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$256m FTX properties to ‘hit market within 30 days’

FTX’s $256m Bahamian property empire is set to “hit the market within the next 30 days” after five to seven local realtors were selected to handle their disposal.

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Developer to unleash $1bn in properties over 5-6 years

A Bahamian developer is aiming to unleash $1bn in new real estate within the next five to six years as it likened this nation’s high-end property market to Long Island’s upscale Hamptons community.

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THE KDK REPORT: A split second, part one

THERE are days when life is so full of splendor and majesty that you can’t stop smiling. Consequently, like two halves of a coin, the inverse can also be true because light and dark co-exist on an ever-present basis. And, on the days when life feels dark and devoid of joy, time virtually stops. In the worst of circumstances, the grief is all-consuming. In the space where on a good day there would be happiness, there is only emptiness and it feels like it will last forever.

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Minnis campaign says processes 'unfair' ahead of convention

THE campaign to elect Dr Hubert Minnis as leader of the FNM has made a number of allegations - including an unfair process and breaches of the party’s constitution.

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Halkitis: Govt committed to avoiding tax increases

THE Davis administration will present its budget for the next fiscal year this week, and Economic Affairs Minister Michael Halkitis says the administration is maintaining its commitment to not raising taxes.

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FTX properties up for sale in next month

FTX’s $256m Bahamian property empire is set to “hit the market within the next 30 days” after five to seven local realtors were selected to handle their disposal.

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OPM to monitor FTX donation claims

The Office of the Prime Minister will continue to monitor allegations that FTX and its former CEO Sam Bankman-Fried paid $675,000 to entities affiliated with high-ranking Bahamian government officials and their families.

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Missing boy found in Eleuthera

A 13-year-old boy who had been missing for more than a week in Eleuthera was found alive and in good health by police on Friday.

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Budget must ‘move needle’ on creditworthiness, growth

The upcoming Budget must focus on “moving the needle” on The Bahamas’ access to affordable foreign currency financing and higher economic growth, a governance specialist urged yesterday.

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Talks to save 20 CIBC jobs ‘look prosperous’

A union leader last night said efforts to secure new jobs for around 20 CIBC Caribbean staff are “looking prosperous” as the bank moves to shutter its Bahamas call centre by next month.

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DEPP chief: CEC permit needed ‘no matter what’

The Government’s top environmental official yesterday said a key approval is required “no matter what” amid fears this will “roadblock” $24m worth of Hope Town construction projects.

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Minister ‘cautiously optimistic’ over $900m carbon credits

A Cabinet minister yesterday said the Government is “cautiously optimistic” that The Bahamas could earn $900m per year from monetising its seagrass and mangrove carbon sinks.

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More FNM members throw support behind incumbent leader Pintard

MORE members of the Free National Movement who former Prime Minister Dr Hubert Minnis appointed to Cabinet threw their support behind Michael Pintard yesterday ahead of the upcoming one-day convention.

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Mom accused of failure to report abuse of her child

A MOTHER was remanded in custody yesterday after she was accused of failing to report the molestation of her daughter earlier this month.

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FTX’s $675k link to govt officials

FTX and its jailed founder, Sam Bankman-Fried, paid $675,000 to “entities affiliated with high-ranking Bahamian government officials and their families”, it was revealed yesterday.

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David Watson makes his breakthrough in ‘Hyrox’

THE Bahamas has had representation in just about every sport you could imagine.

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‘Tum Tum’ promoted

While he’s preparing to play for the Bahamas men’s national team in the Olympic Qualifier in July, Lourawls ‘Tum Tum’ Nairn Jr is getting used to his new role as the associate head coach for the Bowling Green State Falcons men’s basketball team.

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Halkitis: Bahamas can monetise blue carbon credits from its seagrass

ECONOMIC Affairs Minister Michael Halkitis said The Bahamas could monetise blue carbon credits from its seagrass by the end of 2025.

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Betty K warning over fake website

A BAHAMIAN shipping company has been targeted by fraudsters - with a fake website set up to try to fool customers.

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‘Big Daddy’ prostate cancer screening initiative launched in Cat Island

A PROSTATE screening initiative was launched in Cat Island on May 18.