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Ukraine President addresses CARICOM, PM expresses solidarity

Prime Minister Philip ‘Brave’ Davis spoke with Ukraine President Volodymyr Zelenskyy by video at the CARICOM Heads of Government Meeting and, on behalf of the Caribbean community, expressed solidarity with the people of Ukraine.

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DIANE PHILLIPS: When hallmark holidays exact a toll on our soul, just bring on the super sports

SUPER Bowl Sunday was enough excitement for the week so when Valentine’s Day rolled around 48 hours later, some of us just weren’t quite ready for another celebratory occasion, though there’s little doubt that restaurants were full, jewellery was flying off the shelf and you couldn’t find a red rose in town unless you spray painted it.

EDITORIAL: Canada PM putting money where his mouth is

AFTER the ceremony – and the protests – of the start to CARICOM, yesterday saw delegates getting down to business.

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Fidelity targets $25m annual profits despite 2022’s miss

Fidelity Bank (Bahamas) is targeting $25m in net profits for 2023 despite failing to achieve the same goal last year, its top executive revealed yesterday.

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Cable’s $10.69m profits swing amid refinancing drive on Aliv

Cable Bahamas yesterday unveiled a positive $10.69m bottom line turnaround for the first half of its 2023 financial year despite encountering frustration over the pace of Aliv’s debt refinancing.

Digital provider calls for Bahamas CSME sign-on

A digital payments provider yesterday argued that the Bahamas should join the Caribbean Single Market and Economy (CSME) to break down barriers facing local firms seeking to expand into the region.

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Lease setback strikes PI lighthouse entrepreneur

A Bahamian entrepreneur battling to restore Paradise Island’s lighthouse yesterday suffered a setback in his fight with the Government and Royal Caribbean after the Supreme Court found he does not possess a valid Crown Land lease.

Insurer: New VAT policy will increase costs

BAHAMIAN consumers will “undoubtedly” see increased cost of services at pharmacies and other places due to the new interpretation of the VAT Act regarding remittance on medical insurance and healthcare services.

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TRUDEAU PLEDGE ON AID TO HAITI – Canadian PM also promises climate change funding

AS he addressed regional leaders at the 44th CARICOM Heads of Government Meeting, Canadian Prime Minister Justin Trudeau yesterday pledged to offer $44m in funding to aid Caribbean countries in the fight against climate change, while also unveiling his nation’s plans to help bring stability to Haiti.

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Three granted $60k bail on cocaine charges

TWO men and a woman were granted $60,000 bail in court yesterday after being accused of smuggling $1,000,000 worth of cocaine into the country through Bimini last weekend.

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GSSSA champions crowned

CI GIBSON RATTLERS SENIOR BOYS VICTORIOUS, CH REEVES RAPTORS JUNIOR GIRLS WIN TITLE

The CI Gibson Rattlers and CH Reeves Raptors have regained bragging rights as the senior boys and junior girls champions in the Government Secondary Schools Sports Association’s best-of-three basketball championship series.

VAT health claims change may drain foreign reserves

THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.

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FRONT PORCH: Constitution matters and questions

“IT IS something which is very healthy and something which is very much in keeping with the democratic spirit of the country to periodically examine the Constitution and make changes which are likely to be to the benefit of the country over the long term.” – Sean McWeeney, chair, 2013 Constitutional Commission.

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Immigration probe over barber shop incident ‘concluded by next week’

IMMIGRATION Minister Keith Bell said he is hoping that an investigation into a video involving two alleged immigration officers assaulting two Haitian barbers last week will be concluded by next week.

EDITORIAL: Journalists must not be impeded in their duties

THE start of CARICOM began with a very disturbing call to The Tribune yesterday.

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Amy Pope: There needs to be a humane approach to irregular migration

THERE needs to be a humane approach when dealing with irregular migrants living in communities, according to a US candidate for director general of the International Organisation for Migration (IOM).

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Digital payments ‘not as robust’ despite 30% rise

The Bahamian use of digital payments is “not as robust as we’d like to see” yet, one provider asserted yesterday, even though the volume of transactions it processed increased by 30 percent in 2022.

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Bahamas ‘big part of the FTX puzzle’

FTX’s Bahamian operation was yesterday branded “a big piece of the puzzle that needs to get resolved” as its provisional liquidators successfully obtained US legal recognition for their ongoing investigations.

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Construction work permits ‘shifting in wrong direction’

The “balance” between Bahamian and foreign labour in the construction industry has “started to shift in the wrong direction”, a prominent contractor is arguing, while calling for a halt to all general labour work permits.

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Hotel union eyes industrial agreement ‘red letter day’

The hotel union’s president yesterday said it will be a “red letter day” for its several thousand members when their now ten-year wait for a new industrial agreement with the main employer body is ended.