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Deltec pleaded Bahamas law breach, poverty over FTX evidence demands

Deltec Bank & Trust pleaded poverty and violations of Bahamian law in a failed bid to block aggrieved former FTX investors from forcing it to provide evidence.

Apprenticeship initiative to impact ‘big numbers’

The planned National Apprenticeship Programme will impact “big numbers” with ambitions to have the first entrants working in the Bahamian maritime industry as early as April/May 2024.

‘Zero’ crime fall-out for cruise numbers

Nassau Cruise Port’s top executive yesterday said he can “guarantee” passenger numbers for the past three days have surpassed prior years to show there has been “zero” impact from recent crime concerns.

‘Sting operations’ net 1,500 pounds of illegal grouper

A senior fisheries official yesterday revealed that “sting operations” over the past three weeks have netted more than 1,500 pounds of Nassau grouper caught illegally out-of-season.

‘No harm’: Private aviation meets ‘bonkers’ prior years

THE Bahamas’ private aviation business was yesterday said to have suffered “no harm” from saturation media coverage of this nation’s crime woes with visitor numbers matching the “bonkers” prior two years.

Bannister: No cap on WSC contract approval

FORMER Works Minister Desmond Bannister testified that the Water and Sewerage Corporation’s (WSC) board was not legally required to refer contracts over $250,000 for ministerial approval during his last day of testimony in the bribery and fraud trial of Long Island MP Adrian Gibson and five others.

Stingers on a mission for another title

ALTHOUGH they basically have a new team, Sunland Baptist Academy Stingers’ head coach Jay Philippe said the mission coming from Grand Bahamian is the same - to win another Hugh Campbell Basketball Classic title.

Over 180 feet of clogged pipes are excavated at Arawak Cay

MORE than 180 feet of clogged pipes have been excavated to-date as part of sewerage upgrades at Arawak Cay, it was revealed yesterday.

CIBC unveils Jet Blue tie-up on card launch

CIBC last night launched its MasterCard credit card partnership with the Jet Blue airline.

Bahamas must feed itself to be ‘truly independent’

A CABINET minister yesterday asserted that The Bahamas can only be “truly independent” if it achieves food security where its citizens are able to feed themselves.

INSIGHT: Causes of crime not new, but deepening – what now?

“Hate multiplies hate, violence multiplies violence, and toughness multiplies toughness in a descending spiral of destruction.” - Martin Luther King, Jr.

Deltec’s ‘secret’ $2bn credit line for FTX ally

A BAHAMIAN bank has been accused of aiding FTX by allegedly “sidestepping” this country’s banking laws, helping to “siphon off” customer funds and providing an up to $2bn “secret” credit line.

Opposition fearing revenue loss on corporate tax delay

THE Opposition’s leader yesterday voiced concern The Bahamas may miss out on significant tax revenues, and lose business, from delays in implementing the 15 percent minimum global corporate tax.

Buyers for FTX’s $256m real estate target 30% discounts

Deal-hunters seeking discounts of up to 30 percent are circling FTX’s $256m Bahamian real estate holdings as local liquidators move to secure realtors who will market 34 properties for sale.

Bahamas set to reach tourism's final frontier

The Bahamas has signed a first-stage agreement with SpaceX, the rocket and spacecraft maker founded by billionaire Elon Musk, which will position it as a destination from which to watch booster landings.

GOVT RULES SET ON CITIZENSHIP DNA – Darville: Details ‘soon’ after ruling by Privy Council

THE Davis administration has finalised its genetic testing protocols for people affected by last year’s landmark Privy Council ruling and will soon release more details about the procedures, Health and Wellness Minister Dr Michael Darville said on Friday.

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