DEREK SMITH: The balance anti-money laundering officers strike
In an era where financial crime is as innovative as the technology that battles it, the role of the compliance officer in the anti-money laundering (AML) domain has never been more pivotal or pressured.
Cyber Monday beats retailer expectations
Retailers yesterday said Cyber Monday sales exceeded expectations as reduced prices and service deals drove increased consumer demand.
Gov’t unveils $1m grant to boost ‘food security’
The Small Business Development Centre (SBDC) yesterday received $1m in grant funding that will be distributed between small and medium-sized businesses to boost Bahamian “food security”.
WORLD VIEW: Breaking the OECD hold on global tax governance
“THE Organization for Economic Cooperation and Development (OECD) is nothing less than a Club of the world’s wealthiest countries which is determined to bend powerless countries to its will”. I wrote that statement in 2002 after four years of negotiations with the OECD against its unilateral imposition of a regime to counter what it called the ‘Harmful Tax Competition Initiative (HTCI)”, launched in 1998.
THE KDK REPORT: The changing tide
I was born in Nassau, Bahamas, many years after the 1960s civil rights movement and segregation fight that plagued America, our closest neighbour. So, as a young black child, with the fortune of time, I was mercifully and geographically shielded from the weight of my own complexion.
INSIGHT: By-election more of a revelation of the state of the FNM than a test of the PLP
WHEN the by-election in West Grand Bahama and Bimini was called following the passing of Obie Wilchcombe, there was a sense that it would be a mid-term test of the PLP administration. In truth, it seems to have turned out to be more of an assessment of the state of the FNM in opposition.
EDITORIAL: We should take time to give thanks
FOR some, the weekend gone was all about giving thanks.
Govt leasing 18 rooms for Bahamians displaced by shanty town demolitions
MINISTER of State for Social Services Myles Laroda said 18 rooms at the Poinciana Arena on Bernard Road have been leased to provide housing assistance to Bahamians displaced by shanty town demolitions.
Frustrated over no promotion in 31 years
AFTER 31 years without a promotion, Telsene Thompson thought her moment had finally come on Friday.
Corrections officers’ promotions will be delayed until 2024, says Glover-Rolle
PUBLIC Service and Labour Minister Pia Glover-Rolle said promotions for more than 400 Bahamas Department of Corrections officers won’t happen before the end of the year because the documents, which were recently submitted, must be processed one by one.
‘Very happy campers’ on 36% KFC pay increase
The hotel union’s president has predicted “there are going to be some very happy campers” after the newly-signed Kentucky Fried Chicken (KFC) deal gave line staff a 36 percent pay rise spread over five years.
PM hails UN resolution opening ‘fairer tax’ path
The Prime Minister yesterday hailed last week’s passage of a United Nations (UN) resolution that potentially opens a path towards a more just and fair approach towards resolving international tax disputes.
Euro is gaining
ActivTrades
Black Friday is behind us. But the rise of online shopping has reduced the importance of Black Friday as a single day event. What originally started in the US has become a global event.
Women United: Allegations against politicians and police in Nygard case should not be ignored
WOMEN United, a women’s advocacy group, said allegations that politicians and the police disregarded Peter Nygard’s “unsavoury practices” can’t be ignored.
Rotary Foundation honours service at their 12th annual Award Gala
LEGENDS were honoured and prizes were distributed amid the sounds of Junkanoo and smooth jazz during the Rotary Foundation’s 12th annual Awards Gala at the Rosewood Ballroom, Baha Mar on Saturday night.
Man shot dead in South Beach area
Police are investigating after a man was shot dead in South Beach on Sunday night.
Briland ‘emergency’ over utility outages
Briland residents were yesterday said to be holding an “emergency meeting” after power and water outages disrupted the tourism hot-spot’s Thanksgiving and run-up to the peak winter season.
Woman sues passport office for $21k over chair collapse
A WOMAN is seeking more than $20,000 in special damages and other awards after a Passport Office chair she sat in collapsed in 2018.
Henfield says DeSantis remarks ‘distasteful’
FORMER Foreign Affairs Minister Darren Henfield said Florida Governor Ron DeSantis’ vow to flatten The Bahamas if it tried bombing his state is distasteful.
Revised lawsuit expands list of defendants against Nygard
A CLASS action lawsuit in New York accusing Peter Nygard of assaulting 13 women in a wide-ranging criminal enterprise has been revised after the former mogul was convicted of sexual assault in Canada.
