10 October 2017
The principals in the leading law firms in the Bahamas and Managers of Banks and Trust Companies in the financial services sector are increasingly worried about an ongoing meltdown of that sector. A prominent offshore banking executive who spoke with The Bahama Journal on the condition of anonymity, said the decline in the sector is […]
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10 October 2017
Former Attorney General, Allyson Maynard-Gibson says there are tremendous opportunities in the financial services industry. She says, “whenever there is a crisis and we are in a state of crisis at the moment, but not just we, the world is in a state of crisis, a tremendous change and with that comes tremendous opportunities .” […]
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10 October 2017
Progressive Liberal Party leader Philip ‘Brave’ Davis officially announced his candidacy for the party’s leadership during a prayer breakfast on Saturday morning at the Baha Mar resort. Mr. Davis currently serves as the party’s interim leader following the resignation of former prime minister Perry Christie after the PLP’s overwhelming defeat in the May 10th general […]
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10 October 2017
A 74-year veteran of the Bahamas Boys’ Brigade, Captain Fernely is this year’s Ministry of Youth Sports and Culture National Youth Month honoree, and will have bestowed him the Lifetime Achievement Recognition for his outstanding service. With October being recognized as Youth Month, under the theme VOICE (Vehicles Of Initiative, Change and Excellence), the […]
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10 October 2017
The government has given The Bahamas Development Bank (BDB) three years to get its financial housing in order. Within that time frame Minister of Finance Peter Turnquest said the government intends to pull the plug on the $3million dollars it gives in support to the BDB’s bond interests. “We want to make sure […]
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10 October 2017
Opposition Shadow Minister of Finance, I.Chester Cooper says the Minister of Finance, Peter Turnquest has “raised numerous red flags with his statements” on the budget deficit. The MP for Exuma and Ragged Island in a scathing attack on Mr. Turnquest said, “having taken two months to respond to Her Majesty’s Loyal Opposition’s queries on […]
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06 October 2017
The Clifton Review The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires, the links to unsavory characters, the use of the courts for personal agendas, the involvement of a political party, and the attacks on the Government of […]
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06 October 2017
As the southern islands of the Bahamas struggle to gain it’s footing in the wake of hurricane Irma, one organization said they are here to help. Commonwealth Bank gave a $25,000 donation to the Bahamas Red Cross yesterday to assist them in their aid to the southern islands. Vice President of Internal Audit and Credit […]
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06 October 2017
Tourism Minister Dionisio D’Aguilar said Bahamasair is projected to lose over $22 million this year. In his address to the House of Assembly on Wednesday, Mr. D’Aguilar said this loss is due to a $1.9 million increase in training cost for pilots to learn how to fly the five new ATRS which cost $120 million […]
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06 October 2017
An increase of Bahamian nurses heading north (North America) for jobs continues to pose serious issues for the country’s healthcare system and it is only one piece of the issue, according to Health Minister Dr. Duane Sands. Accepting the reality of this, Dr. Sands on Wednesday told Parliament that the number of registered nurses […]
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