Treasure Cay ‘can’t afford’ $3bn legal battle’s fall-out
TREASURE Cay homeowners yesterday warned they “can’t afford” for the development to be “tied up for years” by a $3bn claim against the Government.
Partnership to give $400k boost for ‘blue economy’
THE Small Business Development Centre yesterday sealed a $400,000 tie up with The Nature Conservancy (TNC) via a Memorandum of Understanding (MoU) for technical assistance.
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.
US donation to help in disasters
THE United States government is committed to helping The Bahamas prepare for future disasters.
S&P: ‘No material effect’ for Bahamas from FTX
Standard & Poor’s (S&P) yesterday gave The Bahamas “breathing room” by maintaining its existing sovereign credit rating while predicting that FTX’s implosion will have “no material adverse impact” for the country.
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.
‘Meeting of minds’ needed on distressed housing drag
The Government and commercial banking industry must have “a meeting of the minds” so the latter can “clean up” its backlog of distressed properties and resume aggressive mortgage lending again, a senior banker urged yesterday.
Bahamas faces high risk economic ‘roller coaster’
The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.
PM tours GoldWynn site
PRIME Minister Philip “Brave” Davis and other government officials toured the construction site of the multi-million-dollar GoldWynn hotel and residences project on Cable Beach last week to view the development’s progress.
Food costs driving prices up for Thanksgiving meals
SOME local restaurant owners say inflation and the high cost of food in grocery stores have led them to increase prices of their Thanksgiving meals.
Groups in countdown to Junkanoo
WITH practices for the upcoming Boxing Day and New Year’s Day Junkanoo parades underway, two group representatives are already claiming victory of the parades.
Contract awarded ‘soon’ for children’s ward work
A CONTRACT for renovation works on the Children’s Ward at Princess Margaret Hospital is expected to be awarded before the end of the month.
Father of crash victim: She was my everything
THE father of a Bahamian woman killed in a car crash in Minnesota on Friday is struggling to bear the loss of his daughter. “I have this hole in my heart that’s never going to be filled,” Kermit Miller told The Tribune yesterday.
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.”
Eleuthera’s economy arising from ‘cocoon’
THE ELEUTHERA Chamber of Commerce’s president yesterday said the island’s economy is expanding faster than it can handle after emerging from its “cocoon”
Digital provider facilitates over $200m in payments
A BAHAMIAN digital payments provider yesterday said it has processed more than $200m in transactions since its launch after expanding to a 35,000- strong user base.
Best-of-3 championship series to begin today
GOVERNMENT SECONDARY SCHOOLS SPORTS ASSOCIATION SOFTBALL & BASEBALL
The Government Secondary Schools Sports Association will begin its best-of-three softball and baseball championship series today at the Baillou Hills Sporting Complex, although there’s still some unfinished business to be completed before it all unfolds.
Two accused of endangering lives
TWO Exuma men were charged in Magistrate’s Court yesterday with endangering the lives of four people with a handgun.
Remember our brave volunteers
As usual, the second Sunday in November was observed in the Bahamas as Remembrance Day.
