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Construction’s fears on ‘bread and butter’
The Bahamian Contractors Association’s (BCA) president has voiced fears that construction’s “bread and butter” will be undermined if the declining trend in mortgage loan approvals persists.
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Accountants urged one-year Business Licence audit delay
Bahamian accountants had urged the Government to delay the Business Licence audit requirement for firms with an annual turnover of $5m or more by one year, it was revealed last night.
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Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
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Saunders demanded $3,000 to start a new life – moments before he was shot dead
A BISHOP testified yesterday that Ishido Saunders showed up to the Golden Gates Assembly Church in 2022 and demanded $3,000 from him to start a new life before police fatally shot him.
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Pintard says Bannister is diminishing credibility
FREE National Movement leader Michael Pintard said Desmond Bannister’s comments about the FNM’s need for a convention are disappointing, adding that the former deputy prime minister addressed the matter in an unfortunate way.
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PM: HATE ATTACK ‘NOT TOLERATED’ – Davis condemns ‘assault’ of trans woman – as US Embassy calls for a full investigation
PRIME Minister Philip “Brave” Davis yesterday condemned the alleged attack on a transgender woman at a club on West Bay Street over the weekend. The US Embassy in Nassau said it expects a full investigation into the claims.
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SHOCKERS WIN TITLE: Xavier’s Lower School Giants tie series 1-1
The Sts Francis and Joseph School Shockers’ boys swept the Xavier’s Lower School Giants 2-0 in the Catholic Board of Education Primary Schools Championships to become the 2023 champions yesterday at Loyola Hall.
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BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
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President of Boxing Federation Vincent Strachan off to Congress
VINCENT Strachan, president of the Boxing Federation of the Bahamas, left town on Tuesday for the International Boxing Association Ordinary Congress in Dubai, UAE. Strachan is slated to return December 10.
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Further reforms ‘will ensure we are off’ EU and OECD blacklists
The Bahamas has been forced to change its economic substance reporting laws twice within a year “to ensure that we are off” the OECD and EU blacklists, the Prime Minister said yesterday.
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Bahamas moves to block loss of investment funds
The Prime Minister yesterday unveiled reforms to a package of financial services laws in a bid to prevent The Bahamas losing “a material amount” of investment funds to Brazilian tax law changes.
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RBC customers hit by ‘skimming’ fraud
Royal Bank of Canada (RBC) yesterday confirmed that “a number” of its Bahamian customers have fallen victim to fraud and loss after their Visa cards were exposed to a ‘skimming’ attack.
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Stranded passengers may get distressed rate for hotel stay
PASSENGERS who find themselves stranded at Lynden Pindling International Airport due to unexpected circumstances may be given a helping hand as part of discussions between Nassau Airport Development (NAD) and hotels.
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Distillery unveils limited edition rum to mark 50th independence
John Watling’s Distillery has unveiled the limited release of its Bullion rum to commemorate both its tenth birthday and the 50th anniversary of Bahamian independence.
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Govt invests $37k in national school farming initiative
THE Ministry of Agriculture and Marine Resources has invested over $37,000 to launch a national school farming initiative.
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IMF report response blasted as ‘embarrassing if not so serious’
The Government and Opposition responses to the International Monetary Fund’s (IMF) report on The Bahamas “would be embarrassing if it wasn’t such a serious matter,” a financial observer has blasted.
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Business Licence full audit ‘screams you don’t trust us’
The Government’s enhanced Business Licence verification regime “screams that you don’t trust us” to pay all due fees, the Bahamas Motor Dealers Association’s (BMDA) president argued yesterday.
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Briland ‘won’t have a product to sell’ if energy woes persist
Briland resorts and property managers yesterday warned “we won’t have a product to sell if this continues” after the high-end tourism destination was hit by a third successive week of power and utility outages.
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National debt shrinks $77m in third quarter
The Bahamas’ national debt shrank by almost $77m during the 2023 third quarter but this proved insufficient to reverse the total $400m-plus growth incurred over the prior 12 months, it was revealed yesterday.
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Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
