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Regulator warned 127 on financial crime compliance
Bahamian regulators issued warnings to 127 law and real estate firms over non-compliance with anti-financial crime mandates while giving this nation’s $306m-plus residential real estate sales a clean bill of health.
Cruise port targeting 4.5m arrivals in 2024
Nassau Cruise Port’s top executive yesterday predicted that the facility will receive around 4.5m passengers in 2024, representing around a 12.5 percent increase on arrivals projected for the upcoming year.
Team Bahamas named for 4th Caribbean Baseball Cup
Team Bahamas is ready to take on the region at the 4th Caribbean Baseball Cup.
FRONT PORCH: Making good public policy is hard work
WE often cook up public policy in The Bahamas in a similar manner to which an unsatisfying and innutritious meal is slapped together. There is little forethought, no clear recipe, with all kinds of slam bam ingredients hurriedly mixed together.
EDITORIAL: FTX founder’s long list of unknowns
FOR someone in charge of a multi-billion operation, Sam Bankman-Fried seems to not know a lot of things.
CIBC’s New Year halt to in-branch payments
CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians - by asserting that 85 percent of clients are already using digital banking channels.
The causes of crime
As A trained lawyer, albeit a defrocked one, I had extensive practice before the Criminal Defence Bar during my hey days. In fact, at any given time, I commanded 80 per cent or more of the most heinous cases before all courts, the Supreme and Magistrates included. The other lawyers were obliged to literally, in some case, fight for the crumbs. As such, I came to understand the economic and psychology of crime and the causation.
Lightbourne and Dames lead Blue Devils to win over ranked team
BRADLEY Lightbourne, Joshua Dames and their Kansas City Kansas Community College Blue Devils continue to play one of the most difficult schedules in JuCo basketball and defeated their second ranked team of the young season.
Munroe left ‘disappointed’ by increased murder tally
NATIONAL Security Minister Wayne Munroe expressed disappointment yesterday in the country’s murder toll which is the highest since 2017, saying “if one person is murdered, I am disappointed.”
DEADLIEST YEAR FOR NATION SINCE 2017: Body found dumped on Cowpen Road in latest murder
THE Bahamas reached a grim milestone yesterday morning after another murder was recorded, surpassing last year’s murder count.
Deyton Albury and Paul Greene help Chipola move up in NJCAA rankings
DEYTON Albury and Paul Greene continue to lead Chipola’s ascent up the national rankings while Emmanuel Alexandre and Colin Storr’s production continue to lead the group of Bahamians at Northeast Community College.
Marina chief suffers ‘worst Thanksgiving in 30 years’
A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.
Hurricane Hole Superyacht Marina opened
STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.
PM told: $22m savings if BPL fuel trades done
A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.
New PI super yacht marina 80% booked
PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.
STATESIDE: Special counsel Jack Smith and the Elliot Ness comparison
JACK Smith is Elliott Ness. Or is he? Especially before he grew a scraggly beard, Smith resembled Kevin Costner playing the Treasury Department’s legendary crime-fighter and nemesis of notorious Chicago Depression-era gangster Al Capone, depicted by the peerless Robert DeNiro in 1987’s celebrated movie “The Untouchables.”
BISX-listed fund targets asset-doubling to $100m
A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.
No. 3 Kansas beats NC State in coach Bill Self’s return
PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.
DEIDRE BASTIAN: Beware the pitfalls of worker termination
Have you ever been terminated? Have you ever had to terminate anyone?
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.