The election of a new Roman Catholic Pope has caused a surge in religious belief and practice across the globe.
Many are contemplating a return to Judeo-Christian values and even church attendance.
This new season has sparked interest in the value that church and religion can play in advancing the world of work. The church can support businesses by fostering ethical business practices, providing resources for entrepreneurship and job creation, and serving as a place for spiritual and emotional support for business owners and employees.
Churches can also help businesses by providing charitable assistance and advocating for policies that promote economic
IAN
FERGUSON
growth, while also modelling a culture of service and compassion. Here’s a more detailed look at how the church can help businesses:
1. Fostering Ethical Business Practices
Biblical Principles
Churches can help businesses adhere to ethical guidelines based on biblical principles, promoting honesty, integrity and fair dealings.
Moral Compass
Churches can offer a moral compass for business owners and employees, helping them navigate difficult ethical dilemmas.
2. Providing resources for entrepreneurship and job creation
Networking Opportunities
Churches can provide a network for entrepreneurs to connect with potential investors, mentors and business partners.
Educational Resources
Canadian airline bids to expand Bahamas routes
AIR Canada is expanding non-stop flights to The Bahamas this winter by increasing airlift from Ottawa, Montreal and Toronto.
The Ministry of Tourism, Investments and Aviation, in a statement, said the carrier is introducing non-stop flights from Ottawa Macdonald-Cartier International Airport and
Halifax-Stanfield International Airport to Lynden Pindling International Airport (LPIA) this winter, with the addition of weekly flights starting on Friday, December 5, and lasting until April 2026. And, from June 20 through August 29, Air Canada will resume weekly non-stop flights from Montréal-Pierre Elliott Trudeau
BTC’s business team attends Freeport Expo
THE Bahamas Telecommunications Company (BTC) served as a lead sponsor of the Grand Bahama Port Authority’s (GBPA) recent Freeport Business Expo (Tourism Edition).
The two-day event, held from May 1-2 at the Grand Lucayan Convention Centre, brought together business owners, entrepreneurs and stakeholders from across Grand Bahama including BTC’s business team.
“We believe in Bahamian businesses, and we exist to empower them with reliable and innovative solutions that drive economic growth, enhance customer experiences and improve the ease of doing business in The Bahamas,”
said BTC’s director of B2B (business-to-business), Delmaro Duncombe. “When businesses thrive, our communities and our country thrive as well.
“It was incredibly rewarding to be at the Expo and speak directly with business owners and decision-makers about how BTC can help them scale and evolve. We’re more than just a telecom provider – we’re a strategic partner dedicated to helping businesses navigate the digital era with confidence and clarity.”
Attendees got a look at innovative business tools such as Push-to-Talk over cellular and bodycam devices, secure and private Cloud services, direct dialling via Microsoft Teams, and an array of digital
International Airport to LPIA. Operating every Friday, the Airbus A220 seasonal service will provide additional service.
Air Canada will continue to provide service from Toronto’s Pearson International Airport to LPIA six to seven times per week. And Air Canada Vacations’ flights from Toronto to Georgetown, Exuma,
Churches can host workshops and seminars on business skills, financial literacy and leadership development.
Charitable Assistance
Churches can offer financial and material assistance to entrepreneurs and small businesses through charitable initiatives.
3. Serving as a place for spiritual and emotional support
Prayer and Counselling
Churches can offer prayer and counselling services to business owners and employees who are facing financial hardship, stress or other challenges.
Community Building Churches can create a sense of community and belonging for business owners and employees,
are also scheduled to resume on November 2025 through to April 2026.
“Air Canada continues to demonstrate their commitment to expanding air travel from Canada to The Bahamas,” said Chester Cooper, deputy prime minister and minister of tourism, investments and aviation. “It also reflects the eagerness of Canadians to travel to The Bahamas.
“We look forward to welcoming even more visitors from eastern Canada to experience the warmth of our people, beauty and culture of our islands this summer, next fall, and
fostering a supportive and encouraging environment.
4. Providing charitable assistance and advocacy
Charitable Initiatives
Churches can support local charities that provide assistance to those in need, such as food banks, homeless shelters and job training programmes.
Advocacy for Policies
Churches can advocate for policies that promote economic growth and social justice, such as tax reform and investment in infrastructure.
