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Arawak port beats Q1 profits target by 56%
Nassau’s main commercial shipping port is targeting an $808,000 year-over-year increase in net profits for its 2023 financial year after first quarter net income exceeded forecasts by some 56 percent.
BNT ‘not worried’ about roadworks ahead of Jollification
BAHAMAS National Trust Executive Director Eric Carey said yesterday the organisation is “not worried” about the ongoing roadworks on Village Road despite its Jollification festival set for this weekend.
Man survives Shark attack in Andros
AN Andros man is breathing a sigh of relief after having survived a brutal shark attack on the island over the weekend.
FTX implosion threatens perfect ‘40 of 40’ in financial crime fight
The Bahamas’ bid to achieve full compliance with all global anti-financial crime standards before year-end may have been endangered by the implosion of the FTX crypto currency exchange, it can be revealed.
Pair admit shop breaking, stealing
TWO men admitted to breaking into a convenience store to steal cash and a cellphone.
Shaunae doesn’t make Athlete of the Year list
With the voting procedure closed on October 31, Bahamian quarter-miler Shaunae Miller-Uibo fell short of making the list for the final five for the World Athletics’ Women’s Athlete of the Year.
Lightbourne and Dames lead KCKCC to upset over no.19 Pirates
THE Kansas Community College Blue Devils have opened the season with one of the most difficult schedules in all of junior college basketball and got their first upset win over a ranked team led by its talented Bahamian duo.
Boxing team heading off
WITH the 27-member team already reduced because of the lack of funding, Bahamas Boxing Federation President Vincent Strachan said he’s confident the remaining 10 boxers will get the opportunity to travel this week to Kissimmee, Florida.
Bahamas crypto exchange to ‘prove’ financially sound
A SECOND Bahamas-based crypto currency exchange yesterday pledged to publicly disclose “proof” of its financial soundness and reserves in a bid to reassure jittery investors following the implosion of rival FTX.
Pharmacies ‘doing good’ on price control changes
PRIVATE pharmacies have “been doing good” and “progressing” since reaching their price control deal with the Government, the Bahamas Pharmaceutical Association’s (BPA) president said yesterday.
Artists team with union body to place culture at forefront
A BAHAMIAN artists and entertainers’ union has joined the Trades Union Congress (CBTUC) after a two-and-a-half-year wait for recognition, with a labour leader asserting yesterday: “You can’t have a country without culture.”
Business destroyed by Dorian is ruined again by Nicole
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
220 Legendary jobs for ‘hazardous’ site
An $80m marina investment for southern New Providence is pledging to transform “a hazardous location” blighted by trash dumps and stolen boats via a project that will create 220 permanent jobs at full build-out.
Bahamas told: Don’t pause digital assets plan on FTX failure
Halting its digital assets growth strategy due to FTX’s collapse would be “the worst thing The Bahamas could do”, an industry entrepreneur says, even though the failed crypto exchange now faces a local criminal investigation.
Collapse ‘bewilders’ FTX Bahamas staff
FTX’s 40 Bahamian staff have been left “bewildered and beleaguered” by the speed of the crypto exchange’s collapse, a senior executive says, amid hopes its $74m real estate outlay will prove a key recovery source for local creditors.
UPDATED: Man released from prison shot dead
A MAN who was recently released from prison was shot dead at the intersection of Eden Street and Foster Road on Saturday.
Fears FTX freeze order was violated
Fears were raised yesterday that the Supreme Court order freezing all assets of FTX’s Bahamian subsidiary was violated when some of the collapsed crypto currency exchange’s clients withdrew their monies late last week.
Unsolicited BTC ads
Grateful I am for allowing me this small space to make an inquiry into the unsolicited BTC ads, for certainly other customers/clients experiencing some of the same deluge of this company’s ads, and unsolicited at that.
Team Bahamas eliminated
Team Bahamas was eliminated from FIBA World Cup ‘23 contention, but a pair of resilient efforts at home led to a two-game split in the latest window of Americas Qualifiers.
