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Three groups eyeing BISX digital assets partnership
The Bahamas International Securities Exchange’s (BISX) chief executive says he is keen to avoid any “let down” with three separate groups “expressing significant interest” in partnering with it to develop a digital assets arm.
Bahamians were more interested in ‘socialising’ than digital training
Bahamians were initially more interested in socialising than learning new technology-related skills deemed vital to prospering in the 21st century’s digital-driven economy, a report has revealed.
Gov’t: Communications sector regulation requires full review
The Government has determined that “a comprehensive review of the legal and regulatory framework” governing the electronic communications sector is now critical given the speed at which it and associated technologies are evolving.
‘Don’t get tied down’ to 50% debt-to-GDP goal
The Bahamas must move away from its 50 percent debt-to-GDP target and instead prioritise achieving economic growth rates “north of 3.5 percent” to get back on track, a governance reformer is arguing.
BPL ‘stranglehold’: Business battles up to 100% bill rises
Soaring Bahamas Power & Light (BPL) bills were yesterday said to be imposing “a stranglehold” on commerce with multiple businesses struggling to survive up to 100 percent year-over-year increases in their energy costs.
Political implications for West GB
From the outset I would like to extend sincere condolences to the family of the late West End and Bimini MP Obie Wilchcombe. His death is a grim reminder of the uncertainty and brevity of life on this side of eternity and the importance of living each day as if it would be our last, with our focus on the Lord Jesus Christ
'Relentless brain drain' hurts local healthcare
The "relentless brain drain" means the Bahamian healthcare system continues to suffer from a shortage of nurses, midwives, pharmacists and other healthcare professionals, a senior government official reiterated yesterday.
'White hot' Cable Beach development 85% sold
A high-rise Cable Beach development was yesterday branded "white hot" with 85 percent of its first-phase units already sold even though its construction will only be completed in 2024.
Tax increases make Bahamas hard sell
A former Association of The Bahamas (ABM) president yesterday argued that this nation will be a hard sell at the upcoming Monaco Yacht Show due to increased taxes and fees levied on the industry.
DPM: 'Strong case made' to build GB air cargo hub
The deputy prime minister yesterday said he and his team have made "a strong case" for Qatar Airways to establish an air cargo hub on Grand Bahama during their three-day visit to the Gulf state.
Junkanoo Beach chief backs management company idea
The Junkanoo Beach Association's (JBA) president yesterday argued that his group would be the best management authority to administer the destination should the Government choose to outsource this responsibility.
Why seeing mom again makes such a difference
Children of women incarcerated at the Bahamas Department of Correctional Services (BDCS) were allowed to spend the day visiting with their mothers through the Grow Your Child Programme.
Apprentices shine through on training programme
A group of apprentice service technicians successfully completed the training programme at Machinery and Energy Limited (M & E).
PETER YOUNG: This year’s UN General Assembly reveals increasingly multi-polar world
IN previous columns I have drawn attention to the gradual increase of world summit meetings in recent years. But there is, of course, nothing to compare with the UN General Assembly (UNGA) which is the important gathering in New York of its 193 nations annually in September. It claims to provide a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter of the United Nations, though there are also opportunities for bilateral meetings between individual countries.
EDITORIAL: A time to mourn and to remember
IT was the faces that told the story yesterday.
Obie Wilchcombe’s death sets up first by-election since 2012
THE death of West End Grand Bahama and Bimini MP Obie Wilchcombe will trigger the first by-election in The Bahamas since 2012.
Founder interest ‘four times’ higher than Jack’s Bay goal
Sir Franklyn Wilson yesterday said the 1,200-acre Jack’s Bay project has attracted interest from “four times” the number of founding buyers it is targeting while receiving “a very strong endorsement” from Scotiabank.
Opposition alarm on S&P’s three times’ higher deficit
The Opposition’s finance spokesman yesterday voiced alarm over Standard & Poor’s (S&P) prediction that the fiscal deficit for the 2023-2024 Budget year will come in more than three times’ higher than the Government’s forecast at $466m.
RBC’s $22m payment suspicion ‘reasonable’
The Court of Appeal yesterday ruled it was “reasonable” for Royal Bank of Canada (RBC) to find that $21.957m paid to a Bahamian businessman by a Slovakian he has never met for investment in his sand mining venture was “suspicious”.
Tax authorities push Out Island compliance drive
The Government’s major tax authority is undertaking a Family Island compliance tour to better educate residents and businesses on the need to pay their due tax obligations and how to do so, it was confirmed yesterday.
