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Inflation hits lowest annual increase since early 2021
INFLATION continued to slowly moderate in October 2023 with the trailing 12-month increase of 2 percent at its lowest level for more than two-and-a-half years.
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Law firm unveils four promotions
A BAHAMIAN law firm has promoted two attorneys to senior associates while confirming another duo as associates after they completed their pupillage.
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Security firms hope for spike in January
SECURITY firms yesterday said they are hoping for a spike in business during the typically-slower January due to the skyrocketing murder rate and increased fear of crime.
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Bahamians told no visa is needed for UK travel
THE British High Com- mission yesterday advised that Bahamians do not have to fill out Electronic Travel Authorisations (ETAs) to enter the UK contrary to what a widely-circulated video is claiming.
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Gov’t to protect casual worker on NIB rate rise
A CABINET minister yesterday said the Government is seeking to prevent casual and part- time workers from being “disenfranchised” through the upcoming National Insurance Board (NIB) rate increase.
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FTX’s GoldWynn condos to be ‘absorbed at market value’
THE eight GoldWynn condo units newly-acquired by FTX’s Bahamian liquidators will be “readily absorbed by the market” when put up for sale, the project’s developer predicted yesterday.
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Fishermen ready to protest boat registration fee hikes
A senior fishermen yesterday asserted he has "no intention of paying" a more than eleven-fold increase in boat registration fees with the industry said to be ready to protest in Rawson Square over the hikes.
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FTX liquidators prevent $8m GoldWynn 'forfeit'
FTX's Bahamian liquidators prevented a near-$8m loss by completing the acquisition of eight condo units in the GoldWynn development at Goodman's Bay, it has been revealed.
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Tourism chief ‘doesn’t see’ US crime travel advisory
The Bahamas is not presently in danger of suffering a US travel advisory over the recent murder spike, a senior hotelier asserted yesterday, adding that it was not yet "a major concern for tourism.
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Commission 'content' to hand over $426m FTX digital assets
The Securities Commission plans to seek Supreme Court approval to transfer some $426m worth of digital assets it is safeguarding into the care of the liquidators for FTX's Bahamian subsidiary.
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FTX Bahamas: ‘Best deal to avoid asset extinction’
FTX’s Bahamian liquidators are asserting the settlement with their US adversary “represents the best deal” possible given that lengthy legal battles would slash creditor recoveries “possibly to extinction”.
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FAMILY IS LEFT TO SLEEP ON GROUND: Mom and six kids left homeless as demolitions resume
ROSELYN and her six children slept outside on the ground on Monday after their home was demolished in the unregulated All Saints Way community.
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Chamber chief unaware of Freeport investor deterrent
Grand Bahama’s Chamber of Commerce president says he is unaware of investors being deterred from coming to Freeport despite the “rather cumbersome” approvals process.
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Accounting urged over road repair cancellation
A South Andros businessman yesterday called for an accounting to determine how much taxpayer money has been wasted through the cancellation of a multi-million dollar road repair contract.
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Social spending better than price controls on living cost
The Government’s former top financial official yesterday argued that increased social spending would better help Bahamians struggling with the cost of living crisis than the imposition of price controls.
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GB Chamber chief optimistic PharmaChem will ‘rise again’
Grand Bahama’s Chamber of Commerce president yesterday said he is optimistic that PharmaChem Technologies’ plant will “rise again” as the company now begins its winding-up
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Call for Elisha Obed to be remembered
WITH the Ministry of Education putting a little more focus on Bahamian history being taught in the high school curriculum, Wellington Miller is calling for a renewed sensitisation of the students to the achievements of so many great sporting icons, including former world boxing champion Oswald ‘Elisha Obed’ Ferguson.
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Call for Elisha Obed to be remembered
WITH the Ministry of Education putting a little more focus on Bahamian history being taught in the high school curriculum, Wellington Miller is calling for a renewed sensitisation of the students to the achievements of so many great sporting icons, including former world boxing champion Oswald ‘Elisha Obed’ Ferguson.
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FACE TO FACE: Betty Morley – teaching and reaching the hearts of future generations
BEATRICE Elizabeth Morley, better known as Betty, has been teaching for most of her life. She has poured her heart into instilling education, good morals and a sense of self worth in thousands of children over decades, in The Bahamas, the USA, and in Africa.
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Pia Glover-Rolle certifies BPSU election overturning registrar’s decision not to
PUBLIC Services Minister Pia Glover-Rolle has certified the September results of a Bahamas Public Services Union (BPSU) election, overturning the decision of the registrar of trade unions, who declined to certify the results because of alleged irregularities in the voting process.