5. Modeling a culture of service and compassion
Volunteerism
Churches can encourage business owners and employees to volunteer their time and talents in their communities.
beyond.” Sunwing Vacations also announced its seasonal flights from Toronto to Grand Bahama International Airport will be extended to year-round weekly service as of this summer.
Sunwing will also continue to operate its non-stop flights from Montréal to Grand Bahama International Airport on a year-round basis, with weekly Saturday flights.
Latia Duncombe, the Ministry of Tourism’s director-general, added: “Canada remains a priority growth market for The Bahamas, and the
Acts of Service Churches can model a culture of service and compassion through their own charitable initiatives and outreach programmes.
By fulfilling these roles, the church can significantly contribute to the well-being of businesses and the economic prosperity of the community, while also fulfilling its mission of serving God and helping others.
a talent management and organisational development consultant, having completed graduate studies with regional and international universities. He has served organisations, both locally and globally, providing relevant solutions to their business growth and development issues. He may be contacted at tcconsultants@ coralwave.com.
expansion of the airlift by our longstanding partners reflects the sustained demand for our destination.
“These enhanced routes from key Canadian cities strengthen our connectivity, improve accessibility and support our broader strategy to drive yearround visitation across the islands.” In addition to the Montreal/Nassau route this summer, Canadians also have the non-stop charter offered by Club Med every Tuesday through 29 July to its all-inclusive Columbus Isle Resort on San Salvador.
JOB VACANCY
A well-established Law Firm is accepting applications for the following position:
Legal Administrative Assistant
The primary purpose is to provide legal support to attorneys by performing legal research, drafting documents, managing case files, and communicating effectively with clients.
Skills & Qualifications:
verbal.
What We Offer:
business
solutions tailored to their needs.
“BTC is committed to being present, being involved, and being a true partner to Bahamian businesses,” Mr Duncombe
“Our presence at events like the Freeport Business
reinforces our dedication to supporting local innovation and development on every island, especially Grand Bahama.”
MEMBERS of BTC’s New Providence and Grand Bahama team listen attentively to Expo speakers.
MEMBERS of BTC’s New Providence and Grand Bahama team attended the Grand Bahama Port Authority’s Freeport Business Expo. L to R – Leteasha Lord, Yvette Poitier, Taharji Smith, Leeshanria Lightbourne and Chrishandra Jones.
BTC’s director of B2B, Delmaro Duncombe, addressed the Grand Bahama Port Authority’s Freeport Business Expo on, ‘Driving your company’s success with BTC Business’.
solutions. The team was on-site answering questions, offering demonstrations and helping business owners identify
said.
Expo
Sarkis loses bid to block CCA’s latest $1.7bn challenge
“The court should deny CCA’s second request to modify the automatic stay both because it has not demonstrated even a remote possibility of succeeding in its attempt to further appeal BML Properties’ judgment, and because CCA is abusing the bankruptcy process through its dilatory tactics for the benefit of its non-debtor shareholder and non-debtor affiliates,” Mr Izmirlian and his BML Properties vehicle alleged.
Baha Mar’s original developer also argued that “pursuit of meritless further review” of judgments handed down by two separate New York courts would negatively impact CCA Construction’s “estate”, thus reducing potential recoveries for himself and other creditors. And he alleged that it would also “delay a muchneeded robust, independent investigation” by the US bankruptcy trustee’s courtappointed examiner.
“Rather than trying to re-litigate BML Properties’ judgment, CCA should focus its efforts on maximising value by working with BML Properties and
co-operating with - rather than trying to limit or resistthe examiner’s investigation into misconduct and claims for the benefit of its estate,” Mr Izmirlian argued. “CCA commenced this Chapter 11 case as a litigation tactic in the wake of BML Properties’ $1.6bn judgment and after the New York Appellate Division denied its request for a stay of enforcement pending appeal... Less than four months later, the appellate division issued a unanimous decision categorically rejecting all of CCA’s arguments and upholding BML Properties judgment in full against all three defendants.”
“For all of CCA’s puffery, not one justice sided with CCA on any issue. And because the appellate division’s decision was unanimous, CCA has no further appeal as of right. Instead, it must make a rarely granted motion for leave for permission to pursue a discretionary appeal to the New York Court of Appeals.”
