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Deal’s ‘equal treatment’ for 53k FTX Bahamas claims
FTX’s Bahamian liquidators “are in the advanced stages” of negotiating a “global settlement” with their US counterpart that will ensure equal treatment for their near-53,000 creditors.
Melia site set for $500m outlay on 600-room hotel
The Prime Minister yesterday revealed that Baha Mar’s owner plans to invest up to $500m in developing a new 600-room resort on the site of the old Melia Nassau Beach hotel.
Commonwealth cuts loan delinquency by up to 5%
Commonwealth Bank says non-performing loans have reduced by between 1-5 percent across all credit segments since year-end 2022 as its portfolio expands faster than market growth.
CONCACAF Nations League: Bahamas could be relegated – Bahamas men’s national soccer team suffers 6-1 loss to Puerto Rico
The Bahamas men’s national soccer team suffered a 6-1 loss to Puerto Rico last night in the CONCACAF Nations League at the Juan Ramón Loubriel Stadium in Bayamon, Puerto Rico, and could end up being relegated from League B to League C.
BBFF can now boast of having 20 active professionals in the sport
WITH four more competitors earning their professional status this year, the Bahamas Bodybuilding and Fitness Federation can now boast of having 20 active professionals in the sport.
By-election spending is ‘win-win’ for Bimini
Bimini’s Chamber of Commerce president yesterday hailed spending by both political parties on today’s by-election as a “win-win” for all residents and the island’s economy.
Better IP protection ‘great’ but creatives require more
The Government’s bid to create a dedicated intellectual property (IP) office was yesterday hailed by musicians as a “great” advance in helping to safeguard their creative works against piracy and theft.
Maritime Corps thriving - with some challenges
Recently, the instructors involved in the Bahamas Maritime Cadet Corps (BMCC) held a conclave to discuss both progress and challenges.
‘Incredibly difficult’ for middle class to ever purchase home
Middle class Bahamians will find it “incredibly difficult to ever get a home”, developers and realtors warned yesterday, with financing and other hurdles constantly being raised that “little bit higher”.
Public sector debt drops $93m during first quarter
Total public sector debt fell by $93m during the first quarter of the 2023-2024 fiscal year, it was disclosed yesterday, cutting it slightly from its June peak as the foreign currency share fell by 1.5 percentage points.
Bahamians using renewables ‘without understanding’ them
Bahamians are using key components of renewable energy technology “without understanding where or when or how” it impacts their lives, regulators are asserting.
Bahamas ‘negligent’ in protecting innovators
The Attorney General yesterday admitted The Bahamas has been “negligent” in protecting the innovations of its entrepreneurs by failing to keep pace with intellectual property (IP) safeguards.
Bishop Grant makes closing pitch ahead of vote
Bishop Ricardo Grant pledged to be a fierce advocate and a strong voice that will fight for West Grand Bahama and Bimini.
No Bahamas taxes on Shell’s $1.55bn profits
The case for imposing a corporate income tax was yesterday said to be have been strengthened by revelations that a Shell subsidiary paid not a cent in tax on $1.55bn of profits generated in The Bahamas.
Academic star Camille dies of cancer, aged 19
A 19-year-old Bahamian college student who died from ovarian cancer on Saturday had been determined to finish her education, according to her brother.
‘CHAOS’ AS FERRY SANK, SAYS FAMILY: Grandmother who died in incident ‘was given faulty oxygen tank’
THE granddaughter of the 75-year-old American woman who died when a Blue Lagoon Island ferry teetered last week claimed staff gave her grandmother a faulty oxygen tank that couldn’t be turned on.
REBELS RUN AWAY WITH BATTLE 4 ATLANTIS TITLE: Coach Yo - first Bahamian coach to win the crown - and Ole Miss make history
The University of Mississippi Ole Miss Rebels pulled off a decisive 60-49 win over the University of Michigan Wolverines in the championship round of the third Bad Boy Mowers Battle 4 Atlantis women’s tournament yesterday at the Imperial Arena, Paradise Island.
Baha Mar Hoops takes centre stage
THE 2023 Baha Mar Hoops Pink Flamingo Championships for 10 NCAA division one collegiate women’s teams got started yesterday at the Baha Mar Convention Center with the Georgia Bulldogs, Ohio State Buckeyes and Florida Gators all producing early victories.
$5 fee for a cent debt
Kindly allow me a little space in your valuable newspaper to inquire if the one cent $0.01 drop or added to your bill has been changed or dropped. I paid a BTC Bill during the month of October 2023 with a balance of $00.56 cent and a payment of $00.55 cents was made and change was given back.
Witness accused of wrong calculations in Gibson trial case
A SENIOR manager of the Water and Sewerage Corporation (WSC) denied a defence attorney’s suggestion yesterday that she made the wrong calculations when estimating the cost of painting WSC tanks.
