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$377m investment for BPL’s LNG conversion

A total $377.4 million investment is required to convert Bahamas Power & Light’s (BPL) generation plants to liquefied natural gas (LNG), an IMF ‘working paper’ revealed yesterday.

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What are you aiming for?

You, too, must agree that hitting a target is more likely if you are aiming to hit that target. In other words, you can better get what you want out of life by identifying what you want and setting an achievement plan in motion. This is where it bec

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Local teacher brings unique STEM tournament to the Bahamas

FOR LAURENA Finlayson, working with children is a very special and fulfilling experience.In fact, she is so passionate about kids that she pursued graduate studies in education, with a focus on elementary education, and can now boast a 15-year career

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LJ Rose takes part in a workout with the LA Lakers

FOLLOWING an injury-shortened final collegiate season, LJ Rose has shifted his sights to the professional ranks and had an opportunity to attend a pre-draft workout for one of the NBA’s most storied franchises.Rose participated in a workout for the L

PI project's $40m 'Cinderella story'

The developer of Paradise Island’s One Ocean condominium project believes it has achieved “the closest thing to a Cinderella story”, having generated $40 million in sales in under a year.The 10-storey property at the eastern end of Paradise Island ha

Ex-Robin Hood owner is ‘done’

THE owner of the former Robin Hood retail chain says he is “done” and preparing to leave the Bahamas, after his latest format held a ‘liquidation sale’ at the weekend.

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Emails show Fyre Festival organisers knew of challenges

EMAILS leaked to US media purport to show that Fyre Festival organisers were aware of critical logistical challenges more than three weeks from the event’s chaotic cancellation. Meanwhile, Bahamian vendors and workers remain in the dark over what ac

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'Sweet Bells' Thompson: NBA talent level 'way better now'

THE dominance of the Golden State Warriors this season has sparked debate among current and former NBA players and Bahamian basketball icon Mychal “Sweet Bells” Thompson recently weighed in on the discussion.Thompson appeared as a guest on the “The D

Glenroy Rolle to join Roadrunners' basketball programme

ANOTHER Bahamian basketball standout will have the opportunity to use the sport as a vehicle to further his academic and athletic career.Glenroy Rolle is expected to join the State Fair Community College Roadrunners’ men’s basketball programme this f

Bahamasair could 'blow $35m hold' in Budget

Bahamasair’s new fleet could “blow another hole” in the 2017-2018 Budget unless the Government can delay a $35 million principal repayment on the loan that financed their acquisition.K P Turnquest, the minister of finance, revealed that Bahamasair’s

Bahamas 'reputation' in danger without $400 million borrowing

The Bahamas’ “financial reputation” will be in peril without “emergency borrowing” of $400 million, with the ‘junk’ downgrade having exposed the Government to a $70 million cash demand.K P Turnquest, minister of finance, told Tribune Business that St

Bahamas well representedat key cruise industry show

The Bahamas was well represented at the Cruise Lines International Association’s (CLIA) Cruise360 Conference and Trade Show, which recently took place at the Greater Fort Lauderdale Convention Centre in Florida.The Bahamas used the show to forge link

Bahamas ‘Jamaica bound’ on present fiscal course

The Bahamas will be “Jamaica bound” unless it immediately implements measures to tackle its growing debt and deficits, a well-known fiscal hawk warned yesterday.

Moody’s gives alarm on ‘much weaker’ Bahamas

Moody’s yesterday expressed alarm at the “significantly worse” fiscal deterioration unveiled by the Government’s 2017-2018 Budget, although its lead analyst indicated no ‘junk’ downgrade for the Bahamas is imminent.

Bahamas facing multi-billion debt rise every five years

SUCCESSIVE governments will continue adding $1 billion-plus to the national debt every five years without structural reforms and greater GDP growth, an ex-finance minister saying: “I saw this coming 13 years ago.”

Debt gobbles up 27% of Budget

MORE than 27 per cent of the Government’s total recurrent spending in the 2017-2018 Budget is going towards repaying principal or interest on the Bahamas’ $7 billion-plus debt mountain.

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Bahamas alarm at US withdrawal from Paris climate change deal

THE Ministry of Foreign Affairs has expressed The Bahamas’ concern regarding the announced withdrawal of the United States from the Paris Agreement on climate change.

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Jonquel just one point shy of third straight double double

SHE finished just one point shy of a third consecutive double-double but Jonquel Jones continues to be a force on the boards for the Connecticut Sun.Jones finished with 14 rebounds and nine points in the Sun’s 85-77 win over the San Antonio Stars at

Labour leader Alexander Thompson dies

ALEXANDER Thompson, a prominent figure in the Bahamian labour movement, died yesterday morning. He was 80.

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On deck and close to the action at the Battle of Jutland

101 years ago this weekend, Lt Robert Tatton Bower, of the Royal Navy, wrote a letter to his father, giving a first hand account of the largest World War 1 naval battle from aboard HMS Inconstant. Lt Bower’s descendants have Bahamian connections: his son Paul, came to the islands and was Publisher of The Nassau Guardian while his grandsons, Nigel and Bobby, are known business figures in Nassau.