Mr Izmirlian and BML Properties added: “The probability that CCA’s leave application will be granted is clearly remote. In recent
years, only about 4 percent of civil motions for leave to appeal to the New York Court of Appeal were granted. The chances of CCA’s motion being granted here are even lower because CCA’s proposed appeal does not raise issues of law that typically ‘merit review’ by the New York Court of Appeals....
“At this juncture, no true estate fiduciary would continue to dispute the merits of BML Properties’ underlying judgment, and there is no indication that the [CCA Chapter 11] special committee has conducted any assessment regarding the likelihood of success of the appeal. Against CCA’s unlikely success on appeal, BML Properties will be prejudiced if the motion is granted.
“CCA and its affiliates have used this bankruptcy as a litigation tactic to stall BML Properties’ efforts to satisfy its judgment after the appellate division denied the motion for a stay of enforcement pending appeal,” they continued.
“What’s more, this case is predominantly a two-party dispute, as evidenced by the timing and stated reasons of the bankruptcy filing, the
lack of interest by general unsecured creditors in this case to enable the United States Trustee to form a creditors’ committee, and the fact that no non-insider creditors, other than BML Properties, have appeared at hearings in this case.
“CCA and its affiliates have vigorously opposed BML Properties’ efforts to investigate the circumstances that led to this bankruptcy, including by CCA resisting discovery in advance of the second day hearing and opposing the appointment of a statutorily required examiner.
“While BML Properties agreed in good faith to pause those efforts while CCA pursued its appeal as of right, CCA should not be allowed to stall any longer. CCA has not proceeded in good faith, and it should not continue its abuse of the bankruptcy process.”
The New Jersey bankruptcy court, though, was not impressed. And CCA Construction, in its own response to Mr Izmirlian, hit back at the original Baha Mar developer’s claims of financial mismanagement that included booking $96m in debt owed to subsidiaries and affiliates “under a
AG: BAHAMAS ‘MUST PRESERVE’ ANTI-FINANCIAL CRIME ‘40 OF 40’
beneficial owners, and the Bills tabled in Parliament provide a six-month transition timeframe following passage into law during which they must be replaced.
And, where a nominee is holding shares in a Bahamian corporate entity on behalf of someone else, such as the true beneficial owner, this must be disclosed in its shareholder register and memorandum. The nominee will now also be mandated by law to “complete a declaration of trust, naming the beneficiaries for whom he holds the shares”, and this must be kept at the company’s registered office. Finally, the “identity and relevant particulars” of the person who the nominee is holding the shares for must be disclosed and provided to the Register of Beneficial Ownership. Mr Pinder said this will ensure The Bahamas’ complies with the updated FATF standards requiring nominee shareholders to register that they are acting in such a capacity and disclose the identity of who they are representing. While nominee shareholders are already
regulated under Bahamian law, Mr Pinder explained: “Amendments to the Register of Beneficial Ownership, IBC and Companies Acts are intended to address this. This disclosure will be maintained through the BOSS system currently in use to register beneficial ownership.”
As for recommendation 25, Mr Pinder said changes to the Financial Transactions Reporting Act (FTRA) and Proceeds of Crime Act will enable The Bahamas to comply with the FATF’s revised position that trustees collect and maintain beneficial ownership and records on all persons involved with, and “exercising effective control”, over trust structures.
“These revisions to the FATF guidance now impose AML and KYC (anti-money laundering and Know Your Customer) obligations on trustees to collect and maintain beneficial ownership information on settlors, beneficiaries, protectors and others exercising effective control over the trust,” the Attorney General explained.
“In practice, many trustees indicate they are already doing this.
NOTICE
NOTICE is hereby given that FRANCINA JOSEPH of Mckinney Ave, Stapledon Gardens Nassau, The Bahamas, applying to the Minister responsible for Nationality and Citizenship, for Registration/Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 9th day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
However, the mandate is not reflected in law. The amendments to the FTRA and Proceeds of Crime Act address this requirement. I must indicate, so there is no confusion, it is not the intention of The Bahamas to have a trust register.”
Speaking to the importance of The Bahamas maintaining full compliance with FATF standards, Mr Pinder said: “It is vital that we keep pace with our legislative reforms in anti-money laundering in response to changes in regulatory requirements and FATF guidance.
“This is particularly important as we begin to prepare for our fifth round of mutual evaluation of The Bahamas by the FATF, which is to occur next year. We must maintain our position as compliant in all 40 FATF recommendations. The reputation of the country as a stable, wellregulated and compliance financial centre must be preserved.” The evaluation is likely to be conducted by the FATF’s Caribbean affiliate, the CFATF.
