Sarkis warns: I’ll reveal ‘illegal kickback’ proof
Sarkis Izmirlian is doubling down on allegations of “shocking evidence” that Baha Mar’s main contractor “paid illegal kickbacks to the family of Bahamian officials” as part of a plot to seize Baha Mar and establish “Chinese control”.
Bank’s nine-month $58m beats full-year profit goal
Commonwealth Bank is targeting its growing deposit base for new borrowers after hitting its 2022 full-year profit goal in just nine months through a $58.22m bottom line.
Dorian tax breaks extension ‘no brainer’ following Nicole
Extending the Hurricane Dorian tax breaks in their existing form was yesterday branded “a no brainer” by Abaco residents, who argued that to do otherwise would be “pretty heartless” after the latest storm to strike the island.
Nicole: Tourism suffers no ‘overwhelming shrinkage’
The Bahamian tourism industry has not suffered a “material” reduction in bookings and guests despite now-Hurricane Nicole striking Grand Bahama and Abaco, a senior hotelier said yesterday.
Man shot dead outside apartment building
A MAN in his 50s was shot dead outside an apartment building last night.
Concerns raised over investments bill
THE Bahamas Natural Resources Foundation has expressed concern over the proposed National Investment Funds Bill tabled in the House of Assembly last month.
Thompson: Extend Recovery Zone Order
EAST Grand Bahama MP Kwasi Thompson called for the government to extend the Special Economic Recovery Zone order for Grand Bahama and Abaco in the wake of Hurricane Nicole.
‘Govt must be clear on facts’
AFTER another disappointment with the sale of the Grand Lucayan, Free National Movement leader Michael Pintard said the government has to exercise discipline in its messaging and to stop misrepresenting the facts.
Bahamian regulator probing FTX woes
The Securities Commission was yesterday investigating the crisis that has left The Bahamas’ flagship digital assets investor on the brink of collapse after a rival crypto currency exchange walked away from a rescue deal.
Rain, wind and floods in Grand Bahama
HURRICANE Nicole brought heavy wind, rain and flooding to Grand Bahama yesterday.
‘Hurricane will dent Abaco, but not stop recovery’
THE president of Abaco’s Chamber of Commerce said the damage from Nicole will put a dent but not be a setback to the island’s hurricane recovery.
‘So far so good’ for Abaco
ABACO residents dealt with immense flooding from the late season storm Nicole yesterday, with some experiencing anxiety and others thankful this experience was not as traumatic as Hurricane Dorian.
PM’s ‘heartbreak’ at seeing flooding
PRIME Minister Philip “Brave” Davis said he was heartbroken to see flooding that was sparked by Hurricane Nicole. Mr Davis, who is in Sharm El-Sheikh, Egypt representing the country’s interests on climate change at COP27, told people in Grand Bahama and Abaco to “take heart” and remember “the Lord is not going to put on us more than we can bear”.
Anxiety with repairs from Dorian still not complete
GRAND Bahama residents were anxious about the damage Hurricane Nicole would cause as many people on the island have yet to fully repair their homes three years after Hurricane Dorian.
Roads closed and rough seas - but New Providence spared
HEAVY flooding caused by Hurricane Nicole’s outer bands resulted in several roads in New Providence being closed yesterday.
NICOLE MAKES LANDFALL: 800 seek shelter as hurricane hits Grand Bahama and Abaco
MORE than 800 people were forced to seek shelter yesterday as Hurricane Nicole barreled across Abaco and Grand Bahama, dumping heavy rain and gusty winds – stirring up painful memories for many still reeling from Dorian’s devastation.
Bahamians must brace for uncomfortable time
What has the COVID-19 pandemic taught us as a nation? This crisis proved that we must prepare and plan - economically, socially and financially - for a sustainable future.
Combined insurance act almost consultation ready
REFORMS that will combine existing laws governing the insurance industry into one comprehensive Act are close to completion and release for public consultation, regulators said yesterday.
Small business tie-up eyed for green, blue economies
ENVIRONMENTAL consultants yesterday said they were working on initiatives to unlock the potential of the so-called ‘blue’ and ‘green’ economies for The Bahamas’ long-term benefit.
Junior college basketball prospects soak up early season success in US
BAHAMIAN basketball prospects have teamed up at the junior college level across the United States and have experienced early season success with their respective programmes.
