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FTX chief’s Albany handover to preserve $200m recovery
The head of FTX’s Bahamian subsidiary is handing over his Albany home to local liquidators to ensure the recovery of “more than $200m” from selling-off the crypto exchange’s real estate is not endangered.
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Minister: We’ll leave taxi sector in ‘better condition’
A Cabinet minister has pledged the Davis administration will leave the taxi industry in “better condition” than it found it with the new driver code of conduct not designed just to “reprimand”.
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FTX’s Salame hands $200m Albany home to liquidators
THE head of FTX’s Bahamian subsidiary is handing over his Albany home to local liquidators to ensure the recovery of “more than $200m” from selling-off the crypto exchange’s real estate is not endangered.
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Lodge owner ‘can’t deal’ with BPL power outages
South Andros and Mangrove Cay residents yesterday urged the Government to “put their foot on BPL” after a 24-hour power outage knocked out all the area’s utilities and Internet service.
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Minister urges private sector aid for ‘country-changing’ initiative
A Cabinet minister last night urged the private sector to participate in the National Apprenticeship Programme and improve workforce skills levels.
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GBPA seeks to reassure on ‘unfortunate public noise’
The Grand Bahama Port Authority (GBPA) last night moved to reassure its licensees and potential investors over “the very unfortunate public noise” created by its $357m dispute with the Government.
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'Horrendous' surge in contractor walk-aways
The Bahamian Contractors Association's (BCA) president yesterday revealed there has been "an horrendous" increase in complaints over the past 12-18 months about contractors abandoning clients.
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Don’t ‘erode’ public worker benefits in pension reform
The Government’s public sector pension reforms “must not erode the benefits” workers enjoy under their current scheme, a union leader is warning, while challenging if those impacted were consulted.
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Davis govt ‘vindicated’ as stadium ‘sold out’ for World Relays
YOUTH, Sport and Culture Minister Mario Bowleg said the World Relays over the weekend vindicated the Davis administration’s decision to renew The Bahamas’ commitment to the event.
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Pintard: Gang Bill may hurt innocent parents
CHARGING parents for harbouring children who are gang members will cause suffering for many good parents, Free National Movement leader Michael Pintard warned yesterday, adding that most parents do not know the double life their children may lead.
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Activist ‘cosmically disappointed’ with Gov’t over dolphins’ rescue
The environmentalist who led the campaign to close Blackbeard’s Cay yesterday asserted she is “cosmically disappointed” in the Government while branding the surviving dolphins’ rescue a “PR stunt”.
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Wendy’s: Atlantis can’t dictate what happens on PI
WENDY’S attorneys yesterday asserted that Atlantis cannot dictate all that happens on Paradise Island even though it may view the fast-food restaurant as “not up to snuff”.
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'Social warrior and source of moral clarity' - Former National Security and Immigration minister Loftus Roker dies at 88
Former Minister of National Security and Immigration, and one of the signatories to The Bahamas Constitution, A. Loftus Roker has died.
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‘Priority’ to strike cruise port balance for taxis
A Cabinet minister says it is a “priority” to find the correct “balance” between taxi drivers and the Nassau Cruise Port to ensure it is “fair and just” for all parties.
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Starlink's arrival coincides with record Internet users increase
Fixed broadband Internet subscribers enjoyed their highest-ever year-over-year increase in 2023 to coincide with the market entrance of Elon Musk's Starlink service, it was revealed yesterday.
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Airline says fix airport or we pull out of route
A Cabinet minister yesterday revealed that American Airlines threatened to pull out of its Governor’s Harbour route expansion if $6m in airport upgrades were not completed within two months.
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Mitchell demands halt to cemetery’s appeal
A CABINET minister was yesterday revealed to have intervened on behalf of his constituents over a planning appeal involving a proposed 13-acre Bernard Road cemetery that is heavily opposed.
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'Operation United Force' nets weapons, drugs and a dozen arrests
A joint operation with local and international authorities targeting high-crime areas and prolific offenders in Abaco led to a dozen arrests and the seizure of two firearms today.
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Gov’t in ‘shelf ready project’ for Ginn site
The Government is seeking to transform the stalled 2,012-acre former Ginn development into a “shelf ready project” that is more appealing to potential investors and purchasers.
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Forest fire hits Coral Harbour
A MASSIVE forest fire erupted in the Coral Habour community yesterday.