‘Dirty power’ danger worsens Superwash’s 47.5% cost hike
Superwash’s principal yesterday asserted that the “dirty power” produced in The Bahamas is just as great a threat to business stability as last year’s 47.5 percent increase in electricity costs.
Prosecutors attack FTX Bahamas chief’s claim to be ‘whistleblower’
US prosecutors have downplayed the whistleblower role performed by FTX’s former Bahamas head in demanding that he be sentenced to up to seven years’ in prison.
Mangrove Cay, Eleuthera hit by weekend BPL woes
Regulators yesterday said they are seeking to gain “a deeper understanding” of what caused Bahamas Power & Light’s (BPL) holiday weekend woes that were not confined just to New Providence.
Gov’t sticks to fiscal target as $215m FDI beats pre-COVID
The Government says foreign direct investment (FDI) inflows are now “substantially” above pre-COVID trends at $215m while sticking to its original target of slashing this year’s fiscal deficit by 75 percent.
Pharmacy sector at odds over medical marijuana
THE body that regulates the Bahamian pharmaceutical industry yesterday appeared at odds with the association that represents its members over how widely the latter was consulted on the marijuana reforms.
Bran slams ‘absurdity’ of medical marijuana plans
The Democratic National Alliance’s (DNA) ex-leader yesterday slammed planned legal reforms for the distribution of medical marijuana as “an absurdity” and warned they could endanger patient lives.
Five-star Banyan Tree in Bimini project’s revival
A five-star resort brand will manage the hotel and rental programme for a multi-million dollar development targeted at Bimini, it was revealed yesterday.
BTC readies to consolidate mobile network to 4G only
The Bahamas Telecommunications Company (BTC) yesterday unveiled plans to improve its mobile network by consolidating all spectrum used by consumers into 4G (fourth generation) technology.
Water Corp completes Prince Charles repairs
The Water and Sewerage Corporation (WSC) yesterday confirmed it has completed repairs to the ruptured main water line on Prince Charles Drive that left hundreds without water at the weekend.
Provider’s digital solution to staying NIB compliant
Bahamian companies should employ digital and human resources software to ensure they stay compliant with National Insurance Board (NIB) obligations, IT executives are urging.
Pharmacist chief hits out on ‘catastrophic’ marijuana Bills
The Bahamas Pharmaceutical Association’s (BPA) president yesterday accused the Government of making “catastrophic changes” via the medical marijuana Bills that will cause the profession’s “downfall”.
Marijuana co-chair’s fear on enforcement ‘black market’
The co-chair of the Government-appointed commission that examined legalising medical marijuana yesterday voiced fears that weak enforcement could spur creation of “a black market”.
FTX Bahamas creditors given claims extension
FTX’s Bahamian liquidators have told creditors that they will likely have an extra 10-12 weeks until at least end-July to submit proof of what the imploded crypto exchange owes them.
‘There’s no hospital without physicians”
More than half of surveyed doctors feel the new $290m hospital is not “fiscally sound”, the Medical Association of The Bahamas (MAB) president said yesterday, as she warned: “There’s no hospital without the physicians.”
Bahamian whistleblower survives latest strike-out
A Bahamian whistleblower and his 11,000 e-mail haul this week survived the latest bid by a former Nassau-based broker/dealer’s principal to have them struck out as trial evidence.
