NASSAU, BAHAMAS — ArawakX executives say that more emphasis needs to be placed on foreign portfolio investment (FPI) which allows foreigners to invest in local companies. ArawakX executives say this could supplement foreign direct investment (FDI) and directly add to this nation’s foreign reserves. With the change in the investment landscape in the United States […]
Tag: www.ewnews.com
Letter to the Editor: The way forward for the FNM in 2023
Dear Editor, It’s been a while since I was able to write about our dear party, an organization I have been a supporter of my whole life. Ailments stilled me these past few months, but I’m on the mend and feeling even more urgency to wake our party from its sleepwalking. I fear for our […]
REGIONAL THREAT: PM calls for Haitian-led solutions amid uptick in ‘dangerous’ migration
NASSAU, BAHAMAS — Prime Minister Philip Davis yesterday warned regional leaders the crisis in Haiti poses substantial threats to The Bahamas and neighboring countries due to the significant increase in “irregular and often dangerous” migration. Davis made the remarks during his intervention at the opening session of the Heads of Summit meeting of the Community […]
Entrepreneur demands answers over status of RCL’s Paradise Island project
NASSAU, BAHAMAS — A Bahamian entrepreneur yesterday urged Royal Caribbean to publicly indicate whether they have scaled back on their plans for a multi-billion beach club project on Paradise Island. Toby Smith, principal of Paradise Island Lighthouse & Beach Club company, expressed optimism over a positive resolution to his long-running battle regarding his Crown land […]
BTC Independent technicians demand meeting over contract agreements
NASSAU, BAHAMAS — Angry BTC contract technicians yesterday demanded a seat with the CEO to voice concerns about a contract that they claim was revised without their consultation. Within the former agreement, members were allowed a one-year contract that was decreased to a six-month period. Martin Clarke, a spokesman for the group, stated that the […]
Former minister calls for aggressive action on immigration issue
NASSAU, BAHAMAS —A former Immigration minister yesterday called for aggressive action to deal with the country’s long-standing immigration issues that he contends have gotten progressively worse. Branville McCartney, a former State Minister for Immigration and former Democratic National Alliance (DNA) leader said: “This is an issue that has been around a long time but it […]
Court of Appeal finds that judge wrong to threaten insurance agent over legal costs award
NASSAU, BAHAMAS — The Court of Appeal has determined that a Supreme Court judge erred when she informed an insurance agent that her bill for her legal costs against her former employer was too high and that she could get less upon taxation by the court if she did not accept the judge’s $60,000 award. […]