Business
-
FTX debtors discover ‘substantial shortfall’ of digital assets
The FTX debtors have concluded that there is a “substantial shortfall” of digital assets at FTX’s US and international exchanges,…
Read More » Securities Commission’s fintech festival postponed
The Securities Commission of The Bahamas (SCB) has postponed its first fintech festival, D3 Bahamas, with dates that were originally…
Read More »-
PM wants action on US commitment to CARICOM on clean energy
Prime Minister Philip Davis said following his meeting with US Vice President Kamala Harris at the White House in Washington,…
Read More » PM on de-risking: banks must focus on the common good
Prime Minister Philip Davis, in his capacity as Caribbean Community (CARICOM) chair, appealed yesterday to financial institutions to focus more…
Read More »-
Price control margins for pharmacies end today
The price control margins agreed to between the government and pharmacists to bring economic relief to Bahamians purchasing medications fall…
Read More » -
Hotel union wants amendments to Industrial Relations Act, Employment Act
The Bahamas Hotel Catering and Allied Workers Union (BHCAW) intends to lobby to have redundancy provisions and the recognition of…
Read More » Deltec Bank explains parent company’s $50 mil. loan from FTX
Deltec Bank and Trust Limited released a statement yesterday confirming that its parent company, Deltec International Group (DIG), received a…
Read More »-
Cruise port welcomes 157,000 visitors so far; sets one-day record
Nassau Cruise Port (NCP) has seen passenger movements of more than 157,000 since the year began, achieving a one-day record of 26,410…
Read More » Exumians briefed on $675 mil. in luxury developments
Exumians residents were briefed last week about four major luxury developments, with many eagerly awaiting their impact, according to Exuma Chamber of…
Read More »-
World Bank projects 4.1% growth for Bahamas in 2023, 3% in 2024
Citing the possibility of a sharper-than-projected global slowdown, the World Bank in its just released Global Economic Prospects 2023 projected…
Read More »
