‘Future generations and youth let down’ over NIB
The National Insurance Board (NIB) must be given more independence from government, a pension specialist urged yesterday, adding: “Successive administrations have let the youth and successor generations down.”
$233m IMF rights can’t be viewed as ‘panic exercise’
The Government must not allow its borrowing of $233m in IMF Special Drawing Rights (SDRs) from the Central Bank to be perceived as “a panic exercise”, a Bahamian commercial banker has warned.
Roadwork-hit businesses seeking ‘come back to Village Road’ boost
A “COME back to Village Road” incentives package is needed to revive businesses that have been damaged by the year-long roadworks impacting that corridor and the surrounding area, an entrepreneur is arguing.
Small businesses facing struggle on NIB rate hike
BAHAMIAN small businesses will struggle to absorb any National Insurance Board (NIB) contribution rate increase due to the multiple other expenses hikes they are grappling with currently, a sector consultant has warned.
FTX’s Bahamian liquidators to to control $46m Tether assets
FTX’s Bahamian provisional liquidators have gained control of $46m in Tether stablecoins as part of their “co-operation” deal with the crypto exchange’s US chief that creates a “path forward” to resolve all remaining disputes.
‘Don’t be led like sheep to the digital slaughter’
Bahamians were yesterday told “don’t be led like sheep to the digital slaughter” with a businessman arguing that the stance taken by some government agencies in not accepting cash was illegal.
CLICO victims: Don’t forget our $35m need
Victims of CLICO (Bahamas) implosion have made an impassioned call to the Government not to forget their continuing plight with an estimated $35m still required to make them whole.
FTX CEO’S ATTACKS ON BAHAMAS ‘MISGUIDED’: Attorney General hails regulator for ‘proper’ measures
FTX’s US chief has admitted his attacks on The Bahamas’ integrity were “misguided” by agreeing to work with the failed crypto exchange’s local liquidators, the Attorney General argued last night.
DEREK SMITH: Firms won’t be ‘board’ by 2023 corporate challenge
Volatility appears to be further increasing in an already-shaky environment.
Opposition: Is customs broker ‘integration’ legal?
THE Opposition’s finance spokesman last night queried whether the Customs laws and regulations must be changed before mandating that brokers acquire third-party software to “integrate” with its electronic import clearance system.
'Too late': Fired Gaming Board employees can't get jobs back
Seventeen former Gaming Board employees, who were found to have been unfairly dismissed, have lost their bid for reinstatement some four-and-a-half years after they were terminated.
Gym owners eye New Year spike in business
BAHAMIAN gym owners say business has increased by as much as 25 percent post-Christmas as persons move to work off the pounds gained during the holiday season.
Businesses take midweek Majority Rule day in stride
BAHAMIAN businesses yesterday said they are taking the January 10 Majority Rule holiday in their stride despite losing another day of commercial activity so close to the Christmas festivities.
Fresh start
ActivTrades
The first trading week of 2023 is behind us after providing some hope on the global stock markets.
FTX Trading Limited agrees on 'mutual cooperation' terms
FTX Trading Limited has agreed on terms for “mutual cooperation” on the chapter 11 in the US and the provisional liquidation in The Bahamas.