The Proceeds of Crime (Amendment) Bill 2025, meanwhile, also includes reforms designed to bring
The Bahamas into compliance with the FATF’s recommendations 36 and 38 which involve cross-border co-operation between different countries on evidence sharing and recovering/seizing assets that may have been derived from money laundering and other financial crimes.
In particular, under the existing Act, a Bahamian court “may not seek to enforce” a proceeds of crime judgment in another jurisdiction - a situation that is about to change. “Clause five seeks to insert the power and procedure for enforcement of Bahamian property freezing orders, and civil forfeiture orders, in foreign jurisdictions and the transfer of evidence relative to a property freezing order where there is a connection between the property and The Bahamas,” the Bill states.
“Currently, under the legislation, a court may not seek to enforce a judgement issued in The Bahamas in respect of proceeds of crime situated in a foreign jurisdiction. Clause six seeks to insert a schedule which provides a comprehensive analysis of ‘connection with a case in The Bahamas’ as
NOTICE
NOTICE is hereby given that HOWARD HUGH TOMLIN of #31 Woodcock Loop, Freeport, Grand Bahama, applying to the Minister responsible for Nationality and Citizenship, for Registration/Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 9th day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
line item for country club membership”.
Mr Izmirlian doubled down on these claims, repeating them in his latest legal filings, but the Chinese state-owned contractor accused him of making “categorically false” claims and an “abuse of this Chapter 11 case” by deliberately “misconstruing” facts. He had also asserted that “at least one high-ranking CCA executive potentially used corporate funds to make tens of thousands in personal purchases”.
“On April 17, 2025, BML Properties provided CCA with a copy of the document production BML Properties previously received from American Express in response to BML Properties’ subpoena to American Express,” CCA Construction asserted.
“The production contains records relating to personal charges made using a credit card belonging to a former CCA executive, including statements of charges to the credit card and records of monthly card payments made by that individual from a personal bank account - not from any of CCA’s corporate bank accounts.
a condition for a Bahamian court to enforce a property freezing order or civil forfeiture order outside of The Bahamas, or request evidence in relation to an investigation”. Meanwhile, the Government yesterday hailed The Bahamas’ removal from France’s national tax blacklist as hinted at by the Prime Minister last week.
It said the French government had published an official decree dated April 18, 2025, officially removing The Bahamas from its list of non-cooperative states and territories in tax matters (NCST).
The Government, in a statement, said the change “reflects The Bahamas’ continued efforts to meet international standards on tax cooperation and transparency.
“This announcement marks another significant achievement in a series of international tax compliance wins for The Bahamas,” it added.
“It follows the country’s earlier removals from other prominent blacklists, including those issued by the European Union and the Organisation for Economic Co-operation and Development (OECD). These removals affirm The Bahamas’ commitment to strong governance, fiscal co-operation and regulatory alignment with global norms.
“The country’s achievements over the last three years have led to this
“BML Properties incorrectly suggested that this executive ‘potentially’ used corporate funds to make payments on the credit card account to cover personal purchases. The suggestion that the executive used corporate funds to make personal purchases is categorically false,” it continued
“If BML Properties had taken the time to compare the account number in the credit card statement with the bank account numbers listed.... BML Properties would have readily ascertained that none of those bank accounts were used to make the payments at issue.
“Further, if BML Properties had reached out to counsel for CCA.. and simply asked about the ‘potential’ personal use of the credit card – rather than making an unsubstantiated suggestion of misconduct in a public filing – counsel for CCA immediately would have confirmed to BML Properties that the credit card was used for personal charges, and the account from which the credit card payments were made was the executive’s personal bank account, not a CCA account.”
recognition. This progress ensures that The Bahamas’ financial services industry can better serve its French clients, offering seamless access to financial services and cross-border solutions,” the Government continued.
“The expanded ability to operate in jurisdictions like France also enhances The Bahamas’ attractiveness as an international financial centre, facilitating the continued growth and competitiveness of the sector.”
According to a note from Deloitte & Touche’s French affiliate, France decided on February 17, 2024, to maintain The Bahamas as one of five jurisdictions subject to full defensive measures - including punitive withholding taxes on payments such as interest, dividends and royalties - for the whole of that year with that decision to only be reviewed come 2025.
