Neil Hartnell

TWO Nassau resorts, and their Bahamian holding entities, are not caught by yesterday’s “last resort” bid from Baha Mar’s contractor to protect its US arm from Sarkis Izmirlian’s “crippling” $1.6bn damages win.

An investigation into whether Bahamas Power & Light’s (BPL) 2022-2023 fuel charge hikes, which soared by 163 percent in just eight months, were legal has been delayed until this year.

Obie Ferguson, president of the Trade Union Congress. Photo: Dante Carrer/Tribune Staff

Bahamian female entrepreneurs generate a greater return on investment than their male counterparts despite accessing on average 42 percent less funding, it has been revealed.

The Bahamian economy and social safety net are set to come under growing “strain” as a result of an increasingly elderly population where more than in four citizens are aged over 60 years old come 2050.

Resorts World Bimini’s minority owner is alleging its Malaysian partner sought to sell the hotel behind its back after realising it could no longer “conceal” the improper dumping of multi-million liabilities on its books.

Two downtown Nassau resorts will not suffer from their owner’s multi-billion dollar legal battle with Sarkis Izmirlian as it is in the “best interests” of all parties that they perform, the FNM’s chairman asserted yesterday.

Cofounder Sam Teicher shows guests the coral growing in open touch tanks at Coral Vita.

Delays to the probe into the legality of Bahamas Power & Light’s (BPL) 2022-2023 fuel tariff hikes, which soared by 163 percent in just eight months, “raise suspicions and concerns”, it was argued yesterday.

Sarkis Izmirlian yesterday blasted Baha Mar’s contractor as “a company fraudulently managed by bad actors” while slamming the bankruptcy protection filing by its US arm as a bid to “evade responsibility for its actions”.