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FTX chief’s $460m deal with Bahamas fund firm
FTX’s US chief yesterday unveiled a $460m settlement with a Bahamas-based fund manager that received hundreds of millions of dollars in the months leading up to the crypto currency exchange’s collapse.
GB to Abaco power cable ‘fraught with complications’
Grand Bahama Power Company’s top executive says running an electricity cable to Abaco is “fraught with complications” and remains a “longer-term opportunity” it plans to explore.
Six pit bull attack ends with two euthanised
TWO pit bulls will be euthanised after attacking a woman, leaving her hospitalised with severe injuries.
Davis says uphill battle on US gun makers case
PRIME Minister Philip “Brave” Davis said although it will be difficult for Mexico to win a case seeking to hold US gun traffickers accountable for the spread of guns in the region, The Bahamas needed to support the action to send a strong message to US lawmakers.
Home rental regulation
Permit me space in your newspaper to comment on the proposed Tourism Development Corporation of the Bahamas Bill which I understand was pulled from the House today.
Oban revival dismissed despite $2.5bn plans
Talk of reviving the $5.5bn Oban Energies oil refinery deal has been dismissed as “foolishness” by the Prime Minister’s spokesperson although an “introductory call” was held with the project’s new owners soon after the 2021 election.
PI entrepreneur ready ‘at stroke of PM’s pen’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”
FTX US chief bids to cut-off Bahamas
FTX’s US chief yesterday shattered the temporary ceasefire with the Bahamian provisional liquidators by launching a legal bid to deny them access to any assets caught in the crypto exchange’s multi-billion dollar collapse.
250 jobs to come in Exuma project
A new $500m project for Exuma promises to boost that island’s tourism and spark significant job growth.
$500m resort project to do ‘wonders’ for Exuma
THE deputy prime minister yesterday said a $500m resort development targeted at Exuma’s Cave Cay project will “do wonders for the entire area” through creating one of the largest marinas in The Bahamas.
Ed Bethel
And then there were three. On Monday, March 13, the media profession in The Bahamas lost a giant of a journalist and broadcaster, Mr Ed Bethel.
McPhee-McCuin and Ole Miss Rebels stun Stanford, reach first Sweet 16 in 16 years
Coach Yolett ‘Yo’ McPhee-McCuin and her University of Mississippi Lady Rebels are now into the National Collegiate Athletic Association’s Sweet 16 of the women’s national basketball tournament for the first time in 16 years.
Cruise port 90 percent completed and expected to be ready for May completion
THE new Nassau Cruise Port is more than 90 percent completed, according to its chief executive officer Michael Maura who said the port’s opening remains on schedule for the last week of May.
Texas A&M Aggies capture inaugural Island Relays
GRAND Bahama — Veteran coach Pat Henry remembers his last trip to The Bahamas in October to participate in the homegoing service for his former Olympic sprinter Shavez Hart. This time, he was in a more celebratory mood as his Texas A&M Aggies captured the inaugural Island Relays over the weekend.
GB to Abaco power cable ‘doable’ but more needed
THE Grand Bahama Chamber of Commerce president says supplying power from the island to Abaco via an undersea electricity cable is “doable” but more details are required on the initiative.
Gardiner, Charlton open outdoor seasons with wins
It was a big outdoor season opener for World and Olympic champion Steven Gardiner at the 17th Annual Spring Break Classic in Carolina, Puerto Rico.
Texas A&M Aggies lead Island Relays Bahamas
GRAND Bahama: After the first day of competition, Texas A&M Aggies have surged in front in the two-day Island Relays Bahamas at the Grand Bahama Sports Complex.
Ground broken on $15m solar farm project
LUCAYA Solar Power Ltd. officially broke ground on its $15m solar farm project in Freeport on Friday.
GBPA signs $15m solar farm deal
A $15M SOLAR farm will be constructed on Grand Bahama, making it the first of its kind in The Bahamas.
DPM: ‘Three credible offers’ for Lucayan
Three “credible offers” to acquire the Grand Lucayan resort are presently being studied, the deputy prime minister said yesterday, as he and others touted $1bn worth of investments being “in the pipeline” for Grand Bahama.
