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Bahamian digital asset move drives job creation
The Bahamas’ entry into the digital assets space has created at least 30 jobs, and pumped over $5m into the economy, by attracting new broker/dealers and cryptocurrency exchanges to this nation, a financial provider says
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DPM ‘not concerned’ on Fintech regulatory threat
The Deputy Prime Minister says The Bahamas is “not concerned” about the potential threat of increased international regulatory pressures and scrutiny due to the growth of its digital assets industry.
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Gov’t’s ‘Fintech festival’ aiming to attract 3,000
The Government is planning to stage an “international Fintech festival” that will attract 3,000 industry executives to The Bahamas early next year and further boost this country’s digital asset ambitions.
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Digital court recording system in Grand Bahama
A new digital court recording system has been installed and is now operational in both the Supreme and Magistrate Courts in Grand Bahama.
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Technology provider eyes data recovery laboratory
A Bahamian technology provider says it is investing in a “data recovery laboratory” that will employ biometrics, and face and voice recognition, to help prevent fraud in an increasingly digital world.
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Bust or deflated
ActivTrades
ACCORDING to experts, the cryptocurrency Bitcoin is entering its lowest and darkest market phase. The price of Bitcoin fell to its lowest level since December 2020 on Wednesday, and even hit $20,000 for a short time. The oldest digital currency was trading at around $20,500 on Friday, June 17.
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Capital Group gives $50k to youth education
TO celebrate its fifth year in business, IX Capital donated $50,000 for youth education in Financial Services.
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‘No break’: Property cover to stick near all-time high
A Bahamian insurer yesterday warned “there’s just no scope for a break” on property insurance prices that are “pretty close” to all-time highs following double-digit percentage increases last year.
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Workers won't see 'equitable rebound'
Bahamian workers are unlikely to enjoy an “equitable rebound” in employment conditions post-COVID, the Inter-American Development Bank (IDB) is warning, with the pandemic likely to have worsened existing skills gaps and mismatches.
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Technical problems delay report card collection
THE Ministry of Education has announced a delay in report card collection at all public schools due to technical challenges with the ministry’s Learning Management System.
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‘Can’t be left behind’ in competitive world
The global pandemic has presented us with many opportunities and lessons for creating a society that is more sustainable and better prepared.
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Revenue chief: ‘No choice’ in pursuing $800m arrears
The Government’s top revenue official has admitted that the failure of successive administrations to enforce compliance with the law has resulted in the $800m “astronomical arrears” over real property tax.
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Junior girls hope to ‘get back into medal round’
FIBA Centrobasket Under-15 Girls Championship
Head coach Varel Davis said the Bahamas junior girls national team is a very young team, but they are performing as best as they can at the FIBA Centrobasket Under-15 Girls Championship.
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ORG officials attend Summit of the Americas
LOCAL officials of the Organisation for Responsible Governance have attended the IX Summit of the Americas.
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Jazz has grand slam among two homers, Marlins win
MIAMI (AP) — Jazz Chisholm Jr. homered twice, including a grand slam, and had a career-high six RBIs as the Miami Marlins beat the Washington Nationals 12-2 on Tuesday night.
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Heart disease top cause of death in nation
ISCHEMIC heart disease is the number one cause of death in the country, according to Health Minister Dr Michael Darville.
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Discussions over removing mask mandates on Family Islands
HEALTH and Wellness Minister Dr Michael Darville said officials are currently discussing whether to remove the remaining mask mandates on certain Family Islands that have no active cases of COVID-19.
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Gov’t drafting carbon credit exchange law
The Government is developing legislation to establish a carbon credit exchange in The Bahamas to further boost its ambitions to make this nation “a global centre” for the emerging industry.
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‘We won’t give shop away for porridge’
The deputy prime minister yesterday pledged that the Davis administration will “not give the shop away to investors for a bowl of porridge” as he revealed it is presently reviewing the tax breaks granted to them.
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Lion King show this weekend
BAHAMIAN choreographer Georgia Storr-Taylor has taken her live theatre productions to the next level with multi-media projection screen backdrops, sounds, and a live choir to enhance the audience’s experience.
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