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50% of Bahamians to use Sand Dollars by end-2024

Central Bank executives yesterday forecast that 50 percent of Bahamians will have active Sand Dollar accounts by year-end 2024, with 160,000 already using this nation’s digital currency version.

Govt’s ‘reprehensible’ failure led to woman’s ‘near financial ruin’

A Supreme Court judge has slammed the Government’s “reprehensible” failure that drove a Bahamian woman to “almost financial ruin” after it failed to compensate her over acquiring land for a road yet to be built.

Shipyard to go ‘beyond, but it won’t come easy’

Grand Bahama Shipyard’s top executive is voicing confidence that its $600m dry dock investment will grow its business “beyond” what it enjoyed in early 2019, but warned: “It’s not going to come easy.”

Demand worries over Gov’t bond ‘competitive bid’ move

A Bahamas-based investment banker yesterday said “insufficient demand” means the Government is unlikely to lower its domestic debt costs through the launch of competitive bidding for its securities.

Hotels ‘even stronger’ than touted 13% bookings leap

The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday disclosed some resorts are enjoying “even stronger” growth than the near-13 percent jump in advanced bookings through to February 2024.

Veteran boxer Carl Hield set to make his pro debut

VETERAN boxer Carl Hield is excited to make his professional debut next weekend at the International Knockout Night against Colombian John Blanco.

UB Mingoes men’s soccer team end up in scoreless tie with Atlantis University

THE University of The Bahamas men’s soccer team fought to a scoreless tie against Atlantis University in a match that had two red cards and eight yellow cards Thursday in Miami.

Medical marijuana: 'This is what it takes to get it right'

A Cabinet minister last night urged Bahamians to voice their opinions on the draft legislation to legalise and regulate medical marijuana because "that's what it takes to get it right".

Deltec chair to SBF: ‘Why in the world?’

Deltec Bank & Trust’s chairman yesterday said his response to Sam Bankman-Fried would be “why in the world” if the embattled FTX founder were to ever contact him.

Atlantis: We preferred other seaplane sites

Atlantis yesterday said it will swiftly ask the authorities to “reconsider” alternative seaplane landing sites that it prefers to the Montagu Bay option rejected by residents and the boating community alike.

Bahamas ‘leading from front’ on digital assets

The Attorney General yesterday argued The Bahamas is “leading from the front” on digital assets regulation as he sought to portray the jurisdiction as the ideal domicile for industry providers.

No ‘Passion’ over Love Beach condo

A former two-time Bahamas Real Estate Association (BREA) president yesterday said it was “too bad” a developer and Love Beach residents “cannot meet half-way” as both sides await a planning appeal’s outcome.

Atlantis to seek new spot for seaplane operation

ATLANTIS will pursue an alternative location for its desired seaplane operations after residents repudiated their request to establish it in Montagu Bay.

Jazz Chisholm Little League teams sweep five divisions at 2nd Reloaded Invitational

THE Jazz Chisholm Little League (JCLL) teams took home five division championships at the second edition of the Reloaded Baseball Invitational.

STATESIDE: Biden facing increasingly challenging issues as elections near

US President Joe Biden’s life and job just got a whole lot more complicated and fraught this week, and on top of that, his stubbornly low popularity ratings in recent months have offered little consolation that he will be rewarded next year with another term in office.

International link sees UB join forces with Cambridge

AN INTERNATIONAL link-up has seen the University of The Bahamas (UB) partner with the University of Cambridge and the Securities Commission of The Bahamas to provide a Fintech and Innovation programme.

DARE act has learned lessons from FTX fall

THE DARE act will have to adjust to the inherent risks associated with crypto currency after the collapse of FTX, including dealing with staking and separation of assets, said Christina Rolle, executive director of the Securities Commission of the Bahamas, yesterday.

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