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PM: Digital asset ambitions to rebuild financial services
The Prime Minister yesterday said The Bahamas’ ambitions to become a digital assets hub will help it recover financial services activity that has been lost to the “global assault” on international financial centres (IFCs).
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Developer launches used car sales app
A software developer yesterday said it is launching the Bahvee app to make it easier for Bahamians to buy and sell used cars.
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ALICIA WALLACE: Don’t be fooled - youngsters know what’s going on and we need their help to change
LAST week, the Regional Conference of Youth on Climate Change was held at University of The Bahamas, bringing young people from the region together to talk about the climate crisis and the climate action we all need to take.
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Banks and regulator seek to ‘mute’ cheque-end dissent
The Central Bank yesterday removed from its website a document seeking bids for a campaign “to mute” opposition to the elimination of cheques after the language used was questioned by Tribune Business.
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Bahamas tariff model deemed ‘back to front’
The Bahamas’ tariff structure is the reverse of the conventional model applied by most countries to protect domestic producers from foreign competition, the draft National Trade Policy argues.
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Ex-BPL union chief wants 74-month payout restored
A former Bahamas Power & Light (BPL) managerial union chief will today seek permission to appeal a verdict that slashed his “handsome windfall” of $621,000 in termination compensation by more than 75 percent.
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BISX ‘on it’: Exploring carbon credit potential
The Bahamas International Securities Exchange (BISX) is exploring whether to add carbon trading to its business model, its chief executive pledging: “We’re on it.”
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Vaccines for children are on their way
THE Bahamas is expected to receive some 24,000 paediatric doses of COVID-19 vaccines at the end of this month, Health and Wellness Minister Dr Michael Darville said yesterday.
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Officer had ten stitches after halting brutal fight
A HIGH-ranking police officer had to receive several stitches after he intervened in a fight involving a group of men at the Independence Junkanoo parade, National Security Minister Wayne Munroe said yesterday.
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Cutting red tape to new investors
The Bahamas must slash the time required to approve investment projects from “more than 60 days” to seven or less if it is to remain economically competitive and transform a “bureaucratic, onerous and antiquated” process.
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Wentia helps to keep her father Wenty Ford’s legacy alive at baseball camp
SHE was too young to remember the exploits of Wenty Ford as a Major League Baseball pitcher with the Atlanta Braves, but Wentia Ford-Diagne said she’s so glad that there are so many memories of her father that she can still rely on to help keep his legacy alive.
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Retailer’s Independence sales on pace to ‘triple’
A Bahamian retailer yesterday said sales of Independence Day memorabilia are on track to triple year-over-year, with business so strong he has had to “turn some away”.
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‘No impact’ to tourism from US COVID surge
The Bahamian tourism industry has seen “no impact” from the recent rise in COVID-19 cases in the US, a senior hotelier said yesterday.
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Aged targets of the drugs industry
Sitting in my family doctors lobby waiting to be seen, I happened to speak with an elderly lady nearby. She was waiting to see the doctor, but had been there previously and told to go buy the medication she would need the doctor to inject her with.
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Miller elated to be on National Honours list
IMMEDIATE past Bahamas Olympic Committee president Wellington Miller said he’s elated to be included with former world boxing champion Everette ‘Elisha Obed’ Ferguson in the list of honourees for the 2022 National Honours.
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PETER YOUNG: From the summit of success to now being shown the door - it’s all over for Boris
“ALL political careers end in failure”. Those were the memorable words of Enoch Powell, who was a leading right-wing Tory, and some say a contrarian and a maverick politician, of the 1960s and beyond. It is a fair bet that some of the older generation in Britain will have recalled this famous dictum when watching Prime Minister Boris Johnson’s resignation statement outside No 10 Downing Street last Thursday as he stood down from what he called “the best job in the world”.
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EDITORIAL: Atlantis goes from up for sale to new investment
THERE has been quite the turnaround at Atlantis – and that’s welcome news.
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‘No victory lap’ as VAT 10% up on pre-COVID
The Ministry of Finance’s top official yesterday said there is “no victory lap yet” despite the Government’s modest $46.2m April surplus due to the continued existence of a likely “substantial tax gap”.
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Judge blasts attorneys over ‘lazy indulgence’
A Supreme Court judge has slammed the “lazy indulgence” of Bahamian attorneys in swearing affidavits containing “material” evidence without knowing the facts because it could “embarrass and prejudice” legal cases.
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Exporters told: Prove no domestic financing
Bahamian exporters must first prove to the Central Bank that they have been rejected by all domestic financing sources before they will be given approval to seek out alternative funding from overseas.
