ART OF GRAPHIX: Don’t revert to type for the best designs
As graphic or web designers, we often focus on the practical aspects of design above all else. We focus on what works, with little regard for why it works. And, in our day-to-day work, that outlook serves us well. It lets us get our work done in an efficient, professional manner, and generally nets good results.
Commonwealth in 7.6% profit growth
Commonwealth Bank yesterday attributed its 7.6 per cent profit increase for the 2016 third quarter to a combination of improved interest margins, expense controls and relatively low non-performing loan ratio.
Bahamas receives ‘junk’ Xmas present from S&P
Standard & Poor’s (S&P) yesterday gave the Bahamas a ‘junk’ creditworthiness downgrade for Christmas, raising alarm that this nation’s economic and fiscal woes are taking it “over the precipice”.
Loretta: S&P move shows Govt breach of ‘fiduciary duty’
The Bahamas’ downgrade to ‘junk’ status “seriously calls into question” whether the Government has breached its fiduciary duty to the public, the Opposition’s House of Assembly leader charged yesterday.
Govt slams S&P for ignoring $1bn Baha Mar impact
The Government last night slammed Standard & Poor’s (S&P) decision to cut the Bahamas’ creditworthiness to ‘junk’ status, arguing that it had failed to “fully consider” growth-enhancing initiatives such as $1 billion in upcoming capital investments at Baha Mar.
Business confidence ‘appalling’, says ex-Tax Coalition chief
The Coalition for Responsible Taxation’s (CRT) first chairman yesterday said the Bahamas’ downgrade to ‘junk’ status was likely to suck funding away from essential public services, and described business confidence as “appalling”.
Chamber chief urges: ‘Stop finger pointing’
The Chamber’s chief executive yesterday urged Bahamians to “stop finger pointing” and instead develop “workable solutions” to this nation’s economic and fiscal woes, in the wake of Standard & Poor’s (S&P) ‘junk’ downgrade.
Union focused on law changes, not Labour Minister
A top hotel union executive said it did not want to get into a “back and forth” with the Minister of Labour over his claims that it bore responsibility for the One & Ocean Club lay-offs, stressing that it was instead focused on pushing for Industrial Relations Act amendments.
Govt told: Prioritise energy efficiency in all public properties
A former Cabinet Minister yesterday said that while he backs the move to take government buildings off the energy grid, making these properties more energy efficient should be “priority number one”.
Chinese fraud suit alleges Bahamas bank ‘conflicted’
A Bahamian bank has now become embroiled as a “third-party defendant” in a lawsuit that alleges it may have had a ‘conflict of interest’ in its dealings over a purported Chinese real estate investment fraud.
Fiscal woe ‘daunting task’ for next Govt
The Democratic National Alliance’s (DNA) leader yesterday warned that the next government faces “a daunting task” to arrest the Bahamas’ fiscal decline, suggesting it start with reforming the Finance Ministry and associated agencies.
Sir Franklyn ‘shock’ at gas pump rip-off claim
Sir Franklyn Wilson yesterday said he was “shocked” and “amazed” by assertions from a Government regulator that consumers are being short-changed at 50 per cent of the Bahamas’ gasoline pumps.
Bran: Baha Mar deal to stay secret if PLP re-elected
The Government’s agreement with the China Export-Import Bank for Baha Mar’s construction completion is likely to remain ‘sealed’ by the Supreme Court if the Christie administration retains power, the DNA’s leader said yesterday.
GB Power: Hurricane recovery plan ‘won’t ‘compromise’ utility
Grand Bahama Power Company (GBPC) last night said it was confident it can recover its $27.5 million storm restoration costs “without compromising” any aspect of its business, provided there is not another Matthew-type hit before 2022.
Atlantis is targeting ‘Legend-ary’ Xmas
Atlantis is eyeing 100 per cent occupancy levels over the Christmas and New Year’s holiday period, one resort executive yesterday saying the scheduled concert by award-winning singer/songwriter John Legend was “drawing good demand”.
