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BTC union anger erupts on manager dismissals
The Bahamas Telecommunications Company’s (BTC) top executive yesterday said there will be times when the carrier and its two trade unions "vigorously disagree" amid demonstrations over staff terminations.
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Fraud issues behind Finco’s $500 ATM daily limit
ROYAL Bank of Canada’s (RBC) BISX-listed mortgage financier has this week imposed $500 daily automated teller machine (ATM) withdrawal limits in a bid to better protect customers from fraud.
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No ‘monopoly pricing’ through $25m air freight terminal deal
THE Government will not permit “monopoly pricing” by the private operator of Nassau’s air freight terminal, its top finance official asserted last night, as he pledged to make the deal a “win-win-win” for all.
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Central Bank in multiple exchange control eases
THE Central Bank last night unveiled multiple reforms to further relax The Bahamas’ exchange control regime that it believes will not create any “material” risks for the US dollar peg and wider economy.
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GAIN AN EDGE – Sophia Walker: BTVI helping to boost and enhance employment skills
IT has been over ten years since Sophia Walker began serving on Programme Advisory Committees (PAC) of the Bahamas Technical and Vocational Institute (BTVI).
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CARIFTA: Team Bahamas picks up four medals in the morning field events
St George’s, Grenada: Team Bahamas continues to strive for excellence at the 51st CARIFTA Games adding four more medals to their count in the morning session of day two at the Kirani James Athletics Stadium.
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Fernander: ‘Family island courier services easy target for gun import’
AFTER Police Commissioner Clayton Fernander highlighted gun trafficking has now trickled into the Family Islands as a result of people abusing courier services, local courier businesses said they are open to help preventing weapons from being brought into the country.
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‘Total incompatibility’: But $100m project forges on
AN Exuma-based developer says it is pursuing all necessary approvals for a $100m project that has forced a neighbouring resort to place its development plans on hold and raised environmental concerns.
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Man sentenced to four months for marijuana possession
A MAN was sentenced to four months in prison on Friday after he admitted to the possession of 33 grams of marijuana last week.
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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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Six Senses expecting final approvals by April with construction beginning as early as late summer
SIX Senses Grand Bahama could obtain its final approval from the Department of Environmental Protection and Planning (DEPP) by the end of April, according to the company. Matt Rienzo, chief of marketing and staff at Weller Development Partners, said renderings of the residences in the $10m to $20m price range were released last week.
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PM: Bahamas must avoid ‘pitfalls of past’ over FATF
The Bahamas must “avoid stumbling into the pitfalls of the past” by upholding regulatory standards to maintain its perfect rating on anti-financial crime compliance, the Prime Minister says.
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New Era Gym Rats win GBABA title
THE Grand Bahama Amateur Basketball Association completed their best-of-five championship series at the St George’s Gymnasium on Saturday night.
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Dealers: Used car sales up 30% with ‘level playing field’
AUTO dealers yesterday argued they could increase their used car sales by up to 30 percent if the authorities enforce a competitive ‘level playing field’ with roadside vendor rivals.
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PM unveils vision for African financial links
THE Prime Minister yesterday unveiled his vision and road map for developing stronger financial ties with Africa via a plan that capitalises on The Bahamas’ long-standing strengths.
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BPL rates ‘among the highest’ consumers pay in the region
Bahamians are paying “among the highest” electricity prices in the Caribbean even though the base rate is set “below cost” with tariff charges said to be double the global average.
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Soaring into Grand Bahama’s future
THE Bahamas appears set to have its first licensed skydiving operation after a Grand Bahama company conducted a successful demo dive under the watchful eyes of the Civil Aviation Authority Bahamas (CAAB) yesterday.
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Date yourself, baby girl
IN THIS era of TikTok influence - the “girlies” are promoting more now than ever - the importance of taking time to “date yourself” as a woman.
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PI resort, development escape tax debt sell-off
A Paradise Island resort and Long Island investment project are among those that have escaped being sold-off by the Government through settling their alleged real property tax delinquency.
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Treasure Cay gets ‘break we’ve waited 35 years for’
TREASURE Cay stands poised for “the break we’ve been waiting for for 35 years” after a Florida-based developer last night confirmed he has a “binding” deal to acquire the Abaco development.
