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Bahamas ‘first’ to serve aviation security model

The Bahamas was yesterday said to have gained “a competitive advantage” through an aviation security “first” that will serve as a model for the US government’s international roll-out plans.

Bid to improve cyber security

THE government said it has embarked on the development of a national cyber security strategy that will further strengthen the country’s data protection capabilities by strengthening cyber crime legislation in the Bahamas.

'Weak' credit unions face sale or wind-up

Three “very small and weak” credit unions, facing a combined $500,000 to $1 million shortfall, will be sold or liquidated prior to the Central Bank of the Bahamas taking over supervision of the sector.

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Women's issues expert in discussion

On Wednesday, September 19, the US Embassy hosted a roundtable discussion between Anita Botti, the Chief of Staff and Principal Deputy in the US Secretary of State’s Office of Global Women’s Issues and a group of students from St Andrew’s High School’s Model UN programme.

Sterling Global appoints investor relations chief

Sterling Global Financial, the Bahamian headquartered financial provider, has named Karyn Phuong as its vice-president for investor relations.Ms Phuong will manage Sterling’s corporate communications strategy, and be a key member of the executive tea

Cloud provider in a Caribbean first

A Bahamas-based cloud services provider says it has been named as the only LogRhythm authorised managed security services provider partner for the Caribbean and Latin America.

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FTX consumes 21% of Commission costs

FTX’s implosion consumed 21 percent of the Securities Commission’s near-$15m operating expenses last year as it raced to preserve client assets and tackle the legal and regulatory fall-out.

BISX announces three new funds

THE Bahamas International Securities Exchange (BISX) announced that three new investment funds sponsored by Witherbotham Trust Company Ltd, along with one with sub-fund, have successfully completed the BISX mutual fund listing process and have been l

Liquidator concern on $8m taken from collapsed broker

A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.

Fuel hedging key for BEC's manager

Fuel hedging will likely be a key obligation imposed on the Bahamas Electricity Corporation’s (BEC) new private sector manager, its current executive chairman yesterday saying declining global oil prices meant it was the “perfect time” to secure a three to five-year supply contract.

BFSB summit to focus on women

A panel discussion at the Bahamas Financial Services Board’s (BFSB) 2014 International Business and Finance (IBFS) Summit will focus on Bahamian women in the global workforce and the impact they are having.

Commission’s regulatory powers restored by court

The Appeal Court has overturned a verdict that prevented the Securities Commission “from acting in the public interest”, following its battle with a BISX-listed company over the latter’s compliance with regulatory capital standards.

Vantage shares operating learnings

Vantage Airport Group, a leading global airport investor, developer and manager, has marked the successful delivery of its second biennial operations workshop held this year in Nassau.

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FRONT PORCH: US needs a better ‘whole world strategy’ as they show concern over China’s relationship with small and developing nations

ALONG with other Caribbean heads of government, Barbados Prime Minister Mia Mottley bristles at patronising questions, including from journalists, querying the Caribbean’s relationship with China.

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PETER YOUNG: Will climate conference really make a difference?

PEOPLE have been talking about the upcoming climate summit for so long that it is hard to believe it is now really upon us. Under the presidency of the UK, the 2021 UN Climate Change Conference will take place in Glasgow, Scotland’s largest city, from 31 October to 12 November.

China’s Ukraine position

RE: CHINA’S position on the political settlement of the Ukraine crisis: 1. Respecting the sovereignty of all countries. Universally recognised international law, including the purposes and principles of the United Nations Charter, must be strictly observed.

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Pledge on air safety after flight delays over protest

AVIATION and Transport Minister Glenys Hanna Martin has warned the Bahamas Air Traffic Controllers Union that the government will not compromise on the security of the Lynden Pindling International Airport after air traffic controllers protested a new security measure, causing flight delays of up to four hours on Saturday.

NAD to assist on security upgrade

The Nassau Airport Development Company (NAD) yesterday said it would work with industry partners to implement new US aviation security requirements at Lynden Pindling International Airport (LPIA). Jan Knowles, NAD’s marketing and communications mana

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BICA discusses best practices with Securities Commission

The Bahamas Institute of Chartered Accountants (BICA) has met the Securities Commission of The Bahamas (SCB) in continuing efforts to ensure regulation meets best practices and standards.

‘Missed generations’ now threaten farming

The Bahamas has “missed generations of farmers” by failing to attract young entrepreneurs to agriculture, a Cabinet minister said yesterday, warning that this threatens the sector’s sustainability.