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Central Bank reviews $250m investment currency reforms
The Central Bank’s governor yesterday foreshadowed reforms to protect Bahamian retail investors from potential “headwinds” in an overseas investments market that is this year on track to exceed 2022’s $250m outflow.
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Twenty-one foreigners arrested with $750k of cocaine
TWENTY-one people were arrested and 39 kilos of suspected cocaine with an estimated street value of $750,000 was seized on Tuesday.
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GB man charged with murder accepts lesser charge of manslaughter
A Grand Bahama man charged with murder has pleaded guilty to the lesser charge of manslaughter.
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Police make 30 arrests in GB as a result of Operation Sling Shot
Grand Bahama Police made over 30 arrests during a police operation that was successfully executed on Tuesday.
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Education reform is needed
The following was motivated by recent coverage of education, most specifically the latest exam results, in both The Nassau Guardian and The Tribune.
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Doctors secures $25m as it ‘refines’ equity offering
Doctors Hospital has secured $25m from Royal Bank of Canada (RBC) to finance its continued expansion as it works to “refine” its upcoming equity capital raise by “prioritising” three target investor groups.
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Sanctions without hearing part of new securities bill
The Securities Commission of The Bahamas (SCB) issued the Securities Industry Bill 2024 for public consultation last week - which seeks to ensure laws are "current, competitive, and reflect international best practice and standards".
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Show your support, shop locally
1000% support import substitution only wish the biggest substitution would occur… Shopping in Miami Substitution but then, so the officials say, that is a divine right. Local production must never cause inflation and exorbitant increase in comparison pricing of foreign against local.
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The wrong term
Having spent a few years in London, returning recently one becomes educated in the Brits’ traditions such as Beating the Retreat — Trooping the Colour …what are very traditional military events.
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Garbage in, garbage out
Wasn’t it Shakespeare that used the phase ‘much ado about nothing’? Much of the public comments these days fall in that context from the politician and picked up by the journalist and they simply repeat with zero analysis or rationale comment...garbage in garbage out!
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Petroleum retailers continue to seek a 25 cent increase per gallon on margins
THE Bahamas Petroleum Retailers Association continues to seek a 25 cent per gallon margin increase compared to the previously sought 30 cent increase, with hopes of meeting with Prime Minister Philip “Brave” Davis this weekend.
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The Bahamas’ pre-clearance agreement with the US renewed
NINETY-three per cent of Bahamians processed through the preclearance section of the Lynden Pindling International Airport last year travelled on a police certificate, according to the US Embassy of Nassau, which said 240,000 Bahamians were processed.
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UPDATED: PM issues statement on Department of Immigration
PRIME Minister Philip "Brave" Davis has released the following statement concerning the Department of Immigration:
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No diesel as retailers ‘run out of fuel’ waiting on margin help
HIGH fuel costs and the government’s failure to address margin concerns prompted some petroleum retailers to stop selling diesel yesterday, according to Bahamas Petroleum Retailers Association President Raymond Jones.
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Govt needs to redo road works
LYFORD Cay Road approaching shopping centre … yes, you raised the road to avoid flooding work including asphalting very, very sub-standard … again please Public Works make the contractor remake.
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Overpass fixes airport road traffic?
Before we start spending millions on widening Gladstone Road has anyone thought of building an over pass at the junction of Gladstone and the Airport Road onto Baha Mar Boulevard from Gladstone curving east carrying the Gladstone traffic?
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Failures in our top industry
Tourism is certainly not just Nassau and certainly probably the revenue level of certain Family Islands exceeds per cap the revenue of the visitor to Nassau so surely we should maintain — ensure product is at best year round? We don’t clear North Eleuthera Airport which feeds into the upscale destination of Harbour Island.
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Road repairs
I saw a letter to the Editor on the dislevel and repair of the Lyford Road right before the shopping centre passed there boy that’s bumpy… Minister Sweeting go check... get it redone please cost to contractor. Why did the contractor leave all that road material on the once grass verge?
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THE BTVI STORY: Meet the Einstein of mathematics at BTVI
Once described as the “Einstein of math”, instructor Stanley Gordon, is highly regarded by students and alumni of the Bahamas Technical and Vocational Institute (BTVI).
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Man testifies he heard police shout ‘stay down’ before shots fired
A MAN said he heard police officers shout “stay down” before gunshots rang out in his Cowpen Road neighbourhood in 2018.
