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I-Group: Runway Tragedy Not Political
April 09, 2013
I-Group: Runway Tragedy Not Political
The Ingraham administration's renegotiation of the I-Group's Mayaguana deal played no part in last week's tragic accident, which killed three people on a runway on that island, said I-Group representative Tim Haffner yesterday.
Mayaguana on Cusp of Change
September 05, 2011
Mayaguana on Cusp of Change
A restated and amended Heads of Agreement (HOA) with Mayaguana developers, the I-Group, is scheduled for presentation in Cabinet tomorrow, paving the way for works on the island's airstrip and construction of a boutique hotel. Updating Guardian Business on the status of the development, Chairman of the Hotel Corporation of The Bahamas (HCB), Michael Scott, said the venture will be worth between $3...
Mayaguana HOA to be Approved
September 20, 2011
Mayaguana HOA to be Approved
The Government will recommend approval of a revised, amended and restated Heads of Agreement (HOA) with Mayaguana developers the I-Group, Guardian Business can confirm. Chairman of the Hotel Corporation of The Bahamas (HCB), Michael Scott, told this newspaper yesterday that while there were certain observations and qualifications to be met, the conclusion of cabinet was to approve the deal in prin...
'Watershed' Mayaguana Deal Backed
September 19, 2011
'Watershed' Mayaguana Deal Backed
THE BAHAMAS was yesterday said to have experienced "a watershed moment" after the Government approved the revised Heads of Agreement for the I-Group's Mayaguana project, paving the way for a $24-$32 million investment in the development's first phase.
PHA Signs Industrial Agreement with the BPSU
January 23, 2023
PHA Signs Industrial Agreement with the BPSU
The Public Hospitals Authority (PHA) signed an Industrial Agreement with the Bahamas Public Services Union (BPSU) at the Office of the Prime Minister on Monday, January 23, 2023.
June 20, 2019
Global Ports Holding Gains Downtown and Festival Place Stakeholders Support
Executives of Global Ports Holding (GPH) hosted a series of government-endorsed stakeholder meetings recently to discuss...
July 22, 2013
BAIC: 'Aggressive' initiative leads to rise in rent payments
The Bahamas Agricultural and Industrial Corporation (BAIC) has seen a nearly 50 percent increase in rent collections following an "aggressive" eviction initiative, according to its executive chairman.
Arnold Forbes revealed to Guardian Business that the corporation has seen quite an increase in collections both in the park and its facility on Paradise Island...
The looming financial earthquake, pt. 1
June 17, 2013
The looming financial earthquake, pt. 1
"Switzerland is a country where very few things begin, but many things end."
- F. Scott Fitzgerald
For centuries, Switzerland has basked in the radiance of its pre-eminence as a powerhouse of precision, reflected in its superlative chocolates, its world-renowned and impeccably crafted timepieces and its incomparable banking industry. Over the centuries, the Swiss have become bankers to the wo...
Report: Bahamas Most Visited by U.S. elite
May 02, 2013
Report: Bahamas Most Visited by U.S. elite
A new study measuring the most affluent families in the United States found The Bahamas to be their most visited island destination.
However, this country ranked 10th out of island destinations that wealthy Americans would like to visit.
April 25, 2013
American World Clinics Executive Wrap-up Positive Meetings in The Bahamas
NASSAU, Bahamas ? President of American World Clinics (AWC) Robert Priddy ended high-level meetings in Grand Bahama and New Providence last week, with talks focused on the best island to fit a proposed $200 million-plus medical tourism facility.
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