‘We all win’: BISX targets early 2025 for private listings launch
The Bahamas International Securities Exchange (BISX) will launch the first of three new capital markets “layers” in the 2025 first half, its chief executive disclosed yesterday, asserting: “Everybody wins.”
Space X landing ‘opens up space tourism for nation’
The deputy prime minister yesterdays said hosting the landing of a SpaceX rocket booster gives The Bahamas a platform to enter a space tourism sector expected to generate $14bn globally by 2030.
‘Due diligence done’ on Fox lease for Balmoral Island
Deputy Prime Minister Chester Cooper said the Davis administration “has done its due diligence” prior to leasing a portion of Balmoral Island to Adrian Fox for part of his proposed $300m resort project.
ALL SYSTEMS GO: DPM says safeguards in place as Bahamas set for as many as 20 SpaceX rocket landings in 2025
GOVERNMENT officials sought to allay environmental concerns yesterday as The Bahamas prepares to host its first of 20 SpaceX Falcon 9 rocket booster landings this year, insisting that safeguards are in place to protect marine ecosystems and that the partnership does not conflict with the country’s climate change advocacy.
Union making efforts to secure dream of homeownership for members
THE Bahamas Hotel Catering and Allied Workers Union (BHCAWU) is advancing efforts to secure homeownership opportunities for its members, hosting a financial literacy and homeownership seminar as part of a broader housing initiative in western New Providence.
Breast cancer continues to be diagnosed too late
BREAST cancer continues to be diagnosed at late stages in the northern Bahamas, with most cases detected at stage three on average, according to Nikeia Watson, founder of the Mammogram Access Programme (MAP).
NIB: Record high arrears collected from delinquent employers in 2022
THE National Insurance Board (NIB) collected over $650,000 in outstanding arrears from delinquent employers through prosecutions in 2022, an amount called “a record high”.
Cooper: Pintard ignored invitations to discuss tourism
TOURISM Minister and Deputy Prime Minister Chester Cooper said FNM leader Michael Pintard ignored multiple invitations to meet with tourism officials to discuss the industry’s economic impact despite publicly questioning the country’s ability to increase stopover visitors.
Bill tabled that would protect whistleblowers from retaliation
THE Davis administration tabled a bill in the House of Assembly to protect people who report unlawful or unethical activities within public and private organisations while also imposing severe penalties for anyone found obstructing the reporting process or engaging in misconduct.
Bell admits foreign buyers are driving property values higher
HOUSING Minister Keith Bell admitted yesterday that foreign buyers are driving up property values, making it harder for Bahamians to afford homes.
Frazier: Sex crime was ‘heinous’ but prosecutors bound by laws
PUBLIC Prosecutions Director Cordell Frazier defended her department’s sentencing recommendation in a controversial child molestation case, stressing that prosecutors are bound by the law and legal principles, which require them to consider sentencing guidelines, a mandatory one-third reduction for early guilty pleas, and a defendant’s lack of prior convictions when making recommendations to the court.
Teacher accused of indecent assault of 15-year-old boy
A 45-year-old teacher was granted bail yesterday after being accused of inappropriate behaviour toward a 15-year-old male student at RM Bailey High School last week.
Saints senior girls crowned champions
The Kingsway Academy (KWA) senior girls’ basketball team was the only team to claim the championship in their division with a 2-0 sweep against last year’s defending champions St John’s College (SJC) Giants yesterday at the Kendal GL Isaacs Gymnasium.
Freshman Forward Donnie Freeman out for season
THE Syracuse Orange men’s basketball team will have to get used to playing without the services of Bahamian freshman Donavan “Donnie” Freeman.
Brenden Vanderpool named SoCon Field Athlete of the Week
BAHAMIAN pole vault national record holder Brenden Vanderpool continues to carve out his own path in the pole vault event at Samford University.
Rise Bahamas: Toughen up penalties for crimes against children
RISE Bahamas has joined activists in demanding harsher penalties for violent and sexual crimes against children following last week’s sentencing of a man who molested his three-year-old twin daughters.
Bahamas graft improvement must match ‘story on street’
Governance reformers yesterday said The Bahamas’ improved ranking and score from Transparency International must match “the story on the street” for this nation to beat long-standing corruption concerns.
Investigations Bill ‘doesn’t fully address’ corruption’s causes
Governance reformers have asserted that legislation to create an Independent Investigations Commission “does not fully address” the root causes of corruption while whistleblower protections must be strengthened.
Bahamian firm suffers four supplier price hikes in year
Inflation and a “construction surge” have helped to expand The Bahamas’ now-$4.274bn annual trade deficit, it was argued yesterday, with one local firm suffering four prices increase from its supplier within a year.
Tax-driven airline prices hit Bahamas’ advantage
A senior tourism executive yesterday asserted that high airline ticket prices have prevented The Bahamas from fully capitalising on its proximity to the US as its main tourism source market.
