Attorney loses appeal on ‘forged’ bank drafts
A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.
Contracted home sales ‘biggest market change’
A Bahamian realtor says “one of the biggest and most consistent market changes” in the 2023 third quarter was an increase in contracted sales for both homes and land in the five major islands.
‘We’ll go to highest court’ to block Wendy’s from PI
Major developers and resorts last night told Tribune Business they are willing to take their campaign to block Wendy’s Paradise Island restaurant “to the highest level of the judicial system”.
Sam Bankman-Fried to testify Bahamas looked after FTX clients ‘best interests’
Sam Bankman-Fried is set to tell a New York judge that Bahamian regulators, and not US bankruptcy attorneys, “were acting in the best interests of customers” immediately after FTX imploded.
IAN FERGUSON: Large firms must join Gov't to back MSMEs
It is no secret that micro, small and medium-sized enterprises (MSMEs) play a major role in stimulating economic development in The Bahamas. Both governments and large private enterprises should begin to ask themselves what they can do to encourage the growth of MSMEs, thus enabling them to contribute more significantly to the national economy.
Investment Policy revamp planned
The Government is aiming to revamp the National Investment Policy (NIP) and is holding consultations with industry in a bid to eliminate approval process red-tape, a senior official said yesterday.
Realtors cite shortage but listings rise ‘up to 1,492%’
Major realtors yesterday contradicted data showing new home listings rose “up to 1,492 percent” in the 2023 third quarter by arguing that inventory shortages mean The Bahamas remains “a seller’s market”.
Objection to Bahamas KC testifying for Sam Bankman-Fried
US prosecutors yesterday raised objections to a Bahamian KC testifying in defence of embattled FTX founder, Sam Bankman-Fried, over his meetings with local regulators as the crypto exchange imploded.
Chamber seeks ILO liveable wage advice
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) was yesterday said to have sought the International Labour Organisation’s (ILO) help to define what a livable wage is.
Wendy’s blasts Atlantis as it wins PI approvals
Wendy’s yesterday blasted Atlantis for masterminding a “meritless, aggressive and self-serving campaign” that failed to prevent the fast-food brand gaining planning approval for its Paradise Island restaurant.
Keith Roye II: Digital transformation in reach of SMEs too
In today’s fast-paced business landscape, “digital transformation” is not just a buzzword but a necessity for staying competitive. While large corporations often have deep pockets to fund complex digital initiatives, small and medium-sized enterprises (SMEs) can also thrive in this digital age by crafting strategies that are tailored to their unique needs and capabilities.
Aviation authority is ‘audit ready’ - but some deficiencies expected
DESPITE “some deficiencies”, Director of Aviation and Deputy Director General of Tourism Dr Kenneth Romer said he is confident the Civil Aviation Authority (CAA) is “audit ready”.
Aviation week ‘a chance for 4,000 staff to collaborate’
THE launch of Aviation Week yesterday will give members of the Bahamian aviation industry the chance to collaborate and share knowledge, said Director of Aviation and Deputy Director General of Tourism Dr Kenneth Romer yesterday.
Pintard: Govt broke promises – and repeatedly breaking law
Opposition leader Michael Pintard accused the Davis administration of not keeping many of the “promises” made to the Bahamian people – and of engaging in practices that “broke the law”.
Royal Caribbean’s PI club in DEPP construction go-ahead
Royal Caribbean’s Paradise Island beach club was yesterday revealed to have passed another regulatory hurdle by obtaining a Certificate of Environmental Clearance (CEC) for the construction phase.
