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GB Shipyard hires young professionals

FREEPORT, Grand Bahama – The Grand Bahama Shipyard has hired three young Bahamian professionals to permanent positions, employing Jeffery DeGregory, Natasha Bethel and Justan Campbell as a junior naval architect and junior planners respectively.

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Moody’s backs trimmed 3% Bahamas growth projection

Moody’s yesterday backed forecasts of lower 3 percent economic growth for The Bahamas in 2023 as it noted the Government’s multi-billion refinancing plan almost totally depends on loans and guarantees from multilateral lenders.

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$2 billion Gov’t spend ‘doesn’t bode well’

The Government will miss its original goal of eliminating the GFS fiscal deficit by the upcoming 2015-2016 Budget year, amid warnings that its near-$2 billion recurrent spending “doesn’t bode well” for hitting its revised targets.

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NHI’s $130m price tag ‘just govt's exposure’

The Minister of Health has confirmed that the much-touted $100m-$130m price tag for National Health Insurance (NHI) only covers “the government’s exposure” to the scheme.

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Ayton and Suns take 3-2 lead

PHOENIX (AP) — Devin Booker scored 28 points, Deandre Ayton added 20 and the Phoenix Suns beat the Dallas Mavericks 110-80 last night to take a 3-2 lead in the Western Conference semifinals.

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Liquidators silent over $5.5m Baha Mar salary source

Baha Mar’s joint provisional liquidators last night confirmed they had secured funding to pay the September salaries for the 2,400 non-Melia staff, while also pledging to meet all employee benefits due since their September 4 appointment.

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Rollins: Prime Minister’s persuasive capabilities have hindered country

PRIME Minister Perry Christie’s persuasive capabilities have ensured him a lengthy political career, but have also hindered the growth and development of the country, according to Ft Charlotte MP Dr Andre Rollins.

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PM: Sears bid is no problem

PRIME Minister Perry Christie said he does not feel threatened by former Attorney General Alfred Sears’ bid to challenge him for the leadership of the Progressive Liberal Party, despite rumblings within the organisation that young supporters and Bahamians want a new direction.

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Cooper elected Chamber chair

THE Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has elected I. Chester Cooper, BAF Financial's president and chief executive, as its new chairman, and also chosen a new Board.

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‘Health experts needed on vaccine taskforce’

THE head of the Consultant Physician Staff Association believes more healthcare professionals should have been appointed to the government’s National COVID-19 Vaccine Consultative Committee.

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'We kept rise secret to avoid disruption'

DEPUTY Prime Minister and Minister of Finance Peter Turnquest said the government withheld its intention to increase value added tax until last week because it did not want to influence the consumer behaviour of Bahamians.People everywhere have lamen

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Commission defends itself on failed broker

The Securities Commission has defended its handling of a collapsed investment adviser by saying it took “appropriate regulatory steps” while arguing that client assets are safe.

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Businesses fighting for survival

As the deadly coronavirus continues to impact nations all over the world, The Tribune spoke to citizens in the capital to find out how they were coping in the midst of the pandemic.

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Cybots rally to even series with Shockers

THE Mail Boat Cybots showed why they are the New Providence Basketball Association men’s defending champions.

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Rejection of NHI model ‘curious’ says secretariat

THE recent rejection of the proposed National Health Insurance model by industry stakeholders is “curious” considering the government had consultations and “fruitful discussions” with them about the scheme, NHI Secretariat Permanent Secretary Peter Deveaux-Isaacs said yesterday.

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'Buddy Buckets' season high 23 in win over the Grizzlies

Buddy Hield followed up Tuesday’s disappointing game with a season high in scoring and minutes played as a part of a new-look, fast-paced Sacramento Kings offence.Hield finished with 23 points on 10-20 shooting from the field, including 3-6 from thre

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Bad loans and credit decline threaten growth

Difficulties in one bank’s commercial loan portfolio seemingly sparked a $38.7 million deterioration in the sector’s ‘bad credit’ position during April, another month in which the Bahamian economy was “relatively subdued”.

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Kadeem, Mark and Travis top performers among Bahamians

KADEEM Coleby, Mark St Fort and Travis Munnings were several of the top performers among Bahamian basketball players active in their respective programmes over the weekend.

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WORLD VIEW: Why 84 countries are borrowing from the IMF

IN the wake of the economic damage done by the effects of the COVID-19 pandemic, countries in every continent of the world have turned to the International Monetary Fund (IMF) for assistance.

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Bank chief slams ‘selfish’ education loan deadbeats

The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.