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ArawakX blames BOB ‘mislabel’ for fund commingling allegation
The Bahamas’ first-ever crowdfunding platform is alleging that the “mislabeling” of its accounts by a BISX-listed bank created the “prejudicial impression” that it was commingling investor/client funds with its own.
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Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
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Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team
UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.
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Jazz hits his 19th home run of the season
PITTSBURGH (AP) — The Miami Marlins’ improbable September push will carry into October.
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Bahamas Striping and MOW partner with local contractors for Eleuthera clean-up effort
THE Ministry of Works and the Bahamas Striping Group of Companies have partnered with 20 Eleuthera contractors to begin an island-wide clean-up campaign.
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Sebas e-commerce platform launches courier services
The e-commerce provider owned by Sebas Bastian and his partners has confirmed its expansion into freight forwarding services via a sales tax-free US address.
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DEREK SMITH: How to combat threats to corporate reputation
One of the most significant threats to a company’s long-term viability is reputation risk. This is often referred to as the risk stemming from negative public perceptions. The consequences of a tarnished reputation can be severe and lasting, regardless of how well a company performs in other risk management areas.
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The price of life
ActivTrades
Who wants to live for ever? And how long will I live? If you want to know this, you should have your telomeres examined. These are the sequences at the end of the chromosomes. And the longer the telomeres are, the longer the lifespan. For this discovery, Elizabeth Blackburn, Carol W. Greider and Jack Szostak received the Nobel Prize in Medicine in 2009.
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Clubs & Societies: September 29, 2023
On Monday, September 8, the Kiwanis Club of Over-The-Hill continued its annual scholarship donation of $2,000 to BTVI’s scholarship fund. Initially, our focus was the Old Bight High School graduates and active Key Club members on Cat Island. We have since opened the scholarship to any eligible Family Island High School graduates.
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Wynn agrees to ‘quashing’ first penthouse approvals
The developer of a 14-storey Goodman’s Bay penthouse complex has restarted its bid for planning permission after agreeing that the initial approvals granted to the project should be “quashed”.
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Corporate income tax for Bahamas ‘mammoth task’
A leading Bermuda accountant yesterday warned The Bahamas that implementing a corporate income tax regime is a “mammoth task” that should not be underestimated.
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Bahamas Dragon Boat Festival this weekend
As the fastest growing sport in the Bahamas, Dr Christine Chin said she’s confident that the second annual Bahamas Dragon Boat Festival will encourage more Bahamians to get involved.
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Abaco resort eyes ‘break even’ 5% rate increase
The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.
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‘TOURISTS TOLD TO STAY AWAY’ . . . but cruise denies passengers advised to avoid Port Lucaya
CARNIVAL Cruise Line has denied discouraging its passengers from visiting the Port Lucaya Marketplace in Freeport after vendors alleged the cruise ship is steering guests away from the area because of safety concerns.
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Ayton traded to the Trail Blazers
Centre Deandre Ayton, who was embroiled in contract talks with the Phoenix Suns and a heated clash with former head coach Monty Williams, has been traded to Portland, becoming the second Bahamian to play for the Trail Blazers.
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British Colonial receives 400 manager applicants
Some 400 persons yesterday applied for managerial posts at the re-opening British Colonial with the property targeting a workforce that is 95 percent Bahamian.
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Bahamians were more interested in ‘socialising’ than digital training
Bahamians were initially more interested in socialising than learning new technology-related skills deemed vital to prospering in the 21st century’s digital-driven economy, a report has revealed.
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BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.
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NYGARD SEX CRIME COURT CASE BEGINS: Bahamians among the alleged victims of sexual assaults
THE sex crimes trial of Peter Nygard - a former long-time resident of Lyford Cay - began in Canada yesterday, two years after prosecutors in North America began accusing him of brazen attacks in multiple countries across several decades.