DPM: We can survive ‘curveball’ from FTX
THE Deputy Prime Minister yesterday voiced confidence that the Bahamian financial services will survive the latest “curveball” thrown at it by the FTX crypto exchange’s sudden implosion.
BTC prize to finance US expansion for runner-up
THE runner-up in the Bahamas Telecommunications Company’s (BTC) Inknowvation pitch challenge is planning to use their $3,000 cash prize to expand into the US market.
We need a ‘New Day’ as to how we operate
FTX crash brought me to think about our past and certainly suggest the theme adopted by the PLP in the last election is of significance and exceptional importance. Editor, we need a ‘New Day’ as to how we operate and give concessions - licences to unsavory parties.
FACE TO FACE: Success and challenges for two pharmacy industry forerunners
TWO phenomenal women, both forerunners in the Pharmacy industry in the Bahamas, shared their stories with me this week. We spoke of their journey to success, and the challenges along the way, including the most recent hurdle, which led them to join with pharmacists throughout the country for a shocking one-day closure of pharmacies.
VAT’s ‘real’ 15% rise since January’s cut
The Davis administration last night said real VAT revenues increased by 15.1 percent year-over-year following the New Year’s Day rate cut with the deficit for the 2022-2023 fiscal year’s first quarter slashed by $116.4m.
Arawak port beats Q1 profits target by 56%
Nassau’s main commercial shipping port is targeting an $808,000 year-over-year increase in net profits for its 2023 financial year after first quarter net income exceeded forecasts by some 56 percent.
Workplace dispute stirs at Pharmachem
A workplace dispute is brewing at a Freeport manufacturer over assertions that plans to implement a 12-hour shift system could put impacted staff “at risk” and amount to a “unilateral variation” of their employment terms.
Don’t let FTX woe ‘arm enemies’ of Bahamas
The Opposition’s leader yesterday warned that the Government’s silence over the FTX crypto exchange’s implosion could “arm enemies of The Bahamas” with ammunition to inflict more damage on its financial services industry.
Family wants closure over missing men
THE family of two boaters who went missing over two months ago want closure.
BNT ‘not worried’ about roadworks ahead of Jollification
BAHAMAS National Trust Executive Director Eric Carey said yesterday the organisation is “not worried” about the ongoing roadworks on Village Road despite its Jollification festival set for this weekend.
FTX implosion threatens perfect ‘40 of 40’ in financial crime fight
The Bahamas’ bid to achieve full compliance with all global anti-financial crime standards before year-end may have been endangered by the implosion of the FTX crypto currency exchange, it can be revealed.
Man survives Shark attack in Andros
AN Andros man is breathing a sigh of relief after having survived a brutal shark attack on the island over the weekend.
Pintard demands account of public funds to BPL
OPPOSITION Leader Michael Pintard demanded the Davis administration provide a full account of public funds submitted to Bahamas Power and Light (BPL), after the government revealed further financial assistance to the entity.
Unlawful sex case is dismissed
A MAN accused of having sexual relations with an underage girl in 2009 had his case dismissed in the Supreme Court yesterday.
Haitian migrants arrested in Grand Bahama
SEVERAL Haitian immigrants accused of illegal embarkation were arrested on Grand Bahama early this week.
AML launches seventh ‘Feed 5000’ programme
AML Foods Limited has launched its seventh annual “Feed 5000” holiday feeding programme with an initial injection of $5,000.
GOVT WON’T APPROVE EVENT FOR ‘FUGITIVE’: Deputy PM responds to reports of event planned by Fyre Festival organiser
THE Davis administration will not endorse or approve any event in The Bahamas associated with “fugitive” Fyre Festival organiser Billy McFarland, Deputy Prime Minister and Exuma MP Chester Cooper said yesterday.
Man ordered to have psychological evaluation
A MAN was granted bail in Magistrate’s Court yesterday on firearm and ammunition charges, however he was ordered to have psychological evaluation.
Pair admit shop breaking, stealing
TWO men admitted to breaking into a convenience store to steal cash and a cellphone.
