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BTC’s ‘great pains’ to protect pension fund

The Bahamas Telecommunications Company’s (BTC) chief executive has pledged it “went to great pains” to ensure its latest voluntary retirement offer does not further strain an already-troubled pension fund.

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Bahamas AIDS Foundation establishes safe, supervised study centre for kids

The Bahamas AIDS Foundation has received permission from the Competent Authority to assist a small number of primary school-aged children to access and benefit from the Ministry of Education’s virtual learning platform in a safe and supervised space.

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WORLD VIEW: We’re in a new reality and those who control the purse strings need to realise that - and help

GOVERNMENTS in Central America are calling for “climate justice” after the devastation of their countries by Eta and Iota as both tropical storms and hurricanes.

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Cable to repay $30m-plus debt

Cable Bahamas yesterday confirmed it has moved into the second stage of its balance sheet restructuring by unveiling the early redemption of $30m-plus in preference shares.

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COVID alcohol bar cuts Brewery revenue 48%

Commonwealth Brewery has disclosed that the COVID-19-related bar on alcohol sales slashed its 2020 second quarter revenues by 48 percent year-over-year, dropping it to a $3.16m first half net loss.

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Past govts 'negligent' on $160m BTC pension hole

The Bahamas Telecommunications Company’s (BTC) unions yesterday slammed the “negligence” of previous administrations for creating a near-$160m pension hole that taxpayers must now plug. Ricardo Thompson, pictured , the Bahamas Communications and Pub

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Bowling teams all set for the big lanes

OVER the next few weeks, bowling will be in the spotlight for the Bahamas with the island nation preparing for three teams to compete internationally. The first team, according to federation public relations officer Clayton Gardiner, begins their ‘a

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Civil service pension reform eyed by govt

The government is in the process of hiring consultants to study the feasibility of making civil servants contribute financially to their own retirement via a defined contribution pension plan.

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Caution warning on 'lofty' 1% deficit goal

The government was yesterday urged not to get carried away over its “lofty” ambition to achieve “the lowest deficit ratio” for almost two decades in the upcoming 2019-2020 fiscal year.

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Bahamas radio show takes to the air in Florida

THE Bahamas Ministry of Tourism and Aviation (BMOTA) has partnered with a Florida-based multimedia broadcast company to create, produce and broadcast a customised digital radio show.The 30-minute radio talk show Bahamas Travel will be produced by Alp

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FACE TO FACE: Climbing the corporate ladder then the light bulb went off . . .

Donavon Powell was on a clear path to success in America, making strides in the financial arena after successfully completing college. He had everything going for him and no reason at this point in his career to stop climbing the corporate ladder in the land of opportunity. But instead he chose to follow a calling and try and make a difference in the land of his birth. He came up with an idea that had the potential to make a positive impact in The Bahamas and give him a chance to return home and earn a living.

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SPORTING MISCHIEF & MAYHEM: To all haters, the Cowboys’ loss didn’t stop my show

OKAY, let’s get this one out of the way. Despite my Cowboys losing for only the second time this season, again to the Giants, my trip to New York was far from being in vain!

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NAUGHTY'S NFL PICKS: Working with the ‘short and sweet formula’ in Week 3

HERE we go, week three in the NFL and after a 12-4 week it seems I’m rounding into form.

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PM hails significance of today’s budget debate in Parliament

PRIME Minister Perry Christie said today’s budget debate will be the most “significant and interesting” debate in his term as leader.

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‘Fantasy budget fails to tackle problems’

FREE National Movement (FNM) Deputy Leader and Shadow Minister of Finance Peter Turnquest yesterday called the Prime Minister’s 2016/2017 Budget Communication “a complete fantasy” being used to “secure an Election Day victory”.

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‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

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PM slams predecessor on $99m BTC deficit

Prime Minister Perry Christie has again slammed the former Ingraham administration for failing to provide the $39 million needed to cover the Bahamas Telecommunication Company’s (BTC) original pension fund deficit, arguing that this had caused the shortfall to balloon to $99 million.

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Live a Fulfilling Life: Modern life stress

The term stress was first used in the 1930s and represented biological trauma, which is described as an incident causing physical harm.

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Live a Fulfilling Life: What’s your vision?

Life can be challenging. There are ways to handle situations which make the difficulties seem like less of an issue. How do you manage everyday things that cause drama, sadness, tension and stress?

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Live a Fulfilling Life: Recognising stress overload

Life is full of new experiences and discoveries, deadlines and demands. This way of life can cause feelings of anxiety and stress. Stress isn’t always bad, however.