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INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
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ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
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PM tells Sarkis: ‘We won’t help’ over Baha Mar
PRIME Minister Perry Christie’s office last night effectively told Sarkis Izmirlian he was ‘on his own’ in seeking to reacquire Baha Mar, as it hit out at the “extraordinary statements” attached to his latest offer.
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WHAT'S ON: CLUBS AND SOCIETIES
The Antique Auto Club of The Bahamas recently held elections of officers and directors for the years 2014-2015.
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Employers, unions unite on extra 90 furlough days
Employers and unionists yesterday both hailed the Government’s move to extend the furlough period by an extra 90 days amid concerns Atlantis may be readying for further lay-offs.
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Unions push for ILO Convention 87 to come into law
Trade unions are again pushing for an International Labour Organisation (ILO) convention allowing workers to join the union of their choice to be ratified into Bahamian law, with the Minister of Labour having shown “willingness” to do just that.
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DPM targets 50% tourism GDP boost
THE Bahamas could increase tourism’s economic contribution by 50 per cent if it can drive hotel occupancies to an average 90 per cent, the Deputy Prime Minister believes.K P Turnquest told the Bahamas Hotel and Tourism Association’s (BHTA) annual gen
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44 traffic fatalities recorded in 2016
A total of 44 people died as a result of traffic fatalities in 2016, with Bahamians accounting for over 90 per cent of that figure, according to the latest Royal Bahamas Police Force crime statistics.
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MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
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MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
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MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
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Close finishes and blowouts in BGDBA
THE Bahamas Government Departmental Basketball Association continued play over the weekend with close finishes and blowouts at the DW Davis Gymnasium.
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Executives evaluate site of beach soccer facility
FIFA, Beach Soccer Worldwide and Bahamas Football Association executives conducted a site visit this week to evaluate the Bahamas’ progress toward major beach soccer events.
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Dorian victims told: 'Don't reach for sky' on recovery finance
Hurricane Dorian victims were yesterday urged by a well-known banker not to sacrifice their future financial well-being by over-borrowing to recover from the storm’s devastation.Gowon Bowe, pictured, Fidelity Bank (Bahamas) chief financial officer, t
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Toastmasters to hold speech contest today
Toastmasters to hold speech contest today Toastmasters Area 87 will hold its International Speech and Table Topics contest today (Thursday) at 6.30pm at the Praise Room, Evangelistic Temple, Collins Avenue, 4th Terrace W. The event will see contestants
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Toastmasters to hold speech contest today
Toastmasters to hold speech contest today Toastmasters Area 87 will hold its International Speech and Table Topics contest today (Thursday) at 6.30pm at the Praise Room, Evangelistic Temple, Collins Avenue, 4th Terrace W. The event will see contestants
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Symonette declares interest in Town Centre Mall
BRENT Symonette, minister of trade, financial services and immigration declared his interest in Town Centre Mall in Parliament yesterday.He stood to declare his interest in the mall and a company called BHRSC Holding Ltd after Official Opposition Lea
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Queen Elizabeth II, Britain's monarch for 70 years, dies – updates
Queen Elizabeth II, Britain’s longest-reigning monarch and a rock of stability across much of a turbulent century, has died. She was 96.
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95 newly confirmed cases of COVID-19
The Ministry of Health reported on Tuesday that there are 95 newly confirmed cases of COVID-19.
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Govt dives in to boost fisheries
The Government has unveiled measures to boost the $78m crawfish industry, with increased wholesale profit margins and greater Bahamian dive participation among the key targets. Michael Pintard, minister of agriculture and marine resources, speaking j