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FTX Bahamas: ‘Best deal to avoid asset extinction’
FTX’s Bahamian liquidators are asserting the settlement with their US adversary “represents the best deal” possible given that lengthy legal battles would slash creditor recoveries “possibly to extinction”.
FAMILY IS LEFT TO SLEEP ON GROUND: Mom and six kids left homeless as demolitions resume
ROSELYN and her six children slept outside on the ground on Monday after their home was demolished in the unregulated All Saints Way community.
Chamber chief unaware of Freeport investor deterrent
Grand Bahama’s Chamber of Commerce president says he is unaware of investors being deterred from coming to Freeport despite the “rather cumbersome” approvals process.
Accounting urged over road repair cancellation
A South Andros businessman yesterday called for an accounting to determine how much taxpayer money has been wasted through the cancellation of a multi-million dollar road repair contract.
Social spending better than price controls on living cost
The Government’s former top financial official yesterday argued that increased social spending would better help Bahamians struggling with the cost of living crisis than the imposition of price controls.
GB Chamber chief optimistic PharmaChem will ‘rise again’
Grand Bahama’s Chamber of Commerce president yesterday said he is optimistic that PharmaChem Technologies’ plant will “rise again” as the company now begins its winding-up
FACE TO FACE: Betty Morley – teaching and reaching the hearts of future generations
BEATRICE Elizabeth Morley, better known as Betty, has been teaching for most of her life. She has poured her heart into instilling education, good morals and a sense of self worth in thousands of children over decades, in The Bahamas, the USA, and in Africa.
Pia Glover-Rolle certifies BPSU election overturning registrar’s decision not to
PUBLIC Services Minister Pia Glover-Rolle has certified the September results of a Bahamas Public Services Union (BPSU) election, overturning the decision of the registrar of trade unions, who declined to certify the results because of alleged irregularities in the voting process.
Businesses urge: Put crime ‘on the run’ as security costs triple
Businesses yesterday urged The Bahamas to put criminals “on the run” as they revealed security-related costs have “tripled” over the past year to combat the threat posed to staff and patrons.
Loss-making Pizza Hut’s close: 90% of jobs saved
Almost 90 percent of impacted staff have retained jobs despite the loss-making Pizza Hut franchise’s decision to shut its three New Providence locations with effect from Sunday.
Gov’ts $131m deficit goal ‘already out the window’
The Government’s projected $131m deficit for the current fiscal year is “already out the window” given the performance for the first four months, a financial analyst asserted yesterday.
‘We must know what the heck is happening over GB airport’
Grand Bahama’s Chamber of Commerce president says “it’s absolutely critical we know what the heck is happening” with the airport redevelopment if Freeport is to position itself as a “city on the move”.
Baker, Wilson and Darville sign with Boston Red Sox
Three Bahamian teenagers signed a contract with the Boston Red Sox yesterday, bringing them one step closer to furthering their baseball careers.
Man on bail accused of gun threats against two men
A BUSINESSMAN was granted bail after he allegedly threatened two men with a gun at a bar on Blue Hill Road last weekend.
NPBA: Heatwaves, Rockets, Shockers in the win column
THE New Providence Basketball Association continued its regular season action over the weekend at the Kendal Isaacs Gymnasium with a series of games played.
GB entrepreneur to crowd fund entertainment centre
A Grand Bahama entrepreneur will formally announce his bid to crowd-fund the development of an entertainment centre on February 3.
Opposition chief urges 'one stop' approvals in Freeport
The Opposition's Leader yesterday called for a 'one-stop' approval process for all potential investors in Freeport as a means to revive the city's fragile economy.
INSIGHT: Time for blame has passed, action needed
PEOPLE are often quick to take credit, but quicker still to shift blame elsewhere. Take our recent crime spike, for example.
$600m Shipyard project ‘under threat’ over airlift
Grand Bahama Shipyard’s $600m dry dock investment and related projects “are already under threat” due to the island’s airlift shortage, its chief executive has warned.
Electric car dealer targets mid-year start on new HQ
A Bahamian electric vehicle dealer yesterday revealed it beat 2023 targets via a “one-third” sales increase as it bids to start construction on its new “multi-million” headquarters by around mid-year.
