$118m Bahamian funds ‘well positioned to ride out chaos’
A Bahamian investment bank is reassuring local investors with up to $118m in exposure to the Trump-induced global markets turmoil that their investments are “well-positioned to ride out the chaos”.
BPL ‘came to their senses’ by ditching $600k payout appeal
A former Bahamas Power & Light (BPL) executive director says he is glad the utility “came to their senses” by abandoning its bid to overturn his near-$600,000 termination payout award.
PI Crown Land fight receives final Privy Council go-ahead
The Bahamian entrepreneur aiming to restore Paradise Island’s lighthouse yesterday said he feels “a lot more confident” of winning his lease battle with the Government after getting final Privy Council go-ahead.
AML Foods denies blaze started in generator area
AML Foods yesterday denied reports that Monday’s blaze, which “completely” destroyed both its Solomon’s Old Trail and Cost Right Nassau locations, originated in the former store’s generator room.
Space X landings halted for environmental study
The Deputy Prime Minister yesterday revealed that Space X will not be conducting any further landings in The Bahamas until a full Environmental Impact Assessment (EIA) has been completed.
Space debris from three extra operators recovered
The Deputy Prime Minister yesterday said space debris from three other operators besides SpaceX was found in The Bahamas during clean-up following the March 6 explosion of the latter’s Starship 8 rocket.
‘Mediocre’ Bahamasair service must improve for baggage fees
Despite rising baggage fees, Bahamians yesterday pledged to remain loyal to the national flag carrier while asserting that it is now simply doing what other airlines have been doing for years.
Firefighters bring bush fires on Abaco and Eleuthera under control
FIREFIGHTERS responded to separate bush fires in Eleuthera and Abaco yesterday, with police confirming that both blazes were contained and posed no threat to homes or businesses.
One-year jail sentence for housebreaking
A MAN was sentenced to one year in prison after admitting to breaking into a home in Tropical Gardens last month.
Three employees of passport office accused of helping three obtain forged passports
THREE employees of the Passport Office allegedly helped three men obtain forged Bahamian passports last October.
Man accused of setting fire at old police station
A MAN was sent to prison after being accused of setting fire to the old Central Police Station Enquiries Department last week.
Man denied bail for armed robbery charge while on bail for rape accusation
A MAN with a pending rape charge was denied bail for an armed robbery he allegedly committed while on release awaiting trial last year.
Securities Commission meets with Police Chief and her team touting need for cooperation
POLICE Commissioner Shanta Knowles and her executive team met with Securities Commission Chairman Justice K Neville Adderley and Executive Director Christina Rolle during a courtesy call –– but officials did not take questions from the invited members of the press.
Bahamians warned of heightened US security including searches of electronic devices
BAHAMIANS travelling to the United States should brace for heightened border scrutiny, including potential searches of personal electronic devices, according to a new advisory from the Ministry of Foreign Affairs.
Original board of directors of Lucayan Towers South Condominium win Supreme Court decision
A SUPREME Court judge has ruled in favour of a group of directors in a long-running dispute over control of the Lucayan Towers South Condominium Association, ordering rivals who usurped authority of the complex to repay over $112,000 in maintenance funds used for personal legal fees and other unauthorised expenses.
Officials of SpaceX could not confirm cost of rocket debris clean-up
OFFICIALS of SpaceX were unable to confirm yesterday how much the company has spent on clean-up efforts in The Bahamas after its Starship rocket exploded in March, scattering around 400 pounds of debris near Ragged Island.
FNM slams PM’s flip on drug case
THE Free National Movement yesterday criticised Prime Minister Philip “Brave” Davis for what it called a dramatic shift in how he characterises a major US drug trafficking indictment implicating Bahamian law enforcement officials.
Solomon’s and Cost Right ‘completely destroyed’ in fire
AML Foods Limited confirmed that its Solomon’s Old Trail and Cost Right Nassau locations were completely destroyed in the massive fire that engulfed parts of the Hyacinth Stuart Building and surrounding commercial properties on Monday.
Bahama Grill: Ministry hurting our business
THE owner of Bahama Grill is demanding public clarification from health authorities, accusing the Ministry of Health and Wellness of fuelling damaging speculation about his restaurant by issuing a vague statement amid viral social media claims and not providing an update.
SpaceX landings in Bahamas paused pending EIA and post-launch report
ALTHOUGH SpaceX had hoped to resume booster landings in The Bahamas soon, the government said yesterday that no future landings would be permitted until the company completes a full environmental impact assessment (EIA) and submits a post-launch report on the historic Falcon 9 landing that occurred in February.
