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Moody’s: Multiple ‘risks’ to Gov’ts fiscal forecast
Moody’s last night warned of multiple “risks” to the Government’s fiscal consolidation projections due to the absence of any tax increases in the just-unveiled Budget, while spending restraint will “weigh on economic growth”
S&P slashes Bahamas ‘23 growth to just 1.1%
Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.
Coalition: 'Cap' Gov'ts spending within 3-5 years
The private sector has called for Budget caps “to be imposed at all levels of government” within the next three-five years, as part of a 13-pronged strategy to rein in public spending and make the Bahamas “one of the most prized nations in the world”.
Bahamians win medals, qualify for the NCAA Nationals
NCAA Track and Field moved into its conference championships across several divisions and Bahamian student athletes produced medal winning performances en route to qualifying for the upcoming NCAA National Championships.
Trump-ing US travel warning on Bahamas
A Cabinet minister yesterday said he has “cautiously” asked the prime minister to raise The Bahamas’ concerns over US travel advisories when he meets Donald Trump this weekend.
Ollen Smith looks to get Bahamian prospects in Canada prep basketball
Ollen Smith plans to use his platform at the coaching level to help facilitate the transition for Bahamian prospects to the constantly developing Canadian prep basketball scene.
200 jobs with new Grand Bahama medical school
A HEADS of Agreement was signed yesterday by the government for a new medical school in Freeport to be built in phases at an overall investment of $64.2 million over a 10-year period.
Ayton and Suns tie series 2-2
Deandre Ayton had his fourth consecutive double double in the 2021 NBA playoffs and his Phoenix Suns evened their best-of-seven round one series against the Los Angeles Lakers.
Venture Fund ‘18 months behind’ due to money wait
The Government-sponsored Entrepreneurial Venture Fund is “about 18 months behind” where it wants to be, its chairman revealed yesterday, because the Christie administration has not provided it with fresh funding for more than a year.
PM: INDECENT NOT TO ACT OVER HAITI – Davis warns there may be no perfect solution for nation facing crisis
PRIME Minister Philip “Brave” Davis said that doing nothing about the crisis in Haiti “violates every notion of decency”.
Benetton to open 3rd store at Old Fort Bay
A leading fashion retailer is expanding its operations to western New Providence with the opening of its third store in the Old Fort Bay Town Centre, a move designed to increase market share and provide more convenience to a considerable section of its customer base.
Independence holiday sees Family Island visitors soar
FAMILY Islands are reporting high volumes of visitors over the Independence Day holiday weekend.
D'Aguilar encourages new creative ideas
TOURISM Minister Dionisio D’Aguilar has challenged Grand Bahama residents to come up creative business ideas to draw tourists, a day after plans for Carnival Cruise Line’s mega-port in East Grand Bahama were formally announced.
Ex-Central Bank economist named financial secretary
Former chief Central Bank of the Bahamas economist, John Rolle, has been appointed as the Ministry of Finance’s financial secretary, Tribune Business can reveal.
BFA celebrates International Women’s Day with launch of new women’s football league logo
THE Bahamas Football Association celebrated International Women’s Day this past weekend with the social media release and launch of the new Bahamas Women’s Football League logo.
Arawak Port: Tough to match 157% profit rise
THE Nassau Container Port’s chief executive yesterday said it “will take something quite significant to repeat” 2017’s 157 per cent profits rise, which received a $1.1 million Baha Mar boost.Michael Maura told Tribune Business that Baha Mar’s remobil
NEMA accused of failing island
CROOKED Island Chief Councillor Timothy Thompson yesterday said the National Emergency Management Agency (NEMA) “dropped the ball,” adding that the island is still awaiting rebuilding supplies like plywood and shingles nearly three weeks after Hurricane Joaquin.
VAT Task Force results ‘speak for themselves’
The Value-Added Tax (VAT) Education Task Force’s remit came to an end on Tuesday after achieving most of its mandate, one member saying: “The results speak for themselves.”
Morton Salt ready for industrial action
MORTON Salt yesterday branded its latest industrial offer to line-staff as “fair” and one that would “preserve jobs”, adding that it was prepared for any work stoppages at its Inagua plant.
