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DPM: Bahamas must ‘prove’ itself to S&P

* ‘Not at all’ upset nation still ‘junk’ * Blames former Govt’s failure to deliver * Nation has 12-24 months to execute

The Government must “prove” it can deliver on its fiscal and economic turnaround strategy, the Deputy Prime Minister admitted yesterday, after Standard & Poor’s (S&P) kept the Bahamas at ‘junk’ status. K P Turnquest told Tribune Business he was “not at all” disappointed at the outcome of S&P’s annual review of the Bahamas’ sovereign creditworthiness, despite having previously expressed optimism that the Government could make the case to be upgraded to ‘investment grade’ status.

Airport increases US bridge capacity 50%

Lynden Pindling International Airport (LPIA) is predicting that passenger numbers will grow by 2.4 per cent for the year to end-June 2016, as it moves to increase bridge capacity for US carriers by 50 per cent.

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

BAHAMAS 'WELL BUFFERED' OVER CARRIER FALLOUT

By NEIL HARTNELL Tribune Business Editor The Bahamas is "well buffered" against any potential fallout from moves by American Eagle's parent to slash its workforce by up to 13,000, Tribune Business was told yesterday, the airline being among four-five car

Mortgage Corp's woes 'not good' for 70% of contractors'

Mortgage Corp's woes 'not good' for 70% of contractors' By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) 'going concern' woes are "not good news" for 70 per cent of Bahamian contractors who rely almost solely on the resi

What employers look for in their workers

What employers look for in their workers By Ian Ferguson In a few months our seniors will be leaving high school, with many of them seeking employment in our already-saturated job market. The question is: "Will many of them be equipped with the competen

JUST 17% OF POOR GETTING BENEFITS

By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those

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RoyalFidelity funds enjoy $10m injection

RoyalFidelity Merchant Bank & Trust yesterday said investors had injected a collective $10 million into its three-strong domestic mutual fund family for the year to end-May 2014, aided by the low interest rate “perfect storm”.