"%EC%9D%B8%EC%88%98%EB%8F%99%ED%83%80%EC%9D%B4%EB%85%80%EC%B6%9C%EC%9E%A5%E2%89%B0%E3%84%B2r%ED%86%A1%20GTTG5%E2%89%B1%EE%8B%8D%EC%9D%B8%EC%88%98%EB%8F%99%ED%83%80%EC%9D%B4%EB%A7%88%EC%82%AC%EC%A7%80%E0%B2%9D%EC%9D%B8%EC%88%98%EB%8F%99%ED%83%80%EC%9D%B4%EC%B6%9C%EC%9E%A5%EE%8D%B2%EC%9D%B8%EC%88%98%EB%8F%99%ED%83%9C%EA%B5%AD%EB%85%80%EC%B6%9C%EC%9E%A5%E9%8D%A5%EC%9D%B8%EC%88%98%EB%8F%99%ED%83%9C%EA%B5%AD%EB%A7%88%EC%82%AC%EC%A7%80%F0%9F%91%AE%F0%9F%8F%BBchiefjustice/" | Search

FTX consumes 21% of Commission costs

FTX’s implosion consumed 21 percent of the Securities Commission’s near-$15m operating expenses last year as it raced to preserve client assets and tackle the legal and regulatory fall-out.

Developer sparks ‘500 leads’ with community’s sales start

A Bahamian developer yesterday disclosed it has generated “well over 500 verified leads” for potential purchasers in its south-western New Providence community just over a week after launching its sales drive.

Fresh oil contamination ‘tragic’ for GB’s tourism

Fresh oil pollution was yesterday described as both “tragic” and “treacherous” for Grand Bahama’s tourism industry and wider economy with environmental activists estimating that up to 25 miles of beach could be contaminated.

North Andros demands ‘answers’ over BPL woe

North Andros residents and business owners yesterday protested over their energy woes and the frequent power outages suffered since a fire destroyed Bahamas Power and Light’s (BPL) power plant last month.

Criminal charges against MPs once rare, more common now

WHEN North Abaco MP Kirk Cornish was charged in the Magistrate’s Court on Wednesday, it marked the first time in the modern Bahamas that two sitting parliamentarians faced serious criminal charges.

Minister Bowleg excited to see teams compete overseas

MINISTER of Youth, Sports and Culture Mario Bowleg is ready to see Bahamian athletes compete overseas this month.

Restaurant chain eyeing 20% bond for expansion

A restaurant entrepreneur, who financed his expansion via crowdfunding, yesterday said he now plans to offer a short-term bond paying 20 percent interest to fund the $150,000 required for outfitting a third location.

Excursion provider says boating fee hikes ‘crazy’

A Bahamian excursion operator yesterday branded up to ten-fold increases in annual and first-time boat registration fees as “crazy” and warned it threatens to increase the number of unlicensed tour companies.

WSC signs $2.3m industrial agreement with Water and Sewerage Management Union

THE Water and Sewerage Corporation signed a $2.3m industrial agreement with the Water and Sewerage Management Union (WSMU) yesterday, the terms of which are uncertain because the agreement was not released to the press.

‘Smooth sailing’: Resort’s $30m annual GB boost

Fears that a major resort development may have stalled were eased yesterday after it was revealed the project will generate a $30m annual boost for Grand Bahama’s ailing economy once fully operational.

Flamboyant ‘philanthropist’ facing fraud charges retrial

A flamboyant Bahamian businessman and “philanthropist” faces a retrial on fraud and money laundering charges after the Court of Appeal found the rules governing his Post Office Savings Bank accounts were “ignored routinely”.

Union boss: BTC trying to make staff ‘look bad’

A union leader yesterday accused the Bahamas Telecommunications Company (BTC) of trying to make Bahamian staff “look bad to justify” outsourcing local jobs as the carrier’s 2023 first-half revenues fell by $1.4m.

‘We’ll show true story’ on title to $29m cays

A fresh bid to resolve the title to two Exuma cays, valued at a collective $29m, has been launched by some of the parties previously ensnared by the Chief Justice’s land fraud conspiracy ruling last year involving the same islands.

Fidelity mulls five for one stock split

Fidelity Bank (Bahamas) is mulling a five-for-one stock split due to its present share price, its chief executive has revealed, with the long-awaited move finally set to happen this quarter.

GB businessman Kenneth Symonette loses battle with cancer

Well-known Freeport businessman Kenneth Symonette died on Saturday in Grand Bahama after a battle with cancer. He was 63.

Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.

Police in joint operation seize $10m cocaine at Stella Maris Airport over the weekend

POLICE in Long Island seized cocaine valued at $10m over the weekend.

EDITORIAL: Justice must be given a chance in Cornish case

THIS morning, Kirk Cornish MP is to be charged with sexual assault and threats of death.

Water Corp managers in $2.3m industrial deal

Middle managers at the Water & Sewerage Corporation yesterday signed a three-year, $2.3m industrial agreement with the state-owned utility that will last until mid-2025.

Staff and unions blast BTC during protests

Several dozen Bahamas Telecommunications Company (BTC) workers yesterday joined with executives from the company's two trade unions to demonstrate against feared job losses and other grievances with the carrier.

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