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Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
Shock as tornado hits woman’s home
A TORNADO ripped through Deidre Miller’s South Ocean Boulevard home on Saturday, leaving behind a damaged roof, shattered glass and torn-down doors.
AG blasts ‘utter foolishness’ of France’s Bahamas blacklisting
The Attorney General has slammed France’s decision to keep The Bahamas on its national tax blacklist as “complete and utter foolishness”.
Bahamasair industrial deal raises pilot retirement age
Bahamasair and its pilots have agreed to raise the latter’s retirement age to 65 to alleviate any fears of labour shortages as part of Friday’s $500,000 industrial agreement.
DPM’s alarm: ‘Shockingly low’ GB Carnival port participation
The deputy prime minster has warned Grand Bahama businesses not to be “passive observers” of the island’s economic revival after their initial participation in Carnival’s $600m port project was “shockingly low”.
ERIC WIBERG – Palowna & Orestes, 1826 Spanish slavers wrecked in The Bahamas
MANY slave ships met their end in the Bahamas, but not many know of an awkward period between when Britain outlawed the trade in slaves in 1807, and slavery itself, in 1834.
Kate, Princess of Wales, says she has cancer and is undergoing chemotherapy
LONDON (AP) — Kate, the Princess of Wales, has cancer and is undergoing chemotherapy, she said Friday in a stunning announcement that follows weeks of speculation about her health and whereabouts.
Freeport poised to be ‘fastest growing Caribbean economy’
FREEPORT needs Nassau-based investors to help build “critical mass” in a city “poised to be the fastest-growing economy in the Caribbean”, a Port Authority executive asserted yesterday.
Top KC sounds ‘dark side of Bahamianisation’ alarm
A PROMINENT KC yesterday sounded the alarm over the “dark side of Bahamianisation” for breeding mediocrity based on “a sense of entitlement”.
‘Specialist skills dearth’ hurts financial services
A “DEARTH of specialist skills” in the legal and other professions is undermining the Bahamian financial services industry’s competitiveness, a prominent KC warned yesterday.
BPL rates ‘among the highest’ consumers pay in the region
Bahamians are paying “among the highest” electricity prices in the Caribbean even though the base rate is set “below cost” with tariff charges said to be double the global average.
50% fear or pay bribes for building and import permits
Fifty percent of Bahamian companies seeking construction and import-related permits say they have either been asked, or expect, to pay a bribe to obtain the required approvals, it has been revealed.
Cooper defends Prime Minister’s travels, dismisses car controversy
DEFENDING Prime Minister Philip "Brave" Davis' travels yesterday, acting Prime Minister Chester Cooper said former Foreign Affairs Minister Darren Henfield did not travel enough.
STATESIDE – Southcom commander on Haiti intervention: ‘Not right now’
LAURA Richardson is only the second woman to hold 4-star rank in the US Army. And she is the first female commander of the US Southern Command.
‘Ship has sailed’ over Bahamas 15% revisit
THE Bahamian financial services industry’s call to “revisit” the 15 percent minimum global corporate tax is too late because “that ship that has sailed”, a prominent local banker warned yesterday.
‘Crack down on real’ maritime tax evaders
THE Government was yesterday urged to “crack down on the real tax evaders” in the maritime industry as opposed to continually hiking fees on the same compliant businesses that always pay.
Central Bank in multiple exchange control eases
THE Central Bank last night unveiled multiple reforms to further relax The Bahamas’ exchange control regime that it believes will not create any “material” risks for the US dollar peg and wider economy.
Taxi fare increase gazetted - and ministry to meet drivers
THE fare increase for taxi drivers has been gazetted, Minister of Energy and Transport JoBeth Coleby-Davis said yesterday.
More than 200 eviction notices issued in Eleuthera shanty towns
THE Ministry of Works has issued over 200 eviction notices in Eleuthera shanty towns and hopes to post more this week.
Financial group chair to gain trailblazer award
A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.
