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THE KDK REPORT: The hour has come – Part 1
BEFORE getting up, my patient Whitney stretched her entire body, rolling over repeatedly making maximum use of her comfortable king-sized bed. Even after a solid seven hours of sleep, she was still yawning and yearned for more rest. It was a typical Saturday morning and she vividly recalls how soft and warm her bed felt particularly since outside was abnormally cool for early September. She turned on her TV to hear the weather report.
ArawakX blames BOB ‘mislabel’ for fund commingling allegation
The Bahamas’ first-ever crowdfunding platform is alleging that the “mislabeling” of its accounts by a BISX-listed bank created the “prejudicial impression” that it was commingling investor/client funds with its own.
Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
Jazz hits his 19th home run of the season
PITTSBURGH (AP) — The Miami Marlins’ improbable September push will carry into October.
Bahamas Striping and MOW partner with local contractors for Eleuthera clean-up effort
THE Ministry of Works and the Bahamas Striping Group of Companies have partnered with 20 Eleuthera contractors to begin an island-wide clean-up campaign.
Sebas e-commerce platform launches courier services
The e-commerce provider owned by Sebas Bastian and his partners has confirmed its expansion into freight forwarding services via a sales tax-free US address.
DEREK SMITH: How to combat threats to corporate reputation
One of the most significant threats to a company’s long-term viability is reputation risk. This is often referred to as the risk stemming from negative public perceptions. The consequences of a tarnished reputation can be severe and lasting, regardless of how well a company performs in other risk management areas.
Wynn agrees to ‘quashing’ first penthouse approvals
The developer of a 14-storey Goodman’s Bay penthouse complex has restarted its bid for planning permission after agreeing that the initial approvals granted to the project should be “quashed”.
Corporate income tax for Bahamas ‘mammoth task’
A leading Bermuda accountant yesterday warned The Bahamas that implementing a corporate income tax regime is a “mammoth task” that should not be underestimated.
Bahamas Dragon Boat Festival this weekend
As the fastest growing sport in the Bahamas, Dr Christine Chin said she’s confident that the second annual Bahamas Dragon Boat Festival will encourage more Bahamians to get involved.
Abaco resort eyes ‘break even’ 5% rate increase
The Bahamas Out Island Promotion Board’s president yesterday said his hotel will likely have to increase rates by “another 5 percent” in 2024 to break even with fellow hoteliers revealing that soaring light bills “are just killing us”.
‘TOURISTS TOLD TO STAY AWAY’ . . . but cruise denies passengers advised to avoid Port Lucaya
CARNIVAL Cruise Line has denied discouraging its passengers from visiting the Port Lucaya Marketplace in Freeport after vendors alleged the cruise ship is steering guests away from the area because of safety concerns.
BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.
NYGARD SEX CRIME COURT CASE BEGINS: Bahamians among the alleged victims of sexual assaults
THE sex crimes trial of Peter Nygard - a former long-time resident of Lyford Cay - began in Canada yesterday, two years after prosecutors in North America began accusing him of brazen attacks in multiple countries across several decades.
‘Obie’ Wilchcombe was a sportsman
Before he got his feet wet in politics, Burkett Turnquest said he was able to persuade former Minister of Social Services Obediah Hercules Wilchcombe to become the president of the Commonwealth American Football League in 1990-1991.
Man remanded on four counts of attempted murder of police officers
A MAN on bail for two murders was sent to prison yesterday after he was accused of attempting to kill four police officers last week.
Man admits to possession of 5 pounds of marijuana with intent to supply
A MAN was fined $5,500 after admitting to having over 5lbs of marijuana last week.
RBC’s $22m payment suspicion ‘reasonable’
The Court of Appeal yesterday ruled it was “reasonable” for Royal Bank of Canada (RBC) to find that $21.957m paid to a Bahamian businessman by a Slovakian he has never met for investment in his sand mining venture was “suspicious”.
Teen accused of assaulting a man with a shotgun
A 19-year-old youth allegedly assaulted a man with a shotgun last week.
Over $8m grant funding for water utility storm coverage
Caribbean water utilities such as the Water & Sewerage Corporation can now access insurance coverage to protect their infrastructure assets against hurricanes and severe flooding, it was announced yesterday.