Young accountants reception
YOUNG accountants who recently completed their degree programme were welcomed into the profession by the …
Airport ‘void’ for 90% of Eleuthera’s investments
Rock Sound airport represents a “void” that needs to be filled given that most major investment projects are happening in Eleuthera’s south, the island’s Chamber of Commerce president warned yesterday.
Former BEC union chief loses $2.6m damage bid
A former Bahamas Electricity Corporation (BEC) union leader has failed to increase the damages and compensation payout for his wrongful dismissal over 20 years ago to almost $2.6m.
Bimini shrugs off rise in Flamingo Air’s prices
Bimini businesses yesterday shrugged off Flamingo Air’s increase in ticket prices to the island as commerce is “booming” and there are multiple other transportation means available.
Bahamasair sick-out ‘couldn’t have been worse’ for its timing
The industrial action that yesterday grounded Bahamasair’s entire fleet “couldn’t have been worse” timed, tourism operators warned, with hundreds of visitors and Bahamians left stranded in the peak travel season.
‘Notable’ corruption surge amid $250m drug seizures
Domestic financial crime threats are “broadening” and “represent substantial areas of concern” after $250m worth of illegal drugs were seized in The Bahamas during the six-year period through 2022.
‘High risk’ clients own over 25% of Bahamas’ accounts
More than one-quarter of all bank accounts held by Bahamas-domiciled international banks and trust companies were beneficially owned by “high risk” clients at year-end 2022, it has been revealed.
Fossil fuel phase-out pact raises oil drilling ban hope
Environmental activists yesterday voiced optimism that the threat of further oil exploration and drilling in this nation’s territorial waters has ceased after The Bahamas joined a pact to phase-out fossil fuel use.
Bay St hotels liquidation threat as court denies CCA appeal
Two major Nassau resorts yesterday faced the renewed threat of liquidation proceedings after a New York court rejected their owner's bid to prevent Sarkis Izmirlian enforcing a $1.642bn damages award.
Balmoral’s $25m hotel appeal ruling labelled ‘win-win’
THE Balmoral Club’s president yesterday hailed the planning appeals Board’s decision to overturn rejection of its $25m condo hotel as “a win-win” for both developer and the community.
Controversial cemetery proposal is dismissed
A SIX-YEAR battle over a controversial 13-acre cemetery proposed for Bernard Road has resulted in the developer’s application being dismissed by the planning authorities.
