Marina chief suffers ‘worst Thanksgiving in 30 years’
A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.
NGOs cleared on terrorism: High risks’ $150m turnover
All Bahamian non-profit groups have been cleared of any involvement in financing terrorism with those deemed to present a “higher” risk found to collectively control some $150m in turnover.
AG tells world: Don’t blame us over FTX
The Attorney General last night blasted that it was “a gross oversimplification of reality” for the world to blame The Bahamas for FTX’s collapse as no country had moved “as quickly” to tackle the crypto exchange’s implosion.
BTVI searching for new president
THE Bahamas Technical and Vocational Institute has launched the search for its new president.
Wilchcombe plans to discuss issue of marital rape at women’s conference
SOCIAL Services and Urban Development Minister Obie Wilchcombe yesterday said he plans to discuss the issue of marital rape among other things next March at a three-day women’s conference.
Elderly woman’s death at Exuma resort believed to be ‘accidental’
AN elderly American woman was found dead at a local resort in Exuma early Friday morning, with officials believing her death was “accidental”.
Hurricane Hole Superyacht Marina opened
STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company.
Police appeal to drivers after two die in traffic accidents
TWO people are dead after separate traffic accidents in Grand Bahama and New Providence over the weekend, prompting police to appeal to motorists to slow down while driving.
AG DEFENDS THE NATION OVER FTX: Ryan Pinder hits out at assertions over Bahamas regulations
ATTORNEY General Ryan Pinder last night defended the country’s digital asset regulations in the wake of international criticisms over its regime following FTX’s collapse, calling assertions that FTX only came to The Bahamas because it was a poorly regulated jurisdiction “shocking” and ignorant.
PM told: $22m savings if BPL fuel trades done
A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.
Man and woman in hospital after shootings
A MAN and a woman are in hospital after separate shootings in New Providence on Friday and Saturday.
Taken aback by how FTX met its demise
Greetings and thank you yet again for the opportunity to address these several points of national importance, I appreciate it.
New PI super yacht marina 80% booked
PARADISE Island’s newly-opened Hurricane Hole super yacht marina is over 80 percent booked, its principal developer says, with the wider $250m project moving forward at a brisk pace.
BAIC eyes second industrial park plan
The Bahamas Agricultural and Industrial Corporation’s (BAIC) chairman has revealed a new industrial park will be created on Carmichael Road as the Government seeks a $50m credit line to further boost small businesses.
Coral deposits find delays Fortune Bay canal dredge
DREDGING of Freeport’s Fortune Bay canal system has been delayed due to the need to protect coral ecosystems from harm.
Lessons learned
ActivTrades
The collapse of the FTX crypto exchange, and the controversy swirling around its founder, Sam Bankman-Fried (SBF), have plunged the crypto market into an existential crisis.
Skyler, 11, breaks two Bahamas Open records
Grand Bahamian Skyler Smith stamped her name on a part of Bahamas Open records on Saturday to highlight the performances posted as the Lightning Aquatics Swim Club hosted its first Fall Invitational Swim Meet at the Betty Kelly Kenning Swim Complex.
Mireault: ‘Our boys did a super job’
COACH Shirley Mireault liked what she saw from the two cyclists representing the Bahamas this week at the Junior Caribbean Cycling Championships in the Dominican Republic.
DEREK SMITH: Happy workers keep a company on track
Identifying potential employee-related risks is the goal of human resource risk management. Businesses can avoid possible issues by ensuring they hire the right employees. It is vital to mitigate employee-related risk to maximise revenue, reputation, profitability and other aspects of their operations.
Is this a parking zone?
West Bay opposite OPM the Wynn property the centre green median – is this a parking zone? The past few weeks obviously construction workers are using this green no parking zone for a convenient parking area – one, it obstructs the view for oncoming traffic, secondly, if there was an accident certainly potential for fire in a number of vehicles.
