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Liquidators ‘blocked as ArawakX set up similar operation in US’

ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.

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Almost 1m referrals to Nassau/PI hotels

A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.

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Jonquel Jones and Liberty get set to face Mystics

Jonquel Jones and the New York Liberty wrapped up one of their best regular seasons in franchise history and will now battle against the seventh-seeded Washington Mystics tonight to start their postseason run.

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Jonquel Jones on a roll in postseason

New York Liberty to face Las Vegas Aces in Game 4 of WNBA Finals tonight

GRAND Bahama native Jonquel “JJ” Jones has been on a tear in the postseason which helped the New York Liberty to keep their championship window open on Sunday in an elimination game against the Las Vegas Aces.

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Stopover tourists strike 94% pre-COVID levels

TOTAL air arrivals to The Bahamas in May hit 94.2 percent of pre-COVID’s 2019 high, the Central Bank revealed yesterday, with overall visitor numbers for the first five months of 2023 some 68 percent ahead of last year.

Senate’s vice-president attends trade conference

THE Senate’s vice- president represented The Bahamas at a recent trade and economic conference in his role as the Trade Commission’s deputy chairman.

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Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

Gov’t yet to decide over Abaco ports

A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.

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DIANE PHILLIPS: When the public speaks up, bad ideas can be grounded

A UNIQUE thing happened this week. Amid the horror played out on TV screens of violence rocking the Middle East with innocent men, women and children being captured and slaughtered, entire cities and villages burned and destroyed, amidst the burial of a revered Bahamian Cabinet minister who suffered an untimely and shocking death and amidst the tearful memorial for the head boy at QC who died before he had a chance to live, there was a bright and shining light.

GB students participate in summit to prepare them for the real world

ABOUT 80 high school students participated in ‘The Platform’, a summit for young professionals in Grand Bahama that prepares seniors for the real world.

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Uriah McPhee primary school expected to open today with staggered learning

DOMINIQUE McCartney-Russell, acting director of Education, said the Uriah McPhee Primary School is expected to open today with staggered learning that will see some students return today and others next week.

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Eric Wiberg: A beacon that saved lives of pilots

WHEN the 112-foot Castle Island Light off Acklins was operational, it was a critically important beacon that three World War Two bombers crash-landed near in order to be rescued.

‘Coach Yo’ and Ole Miss Rebels fall to LSU in SEC semifinals

COACH Yolett “Coach Yo” McPhee-McCuin and the University of Mississippi (Ole Miss) Rebels stepped onto the hardwood at the Bon Secours Wellness Arena riding a seven-game win streak which was snapped by the Louisiana State University Tigers 75-67 on Saturday.

CB Giants tie series, YES Giants go up 2-0 in NPBA Championship

THE New Providence Basketball Association (NPBA) division one and two championships are in full swing and action is already starting to heat up.

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IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast

The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.

Sonja Knowles Track Classic on Saturday

THE fourth edition of the Sonja Knowles Track Classic returns to the original Thomas A Robinson Stadium this Saturday and Sunday with a new timing system to facilitate a quicker and more efficient track meet.

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Fourteen Clubs Golf Academy ends the year on a high note

THE Fourteen Clubs Golf Academy closed out the year on a high note with a drive, chip and putt end-of-year celebration at the Bahamas Golf Federation’s practice facility on Saturday.

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$700m external loan goal ‘looking very favourable’

The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.

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Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

Parking ‘satisfied’: Wynn penthouse project is go

The Town Planning Committee’s chairman yesterday confirmed it has approved Wynn Group’s 14-storey Goodman’s Bay penthouses after it “satisfied” long-standing parking concerns.