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Bahamas' financial services sector 'world class' ahead of FATF assessment
PRIME Minister Philip Davis trumpeted The Bahamas’ “world-class” financial services sector as the country prepares for another mutual evaluation assessment by the Financial Action Task Force (FATF) “on the horizon”.
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PM dismisses concern GBPA dispute will undermine investor confidence
PRIME Minister Philip “Brave” Davis dismissed concerns that the government’s dispute with the Grand Bahama Port Authority (GBPA) undermines investor confidence and suggested that investors already lacked interest in the island.
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BTC slams ‘excessive’ $209,488 URCA fine
The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.
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Now-Cabinet minister wins just 14.5% of union claim
A SUPREME Court judge has awarded a now-Cabinet minister just 14.5 percent of the compensation he was seeking over a breach of contract battle with the Bahamas Union of Teachers (BUT).
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‘15 years too little for killing my son’
THE mother of Omar Davis, Jr –– the high-achieving young accountant killed in 2022 –– said the 15-year sentence her son’s killer has received is a “slap on the wrist” that does not bring justice.
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PharmaChem more than $68m insolvent
PharmaChem Technologies is more than $68m insolvent with its major creditor having secured just 26.3 percent of the massive debt owed to it, Tribune Business can reveal.
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