Twenty-one employees were terminated from the multi-million dollar luxury Bimini Bay Resort due to low occupancy levels.
Monthly Archives: September 2010
After intense negotiations between Baha Mar and the Scotiabank lenders an agreement on the broad parameters has been reached for the settlement of the outstanding $200 million loan.
The Baha Mar development is viewed by many as a vital project for the revitalisation of the Bahamian economy, however, the prime minister stated that “Baha Mar is no saviour” as there are still major challenges to be faced.
Over 400 guests gathered for a sold-out fashion show at NYGÅRD’s flagship NYGÅRD Fashion store at 1626 Kenaston Blvd, WPG, MB this past Friday night.
Multiple locations for early voter registration will help to expedite the process. Additionally, registration personnel have been “well-trained and well-prepared,” which is expected to increase accuracy and efficiency.
Minister of Youth, Sports and Culture Charles Maynard presented seed funding to the Junkanoo groups and participants in the upcoming 2010 parades.
Due to Baha Mar’s outstanding loan with the Bank of Nova Scotia the government of the Bahamas has temporarily halted the resolution debate regarding the work permits for the $2.6 billion Cable Beach project.
Veteran business leaders Joan Albury and Pastor Silbert Mills are at the top of the list of Visionary Award honourees to be recognized at the upcoming 2010 Visionary Business Leaders and Entrepreneurs Awards Conference.
Registration Centres will be opened at convenient locations throughout the Bahamas beginning October 4, 2010 in preparation for the Early National Voter Registration Drive.