The French move was decided just three days before the EU, of which it is a member, resolved to delist The Bahamas from its own blacklist on February 20, 2024. While national blacklistings are less comprehensive and impactful than those imposed by multinationals, such as the EU and OECD, they nevertheless pose a reputational risk and undermine the ‘ease of doing business’ with entities and individuals from those nations by adding to the cost and time associated with financial transactions.
PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, CRANNA SHANEAR ROLLE, of P.O. Box F42908 Gladstone Terrace, Freeport, The Bahamas. intend to change my name to CRAYANNA SHANEAR ROLLE If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Offcer, P.O.Box N-742, Nassau, The Bahamas no later than thirty (30) days after the date of publication of this notice.
LAND REFORMS TO ‘WASH OUT’ BOGUS TITLE CLAIMS
FROM PAGE B1
system of lodging and recording conveyancing deeds in the registry of records at the Registrar General’s Department. The two Bills tabled by the Davis administration will thus work hand-inhand, complementing each other to bring Bahamian land administration into the 21st century.
“That’ll be a massive transformation, and I believe necessary,” Mr O’Brien told Tribune Business of the proposed reforms, “but they will probably take decades to implement fully. That’s just going to take time and resources, both qualified persons and the Government directing funds to get it done.
“I think we’ll have a two-tiered system for quite a while, but when implemented it will create much more certainty, and speed up transactions, and likely reduce the cost for consumers. It’s just a dramatic change in how land will be administered and addressed, so the process will be much different from what we have now.
“Title searches will still be necessary, but will be much quicker, easier and reliable. We won’t have to chase down the original deeds
once they are accepted by the land registry. You have that measure of confidence. Rather than going back 30 years, you go as far back as the present owner to see what activity is occurring.”
Backing the reforms, Mr O’Brien added: “I definitely support the move. I think it will help commerce, it will speed up transactions and banks will have more certainty from a lending perspective. I’m sure the banking community will be happy to see it introduced, and buyers and sellers will like it down the road....
“It’s a big improvement. You can still drive your 1985 Ford pick-up truck, but this is an opportunity to have a 2025 pick-up. Let’s upgrade. Many of our Caribbean neighbours have made the transition. We know it can be done. We’ve got some templates on how it’s going to be done.
“I’m pleased to see there’s the political will to get it done, and at least get it out of the gate, and hopefully it won’t be something that languishes once passed into law because there’s a lot of effort that needs to go behind it.”
Concurring, Mr Morley told Tribune Business: “I think eventually, when the land registry is in full swing, there’s no doubt there will
be tremendous benefits.
One of the things a land registry is going to do is clean up the existing registry, which contains a lot of bogus conveyances. I’ve seen several, including one affecting one of my father’s companies.
“It’s amazing the forged signatures on those conveyances, and they’ve not even met the minimum criteria to get into the registry [of records]. It makes one question how they got into the registry in the first place. The land registry is intended to clean that up. Once title is adjudicated, and gets into the land registry, it deals with bogus claims.”
Mr Morley agreed that getting all land parcels adjudicated, especially in the Family Islands, “will take time” especially if competing, rival claims are involved. “The end result is going to have tremendous benefits,” he reiterated, “but one of the things I perceive is challenges with the transition period, and that’s not going to take place overnight. We all have to be patient in that regard.”
For the Government, he added that the reforms will create a land administration system that will work similar to a “blockchain”, where all real estate-relates taxes can be tied into specific properties, their assessment numbers and owners. “Everything gets tied in together as it relates to real estate becoming a very small world,” the Morley Realty chief explained.
were expanded with the opening of additional facilities in New Providence and Grand Bahama, as well as increases in employee benefits borne by the group.
“If anyone is not paying their transfer tax [VAT] it’s all right there. It’s all going to be cleaned out; it’s going to wash the system out... It’s all part and parcel. To me, it’s a step forward. It’s regularising the system, levels the playing field, and makes sure that, if you have title to the property, you have it. If it gets on the land registry it makes it very difficult to come back and make bogus claims.”
Mr Morley said the adjudication process will likely start with long-established New Providence subdivisions such as Blair Estates, where virtually all properties have homes built on them and competing/bogus title claims are almost zero. That, he added, will enable multiple properties to entered into the land registry very quickly, thus building critical mass. The Family Islands, though, will likely take longer.
