18 July 2016
After analyzing a recent report issued by the Central Bank of The Bahamas, Free National Movement Leader Dr. Hubert Minnis deduced that the government is at fault for a failing economy. Again, jabbing at the beleaguered state of Baha Mar, Dr. Minnis noted that according to the bank, many economic failures including a real GDP […]
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18 July 2016
Minister of State for Finance Michael Halkitis revealed yesterday that the government had successful meetings with Wall Street rating company Moody’s last week after the company recently announced that The Bahamas was being placed “on review” for a potential downgrade due to the government’s failing fiscal position and the country’s unexpected economic reduction. “The prime […]
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18 July 2016
After a protest in Cable Beach last week that saw several Bahamas Maintenance and Allied Workers Union (BHMAWU) members arrested, Director of Labour Robert Farquharson has clarified comments made by Trade Union Congress (TUC) President Obie Ferguson who claimed that the labour director said that it wasn’t in his power to make Sandals CEO Butch […]
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14 July 2016
In the wake of a travel advisory issued by the U.S. Embassy cautioning citizens to be wary when visiting The Bahamas, Minister of Tourism Obie Wilchcombe said that he doesn’t feel that the perception of The Bahamas being a dangerous country is fair. He added that the impact of advisories especially concerning tourism-based countries tend […]
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14 July 2016
The National Insurance Board (NIB) and the Union of Public Officers signed an industrial agreement to have enshrined therein vacation and pension plan among other long-term benefits for more than 400 line staff. The contract was signed at the National Insurance Board’s conference room on Blue Hill Road. “We are pleased to be gathered here […]
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14 July 2016
Opposition Leader Dr. Hubert Minnis said the government is ignoring all warning signs from foreign governments about the country’s crime problems. His comments come after the US government issued a stern warning to its citizens about the many crime issues The Bahamas – in particular – New Providence has. “Before it was the Canadian Government, […]
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14 July 2016
Sarkis Izmirlian’s Granite Ventures Ltd is filing an appeal to continue its claim for Baha Mar against China State Construction Engineering Corporation (CSCEC). “Granite Ventures Ltd (“Granite”) today reported it has appealed the Bahamian Supreme Court’s denial of Granite’s motion to have pursued the claims filed by Baha Mar Ltd against China State Construction Engineering […]
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14 July 2016
Trade Union Congress President Obie Ferguson said he is quite displeased that several of his members – including Sandals workers – were arrested and subsequently charged for their involvement in Tuesday’s protest in their push for better wages and treatment from the all inclusive resort. The men used their dump trucks to block a section […]
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14 July 2016
The construction industry contributes some 10 per cent to our gross domestic product and ensuring we get it right is vital to our economy, this according to Deputy Prime Minister Phillip Davis. Davis announced the implementation of a Construction Contractors Bill yesterday in the House of Assembly that sets out to establish a board that […]
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14 July 2016
Bahamas Power and Light (BPL) CEO, Pamela Hill tackled the issue of the recent frequent power outages around the country yesterday in a press conference at the company’s Baillou Hill Road headquarters. As this summer continues to report temperatures in the triple digits, reaching as far as 107 degree Fahrenheit, the constant power cuts so […]
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