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Seven-fold jump in Benchmark’s debt to clients no alarm

A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.

Bahamas ‘leads pack’ over digital adoption

A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.

Bahamasair ‘crippled’ by cabin crew action that hits passengers

Hundreds of Bahamians and tourists yesterday had their travel plans thrown into chaos when Bahamasair was forced to cancel all afternoon flights due to an “unwarranted sickout” by 80 percent of rostered flight attendants.

IAN FERGUSON: The human touch in small business

More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.

Two years, three months in prison for stealing and lying to officer

A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.

Kai Jones’ preseason debut: 5 points, 5 rebounds and a block in 9 minutes

KAI Jones and the Charlotte Hornets officially began their 2022-23 campaign as the NBA preseason got underway yesterday.

88 UPS units donated to Ministry of Education and Technical and Vocational Training

PRECISION Power Solutions Limited yesterday donated 88 UPS units to the Ministry of Education and Technical and Vocational Training.

Stephen Sears Jr and X-Men remain undefeated in the AUS

STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.

Richardson talks national team baseball, youth movement

ACCORDING to Bahamian baseball pioneer Antoan Richardson, the continued success of Bahamian players with the Great Britain Baseball programme should intensify efforts for The Bahamas to field its own independent senior national team.

Over 1,800 travellers hit by Bahamasair sickout

Bahamasair’s top executive yesterday revealed more than 1,800 passengers were impacted by Sunday’s flight attendant sickout as he voiced optimism that the airline’s reputation will not suffer long-term damage.

Thelma Gibson workers ‘have had enough’

TENSION between teachers at Thelma Gibson Primary School and the school’s principal continued yesterday, with a number of workers allegedly calling in sick or refusing to show up to work.

STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas

Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.

Gibson attorney’s recusal request refused

JUSTICE Cheryl Grant-Thompson has denied Adrian Gibson’s attorney’s recusal request, resulting in the MP’s trial moving forward in her court next May.

BPL eyed 58% lower costs than fuel hike

Bahamas Power & Light (BPL) was on target to lock-in fuel costs “through March 2024” that were up to 58 percent less than the skyrocketing increases unveiled by the Government yesterday, documents have revealed.

Tourism rebounds to 90% pre-COVID level

Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.

‘Increased criminality’ drove 6% suspect reporting growth

THE FINANCIAL Intelligence Unit (FIU) says the 5.7 percent increase in suspicious transaction (STR) and other reports received in 2021 was driven by “increased criminality” experienced during the COVID-19 pandemic.

INSIGHT: Shadow of crime never goes away

THE Bahamas reached an unwanted landmark last week – the 100th murder of the year.

FNM Leader: ‘Significant blunder’ at BPL by govt

FREE National Movement Leader Michael Pintard said the Bahamian people will now have to pay the bill for the “significant blunder” at Bahamas Power and Light by the government with respect to the fuel hedging that was put in place by the previous FNM administration.

Deandre Ayton: ‘What’s said is already said’

THE relationship between Phoenix Suns centre Deandre Ayton and head coach Monty Williams continues to be a point of contention for the franchise. Following a bitter end to the 2021-22 season and a lengthy contract negotiation in the offseason, Ayton addressed the relationship between the two on the first day of training camp.

Oil explorer: No $500,000 ‘top up’ on Bahamas well

AN OIL explorer is not expecting to pay an extra $500,000 insurance premium “top-up” over its Bahamian exploratory well because this was drilled “without incident” last year.

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