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FTX: $7.7bn owed to Bahamas ‘misleading’
A key financial adviser to FTX's US chief yesterday disputed as "misleading" assertions that some $7.7bn is currently owed to the failed crypto exchange's Bahamian subsidiary.
Exuma man accused of $3,000 shopbreaking spree remanded until trial
A MAN was denied bail after being implicated in a shop-breaking spree in Exuma where he allegedly stole more than $3,000 worth of goods.
Metrology Lab strengthens Bahamas Standards Bureau
THE Bahamas Bureau of Standards and Quality (BBSQ) hosted the 2023 Bahamas National Quality Policy Re-Engagement Forum yesterday, introducing a new mass metrology lab.
Govt’s MYGATEWAY portal hits 100K users, as additional services soon to be added
MYGATEWAY, the government’s centralized system for digital services, now has 100k registered users.
AIMING TO MAKE HISTORY: Wildcats target fourth straight league title
The Paradise Games Wildcats are aiming to complete an historical feat in The Bahamas Flag Football League (BFFL): winning four straight league titles.
Bahamas National Swimming Championships get underway next weekend
The Bahamas Aquatics Federation will host the 2023 Bahamas National Swimming Championships next weekend. The 51st edition of the swimming nationals will commence from June 15 to June 18 at the Betty Kelly Kenning National Swim Complex. The event will feature age groups of 8 and under, 9-10, 11-12, 13-14, 15-17 and 18 and over. The event will serve as an early qualifier for the 2024 Paris Olympic Games and the CARIFTA swimming championships in April next year.
STATESIDE: Crowded GOP presidential race may favour Trump for better or worse
The Republican Party may be repeating a mistake from 2016 as they get set for a bruising campaign to choose their nominee for 2024. By the end of this week, the field of candidates who have formally declared their intention to seek the GOP nomination for president next year will have reached ten, and could exceed a dozen by the end of this month.
FRONT PORCH: The virtue of a life-long pursuit of personal growth and wisdom
In 1941, in his early 70s, after an extraordinary career and a dozen years before his death at 84, the brilliant French artist Henri Matisse underwent surgery following a diagnosis of abdominal cancer. He was left bed- and chair-ridden. Sculpturing and painting were now too physically challenging.
Govt to increase annual boat registration fees while eliminating duty and VAT on new vessels
THE government is increasing annual boat registration fees while eliminating duty and value-added tax on vessel purchases.
New funding for region announced as Vice President arrives
AS United States Vice President Kamala Harris arrives in The Bahamas today, a wave of funding has been announced for the region, with more than $100m in new assistance.
$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
Marina chief: Fee rise now 'makes way more sense'
A former Association of The Bahamas Marinas (ABM) president yesterday argued the Government could have allayed fears over major hikes in yacht and boat registration fees if its Budget messaging was better.
Budget not matching transparency pledges
Governance reformers yesterday charged that the Government's promises of enhanced transparency and accountability are not matched by financial allocations in the 2023-2024 Budget.
Mitchell: Members of Public Service Commission should be full-time to address public servants backlog
FOREIGN Affairs Minister Fred Mitchell said members of the Public Service Commission should be employed full-time to address the backlog of public servants waiting to be confirmed.
Moody’s: Govt must broaden revenue
Moody's yesterday asserted that hitting the Government's fiscal targets "rests on broadening the revenue base" as a prominent banker urged the administration: "Stop saying no new taxes."
NFL Flag football first for Bahamas
With the National Football League (NFL) Flag family seeking to expand in the region, The Bahamas became the first Caribbean country to join the organisation. The historic announcement was made at a press conference yesterday at the Thomas A Robinson stadium.
Dodge Da Pothole
Please note: 1. The development of this role playing game (RPG) is under consideration, and the following outlines initial thoughts for the game. 2. The setting for the game is the existing five mile stretch of road on Great Exuma between Augusta Bay Resort and the western Rolle Town wall. For convenience, we’ll refer to it as Pothole Alley. Over the past two years, most of the road to the west of Augusta Bay has been resurfaced and presents few hazards beyond the usual: speeding autos, dump trucks loaded with flying gravel and semis apparently participating in an Indy 500, distracted drivers, etc.
Port authority
Thanks for allowing me this space in your newspaper, I read an article (Letters, May 10) and was totally flabbergasted as to the title “the government boots on the necks of the GBPA and the Grand Bahamian people”. My intentions are every time there is an article in your or any publication highlighting the good of the Grand Bahama Port Authority (GBPA) and its groups of companies, it’s published, if someone has another view it’s not.
New head coach could help Ayton shine at the Suns
Phoenix Suns centre and Bahamian National Basketball Association (NBA) player Deandre Ayton could see his talents maximised once again this upcoming NBA season. There is a newfound optimism surrounding the Bahamian centre after the team hired Frank Vogel as their new head coach following the firing of previous coach Monty Williams after the playoffs. The team was ousted from the 2023 NBA playoff semifinals after the Denver Nuggets defeated them in a 25-point blowout win to end their season.
BLTA junior nationals this weekend
The Bahamas Lawn Tennis Association (BLTA) will host their junior nationals for the younger division starting this week Friday at 9am. The event will kick off for the youngsters at the National Tennis Center (NTC) and will run from June 10-11. The tennis action will feature the under 8 and 10 divisions and will be a first time nationals performance for many of the younger tennis players.
