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DPM targets Saudi Arabia to ‘match’ $6bn in investments
THE DEPUTY prime minister is targeting Saudi Arabia as a key source of investment capital for The Bahamas with the Government seeking to “match” the $6bn worth of projects already approved during its second year.
DEREK SMITH: Accounting for the risks posed by digital assets
Blockchain technology has revolutionised mutiple products and services in recent years, making it one of our generation’s most fascinating advances. Crypto currencies are enabled by this same blockchain technology. Due to their outstanding capabilities to address specific challenges, crypto currencies have emerged as the most popular blockchain application. As a result, over 300m individuals now own crypto currencies, according to international reports.
Christmas food items 'will reflect Thanksgiving prices'
SUPER Value owner Rupert Roberts said Friday with the holidays approaching, the price of popular holiday goods will remain consistent to the prices currently reflected in stores.
FNM Chairman urges minister to address water challenges, potholes
FREE National Movement chairman Dr Duane Sands has urged Public Works Minister Alfred Sears, KC, to help the “long suffering” people of San Salvador and Eleuthera with water challenges.
Valley Boys excited for Bay Street return
THE Valley Boys have not come to play this Junkanoo season, with one official declaring, “when you are a Valley Boy you represent greatness.”
DIANE PHILLIPS: Influencer wariness
THE UNINTENTIONAL IMPACT OF THE COLLAPSE OF FTX
RONALDO, the drop-dead handsome, talented Portuguese footballer, gets $1.6 million per Instagram post, another $800,000+ per Tweet. When he vouches for dandruff-beating Clear shampoo and hair products, enough of his 443 million followers scamper to scoop up bottles off the shelves that he’s worth every penny of the funds he earns as an influencer.
ONE ELEUTHERA FOUNDATION: Why does supporting local farmers matter?
HAVE you ever looked at the food on your plate and wondered who grew it and where it came from? Do you trust the methods used by the producer before it reached your plate? Has this food been treated with your best interest in mind from the field all the way to your plate?
Countdown to Junkanoo begins as new season is launched
YOUTH, Sports, and Culture Minister Mario Bowleg officially launched the start of the 2022/23 Junkanoo season after a two-year hiatus due to the COVID-19 pandemic.
Regulator warned 127 on financial crime compliance
Bahamian regulators issued warnings to 127 law and real estate firms over non-compliance with anti-financial crime mandates while giving this nation’s $306m-plus residential real estate sales a clean bill of health.
‘Season survival’ fears on 50% lobster price plunge
Fears were yesterday voiced that some Bahamian fishermen “may not survive the season” as the industry seeks to “weather the storm” created by lobster tail prices plunging by up to 50 percent.
Gov’ts deficit jumps $75m but below full-year run rate
The Government incurred a $75m October deficit after it was yesterday revealed that monthly spending on goods and services more than doubled to drive a 24.5 percent year-over-year recurrent spending increase.
FTX payout probe urged as US trustee intervenes
FTX’s Bahamian provisional liquidators were yesterday urged to “thoroughly investigate” any payouts to local investors that violated the Supreme Court asset freeze as the US Justice Department moved to intervene in Delaware.
Cruise port targeting 4.5m arrivals in 2024
Nassau Cruise Port’s top executive yesterday predicted that the facility will receive around 4.5m passengers in 2024, representing around a 12.5 percent increase on arrivals projected for the upcoming year.
Child labour policy conventions signed
THE government yesterday signed two conventions concerning progress for persons with disabilities and gender-based violence and also launched one phase of the National Child Labour Policy.
‘Take Back the Night’ event tonight
SURVIVORS of sexual violence will unite today to raise awareness about the “epidemic” of sexual violence in The Bahamas.
$4m AML store opening to bring Freeport ‘rebirth’
AML opened the doors to its new $4m Solomon’s food store in the Winn Building yesterday, signalling the long-awaited rebirth of downtown Freeport for many Grand Bahamians.
‘How many taxi plates have been issued?’
FORMER Prime Minister Dr Hubert Minnis has urged Transport and Housing Minister JoBeth Coleby-Davis to disclose the number of taxi plates that have been issued, amid accusations that the law has not been followed regarding the issuing process.
Cruise port grand opening in may, says chief executive
A GRAND opening for the new Nassau Cruise Port will be held in the last week in May following the multi-million-dollar project’s completion, its chief executive officer revealed yesterday.
Bell hoping for amicable resolution over salaries
LABOUR and Immigration Minister Keith Bell yesterday said he is not concerned with the “rhetoric” being spread about union negotiations for public servants’ salary increases, adding he hopes for an “amicable” resolution.
Two accused of drugs charges
TWO MEN were charged in a Magistrates Court yesterday on separate drug charges, with one facing a $1,000 fine after admitting to owning a pound of marijuana.
