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FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
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Sears says newly launched Traffic Management Centre first phase to cost $1.8m
THE Ministry of Works and Utilities launched the first phase of its Traffic Management Centre yesterday.
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Michael Pintard appealing for help to find missing Grand Bahama man
FREE National Movement leader Michael Pintard is appealing for help finding Philip “Big Mama” Stubbs, who has been missing for almost a week.
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Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
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‘Uncle Lou’ Adderley set to be inducted October 14
THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.
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Club Med: Over 75% of workforce returns
Club Med's general manager yesterday revealed that more than 75 percent of the resort's staff have returned to work at the property despite its near three-year shutdown due to COVID-19.
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Gov't to 'unleash' $200m Water Corp investments
An MP yesterday said the Davis administration is poised to "unleash" the most ambitious capital investment initiative ever by the Water & Sewerage Corporation with $200m earmarked for 80 projects over a five-year period.
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Jonquel Jones on a roll in postseason
New York Liberty to face Las Vegas Aces in Game 4 of WNBA Finals tonight
GRAND Bahama native Jonquel “JJ” Jones has been on a tear in the postseason which helped the New York Liberty to keep their championship window open on Sunday in an elimination game against the Las Vegas Aces.
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Senate’s vice-president attends trade conference
THE Senate’s vice- president represented The Bahamas at a recent trade and economic conference in his role as the Trade Commission’s deputy chairman.
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40 to 80 percent 'show no symptoms of dengue'
ABOUT 40 to 80 percent of people show no symptoms of dengue, with most of the recently confirmed 100 cases confined to the inner city in New Providence, according to officials from the Ministry of Health and Wellness on Friday.
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Investigation into missing funds nears completion
DEPUTY Police Commissioner Leamond Deleveaux said police are 80 per cent complete with their investigation into funds allegedly misused during the small home repairs programme under the Minnis administration.
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BDOCS 2022 annual report tabled in House
THE Bahamas Department of Correctional Services’ Internal Affairs Unit investigated 56 reports of alleged misconduct involving prison officers in 2022, with disciplinary action happening in nearly 80 per cent of the matters reported.
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Uriah McPhee primary school expected to open today with staggered learning
DOMINIQUE McCartney-Russell, acting director of Education, said the Uriah McPhee Primary School is expected to open today with staggered learning that will see some students return today and others next week.
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Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
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Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
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Almost 1m referrals to Nassau/PI hotels
A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.
