New union aims to boost livery drivers’ standards
The newly-formed Bahamas Livery Drivers Union (BLDU) last night said it aims to raise standards across the industry.
Contractors ‘within 30 days’ of licensing legal challenge
BAHAMIAN contractors say they are “within 30 days” of launching Judicial Review proceedings over the Government’s failure to implement the Act and licensing regime designed to regulate the industry.
‘Bizarre’: France, Holland keep Bahamas blacklisted
FINANCIAL and legal executives yesterday slammed The Bahamas’ continued inclusion on national blacklists of European Union (EU) member states as “crazy” and “bizarre” given its recent delisting by that bloc.
‘Desperate need’ to update Securities law
REGULATORS have argued that the main law governing the Bahamian capital markets’ regulatory regime needs to be modernised to account for 13 years of change.
PI Crown Land battle splits Court of Appeal
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse has split the Court of Appeal over his long-running Crown Land lease battle with the Government.
FTX prosecutors push for tougher sentence
US prosecutors are exploiting the $426m transfer of digital assets to the safekeeping of Bahamian regulators to press for a harsher prison sentence for FTX founder Sam Bankman-Fried.
New ideas are needed
ActivTrades
The New York Stock Exchange’s recorded losses at an overall high level last Friday. Data from the US industry sectors was poorly received by investors.
$100m roadworks for Eleuthera revealed
ELEUTHERA is to have $100m spent on it in roadworks, Minister of Works and Family Island Affairs Clay Sweeting announced yesterday.
‘Reimagined’ Bahama Grill to feature 102-room hotel
ERIC Gibson Jr, developer and owner of Bahama Grill on West Bay Street, is seeking approval from the Department of Physical Planning to construct a seven-storey, 102-room hotel complete with a “reimagined” Bahama Grill on the 1.39-acre plot.
Central Bank releases bank fees comparison
A COMPARISON of bank fees has been released by Central Bank - showing costs across financial institutions, principally for transactions related to deposit accounts and the maintenance of credit services.
BAMSI eyes strawberry market
THE Bahamas Agriculture and Marine Science Institute (BAMSI) has ventured into strawberry cultivation, eyeing not only a good market but also the opportunity to train Bahamians in harvesting and grading techniques of the berries, BAMSI Farm Manager Ayrett Lightbourne said.
Sand Dollar option for payroll at Kamalame Cay
PRIVATE island destination Kamalame Cay has turned to digital payments for part of its payroll.
Deyton Albury to enter the NCAA Men’s Division One Basketball Transfer Portal
AFTER producing an outstanding season for the Royals men’s basketball team at Queen’s University where he earned several individual awards, Bahamian guard Deyton Albury has decided to enter the National Collegiate Athletic Association (NCAA) Men’s Division One Basketball Transfer Portal.
$30m facility to help pay for renewable energy
A NEW $30m facility managed by the Bahamas Development Bank will allow business owners to finance renewable energy systems to combat power generation problems, according to Guildan Gilber, vice president of Alternative Power Sources Bahamas.
$1m helping hand just the start for Andros
THE Bahamas Entrepreneurial Venture Fund has contributed about $1m to Andros businesses, according to Edison Sumner.
