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Bahamas liquidators slam US FTX chief's 'underhand' tactics
FTX's Bahamian liquidators yesterday accused their US adversaries of employing "underhanded" tactics to seize control of all the crypto exchange's clients and assets - including those that fall under their winding-up process.
FACE TO FACE: The Lindroth family; Bahamian at heart
HE was just 14 months old when he first set foot on Bahamian soil. Walking with the pitter patter that toddlers do, Magnus Lindroth wiggled his toes in the sand and got his feet wet on what is now called Paradise Island. Here, his views of the world would be shaped as he basked in island life.
Restaurant crowdfunder targeting $2.4m in sales
A restaurant entrepreneur yesterday said he is targeting $2.4m in total sales for 2023 as he mulls opening a third location on Carmichael Road.
We are the champions
THE sixth edition of the Noble Preparatory Academy’s (NPA) spring classic basketball tournament saw four new champions crowned.
'Improve service quality before rolling out 5G'
Bahamian businesses and consumers want their communications providers to first focus on improving the quality and reliability of existing services before exploring the introduction of 5G (fifth generation) technology.
FNM Deputy hits out at amendment to security branch members' medical insurance policy
FREE National Movement Deputy Leader Shanendon Cartwright called government’s amendment to the medical insurance policy for security branch members “disgraceful and heartless”.
'Real life consequences': Fidelity's $560k Moody's hit
The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.
How can we create opportunity?
What areas can The Bahamas look at to create new job opportunities for Bahamians, particularly youth?
EDITORIAL: Court ruling shows up process flaws
THE government has won the right to demolish a grand total of two shanty town homes. Two. Not two hundred. Not two thousand. Just two.
SHANTY WIN - BUT FOR JUST TWO HOMES: OAG sought demolition for more than 260 shanty sites in Nassau and Abaco
CHIEF Justice Ian Winder ordered the demolition of shanty town structures belonging to just two people in The Bahamas yesterday, far fewer than the government had sought.
Bain awaits appeal verdict on investment repay order
LINCOLN Bain is awaiting the Court of Appeal’s verdict about his application to appeal to the Privy Council to overturn a decision related to a failed investment deal.
Minister: BAMSI no longer 'wasteland'
BAMSI is now thriving and fruitful again, according to Agriculture and Marine Resources Minister Clay Sweeting, who reported that it has almost made a complete turnaround.
Governor trims growth forecast ‘closer to 4%’
The Bahamas’ stopover visitor numbers rebounded to 97 percent of pre-COVID levels in the 2023 first quarter, the Central Bank’s governor said yesterday, while slightly trimming his full-year economic growth forecast.
NIB ordered: Pay ex-chief seven years of pensions
The National Insurance Board (NIB) has been ordered to pay a former director almost seven years’ worth of pension benefts after losing a legal battle over her due retirement entitlement.
BTC makes its presence felt on Exuma at National Family Island Regatta
BTC officially kicked off its support of the National Family Island Regatta with a $10,000 sponsorship of Exuma’s 67th regatta held April 18-22 in George Town.
Baha Mar teases Melia plan as volumes up 20%
Baha Mar’s president yesterday hailed an “extraordinary first quarter” and “record March”, with 2023 business volumes up 20 percent year-over-year, as he revealed plans to redevelop the still-closed Melia resort will be unveiled imminently.
Cleveland Eneas primary takes lead into the final day
DAY two of New Providence Public Primary Schools Sports Association (NPPPSSA) saw more primary schools cement their positions in the total team rankings going into the final day of the meet.
STATESIDE: Recent firings at major news outlets do little to change the media’s landscape
AMERICA’S highly politicised, highly polarised cable TV networks regained centre stage once again this week, as both Fox and CNN fired popular stalwarts in the wake of accumulated indiscretions. It wasn’t surprising. A bit disappointing, maybe. But not too surprising.
Coastline awareness campaign launched by Tourism at GB school
A CAMPAIGN to keep coastlines clean has been reintroduced on Grand Bahama by the Ministry of Tourism, Investment and Aviation (MOTIA).
US visa concern
Here is a matter of great concern, I am one of the Bahamians who falls in the category of Bahamians who need a US Visa B1/B2 to visit the States, but felt I was wrongly treated in my reapplying for the visa, following numerous submitted applications through a JP Visa prepared my visa wasn't approved, but each time was told I may re-apply at a later date and I always waited over the suggested waiting time six months before re-applying.