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Minister 'Confident Overseers of Resolve Will Maximize Collection'
The Minister of State for Finance, the Hon. Michael Halkitis expressed his confidence and optimism in the success of Bahamas Resolve Ltd., the government?s response to debt collection for delinquent accounts at the Bank of The Bahamas...
Deltec to submit motions to dismiss lawsuits by FTX investor
Deltec Bank & Trust does not anticipate that it or its clients will be affected by a putative class-action lawsuit filed against the bank in the state of Washington by a former FTX investor last week.
Deltec slams "meritless" claims by former FTX investor
Bank to file motions to dismiss lawsuits alleging it aided and abetted FTX founder in fraud NASSAU, BAHAMAS — Deltec Bank said yesterday that it plans to "vigorously" defend against what it described as "meritless" claims by an aggrieved FTX investor that it knowingly aided and abetted in fraud prior to the crypto exchange's infamous [...]
'ERRORS' ON PAYROLL COST GOVT $120M: 'Some had salary paid for decades without records'
'ERRORS' ON PAYROLL COST GOVT $120M: 'Some had salary paid for decades without records'
PAYROLL errors could be costing the government as much as $120m a year, Financial Secretary Simon Wilson said yesterday.
AM Best affirms Bahamas First credit ratings
AM Best affirms Bahamas First credit ratings
Bahamas First General Insurance Company Limited (BFG) and Cayman First Insurance Company Limited (CFI) - subsidiaries of Bahamas First Holdings Limited (BFH) - have received a clean bill of health by credit rating agency AM Best, affirming their A- (Excellent) financial strength rating, and leaving their long-term issuer credit rating (Long-Term ICR) of "a-" (Excellent) in plac...
Sounding the alarm on fentanyl
Sounding the alarm on fentanyl
Fentanyl, the powerful synthetic opioid, is seldom, if ever, spoken about publicly in The Bahamas.
Buccaneers sweep soccer titles
Buccaneers sweep soccer titles
The New Providence Buccaneers reigned supreme on the soccer field as they lifted both the men and women's titles at the sixth Bahamas Games yesterday. Both teams had a perfect run in the tournament, coming away with maximum points. The Buccaneers' men went into their final game of the tournament with nine points and having not conceded a ...
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The Bahamas enjoying relatively low lending rates as other markets rise
As borrowing becomes more expensive in the US and in some Caribbean territories, The Bahamas continues to offer favorable rates, though commercial bank lending has contracted and non-performing loan rates remain higher than average, the bank's Vice President and District Head for the Caribbean Roger Archer told Guardian Business. Archer said The Bahamas has been fortunate to enjoy ....
Repairs progressing on Casuarina Bridge
Repairs progressing on Casuarina Bridge
NASSAU, BAHAMAS — The Lucaya Service Company Limited (LUSCO) yesterday announced that repairs to the Casuarina Bridge which was damaged by Hurricane Dorian's high winds and flooding in 2019 are progressing. "The Casuarina Bridge provides safe and convenient passage from Freeport to communities in the east," said Charisse Brown, Grand Bahama Development Company Limited (DEVCO) [...]
The Peanuts Movie
The Peanuts Movie
- Genre : Adventure, Animation, Comedy
- Rating : A - All ages admitted
Snoopy embarks upon his greatest mission as he and his team take to the skies to pursue their arch-nemesis, while his best pal Charlie Brown begins his own epic quest back home.