Search results for : approval
May 05, 2023
Loan approvals rise as bank lending conditions improve in 2022 second half
NASSAU, BAHAMAS — The Central Bank's most recent survey of commercial banks revealed that bank lending conditions and demand for credit improved during the latter half of 2022, with the number of loan applications approved rising nearly 20 percent year-on-year. The results of the regulator's Bank Lending Conditions Survey (BLCS) survey on which sought information [...]
May 02, 2023
Central Bank survey reveals increase of consumer loans approval rate
The approval rate of consumer loans increased to 92 percent during the second half of 2022, the newest data from the Central Bank of The Bahamas' (CBOB) Bank Lending Conditions Survey reveals.
April 23, 2023
Citizenship Approval Should Not Take Decades, CJ Says
NASSAU, BAHAMAS - The chief justice says while there is a process for granting citizenship, it shouldn't take years and in some cases, decades.
GOVT SEEKS TO KNOCK DOWN SHANTY HOMES: 555 properties to be demolished if approval is given
March 28, 2023
GOVT SEEKS TO KNOCK DOWN SHANTY HOMES: 555 properties to be demolished if approval is given
THE government is seeking to demolish 555 shanty town structures in New Providence and Abaco -- with the Office of the Attorney General asking the Supreme Court to approve the order.
March 16, 2023
PM Invites Bahamian Businessman to Reapply for Govt Approval
NASSAU, BAHAMAS - PM Philip Davis inviting Bahamian businessman Toby Smith to reapply to government for approval for his P.I Lighthouse & Beach Club Project.
PM answers critics over govt approval
March 15, 2023
PM answers critics over govt approval
PRIME Minister Philip "Brave" Davis addressed criticism of government's approval of Royal Caribbean International's $110m beach club project on Paradise Island.
DPM: Broad consultations before final RCI approval
March 10, 2023
DPM: Broad consultations before final RCI approval
Though Prime Minister Philip Davis said on Wednesday he expects ground to be broken "almost immediately" on Royal Caribbean International's (RCI) $100 million beach club project on Paradise Island, Deputy Prime Minister Chester Cooper said "broad public consultation" will take place before the final approval is given. Cooper made the comment in response to concerns ...
The post DPM: Broad consulta...
Atlantis raises "significant concerns" over Royal Caribbean's Paradise Island Beach Club approval
March 10, 2023
Atlantis raises "significant concerns" over Royal Caribbean's Paradise Island Beach Club approval
NASSAU, BAHAMAS — Atlantis officials have expressed their disappointment with the government's decision to proceed with Royal Caribbean International's (RCI) beach club project, labeling the approval as "premature." In a statement released last evening, Atlantis President Audrey Oswell urged the public to petition the Government to "put on the brakes" and conduct a thorough examination [...]
RCI wins approval for $100m PI project
March 08, 2023
RCI wins approval for $100m PI project
Though Philip Davis in opposition had expressed strong views against granting any Crown land lease to Royal Caribbean International (RCI) and had instead advocated leasing the land to Bahamian companies for development, his government yesterday announced it has granted approval to RCI for its $100 million beach club project on Paradise Island, which includes four acres of Crown land.
March 08, 2023
Government grants Royal Caribbean approval for $100 million PI beach club project
NASSAU, BAHAMAS- The government has granted Royal Caribbean International (RCI) approval for its $100 million beach club project on Paradise Island, it was announced yesterday. According to a statement from Deputy Prime Minister Chester Cooper, the project, when completed, will offer guests beach and water sport activities, as well as Bahamian entertainment and retail experiences. [...]
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