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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.
Cross-border payments with digital currency ‘next step’
USING digital currency to settle cross-border payments is a “natural progression”, according to Dr Allan Wright, manager at the Central Bank of The Bahamas.
Fintech can ‘help reach those without banking’
FINTECH can help “promote greater financial inclusion” and provide a banking solution for those without accounts in the region, said Prime Minister Philip “Brave” Davis yesterday.
ALICIA WALLACE: 30 years since The Bahamas signed Convention on the Elimination of all forms of Discrimination Against Women
FRIDAY, October 6, marked the 30th anniversary of The Bahamas ratifying the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW). It was marked by a proclamation, printed in both national newspapers, of October 6, 2023, as Elimination of All Forms of Discrimination Against Women Day. The Prime Minister called on organisations, businesses, and families to recognise the importance of women’s rights and the elimination of discrimination against women with relevant activities and programmes.
Police searching for culprits that stole $80,000 worth of equipment from the Bahamas Red Cross on Monday
A MANHUNT is on for those who robbed the Bahamas Red Cross of nearly $80,000 worth of equipment on Monday.
Gov’ts health reform: ‘We cannot do it all’
The Opposition’s chairman has backed the Government’s pledge to introduce National Health Insurance’s (NHI) catastrophic care component as “a game changer”, but warned: “We cannot do it all.”
GB Shipyard’s $600m go-ahead is ‘fantastic’
A hotelier yesterday hailed confirmation that Grand Bahama Shipyard’s $600m dry docks investment is to proceed as “fantastic news” given that the company previously generated up to 40 percent of his annual revenues.
Atlantis sparks strong opposition over Montagu Bay seaplane bid
An Opposition MP, nearby residents and the sailing community last night voiced opposition to Atlantis’ bid for a water aerodrome licence at Montagu Bay that would facilitate domestic seaplane tours for its guests.
ArawakX denies client fund ‘commingling’ allegations
The Bahamas’ first-ever crowd-funding platform has vehemently denied there is any “ongoing commingling” of client and company funds and blamed an “accounting error” for the only occasion this occurred.
IMF’s latest projections show growth to ‘regress’
The International Monetary Fund’s (IMF) latest projections for The Bahamas reiterate that medium-term economic growth may not generate sufficient revenues to escape new and/or increased taxes, it was argued yesterday.
Dunkin’ Donuts donates $10,000 to ‘Junkanoo Jingle to Bay’ 5k Race
DUNKIN’ Donuts Bahamas donated $10,000 towards the ‘Junkanoo Jingle to Bay’ 5k Holiday Race fundraiser to support youth development in The Bahamas.
Bahamas Professional Golf Tour season opens with a bang at Baha Mar
IT was an exciting start to the Bahamas Professional Golf Tour season when Riccardo Davis, founder of the tour, secured the victory at the BPGT Classic in September after some drama on hole 18 ensued between him and David Harris.
Arawak Homes sponsors employee Kaiwan Culmer’s journey to Paris Olympics
ARAWAK Homes Limited announced their decision to sponsor their fellow employee and triple jumper Kaiwan Culmer on his quest to qualify for the 2024 Paris Olympics.
Man charged with September murder of Macenzi Cajuste
A MAN is behind bars after he was accused of killing a man on bail outside a grocery store in Coconut Grove last month.
North Abaco targeted as manufacturing hub
The Government was yesterday said to have initiated “the North Abaco project” in an effort to first lure Caribbean manufacturers, then those outside the region, to set-up plants for US export.
PM: Caribbean half-way to 25% food import slash goal
The Prime Minister yesterday said The Bahamas and wider Caribbean are half-way towards achieving their goal of reducing food imports by 25 percent come 2025.
Chamber chief calls for Caribbean trade boost
The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman yesterday called for more intra-regional trade to strengthen Caribbean economies amid ongoing COVID-related supply chain woes.
Citi executive ‘mildly optimistic’ over travel
A senior Citi executive yesterday said he was “neutral to mildly optimistic” that travel and, by extension, The Bahamas’ tourism industry will not be impacted by a global recession in 2024.
Gardeners celebrate the Beauty of 50
FOUR of the country’s largest garden clubs will combine their talents for a special showcase to commemorate the country’s fifth anniversary of Independence.
Oktoberfest events come to Grand Bahama
GRAND Bahama has added a new festival to its calendar of events: Oktoberfest.
