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Deputy Prime Minister Peter Turnquest pictured during the Budget debate. Photo: Terrel W. Carey/Tribune Staff

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'Punching bag': Bahamas hit by new financial blow

The Bahamas was yesterday branded “a punching bag” after its financial services industry was dealt a fresh blow by global anti-money laundering overseers.KP Turnquest, the Deputy Prime Minister, told Tribune Business that “institutional strengthen

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Turnquest: My company won't benefit from budget

DEPUTY Prime Minister Peter Turnquest said it is “ridiculous” to believe removing customs duty on aeroplanes and helicopters will prompt him to now buy aircraft for his business.The government is removing customs duty on aeroplanes and helicopters in

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Catastrophic Insurance to cost $3.4m

THE government’s policy from the Caribbean Catastrophic Risk Insurance Facility will this year cost taxpayers $3.4m.Finance Minister Peter Turnquest made the announcement yesterday as he told MPs the government also plans to establish a disaster reli

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