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Bahamas liquidators explore FTX ‘restart’

FTX’s remaining Bahamas-based staff were paid a collective $635,297 through to end-January 2023 as provisional liquidators explore “options” that may include restarting its trading platform, it was revealed last night.

‘Stop fattening pockets’ of foreign food suppliers

The Bahamas must “stop fattening the pockets” of foreign food suppliers by enabling its farmers to exploit more than $50m worth of meat and vegetable possibilities, an agriculture entrepreneur argued yesterday.

‘Worryingly low’ graduation’s blow to high-value economy

The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.

The Bahamas has enough US fast food chains

We are crossing a dangerous threshold. At risk is not only the nation’s veritable blood pressure, but Nassau’s sociocultural integrity.

Scoring King: James passes Abdul-Jabbar for NBA points mark

LeBron James is the NBA’s new career scoring leader.

Tennis ace Justin Roberts looking forward to productive season

AFTER sitting out for the past two months and-a-half with an injury, the Bahamas’ top ranked international tennis player Justin Roberts is back and is looking forward to a productive season this year.

PM outlines six key fiscal strategies; hopes to double revenue collection

PRIME Minister Phillip Davis outlined six key priorities of the 2022 Fiscal Strategy report as he led debate in the House of Assembly yesterday - and hopes to nearly double the amount of real property tax collected.

'Full-throated' effort urged on regulatory compliance

The Bahamas must display a "full-throated commitment" fighting all forms of financial crime, the attorney general reiterated yesterday, while pointing to the imminent challenge posed by global corporate tax reforms.

Opposition finance chief: GBPA has 'outlasted time'

The Opposition's finance spokesman yesterday backed calls for change at the Grand Bahama Port Authority (GBPA) and argued that its present structure has "outlasted the times".

BOB hopes for imminent commercial loan restart

BANK of The Bahamas is hoping to receive regulatory approval to restart commercial lending activities next month, its managing director said yesterday.

Crawfish prices fall 42% but catch high

BAHAMIAN fishermen are confirming that crawfish prices have slumped 42 percent from last year’s high although catch volumes remain high.

Two men accused of last week's Fox Hill murder remanded until trial

TWO MEN were remanded to prison yesterday after being accused of the fatal shooting of a man while the suspects were in a stolen car last week.

Bahamian allegedly plotted with Maryland woman to attack power grid

BALTIMORE (AP) — BAHAMIAN Brandon Russell, a self-described Neo-Nazi and former St Andrews School student based in Florida, is alleged to have spent months conspiring with a Maryland woman to plan an attack on Baltimore's power grid, hoping to further their racist mission, law enforcement officials said Monday.

Bahamasair suspends flights to Haiti’s capital

Bahamasair’s weekly jet service to Cape Haitien has been “leaving full every time” even though service to the country’s capital has been suspended from January 28, its managing director revealed yesterday.

FTX’s Bahamian liquidators move for US legal standing

FTX’s Bahamian liquidators will next Wednesday seek US legal recognition that will enable them to conduct investigations and pursue the local subsidiary’s assets held in the United States.

UB Mingoes men beat Giants 69-51

THE University of The Bahamas Mingoes men’s basketball team pulled off a 69-51 rout over the TMT Giants as the two teams faced off in their second matchup of the New Providence Basketball Association (NPBA) season at the AF Adderley Gymnasium on Saturday night.

DEREK SMITH: Balancing the risks of working at home

There is no doubt that remote working will continue to grow. With remote work becoming a significant business practice, it has quickly risen to the top of many executives’ agendas and become a vital component of talent attraction, employee retention and staff satisfaction. According to Deloitte & Touche’s Global Remote Work Survey, “over 80 percent of organisations have implemented some form of remote work policy”.

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