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$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
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New fly fishing regime may hit 90% of market
The Bahamas’ new fly fishing regulations could drive away 90 per cent of visiting anglers, research has shown, with affecting a market of “major significance” that generates almost 10 per cent of this nation’s stopover visitors.
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Realtor targets ‘perfect property’ via digital push
A Bahamian real estate firm believes digital marketing will bring more “bang for the buck” as it launches an initiative aimed at helping 200 buyers find their “perfect property”.
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Jones named in tournament team
In his final season of prep basketball before his progression to the collegiate ranks, Kai Jones continues to build on his skillset and earn accolades.
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BTC broke law on exclusive phone card agreements
The Bahamas Telecommunications Company (BTC) was yesterday fined $243,442 after regulators determined its ‘exclusive’ phone card supply agreements broke the law, excluding rivals from up to 60 per cent of the market.
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Clubs & Societies October 20th, 2023
The Bahamas Down Syn- drome Association is to hold a buddy walk-fest on Saturday, October 21, from 8am to noon.
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BUSINESS BITES: Two Huberts with different visions
The disputed future of the Grand Lucaya Hotel complex is more than a business debate. It could well mark the opening political shot for control of the FNM. Incumbent Prime Minster Hubert Minnis and predecessor Hubert Ingraham have each visibly tied his flag to a radically different solution for the hotel’s continued viability - and the future of Grand Bahama.
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Just $1m small business COVID relief to distribute
The Prime Minister yesterday said the Small Business Development Centre (SBDC) has just $1m of COVID-19 relief funding that remains to be distributed to successful applicants.
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Dames: We must identify the causes of crime
MINISTER of National Security Marvin Dames recently said that over the past decade, escalating crime and violence numbers have presented challenges to the economic and social development of The Bahamas.“Much of the violence and crime that we are seei
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Kings exercise team option on Buddy Hield
BUDDY Hield has increased his scoring and productivity with back-to-back 20-point games and the Sacramento Kings exercised the team option on the third-year guard.
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TA Thompson teachers sit out over state of school
THE majority of teachers at T A Thompson Junior High School staged a sit out at the school yesterday over inadequate working conditions.
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‘Ad hoc’ apprenticeship scheme causes concern
The Chamber of Commerce has expressed concern about the “ad hoc” organisation of the Government’s apprenticeship scheme, a key component in a $50 million scheme to improve workforce productivity and employment prospects.
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Majority of 52 week programme workers placed in private sector
Two thirds of the remaining unposted 52 week programme workers in the public service have been successfully placed in the private sector while the remainder are undergoing training.
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Activists fear ‘total decimation’ of PI site by Royal Caribbean
BAHAMIAN environmental activists yesterday reiterated fears that Royal Caribbean’s $100m beach club project will cause “total decimation” of western Paradise Island despite assurances to the contrary.
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‘Banner-breaking’ 38% visitor rise in Eleuthera
Eleuthera has followed a “banner-breaking” December for stopover visitors with a 38 percent year-over-year increase in such arrivals for 2023’s first two months, it was revealed yesterday.
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Cruise port: ‘Omicron not slowed us down’
Nassau Cruise Port’s top executive yesterday said vessel bookings have not been impacted by what he slammed as an “unfair analysis” by US health regulators of the industry’s COVID risk.
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Sports World Ministries coming to Bahamas
SPORTS World Ministries, a nationally known non-profit organisation that sends former professional athletes across the United States to share their personal life experiences and encourage students to make positive choices with a message of hope, is coming to the Bahamas.
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Sands: Medical skill has kept murder count below 200
FORMER FNM Senator Dr Duane Sands said yesterday that were it not for “skilled” nurses and doctors at the Princess Margaret Hospital the murder count for the year “would be 200 by now”.
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Bell: Gang culture to blame for crime
STATE National Security Minister Keith Bell yesterday blamed the country’s crime challenges on a growing gang culture, which was left uncontrolled by the previous Ingraham administration, along with increased numbers of illegal firearms on the streets of the capital.
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Long Island is ‘like nation’s step child’
Long Island feels “like the step child of the Bahamas”, its Chamber of Commerce president yesterday warning an absence of growth and infrastructure is forcing businesses to close down.
