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Two accused of sex attacks on girls
TWO men were yesterday arraigned on separate charges of unlawful sexual intercourse with young girls, one being charged with the offences against two dependents.Ramal Colebrooke, 32, of Great Habour Cay, Berry Islands, stood before Chief Magistrate J
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Gaming group announces scholarship recipients
THE Bahamas Gaming Operators Association has announced its Adopt-A-School Programme’s 2018 scholarship recipients.“Today, these amazing students, will continue to obtain power through knowledge, become even more liberated in their thinking and help t
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National debt now over $8bn
The Bahamas’ national debt broke through the $8bn mark during the quarter to end-September 2018 despite a reduction in its growth rate due to narrowing government deficits.
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Regulator unveils its examination priorities
The Securities Commission yesterday announced that its 2019 licensee examination priorities are anti-money laundering compliance and the appropriate risk-rating of clients.
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Bahamas First: No ‘abrupt change’ as profits drop 41%
Bahamas First’s top executive yesterday said there was “no reason to change” investment strategy after profits fell 41 percent in 2018 due to a negative $6.7m swing in portfolio values.
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Governor: Target ‘minimum’ 2% for GDP growth
The Central Bank’s governor yesterday said The Bahamas needs to target a “minimum” of two percent annual GDP growth as he called for “stronger inroads” into double-digit unemployment.
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DPM fears ‘more fiscal pressure’ in web shop battle
THE web shop industry’s legal challenges to the Budget tax increases will “put more pressure” on the Government’s 2018-2019 fiscal forecasts and could force some “cut backs,” the Deputy Prime Minister has admitted.
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Exam passes down again
STUDENTS who took the Bahamas General Certificate of Secondary Education (BGCSE) examinations performed marginally worse this year in comparison with those who took the national tests in 2017.
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Tourism 'cannot maintain' double digit growth pace
The Minister of Tourism is targeting “high single digit” growth in stopover visitors for 2019, arguing that the ten to 15 percent full-year increase he forecast for 2018 “can’t be maintained”.Dionisio D’Aguilar told Tribune Business yesterday that th
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Privatisation target in just 2% annual growth
The government’s latest privatisation target is forecasting annual revenue growth of just two percent over the next decade, with the selection of a preferred bidder targeted for end-July 2019.
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DPM: Full VAT impact may not be till new year
The Government “may be a little behind” its 2018-2019 fiscal projections, it was revealed yesterday, with the full VAT rate hike impact not felt until the New Year.KP Turnquest, pictured, deputy prime minister, told Tribune Business that the Ministry
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Sir Franklyn: ‘High chance’ of new Atlantis ownership
Sir Franklyn Wilson says there is “a high possibility” that Atlantis may undergo a change in ownership in 2019, describing this as a “significant” investment boost for The Bahamas.
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GB revival to ‘relieve major job pressure’
Reviving Grand Bahama’s economy will “relieve tremendous pressure” on the rest of The Bahamas, the deputy prime minister said yesterday, following the unemployment rate’s rise to 10.7 percent.
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The world is changing and we must react
The boom and bust cycle of the global economy is well established. WTO says global trade has under performers with growth of 3% and is expected to decline in 2019 to 2.6 %. The IMF forecast a global slowdown for 2019. The United States (US) is the world’s largest economy in nominal GDP so I will focus mainly on the US in my analysis.
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Government announces plans to borrow $87m
THE Minnis administration yesterday moved two resolutions to borrow a combined total of nearly $87m to defray expenditure and to fund the implementation of a street lighting-retrofitting project.
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DPM: Bahamas to 'fare well' in financial crime assessment
THE Government is confident The Bahamas will “fare well” in the latest assessment of its anti-financial crime defences following corrective action by the Minnis administration.K Peter Turnquest, pictured, the deputy prime minister, yesterday said the
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Torture trio told - you’re out of time
THREE people who say police tortured them for confessions before releasing them without charge were told this week the time has expired for their matter to be addressed by the Royal Bahamas Police Force, despite the timely complaints they made.
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Govt 'has strategy' to oppose EU 'high risk' decision
ATTORNEY General Carl Bethel said the government has a strategy to oppose the European Union’s decision to classify the Bahamas as a "high risk" jurisdiction for financial crime.
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Murder toll lowest in nine years
THE country closed out 2018 with 91 reported murders, the fewest in nine years, according to The Tribune’s records.
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Bahamas First Junior Golf Open this weekend
BAHAMAS First General Insurance Company recently announced its sponsorship of the 2018 Bahamas First Junior Golf Open in partnership with the Fourteen Clubs Golf Academy. This junior golf tournament is all set to take place on Sunday, July 29, 2018 a
