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FTX chief’s Albany handover to preserve $200m recovery
The head of FTX’s Bahamian subsidiary is handing over his Albany home to local liquidators to ensure the recovery of “more than $200m” from selling-off the crypto exchange’s real estate is not endangered.
FTX’s Salame hands $200m Albany home to liquidators
THE head of FTX’s Bahamian subsidiary is handing over his Albany home to local liquidators to ensure the recovery of “more than $200m” from selling-off the crypto exchange’s real estate is not endangered.
African bank eyes $700m investment in Caribbean
The African Export-Import Bank (Afreximbank) is eyeing a $700m investment in the Caribbean as it prepares for its annual general meeting (AGM) that will be held in The Bahamas this June.
Commonwealth hails $63.5m profit amid 91% claw back fall
COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.
Will GB rise to the occasion?
As A Digital Transformation Consultant of Bahamian descent residing overseas, with a keen aspiration to witness the flourishing of my homeland, allow me to commence with the first of several letters. These missives will centre on individuals addressing the promising resurgence of the Bahamian Economy, highlighting the pivotal role of Grand Bahama in this revitalization.
Fraudulent transactions drop in value by $15.4m
Fraudulent Bahamian financial transactions decreased in value by 72.6 percent to a collective $5.8m in 2023, the Central Bank revealed yesterday, with the frequency of such crimes also dropping sharply.
YES Giants national basketball champions
CONGO TOWN, South Andros - It was quite a phenomenal week for the Your Essential Store (YES) Giants as they repeated as the division two champions of the Bahamas Basketball Federation (BBF) National Round Robin Tournament in South Andros just a few days after successfully defending their division two title in the New Providence Basketball Association (NPBA).
Chamber targets education over Business Licence woe
The Chamber of Commerce’s vice-chairman says it wants to work with the Government to better educate the private sector and avoid the delays that plagued this year’s Business Licence filings
Local comedians join award-winning ‘Goombay Kids’
The award-winning Bahamian TV show “Goombay Kids” is set to debut its fourth season this Saturday.
‘Jazz’ hits his second grand slam homer of the season
Nick Senzel homered twice and drove in five runs as the Washington Nationals erased an early seven-run deficit to beat the reeling Miami Marlins 12-9 yesterday.
Major US agencies collaborating with BACSWN to bring PM's legacy to reality
IN an exclusive interview with The Tribune, Bahamas Aviation, Climate & Severe Weather Network’s President & CEO, Lyrone Burrows, with renowned US Aviation, Climate & Severe Weather Scientist, Professor Roelof Bruintjes, PhD, provided insight into how US National Centre for Atmospheric Research (NCAR), National Oceanic & Atmospheric Administration (NOAA); Aviation Weather Centre and Johns Hopkins plan to help bring Prime Minister Philip Davis’ aviation, carbon credits and health legacy to fruition.
Discount Distributors Rockets one win away from NPBA title
GAME four of the New Providence Basketball Association (NPBA) Division I Finals will be a crucial one for both the Commonwealth Bank Giants and Discount Distributors Rockets.
Minister: We’ll leave taxi sector in ‘better condition’
A Cabinet minister has pledged the Davis administration will leave the taxi industry in “better condition” than it found it with the new driver code of conduct not designed just to “reprimand”.
Deltec’s big damage from FTX investor ‘Gatling gun’
A BAHAMIAN bank and its chairman have blasted aggrieved FTX investors for employing “a Gatling gun approach” that has inflicted “tremendous damage” on their financial services reputation.
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.
