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INSIGHT: How would the Alfred Sears of yesterday judge his actions today?
THE story of Alfred Sears and his slow steps toward admitting that he had indeed misled Parliament is a curious one.
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Bahamasair targeting $2m bulk cargo boost
Bahamasair is targeting an initial $2m annual revenue boost from launching bulk cargo services, it has been revealed, with the number of passengers transported in 2022 set to almost double year-over-year.
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Fair share: Hotel rental unit tax not in effect yet
A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.
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‘Banner year’: Resorts beat revenue target by 10% pts
Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.
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Mitchell condemns BPSU for ‘disrespectful’ action
PUBLIC Service Minister Fred Mitchell has condemned the actions taken by members of the Bahamas Public Service Union (BPSU) at the House of Assembly last week, saying it was “unnecessary and disrespectful” for the union to confront acting Prime Minister Chester Cooper on the steps outside Parliament in a hostile fashion.
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FNM: Sears throwing PM under bus
FREE National Movement leader Michael Pintard accused Minister of Works Alfred Sears of throwing Prime Minister Philip Davis “under the bus” on the Bahamas Power and Light fuel hedging controversy.
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Bankman-Fried: We tried to do right by regulators
FTX founder Sam Bankman-Fried yesterday denied claims of the company being non-compliant with the country’s digital assets regulations, insisting his team had spent an enormous amount of time “on regulations and compliance”.
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FTX LIQUIDATOR IS FROZEN OUT: Access to company records blocked – and documents could be lost forever
The joint provisional liquidators for FTX’s Bahamian subsidiary have revealed a month-long block on access to the company’s records is “frustrating” their efforts to secure and protect assets.
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Bahamas 4th overall
CARIBBEAN BASEBALL CUP
Team Bahamas finished the 2022 Caribbean Baseball Cup in fourth place and missed out on an opportunity to qualify for the 2023 Central American and Caribbean Games.
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5th Don’t Blink Home Run Derby in Paradise begins on Wednesday
ONE of the mainstays on the sports tourism calendar, the Don’t Blink Home Run Derby In Paradise is set to begin its week of festivities for its fifth edition.
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Ayton has 28 points, 12 rebounds in 129-124 loss to Pelicans in overtime
THE Phoenix Suns are mired in a losing streak, but Deandre Ayton continues to enjoy one of his best statistical stretches for the season.
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Baha Mar Cup brings star tennis players to Bahamas
THE island nation’s most decorated tennis player brought the Baha Mar Cup back to the Bahamas for a third time with a line-up of some of the most accomplished male and female players in the world to the Baha Mar Tennis Club over the weekend.
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BPL fuel charge hike to recover $76m cost
BAHAMAS Power & Light (BPL) is hiking its fuel charge to recover $76m in costs that it failed to pass on to customers after the late 2021 oil purchases designed to underpin its hedging strategy were not executed.
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Nassau/PI hotels enjoying 136% room revenue jump
ROOM revenues for Nassau/Paradise Island hotels have increased by 136 percent year-over-year in 2022, it has been revealed, with non-US source markets also producing triple digit percentage increases in visitors.
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Baha Mar’s Xmas bookings up 40%
BAHA Mar’s booking pace for the Christmas and New Year period is some 40 percent ahead of 2021 comparatives, a senior executive has revealed, with group bookings for 2023 up by 33 percent.
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Two shot dead off West Bay Street
A MAN in his early 20s and a teenage boy who was out on bail were shot dead on Friday morning when they were ambushed by gunmen in a parking lot on Ferguson Road off West Bay Street.
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EDITORIAL: Will Alfred Sears follow tradition and resign?
ALFRED Sears misled Parliament. It has taken some time to reach the moment when the Minister of Works and Utilities has admitted that fact. The matter is simple.
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‘Disappointed’ in Eleuthera water firm
WATER and Sewerage chairman Sylvanus Petty expressed his disappointment with Aqua Design, the company contracted by the government to provide water to Central Eleuthera due to the repeated disruptions in supply.
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‘New farming model’ to aid 57,000 trapped in poverty
A “new food production model” will aid up to 57,000 poverty-stricken Bahamians through the location of ten hydroponic container farms “in poor and vulnerable communities”, it has been revealed.
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Bahamian bank, chair under US senate scrutiny on FTX
A Bahamian bank and trust company, and its chairman, are coming under increasing scrutiny by US senators over their links to FTX and other entities owned by the collapsed crypto currency exchange’s founder, Sam Bankman-Fried.
