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FTX’s fall ‘won’t ruin’ high-end real estate
Bahamian realtors believe the FTX crypto currency exchange’s implosion will not “ruin” western New Providence’s high-end property market as bargain hunters start to circle its $74m worth of holdings.
Brokers fret as Customs revenue $15m up on ‘19
Brokers yesterday warned the cost of clearing goods into The Bahamas will likely increase in the New Year as Customs revealed its revenue collections year-to-date have increased by $15m compared to pre-COVID levels.
‘Enter country the right way or be repatriated’
AMID reports of United Nations officials calling for deportations to Haiti to stop, Immigration Minister Keith Bell said yesterday any undocumented migrants wishing to come here should apply to enter The Bahamas the “right way” or they will be repatriated.
WORLD VIEW: America’s Democracy not trumped in mid-term vote
IN my commentary last week entitled, US Mid-term elections: a defining moment for the World, I pointed out that no less a person than Joseph R Biden Jr, the President of the United States of America, proclaimed that democracy is at stake in his country.
IAN FERGUSON: Managing time to best effect
Time management is one of the most important skills, but it is often a concept that many businesses, and people, struggle with. Small businesses, in particular, cannot afford waste through bad time management and inefficiency.
IAN FERGUSON: Holding your entire team accountable
Accountability provides assurance that an individual or company is evaluated on their performance and/or behaviour related to something for which they are responsible. A great example of accountability is when you are able to limit distractions, and remain focused on achieving your goals and tasks.
Xmas ‘financial cushion’ vital for Bahamian retail
The “make or break” Christmas shopping season will this year be vital for Bahamian merchants to “build a financial cushion” against forecast economic headwinds in 2023, a well-known retailer warned yesterday.
DIANE PHILLIPS: Influencer wariness
THE UNINTENTIONAL IMPACT OF THE COLLAPSE OF FTX
RONALDO, the drop-dead handsome, talented Portuguese footballer, gets $1.6 million per Instagram post, another $800,000+ per Tweet. When he vouches for dandruff-beating Clear shampoo and hair products, enough of his 443 million followers scamper to scoop up bottles off the shelves that he’s worth every penny of the funds he earns as an influencer.
IAN FERGUSON: Exploit public relations to drive customer traffic
Clarity is critical in all kinds of business communications, yet can be difficult to achieve. Unlike paid marketing programmes such as advertising, public relations is focused on earned media and can take advantage of unpaid communications channels. Public relations is about managing perceptions, namely how people think about your business.
No resolution over food price control ‘stalemate’
The Bahamian food distribution industry was last night said to have reached a “stalemate” over efforts to strike a price control deal with the Government via a 1,000-strong product list designed to “more than half-way” meet its demands.
Harbour woes ‘threaten life, immense damage’
Nassau’s main commercial shipping port is renewing warnings that failure to repair the harbour’s western breakwater could “result in immense damage to, and threaten life”, in the city centre.
Port beats profits 19% via $677k debt slash
The operator of Nassau’s main commercial shipping port beat its original full-year profit target by 19 percent aided by a $30m preference share refinancing that slashed 2022’s debt servicing costs by $677,000.
Nicole ‘unnecessary evil’ amid reinsurance fears
A Bahamian insurer yesterday branded sub-tropical Storm Nicole “an unnecessary evil we don’t need” as he voiced fears that claims payouts could be impacted by the country’s European Union (EU) blacklisting.
FIBA World Cup ‘23 Americas Qualifiers postponed
WITH the impending impact of Tropical Storm Nicole on The Bahamas, FIBA and the Bahamas Basketball Federation announced the postponement of the latest window of the World Cup 2023 Americas Qualifiers.
FTX SPENT $300M ON PROPERTY BUYS: Court documents reveal valuation of real estate spree
A Bahamian realtor yesterday estimated that the collapsed FTX crypto currency exchange spent $250m and “probably more” on acquiring New Providence real estate, adding: “It was great while it lasted.”
ALICIA WALLACE: Speaking out with a strong voice on climate action
OVER the next few days, there will seem to be no end to the conversations about COP27.
ALICIA WALLACE: Another year - another govt failure to advance women
WE ARE rapidly coming to the end of another year that our government has not made the necessary changes to legislation toward gender equality or for the advancement of women.