“I think it can only benefit the property owners in this country, the Government and all different stakeholders,” Mr Morley added. “It’s good to take the first step, and I applaud the Attorney General’s Office and the Committee for moving it forward again.
“Two Caribbean countries adopted The Bahamas’ draft legislation as their own laws, and The Bahamas has still not done it. I applaud the Government for moving forward with this.” The Land Adjudication Bill, in its ‘objects and reasons’ section, explained the rationale
for bringing the legislation forward.
“The Land Adjudication Bill 2025 seeks to establish a comprehensive legal framework for the systematic adjudication of rights and interests in land within The Bahamas,” it said.
“The Bill seeks to address the long-standing challenges associated with land disputes, unclear ownership, boundary ambiguities and informal occupation of land by establishing an orderly, efficient and transparent system for the identification, demarcation and recording of land ownership and interests.....
“Ultimately, the Land Adjudication Bill 2025 is intended to promote confidence in the landholding system and facilitate land transactions by providing a clear, reliable and legally-recognised basis for land ownership across The Bahamas.”
And its counterpart, the Registered Land Bill, added: “The Registered Land Bill 2025 seeks to modernise and streamline the system of land registration in The Bahamas by introducing a comprehensive legal framework for the registration of titles to land and the regulation of dealings in registered land.
“Its primary purpose is to provide certainty and security of title, reduce disputes over ownership and boundaries, and promote efficiency in land transactions. By establishing a central Land Registry, defining the legal effects of registration, and
setting out clear procedures for transfers, leases, charges and other interests in land, the Bill aims to facilitate transparent, reliable and accessible land administration across the country.”
The last Ingraham administration led similar legislative reform efforts more than one decade ago to develop a three-strong package of Bills that would have overhauled the existing system.
These Bills - the Land Adjudication Bill, the Registered Land Bill and the Law of Property Bill - would have created a land registry in the Bahamas, and given commercial and residential real estate buyers greater certainty that they had good title to their properties. However, they were ultimately shelved and no one saw fit to revive them until the Davis administration.
Sharlyn Smith, senior partner at Sharon Wilson & Company, who co-chaired the land reform committee, in 2022 referenced an InterAmerican Development Bank (IDB) report which “found that 15 percent of the parcels in the country were in dispute.
“This is particularly significant given the observation that, by and large, 70 percent of the land is controlled by the Government,” she said. “That leaves only 15 percent of the land, which is in private hands, not in dispute. Expressed differently, an IDB study in the early 2000s found half the land in private hands was in dispute.”
returns from projects such as its new Freeport hospital.
Mr Stubbs, pointing to several bright spots on the revenue side, said: “Consolidated net patient services revenue increased $3.854m or 4.54 percent over the third quarter last year. The increase in revenue is primarily a result of the uptick in outpatient activity, combined with a decline in the inpatient admissions.
“There was an increase of $4.912m or 66.53 percent on net patient services revenue from the outpatient facilities. Total inpatient days for the nine months ended October 31, 2024, were
7,997 compared to 10,794 the year prior, a reduction of 2,797 days or 25.91 percent.”
Turning to Doctors Hospital’s expenses, Mr Stubbs added:
“Consolidated expenses rose by $8.121m or 9.96 percent over the comparable period last year. The increase was driven primarily by increases in personnel cost, medical supplies and other operating expenses, combined with a decrease in provision for doubtful accounts..
“Higher salaries and benefits increased $6.604m or 19.11 percent over the third quarter last year. During the year the group increased its headcount as operations
NOTICE
NOTICE is hereby given that FRANCKLIN BIENAIME of East Street, Nassau, The Bahamas, applying to the Minister responsible for Nationality and Citizenship, for Registration/Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 9th day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that JEANNE SAINT PREUX of Rock Crusher, Farrington Road, Freeport, Grand Bahama, applying to the Minister responsible for Nationality and Citizenship, for Registration/Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 9th day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that RAYMOND JOSEPH
“Higher medical supplies increased $3.837m or 52.08 percent compared to the same period in 2023. The increase in this expense is a result of adjustments made to medical supplies inventory during the prior year, combined with the increased utilisation of supplies due to the additional outpatient locations.
