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50% fear or pay bribes for building and import permits
Fifty percent of Bahamian companies seeking construction and import-related permits say they have either been asked, or expect, to pay a bribe to obtain the required approvals, it has been revealed.
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Financial group chair to gain trailblazer award
A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.
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Albany developer’s Bahamas return after spared jail time
ALBANY’S principal investor was given permission to return to The Bahamas as early as yesterday after being spared jail time following his previous guilty plea to securities fraud.
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Disclosure chair would not say who filed
WEEKS after the deadline passed for parliamentarians to make their annual financial disclosures, Public Disclosure Commission chairman Bishop Victor Cooper still could not say yesterday how many completed their filings.
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Gov’t eyes jet ski safety crackdown
The Government is eyeing a safety crackdown on jet ski operators that could result in the industry having to sign up to and abide by a ‘code of conduct’, it was revealed yesterday.
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COP: murders up 27 percent over last year
POLICE Commissioner Clayton Fernander provided statistics yesterday showing murders are up 27 percent, while armed robberies have declined by 43 percent.
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Gov’t u-turn on Nassau solar bidding deadline
THE Government has performed a u-turn over the deadline by which all bids on the New Providence renewable energy and microgrid project must be received, it can be revealed.
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Minnis: People look at disclosures ‘as a joke’
FORMER Prime Minister Dr Hubert Minnis said “people look at it as a joke” regarding the filing of financial declarations as required by the Public Disclosure Act.
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PM on public disclosures: 'I made my deadline'
PRIME Minister Philip “Brave” Davis was tightlipped today over whether members of the governing party filed their public disclosures on or before the March 1 deadline as mandated under the Public Disclosure Act.
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Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
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Adapt to tourist profile so we ‘blow past’ 2019
Family Island hotels must adapt to a visitor demographic profile that has been flipped upside down over the past decade if they want to “blow past” pre-COVID numbers, a top tourism official is warning.
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NIB’s $240m loss at COVID’s peak
COVID-19 has left the National Insurance Board (NIB) facing an “uphill lift” to recovery after plunging the nation’s social security system into a $240m loss at the pandemic’s peak.
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URCA independence fear over director terminations
CABLE Bahamas is urging the Government to reform the law so as to preserve the Utilities Regulation and Competition Authority’s (URCA) independence and reduce its costs.
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Bahamas wants 2,000 more hotel rooms for ‘good footing’
THE Bahamas’ prospects for continued tourism growth depend on bringing 2,000 hotel rooms, or 15 percent of its total pre-COVID inventory, back on line swiftly with the industry at “maximum capacity”.
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GoFundMe seeks to help family after murder of former MP Saunders
THE FAMILY of Don Saunders is seeking to raise over $300,000 to pay off his housing debts and support his grieving wife and teenage children.
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PM told GBPA’s owners: I have ‘no confidence’ in you
THE Prime Minster personally told the Grand Bahama Port Authority’s (GBPA) owners that he has “no confidence” in their ability to “realise the promise and potential of” Freeport.
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Suicides down by 25 percent despite remarkable 86 percent rise in attempts
ALTHOUGH suicides decreased by 25 per cent in 2023 compared to 2022, attempted suicides increased by a remarkable 86 per cent, according to police statistics released yesterday.
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Nassau/PI beating forecasts after ‘hair raising’ crime woe
NASSAU/Paradise Island resorts were yesterday said to “all” be beating expectations heading into the peak Easter weekend as the sector rebounds from the “hair-raising” crime alert fall-outs.
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PI Straw Market relaunch to boost tourism’s authenticity
Senior Atlantis executives say the Paradise Island Straw Market’s relaunch, and creation of the accompanying Food Village, will provide tourists with more authentic experiences.
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$36m stadium repair to finish 14 days before World Relays
THE Chinese government is fully covering the $36m repairs to the Thomas A Robinson National Stadium, which officials expect to be completed at least 14 days before the World Athletics Relay.