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Deltec chair to SBF: ‘Why in the world?’
Deltec Bank & Trust’s chairman yesterday said his response to Sam Bankman-Fried would be “why in the world” if the embattled FTX founder were to ever contact him.
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Atlantis: We preferred other seaplane sites
Atlantis yesterday said it will swiftly ask the authorities to “reconsider” alternative seaplane landing sites that it prefers to the Montagu Bay option rejected by residents and the boating community alike.
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Bahamas ‘leading from front’ on digital assets
The Attorney General yesterday argued The Bahamas is “leading from the front” on digital assets regulation as he sought to portray the jurisdiction as the ideal domicile for industry providers.
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No ‘Passion’ over Love Beach condo
A former two-time Bahamas Real Estate Association (BREA) president yesterday said it was “too bad” a developer and Love Beach residents “cannot meet half-way” as both sides await a planning appeal’s outcome.
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Atlantis to seek new spot for seaplane operation
ATLANTIS will pursue an alternative location for its desired seaplane operations after residents repudiated their request to establish it in Montagu Bay.
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Jonquel Jones and Liberty in 0-2 hole
LAS VEGAS (AP) — A’ja Wilson scored 26 points, grabbed 15 rebounds and the Las Vegas Aces routed the New York Liberty 104-76 last night to take a 2-0 series lead in the WNBA Finals.
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Jazz Chisholm Little League teams sweep five divisions at 2nd Reloaded Invitational
THE Jazz Chisholm Little League (JCLL) teams took home five division championships at the second edition of the Reloaded Baseball Invitational.
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STATESIDE: Biden facing increasingly challenging issues as elections near
US President Joe Biden’s life and job just got a whole lot more complicated and fraught this week, and on top of that, his stubbornly low popularity ratings in recent months have offered little consolation that he will be rewarded next year with another term in office.
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International link sees UB join forces with Cambridge
AN INTERNATIONAL link-up has seen the University of The Bahamas (UB) partner with the University of Cambridge and the Securities Commission of The Bahamas to provide a Fintech and Innovation programme.
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DARE act has learned lessons from FTX fall
THE DARE act will have to adjust to the inherent risks associated with crypto currency after the collapse of FTX, including dealing with staking and separation of assets, said Christina Rolle, executive director of the Securities Commission of the Bahamas, yesterday.
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Cross-border payments with digital currency ‘next step’
USING digital currency to settle cross-border payments is a “natural progression”, according to Dr Allan Wright, manager at the Central Bank of The Bahamas.
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Fintech can ‘help reach those without banking’
FINTECH can help “promote greater financial inclusion” and provide a banking solution for those without accounts in the region, said Prime Minister Philip “Brave” Davis yesterday.
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Police searching for culprits that stole $80,000 worth of equipment from the Bahamas Red Cross on Monday
A MANHUNT is on for those who robbed the Bahamas Red Cross of nearly $80,000 worth of equipment on Monday.
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Gov’ts health reform: ‘We cannot do it all’
The Opposition’s chairman has backed the Government’s pledge to introduce National Health Insurance’s (NHI) catastrophic care component as “a game changer”, but warned: “We cannot do it all.”
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GB Shipyard’s $600m go-ahead is ‘fantastic’
A hotelier yesterday hailed confirmation that Grand Bahama Shipyard’s $600m dry docks investment is to proceed as “fantastic news” given that the company previously generated up to 40 percent of his annual revenues.
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Atlantis sparks strong opposition over Montagu Bay seaplane bid
An Opposition MP, nearby residents and the sailing community last night voiced opposition to Atlantis’ bid for a water aerodrome licence at Montagu Bay that would facilitate domestic seaplane tours for its guests.
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ArawakX denies client fund ‘commingling’ allegations
The Bahamas’ first-ever crowd-funding platform has vehemently denied there is any “ongoing commingling” of client and company funds and blamed an “accounting error” for the only occasion this occurred.
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IMF’s latest projections show growth to ‘regress’
The International Monetary Fund’s (IMF) latest projections for The Bahamas reiterate that medium-term economic growth may not generate sufficient revenues to escape new and/or increased taxes, it was argued yesterday.
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Dunkin’ Donuts donates $10,000 to ‘Junkanoo Jingle to Bay’ 5k Race
DUNKIN’ Donuts Bahamas donated $10,000 towards the ‘Junkanoo Jingle to Bay’ 5k Holiday Race fundraiser to support youth development in The Bahamas.