Mr Stubbs continued:
“Higher other operating expenses increased $1.308m or 24.22 percent over the the quarter last year. The primary driving factor for this expense is as the number of locations increased, the expenses relating to operations also increased.
“Lower bad debt expense decreased $3.55m or 61.14 percent compared to the same period last year. The group made changes to its collection process, which drove a reduction in the loss rates on its portfolio of receivables, which is reflected in the decrease in the provision for doubtful accounts in the current fiscal year when compared to the prior fiscal year.”
However, at end-October 2024, Doctors Hospital’s accounts receivables - net or minus any provisions for doubtful accounts - stood at $15.4m.
“On a consolidated basis, return on sales - net income margin - dropped to 3.18 percent for the nine months ended October 31, 2024, a decline of 61.36 percent compared to the same period last year. This decrease was driven
NOTICE
NOTICE is hereby given that JAMEROLSTON VIL of Wulff Road, New Providence, Bahamas, is applying to the Minister responsible for Nationality and Citizenship, for registration/ naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 9th day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
NOTICE
NOTICE is hereby given that JADDAEM MYKAYAH AALIYAH CHIN of #58 McKinney Avenue, Stapledon Gardens, New Providence, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 2nd day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
of the facts within twenty-eight days from the 2nd day of May 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that VICKY ADDLY of Alice Town, Bimini, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 2nd day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
primarily by the decline in inpatient admissions, which impacted net patient service revenues,” Mr Stubbs said. Doctors Hospital had previously warned of “a material headwind” to profitability after it was forced to more than triple provisions to cover medical bill non-payment by government patients and insurers to $12.7m during the financial year to end-January 2024.
The BISX-listed healthcare provider, unveiling its annual report covering that 12 month period, disclosed that allowances for unpaid medical bills had jumped almost 263 percent year-over-year compared to the prior year’s total $3.5m patient provisions.
Government patients accounted for $11m, or 86.6 percent, of the provisions total after increasing significantly from $3m at the end of Doctors Hospital’s 2023 financial year. It attributed the surge to its increased willingness to “bridge bottlenecks” in the Bahamian public healthcare system by taking in more patients from Princess Margaret Hospital (PMH) to relieve that facility’s capacity constraints. And allowances for sums owed by “third-party payers”, namely health insurers covering medical bills on clients’ behalf, also more than tripled yearover-year from $549,277 to $1.662m. The BISX-listed healthcare provider said this increase stemmed from insurers either not fully
covering medical costs or raising co-payments and deductibles, which has resulted in more patients struggling to meet their share of the bill.
The $12.7m in patientrelated loss provisions accounted for 95.5 percent of the $13.3m in total expected credit losses (ECL) at end-January 2024. The latter figure represented a more than doubling, or 145.8 percent increase, compared to the prior year’s $5.404m total allowances.
And the near-$8m provisioning increase was arguably the major drag on Doctors Hospital’s profitability for the year to end-January 2024, with net and comprehensive income declining by more than $860,000 or 30 percent compared to the prior year. The healthcare provider’s bottom line for the period fell from $2.81m in 2023 to $1.945m.
Warning shareholders about its “rising exposure to uncompensated care and declining payer coverage [and] reimbursement, Doctors Hospital management nevertheless confirmed it will never turn any patient in need of care away while pledging to work with the Government to address the challenges posed by uninsured persons who cannot afford to cover treatment costs themselves.
NOTICE
NOTICE is hereby given that AINSLEY ROBINSON of Newbold Street, New Providence, Bahamas applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 2nd day of May 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
NOTICE is hereby given that CARL-FEDINE DUROSIER of Buccaneer Point, Bimini, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 2nd day of May, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
Vicky Addly.jpeg
White House overhaul of troubled US air traffic control system will cost 'lots of billions'
By JOSH FUNK and JOHN SEEWER Associated Press
THE Trump administration on Thursday proposed a multibillion-dollar overhaul of a U.S. air traffic control system that it said still relies on floppy disks and replacement parts found on eBay and has come under renewed scrutiny in the wake of recent deadly plane crashes and technical failures.
The plan calls for six new air traffic control centers, along with an array of technology and communications upgrades at all of the nation's air traffic facilities over the next three or four years, said Transportation Secretary Sean Duffy.
"We use radar from the 1970s," said Duffy, who compared the proposal with upgrading from a flip phone to a smartphone. "This technology is 50 years old that our controllers use to scan the skies and keep airplanes separated from one another."
