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Advertorial: Aggreko expands presence in the Bahamas establishing a local entity and appoints seasoned businessman Jeffrey Beckles as Local Director

Nassau, Bahamas, October 9, 2023 - Aggreko, a global leader in providing flexible energy solutions, is proud to announce its expansion into the Bahamas, by establishing a new local entity in the region. This significant move underscores Aggreko's commitment to powering progress in the Caribbean and increasing its capability to deliver long-term efficient, reliable, and sustainable (including renewable sources) energy solutions.

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Reforms to boost financial services industry flexibility

Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.

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Supercharge your summer: Tackle inflation with investor loans

As the summer sun blazes, so does the ongoing battle against inflation. Rising prices are causing financial stress for many, but savvy investors are turning to a powerful weapon in their arsenal: investor loans also known as margin loans. This unique financial tool allows you to use your government bonds, shares and other investments as security against a loan. Let’s look at some of the ways you can get ahead by opting for a low interest investor loan.

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'Changing' property market on up to 300% listings jump

A 200-300 percent increase in new listings is driving Bahamian real estate's "transition" away from a sellers' market by outstripping buyer demand, a prominent realtor is asserting.

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We need you, Fred Mitchell

If we have to march on Bay, we will do just that. We want you. You have a proven record to show the youth, under privileged, the elderly, etc. We want you, Mr Fred Mitchell, no ands, ifs or buts. Best of luck at the polls. You are the best man for the job.

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Striking a balance: Understanding hamstring injuries in track and field

LAST week we had an introduction to the role and function of the sports medicine physician. This week let’s dive right into the deep end and take a swing at the most common injury in all running sports - hamstring injuries.

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Two arrested after suspected marijuana discovered

GRAND Bahama law enforcement officials arrested two men in Grand Bahama after the discovery of suspected marijuana.

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Deidre Bastian: Make staff happier for 2024 business boost

One year has ended and another is here. This opens up many opportunities to evolve and grow your business. Whatever type of company you are managing, you are probably busy thinking about some exciting objectives. But, while you are thinking about statistics and expected outcomes, do not forget about the most essential goal of any flourishing business: Your employees and their satisfaction. Are they happy?

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Hitting Gov’t deficit target ‘increasingly complicated’

The Government will find it “increasingly complicated” to hit this year’s 75 percent deficit-slash target, a major global bank has warned, while predicting this will “shift the debate back to tax reform”.

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Business Licence audit can’t be ‘too draconian’

A Bahamian accountant yesterday warned against the enhanced Business Licence verification process becoming “too draconian” and urged that some flexibility be provided on a “case by case” basis.

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DR KENT BAZARD – Warming up: More than just breaking a sweat

AS we step onto the field, court or track, the prelude to performance often takes a backseat to the main act.

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‘Happy medium’ within sight on Business Licence anxiety

The Ministry of Finance’s top official last night voiced optimism that “a happy medium” is close over new Business Licence verification rules that were causing growing private sector anxiety.

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Bahamians were more interested in ‘socialising’ than digital training

Bahamians were initially more interested in socialising than learning new technology-related skills deemed vital to prospering in the 21st century’s digital-driven economy, a report has revealed.

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Breezes resort ‘the top pick’ resort for athletes around world

AS international sporting events are ongoing here in New Providence, SuperClubs Breezes Resort & Spa continues to be the top pick resort for athletes around the world.

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Parker re-elected president of Bar Association over Farquharson-Seymour

KHALIL Parker was re-elected president of the Bar Council on Friday.

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Baha Mar Hoops: Hurricanes clinch men’s title

THE University of Miami Hurricanes made their short trip to the Bahamas a memorable one at the Baha Mar Hoops Bahamas Championships yesterday in the Baha Mar ballroom.

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Credit union provides $25m 'blue collar' mortgage funds

A credit union yesterday agreed to supply a $25m financing package that will cover around 100 mortgages for purchasers of affordable government homes.

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Foreign buyer VAT rise gains ‘90-day transition’

A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.

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Business Licence full audit ‘screams you don’t trust us’

The Government’s enhanced Business Licence verification regime “screams that you don’t trust us” to pay all due fees, the Bahamas Motor Dealers Association’s (BMDA) president argued yesterday.

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Central Bank reviews $250m investment currency reforms

The Central Bank’s governor yesterday foreshadowed reforms to protect Bahamian retail investors from potential “headwinds” in an overseas investments market that is this year on track to exceed 2022’s $250m outflow.

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