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FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
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.
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.
‘40 percent of work permits are jobs Bahamians can do’
LABOUR Director Robert Farquharson believes 40 per cent of the 12,000 work permits issued this year relate to jobs Bahamians can fill.
BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1
The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.
Fourteen Clubs Golf Academy hosts first event of 2024
While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.
40 to 80 percent 'show no symptoms of dengue'
ABOUT 40 to 80 percent of people show no symptoms of dengue, with most of the recently confirmed 100 cases confined to the inner city in New Providence, according to officials from the Ministry of Health and Wellness on Friday.
Michael Pintard appealing for help to find missing Grand Bahama man
FREE National Movement leader Michael Pintard is appealing for help finding Philip “Big Mama” Stubbs, who has been missing for almost a week.
Deflation in the East
ActivTrades
Everyone in The Bahamas is feeling the rising cost of goods, energy and transportation. No matter if you visit the food store, turn on your AC or fuel up your car, you are paying more for these necessities than compared to the previous year. But the inflation rate in the islands is decreasing, and went down from 3.1 percent to 2.3 percent when compared to last year.
Otabor named senior female athlete of 2023
With a strong showing in her first transfer collegiate season and a breakout year on the senior international scene, javelin thrower Rhema Otabor has emerged as The Tribune’s Female Athlete of the Year (2023).
DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
Non-profit reveals 36% fall in distributed meals
The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.
Contaminated oil a new blow to Andros power
A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.
Bahamas men spike way into semifinals
Ladies suffer third straight loss
The men’s national volleyball team, with a well-rounded effort from every player, swept aside Martinique in three straight sets to advance to the semifinals of the Senior Caribbean Volleyball Championships at the Anthony Nesty Sports Hall in Paramaribo, Suriname.
NPBA: Rebels and Heatwaves in win column
THE New Providence Basketball Association continued its regular season action with a double header at the AF Adderley Gymnasium on Monday night. • Here’s a summary of the games played:
Cobras rout Pacers 80-39
The CC Sweeting Cobras senior boys’ basketball team, fresh off their semifinal appearance in the Providence Basketball Club’s Yuletide Classic, made mince meat of the well-rested RM Bailey Pacers.
Goodman’s Bay hostilities erupt on 14-storey project
Hostilities erupted between Goodman’s Bay neighbours over allegations voiced at a public hearing regarding the motives for opposing the Wynn Group’s 14-storey penthouse project.
Investigation into missing funds nears completion
DEPUTY Police Commissioner Leamond Deleveaux said police are 80 per cent complete with their investigation into funds allegedly misused during the small home repairs programme under the Minnis administration.
BDOCS 2022 annual report tabled in House
THE Bahamas Department of Correctional Services’ Internal Affairs Unit investigated 56 reports of alleged misconduct involving prison officers in 2022, with disciplinary action happening in nearly 80 per cent of the matters reported.