EU blacklist escape blocks double-digit insurance rise
Bahamian households and businesses yesterday escaped potential double-digit increases in insurance costs after this nation secured its removal from the European Union’s (EU) tax blacklist.
Top attorneys battle on Sir Jack’s Butler’s $83k costs
Two leading attorneys are locked in a furious battle over $83,000 in taxed legal costs stemming from court cases involving Sir Jack Hayward’s late Bahamian butler.
$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim
The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.
Prince George Wharf vendors to relocate
The head of the Government’s Downtown Revitalisation Unit yesterday said vendors who were asked to vacate Prince George Wharf will be allowed to operate from “alternative locations”.
EU blacklist escape key to ‘new world order survival’
The Bahamas “can only survive in this new world order” through ongoing compliance with global demands, the Attorney General asserted yesterday, as it escaped the European Union’s (EU) tax blacklist.
Deltec pleaded Bahamas law breach, poverty over FTX evidence demands
Deltec Bank & Trust pleaded poverty and violations of Bahamian law in a failed bid to block aggrieved former FTX investors from forcing it to provide evidence.
Apprenticeship initiative to impact ‘big numbers’
The planned National Apprenticeship Programme will impact “big numbers” with ambitions to have the first entrants working in the Bahamian maritime industry as early as April/May 2024.
‘Zero’ crime fall-out for cruise numbers
Nassau Cruise Port’s top executive yesterday said he can “guarantee” passenger numbers for the past three days have surpassed prior years to show there has been “zero” impact from recent crime concerns.
‘Sting operations’ net 1,500 pounds of illegal grouper
A senior fisheries official yesterday revealed that “sting operations” over the past three weeks have netted more than 1,500 pounds of Nassau grouper caught illegally out-of-season.
‘No harm’: Private aviation meets ‘bonkers’ prior years
THE Bahamas’ private aviation business was yesterday said to have suffered “no harm” from saturation media coverage of this nation’s crime woes with visitor numbers matching the “bonkers” prior two years.
Over 180 feet of clogged pipes are excavated at Arawak Cay
MORE than 180 feet of clogged pipes have been excavated to-date as part of sewerage upgrades at Arawak Cay, it was revealed yesterday.
CIBC unveils Jet Blue tie-up on card launch
CIBC last night launched its MasterCard credit card partnership with the Jet Blue airline.
Bahamas must feed itself to be ‘truly independent’
A CABINET minister yesterday asserted that The Bahamas can only be “truly independent” if it achieves food security where its citizens are able to feed themselves.
‘Absolutely untrue’ DARE influenced by FTX, Deltec
THE Securities Commission’s top executive yesterday slammed as “absolutely untrue” assertions that The Bahamas’ key digital assets law was influenced to benefit FTX and a local international bank.
Deltec’s ‘secret’ $2bn credit line for FTX ally
A BAHAMIAN bank has been accused of aiding FTX by allegedly “sidestepping” this country’s banking laws, helping to “siphon off” customer funds and providing an up to $2bn “secret” credit line.
