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Nation building begins with our children

I WOULD like to share my experience with you and the public about a conversation I had with one of the top inspectors at Physical Planning.

Physical Planning not helpful

I WOULD like to share my experience with you and the public about a conversation I had with one of the top inspectors at Physical Planning.

FTX Bahamas signals fresh Ray ‘progress’

FTX Bahamas’ liquidators and their US adversary yesterday suspended all scheduled legal filings as they bid to resolve their dispute outside the courtroom.

Parking ‘satisfied’: Wynn penthouse project is go

The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.

ArawakX ‘good undeniable’ yet KC confident on full winding-up

ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.

Bahamas broker’s clients: ‘We’ll be left with nothing’

Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.

Bahamas must target 70% cruise visitor ratio

A well-known hotelier says The Bahamas must do a better job on cruise passenger “conversion” and increasing the number of resort rooms if it is to maximise tourism’s economic benefits.

'White hot' Cable Beach development 85% sold

A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.

Supreme Court takes over PharmaChem’s liquidation

The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.

ArawakX full wind-up sealed without a fight

THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.

Nassau Gas chief pledges to fully refund all investors

A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."

Wynn's 300 building jobs to 'far outweigh' environment impacts

A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.

FRONT PORCH: The power of empathy and service to others

“SERVICE is what prayer looks like when it gets up off its knees and walks around the world.” – Fr Michael Graham, SJ.

Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

Undefeated Cybots beat Crimestoppers

WITH the Bahamas Government Departmental Basketball Association (BGDBA) season winding down, the undefeated Bain and Grants Town Cybots dropped the Police Crimestoppers 88-81 this past weekend.

20-member Team Bahamas named for Pan Am Games

TWENTY participants will represent The Bahamas at the Pan American Games in Santiago, Chile following the selection made by the Bahamas Olympic Committee (BOC).

FTX Bahamas: ‘Major progress’ in Ray talks

The Supreme Court will now hear the petition to put FTX’s Bahamian subsidiary into full liquidation on November 6, it has been disclosed, amid “substantial progress” in resolving the dispute with its US arm.

British billionaire and Albany developer Joe Lewis pleads guilty in insider trading case

British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York, saying he knew that sharing nonpublic information about publicly traded companies was wrong and that his crimes have left him "so embarrassed."

Almost 1m referrals to Nassau/PI hotels

A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.

Public sector debt drops $93m during first quarter

Total public sector debt fell by $93m during the first quarter of the 2023-2024 fiscal year, it was disclosed yesterday, cutting it slightly from its June peak as the foreign currency share fell by 1.5 percentage points.

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