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Reforms to boost financial services industry flexibility

Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.

Union gives BPL 30 days to address concerns

THE union representing electrical workers has given Bahamas Power and Light (BPL) a 30-day ultimatum to address their concerns related to hazardous pay, pension and medical benefits, among other issues.

University offers mental health qualification

THE University of The Bahamas said it would offer a master’s programme in mental health and school counselling, “areas where there is a clear and present need”.

‘Historic first’: Dionisio teams with Sir Franklyn

Sir Franklyn Wilson yesterday hailed as an “historic first” the involvement of two former tourism ministers as investors in a project aiming to become “the Bahamian destination of choice for the most discerning” traveller.

BPL: From ‘dramatic savings’ to sky-high bills in three years

Bahamas Power & Light (BPL) has gone from “dramatic savings” on its fuel costs that have been hailed by the Inter-American Development Bank (IDB) to sky-high electricity bills in just three years.

EU backlist threat to storm claims payouts

The Attorney General yesterday warned that European reinsurers could withhold up to 25 percent of claims payouts for hurricane victims unless The Bahamas escapes the continent’s tax blacklist.

FTX chief targets Bahamas property ‘misappropriation’

FTX’s founder and two of his closest associates were last night accused of “misappropriating” some $4.86m of client monies to acquire high-end Bahamian real estate that they subsequently put in their personal names.

Executive joins Bonefish and Tarpon Trust Board

A SENIOR Atlantis executive has joined the Bonefish and Tarpon Trust as a board member

Iconic Nassau business at centre of legal battle

A legal battle has erupted among one of Nassau’s most prominent families that centres on a long-standing Bahamian business with a corporate history dating back 60 years to before Majority Rule.

VICTORY AND DEFEAT MARK OPENING DAY: Bahamas’ 12U team beats Cayman Islands, loses to Cuba on day one

Team Bahamas’ 12-and under (12U) baseball club earned a win and loss on day one of the Babe Ruth Caribbean Region Championships.

CARIFTA Triathlon set for Nassau in August

THE Bahamas Triathlon Association (BTA) is delighted to announce that they have successfully won the bid to host the highly anticipated CARIFTA Triathlon Championships.

Pro basketballer Jaraun surprises the children at X-treme Athletics camp

BAHAMIAN professional player Jaraun “Kino” Burrows made the summer kids smile at the X-treme Athletics basketball camp after he not only paid them a visit, but trained and played in a scrimmage game with them.

Excitement builds for ‘Peace on da Streets’ Basketball Classic

THE 27th edition of the Michael “Scooter” Reid Peace on Da Streets Basketball Classic returns to a new Hope Community Center basketball court next week Monday.

Temperature rise poses additional threat to sensitive coral reefs

CLIMATE change is causing heat that threatens the existence of coral reefs in the Bahamas.

EDITORIAL: Govt avoidance of answer on irregularities telling

IT IS worth noting the defensiveness currently taking place over the Chinese workers who were released from custody after the intervention of Immigration Minister Keith Bell despite irregularities in their status.

As illicit fentanyl is rising experts hope to prevent a crisis in The Bahamas

AS illicit fentanyl use rises in The Bahamas, experts hope to prevent a crisis.

Fund ‘first’ targeting $100m in five years

A Bahamian investment bank yesterday unveiled ambitions to “make a massive difference” for the economy by growing the country’s ‘first-ever’ private equity fund to $100m within five years.

Vendors voice cruise port fears despite rent waiver

Nassau Cruise Port yesterday said it had waived the first year’s rent for its marketplace tenants to help grow their businesses after several complained about the cost and lease terms they must sign up to.

Food prices to ‘never return to pre-COVID’

The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”

Investor’s $2.2m San Sal hotel claim ‘unenforceable’

A US investor’s $2.239m claim against the family owners of a well-known San Salvador resort has been branded as “unenforceable” by a Supreme Court judge and rejected in its entirety.

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