Commission seeks FTX $426m asset resolution
The Securities Commission is anxious to resolve the ownership of $426m in FTX digital assets under its control due to the ongoing costs it is incurring to secure them, it has been revealed.
$200m GB airport deal can help solve Lucayan ‘eyesore’
A Hayward family member has voiced optimism that Grand Bahama International Airport’s $200m transformation will serve as a “catalyst” for the sale of a Grand Lucayan resort that has become “a bit of an eyesore”.
Pilot Club donates bicycle helmets, promoting brain safety in Grand Bahama
THE Sunset Pilot Club of Grand Bahama will be distributing 50 bicycle helmets to pre-schoolers on Grand Bahama through an initiative called “Brain Power”.
Police seize marijuana while on patrol
Police announced the seizure of a quantity of marijuana during patrols by the dog section on Tuesday. Shortly before 6pm, officers in the area of East Street south, near Domingo Heights, conducted a search of an open yard and found an estimated eight ounces of marijuana with a street value of $520. No arrests were made.
Two Bimini men missing at sea
THE family of two men who went missing on Sunday while travelling from Grand Bahama to Bimini are praying they will be safely found.
PI entrepreneur ready ‘at stroke of PM’s pen’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”
‘There’s been no final decision’ on RCI PI Project
YOUTH, Sports and Culture Minister Mario Bowleg says Cabinet has not approved Royal Caribbean International’s Paradise Island project.
BAHAMAS JOINS LAWSUIT DEMANDING US GUN MAKERS ‘PAY UP $10BN’: Case holds manufacturers accountable for harm caused by their products
THE Bahamas has joined a $10bn lawsuit to hold US gun manufacturers to account for the spread of firearms throughout the region, Prime Minister Philip “Brave” Davis said last night.
Should PLP sell GB to US?
A political operative on Facebook claimed that a Progressive Liberal Party Cabinet minister at the Grand Bahama Business Outlook blamed the island’s protracted economic depression on the COVID-19 pandemic, which is patently false. Grand Bahama has been in the economic doldrums since 2001, the year of the terrorist attacks on the US by Osama bin Laden and Al Qaeda.
Tit-for-tat over FTX
Greetings. And thank you for the space in your daily publication to proffer up these several points Of view.
‘Big mistake’ to rush 15% minimum tax
A BAHAMIAN financial services provider yesterday warned it would be “a big mistake” for this nation to rush into implementing the 15 percent global minimum corporate tax rate without first ensuring such a move benefits its economy.
Downtown Nassau tourism incubators expand to two
THE DEPUTY Prime Minister yesterday said there will now be two tourism incubation centres in downtown Nassau because his ministry was unable to find a single location able to handle the demand from Bahamian entrepreneurs.
DPM pledges complete tourism bill consultation
THE DEPUTY Prime Minister yesterday pledged there will be full consultation over the Tourism Development Corporation (TDC) Bill after it was withdrawn from House of Assembly debate following an outcry by the private sector.
Dr Fitzcharles named director of operating theatre
PRINCESS Margaret Hospital (PMH) has appointed Dr Colleen Fitzcharles as director of operating theatre. Dr Fitzcharles was the first Bahamian female surgeon at PMH and Doctors Hospital.
Court clerk faces fraud and money laundering charges
A MAGISTRATE’S Court clerk was in tears yesterday as she faced 20 fraud-related charges - with prosecutors alleging she abused her court position for profit and gain.
Woman fined and must repay employer over stolen money
A GAS station worker was fined $1,800 yesterday after she admitted to stealing $572.83 from her place of employment on Prince Charles Drive.
Gardiner pleased with his comeback
BACK in action after sitting out the past season with an injury, World and Olympic champion Steven Gardiner said he’s excited about his progress and looking forward to getting back on top of the men’s standings in the 400 metres.
Dr Wentia Ford-Diagne remembers her late father
In an effort to help keep the legacy of her late father alive, former versatile athlete Dr Wentia Ford-Diagne has established the Wenty Ford Sports Foundation with a “50-50 Dream Big” initiative.
Minister: Don’t wait until last minute to buy CARIFTA tickets
WITH the 50th CARIFTA Games only 15 days away, Minister of Youth, Sports and Culture Mario Bowleg is urging Bahamians not to wait until the last minute to purchase their tickets for the event.
Duncombe coming to town for the CARIFTA team trials
GRAND Bahama – After falling short of making the Bahamas Aquatics’ national team for the CARIFTA Swimming Championships in Curacao, versatile Grand Bahamian Launy Duncombe is coming to town this weekend to give it a shot at the Bahamas Association of Athletic Associations’ track team for CARIFTA here at home.
