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‘Break down offshore barriers’ to aid SMEs
The Bahamas has been urged “to find creative means” to allow so-called ‘offshore’ financial institutions to participate in the local economy and help narrow an estimated $748m small business “financing gap”.
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Haiti steps in for funeral costs
ACTIVIST Louby Georges said the Haitian government has committed to cover the burial costs of those who perished at sea after their boat capsized in waters off New Providence earlier this week.
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Bodybuilding and Fitness Federation forced to withdraw from CAC
THE Bahamas Bodybuilding and Fitness Federation was forced to cancel all plans for travel and withdrew from the Central American and Caribbean (CAC) Bodybuilding and Fitness Championships.
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Commonwealth Games: Boxers Williams, Hield ready to fight
BIRMINGHAM, England — With their competition expected to start today at the NEC Building, the two-man team of Carl Hield and Rashield Williams both indicated that it’s now or never for them to get through the rounds and ascend the podium.
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Software developer dissuaded from expanding use to arrivals
A Bahamian software developer yesterday said individual Customs officers have discouraged him from submitting a proposal that would save “major time” on entering air arrivals data.
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Saturation and gas prices squeeze trucking market
A Bahamian trucking company owner yesterday said he would have been forced out of business if not for clients who understood his prices must rise to combat higher fuel costs.
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Leaders speak out after killing of four-year-old
THE killing of Kenton Seymour Jr, the four-year-old boy who was hitby a stray bullet on Tuesday, evoked strong emotional reactions from leaders in the political arena as well as members of the public yesterday.
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Fernander pledges ‘aggressive’ approach in tackling crime
Police Commissioner Clayton Fernander yesterday pledged to take an aggressive approach in the fight against crime, with specific focus on tackling gang violence.
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COVID gives Doctors $58m top-line boost
Doctors Hospital has enjoyed a $58m revenue boost from COVID-19, it was revealed yesterday, helping to send net income soaring by 130 percent year-over-year for the 12 months to end-January 2022.
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Tourism ‘market mix’ can beat Fed’s interest hike
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday voiced optimism that “pent-up” travel demand and a high-end “market mix” can sustain the post-COVID rebound despite the Federal Reserve’s latest tightening.
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Bank chief pushes back on non-profits
Bank of The Bahamas’ managing director yesterday asserted it is “absolutely not” correct to accuse the commercial banking industry of seeking to “exclude” non-profit groups and charities from the financial system.
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‘Lil Duval hurt in collision
COMEDIAN Roland Powel, also known as ’Lil Duval, was injured on Tuesday night when a car hit an ATV he was riding.
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Fernander pleads: Help us ID victims
POLICE Commissioner Clayton Fernander made a strong appeal yesterday for family members of deceased victims from Sunday’s boating tragedy to come forward to assist with the identification process, saying they need not fear any arrest or deportation from the police.
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Nygard’s ‘fraudulent’ asset seize exposed
Accusations that Peter Nygard “fraudulently” sought to seize assets he does not own have been exposed by a legal claim against a Bahamian financial services provider involving a once-$40m yacht.
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Capsize captain has smuggling record
THE captain of the vessel that capsized on Sunday had been convicted abroad on several criminal offences related to human smuggling and drug trafficking.
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Water Corp selling 44% more thanks to huge loss reduction
The Water and Sewerage Corporation’s general manager yesterday said the utility is selling 44 percent more water than a decade ago despite a 12 percent production fall-off over the same period.
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PM confirms Rothschild but no debt restructuring
The Prime Minister yesterday said Rothschild and Co will focus on “creating more [fiscal] headroom” for The Bahamas but emphasised this does not involve a restructuring of the country’s $11.8bn national debt.
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ALICIA WALLACE: Blinded to the reality that these are people too for whom many just don’t care
ON Sunday morning, a twin engine vessel with at least 40 passengers capsized near Blackbeard’s Cay. Twenty-five people were rescued and 17 bodies were recovered.
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‘Polluter must pay’ says minister after fuel spill
ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.
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Darville claims COVID vaccine uptake is now increasing
DESPITE a noted drop in vaccination rates over the last several months, Health and Wellness Minister Dr Michael Darville said preliminary data suggests vaccine uptake is now increasing in the country.