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FTX Bahamas: ‘Major progress’ in Ray talks
The Supreme Court will now hear the petition to put FTX’s Bahamian subsidiary into full liquidation on November 6, it has been disclosed, amid “substantial progress” in resolving the dispute with its US arm.
Over 150 attend Bahamas real estate trade mission
More than 150 realtors from The Bahamas and Florida’s Royal Palm Coast participated in the first joint Florida-Bahamas real estate trade mission held on October 1.
Undermining values of Bahamians
DR MICHAEL Darville and Ministry of Health and Wellness officials must be commended for rejecting the concert request of Bahamian promoters of the Reggae Valentine’s Day event featuring Jamaican dancehall artist Dexter Daps.
Radio personalities 'dunking for boobies'
SOME OF the best known radio DJs and personalities in the Bahamas will be getting an early morning soaking today as Radio House, home to 100Jamz, Cool96 and Y98FM, partner with the Bahamas Breast Cancer Initiative Foundation (BBCIF) for the ‘Dunking For Boobies’ event to help raise funds and promote breast cancer awareness month.
Melia can ‘barely’ sustain operations
The Melia Nassau Beach Resort can “barely” generate enough cash flow to finance its own operations - an admission that was yesterday seized upon by Baha Mar’s contractor.
World’s best lady golfers ‘Pure as Silk’ in Classic
A mainstay on the Bahamas’ sports tourism calendar for the immediate future, the Ladies Professional Golfers Association (LPGA) Pure Silk-Bahamas Classic is set to tee off in just over two weeks featuring the best 120 female golfers in the world.
Don't let the scale fool you: Why you could still be at risk for diabetes
(THE CONVERSATION) – Type 2 diabetes has reached epidemic proportions, with an estimated 29 million people in the US having the disease and another 86 million considered prediabetic. With an estimated cost of $245 billion, prevention becomes critica
Resorts set for ‘over 90%’ Thanksgiving occupancies
Major Bahamian resorts are set to enjoy occupancies “in excess of 90 percent” over the Thanksgiving holiday, a top hotelier disclosed yesterday, adding: “We’re not looking back.”
Water Corp’s $84m taxpayer subsidy three times’ budget
TAXPAYER subsidies to the Water & Sewerage Corporation in 2022 hit $84m, more than three times the sum budgeted, as the state-owned utility seeks to develop a plan that makes it financially viable.
Albany: Bahamians to get 95% of 650 new construction jobs
ALBANY’s developers yesterday said its newly-launched Marina Residences would create 650 construction jobs over the next 18-24 months, telling Tribune Business that approximately $370 million in economic activity had been generated from lot sales.
Two sets of Baha Mar guardians just ‘crazy’
The Opposition’s deputy leader believes it “makes no sense” for there to be two different sets of receivers/liquidators looking after Baha Mar, branding the situation as “crazy”.
Contractor chief: PM’s Baha Mar pay pledges ‘don’t mean anything’
The Prime Minister’s repeated promises that Bahamian contractors will be paid for Baha Mar work “doesn’t mean anything to us”, the Bahamian Contractors Association’s (BCA) president said yesterday, adding: “It’s all up in the air.”
Long Islanders still waiting a year after Hurricane Joaquin
LONG Island farmers have not been able to collect on relief vouchers issued by the government for losses incurred by Hurricane Joaquin more than a year ago, according to one resident who criticised the stalled pace of relief for the island.
Insurer’s $80m Matthew payout 20% off forecast
A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.
Coral farm ‘showcase’ eyes 1m annual target
The Bahamian winner of Prince William’s £1m Earthshot prize yesterday disclosed it is targeting production of 1m coral pieces per year to help “showcase” this nation’s environmental credentials.
Auto dealers strike 10% 'convert' return
Auto dealers yesterday expressed optimism that they would double their monthly sales average in April as a result of the recent Car Show, with some having already hit their 10 per cent ‘conversion’ return rate.
80% of motorists exposed torogue, uninsured drivers
A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv
Banks urged: Lower your debit card fees
REDUCED fees on debit card transactions could significantly boost commerce in the Bahamas, a leading businessman noting that credit card purchases effectively ruled out roughly 80 per cent of the shopping public.
Cybots stop Regulators 93-83 to take 1-0 lead
The Mail Boat Cybots survived a tough battle with Mr Ship It Freight Regulators to secure a 93-83 victory for a 1-0 lead in the New Providence Basketball Association men’s division one championship series.
$80m Baha Mar funds may have been ‘killed’
The $80 million financing facility created by Sarkis Izmirlian to cover Baha Mar’s Chapter 11 operating expenses may have effectively been ‘killed at birth’ by the outcome of yesterday’s Supreme Court hearing, Tribune Business can reveal.
