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36th St Valentine’s Day Regatta in Montagu Bay February 18-19

IN keeping the memory of their father alive, the family of the late Eleazor ‘the Sailing Barber’ Johnson will continue with the 36th edition of the St Valentine’s Day Regatta in Montagu Bay next weekend.

Bahamas liquidators explore FTX ‘restart’

FTX’s remaining Bahamas-based staff were paid a collective $635,297 through to end-January 2023 as provisional liquidators explore “options” that may include restarting its trading platform, it was revealed last night.

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Tourism Minister calls Minnis’ Bahamasair comments ‘irresponsible’

TOURISM, Aviation and Investments Minister Chester Cooper said former Prime Minister Dr Hubert Minnis was “irresponsible” when he told parliamentarians on Monday that millions of dollars were missing from Bahamasair.

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‘Worryingly low’ graduation’s blow to high-value economy

The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.

The Bahamas has enough US fast food chains

We are crossing a dangerous threshold. At risk is not only the nation’s veritable blood pressure, but Nassau’s sociocultural integrity.

BOB hopes for imminent commercial loan restart

BANK of The Bahamas is hoping to receive regulatory approval to restart commercial lending activities next month, its managing director said yesterday.

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Bahamasair suspends flights to Haiti’s capital

Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.

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UB Mingoes men beat Giants 69-51

THE University of The Bahamas Mingoes men’s basketball team pulled off a 69-51 rout over the TMT Giants as the two teams faced off in their second matchup of the New Providence Basketball Association (NPBA) season at the AF Adderley Gymnasium on Saturday night.

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DEREK SMITH: Balancing the risks of working at home

There is no doubt that remote working will continue to grow. With remote work becoming a significant business practice, it has quickly risen to the top of many executives’ agendas and become a vital component of talent attraction, employee retention and staff satisfaction. According to Deloitte & Touche’s Global Remote Work Survey, “over 80 percent of organisations have implemented some form of remote work policy”.

Insurers dismiss VAT Act ‘misinterpretation’

BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.

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Firearms task force ‘to create safer Bahamas’

PRIME Minister Philip Davis said the success of a firearms task force will make fighting illegal weapons more likely by providing a coordinated and comprehensive approach to the problem.

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Ed Armbrister Baseball League officially open

PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL

AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.

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Businesses dreading the summer as BPL bills bite

SOME local businesses are dreading the approach of summer due to increased electricity costs.

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DPM targets 8m visitors for 2023

The Deputy Prime Minister yesterday forecast that 2023 tourist arrivals will hit the eight million mark with downtown Nassau’s British Colonial Hilton set to fully re-open by year-end.

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Patients are warned: Brace for VAT ‘shock’

Bahamian patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs.

‘Hoops for Homes’ champions emerge

BLYTHE Rolle and Kyle Rolle, of no direct relation, emerged as the upper and lower champions of the Hoops for Homes initiative that was hosted by Xavier’s Lower School Student of the Year Adrian Dean.

Police: Reported financial crimes strike five-year low

TOTAL financial crimes reported to the Royal Bahamas Police Force (RBPF) fell to their lowest level for five years in 2022 with a near-30 percent decline compared to 2021.

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Hotels eyeing ‘unprecedented forward bookings’ during 2023

The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed the industry is eyeing “unprecedented levels of forward bookings” for the 2023 first half and full year after December beat historical trends by 10 percent.

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MLB The Show ‘23 cover athlete is Marlins’ Jazz Chisholm

MIAMI (AP) — Jazz Chisholm Jr, the Miami Marlins’ euro-stepping, home-run blasting all-star, has goals beyond his impressive stats. With every stolen base and acrobatic catch, Chisholm hopes to have an impact on the next generation of players.

GBPA must ‘get out of the way’ if can’t fulfil mandate

A 50-year Freeport licensee today calls on the Grand Bahama Port Authority’s (GBPA) owners and Hutchison Whampoa to either finally live up to their development obligations or “get out of the way”.