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Bahamas world's fourth largest IFC at $595bn

The Bahamas is the fourth largest international financial centre by assets, it was disclosed yesterday, with the $595 billion held by this nation’s financial institutions equivalent to 96 times’ gross domestic product (GDP).

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A scholarship to soar

STUDENTS HAVE received scholarships to become jet pilots through partnership with Qatar Aeronautical Academy and The Bahamas Aeronautical Academy.

BTVI chief: Construction courses to ‘boom’ in ‘22

The Bahamas Technical and Vocational Institute’s (BTVI) president yesterday said he is focused on preparing students to exploit opportunities from foreign direct investment (FDI) projects.

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$200 fine over Indian hemp find

A MAN was fined $200 in a Magistrate’s Court yesterday for possession of dangerous drugs.

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Two arrests after drugs found in separate incidents

Two men have been arrested in two separate incidents, after they were found in possession of dangerous drugs on Saturday.

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100 Haitians found hiding in bushes

NEARLY 100 Haitian migrants were apprehended on Tuesday after they were found in bushes along the coastline on Inagua, the Royal Bahamas Defence Force said yesterday. Shortly after 9pm on Tuesday, an Operations Turks and Caicos (OPBAT) helicopter, w

Sir Sidney a hero of The Bahamas

Sir Sidney Poitier was a Bahamas National Treasure and priceless Jewel to the world, which shared his God-gifted talent of acting with the world on the world stage on television and in movies.

Gov't financial systems 80% below maximum

The government’s financial management systems remain “below global standard” and have seen “limited improvement”, scoring 80 percent below maximum in their last assessment.An Inter-American Development Bank (IDB) report on The Bahamas’ “fiduciary sys

Business offerings are brought Aliv

The Bahamas’ second mobile operator, Aliv, yesterday launched its business to business (B2B) offering, a senior executive describing it as a “core piece of the puzzle” in the company’s development.

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Fighting through

COACH Mike Brey looked positively at the way his Notre Dame Fighting Irish responded to the challenges they faced in pulling off their three exhibition games against local-based teams in the Bahamas Basketball Federation’s 2018 Summer of Thunder over

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Kadeem Coleby signs with Al Manama for 37th GCC Clubs

JUST weeks after losing the league championship series, Kadeem Coleby was on the move once again and inked a deal with the team that most recently beat him as they prepare to vie for a top title in the Middle East.

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Bahamian amateur golfers in Caribbean Golf Classic

SEVERAL Bahamian golfers are in competition with top amateurs in the region at the 24th Caribbean Golf Classic, hosted at the Westin Puntacana Resort and Club in Punta Cana, the Dominican Republic.

Low cost carrier adds 55,00 seats

A ‘low cost’ US airline will bring almost 55,000 seats into the Nassau market annually once it launches service by July 1, its officers yesterday describing this nation as “the jewel in the Caribbean”.

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Gas station shut down to ‘bring country to halt’

A gas station shut down would “bring the country to a halt” and threaten the “nascent recovery” from COVID-19, a governance reformer warned yesterday, adding that such a move would be “ill-advised”.

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Romad Dean and Lions finish 3rd

ROMAD Dean and his Crestwood Prep Lions (Ontario, Canada) finished third at one of the most prestigious winter tournaments on the prep basketball circuit in the United States.

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‘Nothing to lose’ over concrete export venture

A former Bahamian Contractors Association (BCA) president says the country must explore transforming itself into an exporter of pre-cast concrete products, and urged: “We have nothing to lose.”

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Foulkes: Web shop job cuts unfortunate

A DAY after web shop Asure Win said it will close 11 locations and layoff about 50 workers, Labour Minister Dion Foulkes described impending staff cuts from the sector as “unfortunate”, but said there are several factors contributing to the closure of gaming houses aside from a tax increase.

Island Luck chief: ‘I was misled’ on web shop taxes

ISLAND Luck’s principal is alleging that the Government “misled” him over planned web shop tax increases, adding: “My legitimate expectation in a proper consultation was dashed.”

Cruise line’s pull-out ‘worst case scenario’

The Grand Celebration’s owner has warned that its restructuring hinges on a new agreement with the Ministry of Tourism, and that a pull-out from Grand Bahama would be a “worst case scenario” which costs the Grand Lucayan 50 per cent of its pre-Matthew business.