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Gov’t may give up ‘bit’ of taxes for gas margin rise
The Bahamas Petroleum Retailers Association’s (BPRA) vice-president yesterday revealed the Government may give up “a bit” of its gasoline tax revenues to facilitate a margin increase for dealers.
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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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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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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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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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‘Big Daddy’ prostate cancer screening initiative launched in Cat Island
A PROSTATE screening initiative was launched in Cat Island on May 18.
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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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David Watson makes his breakthrough in ‘Hyrox’
THE Bahamas has had representation in just about every sport you could imagine.
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DEPP ‘roadblock’ fear over $24m in projects
More than $24m worth of development and construction projects targeted at Hope Town have been placed on hold due to the creation of a “major roadblock” in the approval and permitting process.
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Drop ‘old-style politics’ to improve fiscal credibility
The Government must not “hold its cards close to its chest” if it knows it will miss this year’s $131m fiscal deficit target by a significant margin, a senior Bahamian banker warned yesterday.
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‘Dirty power’ danger worsens Superwash’s 47.5% cost hike
Superwash’s principal yesterday asserted that the “dirty power” produced in The Bahamas is just as great a threat to business stability as last year’s 47.5 percent increase in electricity costs.
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Prosecutors attack FTX Bahamas chief’s claim to be ‘whistleblower’
US prosecutors have downplayed the whistleblower role performed by FTX’s former Bahamas head in demanding that he be sentenced to up to seven years’ in prison.