The House Transportation and Infrastructure Committee last week budgeted $12.5 billion to overhaul the system, but that estimate came out before the Transportation Department revealed its plan. Duffy said the final price tag will be higher.
U.S. Rep. Sam Graves of Missouri, who heads the House transportation committee, called the amount only a "down payment."
To build the system quickly, as planned, Duffy said Congress must give the Federal Aviation Administration all the money up front and streamline the permitting process.
"The system we have here? It's not worth saving.
I don't need to preserve any of this. It's too old," Duffy said.
blaming the previous Biden administration for both problems.
But the weaknesses within the air traffic control system have been highlighted for years in hearings before Congress and government reports. The struggles to keep up with increasing air traffic has been recognized since the 1990s — long before either Trump or Biden took office.
The Trump administration's overhaul plan will need enough funding to be more effective than previous reform efforts during the last three decades. Already more than $14 billion has been invested in upgrades since 2003 but none have dramatically changed how the system works.
"It's going to be billions, lots of billions," he said.
The plan has an aggressive timeline, calling on everything to be finished by 2028 — although Duffy said it may take another year.
How much it will all cost wasn't immediately revealed. Duffy said he'll work with Congress on the details.
Notice
Future Major Growth Ltd.
In Voluntary Liquidation
Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, Future Major Growth Ltd. is in dissolution as of May 01, 2025.
International Liquidator Services Ltd. situated at 3rd Floor Whitfeld Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator. LIQUIDATOR
Demands to fix the aging system that handles more than 45,000 daily flights have increased since the midair collision in January between an Army helicopter and a commercial airliner that killed 67 people over Washington, D.C.
That crash — and a string of other crashes and mishaps — showed the immediate need for these upgrades, Duffy said in front of airline officials, union leaders and family members of those who died
in the crash near Reagan National Airport.
The proposal sets out to add fiber, wireless or satellite technology at more than 4,600 locations, replace 618 radars and more than quadruple the number of airports with systems designed to reduce near misses on runways.
Six new air traffic control centers also would be built under the plan, and new hardware and software would be standardized across all air traffic facilities.
NOTICE
NOTICE is hereby given that EVENS JEAN-GILLES of Sea Grape, Freeport, Grand Bahama applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 01th day of May 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
Trump said Thursday that the plan will revolutionize flying. "The new equipment is unbelievable what it does," he said from the Oval Office. He began to say it may even alleviate the need for pilots before adding, "In my opinion, you always need pilots. But you wouldn't even have to have pilots."
The newly revealed proposal appears to have wide support across the aviation industry — from airline CEOs to the unions representing controllers and pilots — but this is just the beginning and many details haven't been revealed.
Duffy quickly said the plan will not involve privatizing the air traffic control system, as Trump had supported in his first term.
Following the midair crash near Washington, Trump promised to fix what he called "an old, broken system" and to tackle the nationwide shortage of air traffic controllers while
The FAA has been working since the mid-2000s to make upgrades through its NextGen program.
One of the biggest challenges with a massive upgrade is that the FAA must keep the current system operating while developing a new system and then find a way to seamlessly switch over. That's partly why the agency has pursued more gradual improvements in the past.
The shortage of controllers and technical breakdowns came to the forefront in the last two weeks when a radar system briefly failed at the Newark, New Jersey, airport, leading to a wave of flight cancellations and delays.
Without the planned upgrades, those breakdowns will be repeated around the nation, Duffy said. "Newark has been a prime example of what happens when this old equipment goes down," he said.
NOTICE IS HEREBY GIVEN that pursuant to section 138 (8) of the International Business Companies Act 2000 the dissolution of KURTHWOOD LTD. has been completed and the company has been struck from the Register on the 24th day of March 2025. DELCO INVESTMENTS LIMITED Liquidator
NOTICE IS HEREBY GIVEN as follows:
(a) SOUTH BREEZE INC. voluntary dissolution under theprovisions of Section 138 (4) of the InternationalBusiness Companies Act 2000.
(b) The dissolution of the said Company commenced on the 7th day of May A.D., 2025.
(c) The Liquidator of the said Company is Baird One Limited of Deltec House, Lyford Cay, P.O. Box N-3229,Nassau, Bahamas.
Dated this 9th day of May A.D., 2025. Baird One Limited Liquidator
