal Party’s convention at the Melia Nassau Beach Resort on Friday. “A prime minister with a conscience would resign.  […]

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Skybahamas CEO Calls for Aviation Reform

29 July 2019

Skybahamas CEO Randy Butler renewed his call for reform in the aviation industry.  According to Butler, in 1992 the Ingraham administration called for Bahamians to get involved in the aviation industry to service domestic routes while Bahamasair serviced international destinations. He noted that this has not happened, as it seems Bahamasair is putting smaller airlines […]

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Ballots Support Davis’ Choice for PLP Chairman

29 July 2019

During the second night of the Progressive Liberal Party’s National Convention, PLP Leader Philip Davis stressed that the PLP is a party with democratic values and the results of the chairman election show that delegates supported his choice for Senator Fred Mitchell to become chairman.   “In this party, if you got something to say, […]

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Bahamasair’s Domestic Routes Raise Concerns

29 July 2019

Minister of Tourism and Aviation Dionisio D’Aguilar said it’s up to Bahamians to decide if they want Bahamasair to continue servicing domestic routes or to focus more on international clients. He noted that the government picks up all the losses of the airline and noted that it’s no secret that the airline receives a subsidy […]

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PM Wants Credit Union Growth in Family Islands

29 July 2019

Prime Minister Dr. Hubert Minnis encouraged credit unions to expand and increase their services in Family Island communities where banking facilities are lacking. Dr. Minnis made this encouraging plea yesterday during the World Council of Credit Unions and Caribbean Confederation of Credit Unions Conference at the Atlantis Ballroom. He explained that the cooperative credit union […]

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Banks Urged to Collect on Delinquent Accounts

29 July 2019

The financial sector, particularly the banking industry, is being urged by the Central Bank of The Bahamas to take more aggressive steps to reduce the delinquency rate.  Central Bank Governor John Rolle explained in the bank’s latest quarterly report, that commercial banks must make its balance sheets stronger and faster before another recession happens.  “The […]

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