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DIANE PHILLIPS: Creative solutions needed to address society’s inequities

A MAN sleeps in his car, hoping it will not rain tonight so he can keep the windows open. Not far away, a few miles along the coast, another man writes a cheque for $3.2m for a beachfront condo he will use six weeks of the year.

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”.

‘Lucrative prospects’: ArawakX refutes $2.4m insolvency woes

The Bahamas’ first-ever crowd-funding platform is asserting it has “lucrative prospects” rather than a $2.4m solvency deficiency as it bids to defeat the Securities Commission’s bid to wind-up its operations.

AG brands The Bahamas’ insolvency regime ‘a joke’

The Attorney General yesterday branded The Bahamas’ corporate insolvency regime as “a joke” and pledged to reform outdated laws and regulations that continue to undermine the financial services industry’s competitiveness.

Regulator: Financial crime gaps up to 60% of licensee weakness

The Securities Commission’s top executive yesterday revealed that anti-money laundering and counter-terror financing non-compliance accounts for between 40-60 percent of licensee deficiencies.

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.

Ferguson unofficial winner of BPSU votes

BAHAMAS Public Services Union president Kimsley Ferguson and his team unofficially won the BPSU’s latest election.

Caribbean ‘must be united’ in climate change fight

PRIME Minister Philip “Brave” Davis renewed calls for Caribbean leaders to unite and secure tangible gains from developed nations in the fight against climate change.

INGRAHAM TO FNM: SIT OUT BY-ELECTION ...but party will run after decision by council members

FORMER Prime Minister Hubert Ingraham advised Free National Movement leader Michael Pintard not to contest the upcoming by-election for West End Grand Bahama and Bimini.

Fidelity Bahamas Optimist Championship starts today

YOUNG Bahamian sailors from New Providence, Eleuthera, Harbour Island, Abaco, Exuma, Long Island and Grand Bahama will compete in the Fidelity Bahamas Optimist Championship for the title of national optimist champion this weekend. Sailors from the US as well as the Cayman Islands will also be competing in this international event to be held in Montagu Bay.

Why borrow money? PPP the right way

Family Island Airports - were we not told developments will be completed using PPP -Private-Public Partnership financing? Seems big announcement we borrowing from Saudi Arabia to develop Exuma Airport. A dollar is too much, Editor!

Man accused of murder granted $10,000 bail after failing to charge ankle monitor

A MAN on bail for murder was granted $10,000 bail after he was accused of failing to charge his monitoring device and breaching curfew multiple times.

Family Island land solution growth key

Resolving land issues in the Family Islands is a key component of the National Development Plan, one of its key architects said.

Doctor’s PI expansion tied to Royal Caribbean

A Bahamian doctor yesterday revealed he aims to capitalise on Royal Caribbean's beach club by expanding to Paradise Island with his third footwear store when that project opens in 2025.

STATESIDE: While Biden tries to appear as ‘labour’s best friend’ Trump seems to lose favour

ONE year from this morning, we’ll know who the Democratic and Republican party nominees are in a presidential election contest that will then only be six weeks away. And we’ll know if a third-party candidate or candidates have emerged to challenge America’s deeply entrenched two-party political duopoly.

FRONT PORCH: The neglect and needs of Caribbean and Pacific states

LAST week, US president Joe Biden asked Congress for an additional $24 billion to support the war in Ukraine. As noted by Mark Cancian, a senior policy advisor with the Centre for Strategic and International Studies, and others, this will bring total US aid to a staggering approximately $135 billion.

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