Ex-minister fearful on $130m spending cut
A former finance minister yesterday warned that the forecast $130m cut in government spending this fiscal year could undermine Bahamian economic growth and job creation.
Opposition: Govt all ‘head, no heart’
THE opposition yesterday predicted an “even greater revenue shortfall” and missed fiscal deficit targets, arguing that the mid-year budget “did nothing to inspire confidence”.
Bahamas represented at regional IMO meet
A Cabinet minister led the Bahamian delegation to this week’s International Maritime Organisation (IMO) organised meeting of senior Caribbean policymakers and officials.
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WTO analysis eyes ‘policy trade-offs’
The private sector-funded report detailing the impact full World Trade Organisation (WTO) membership will have on the economy is set for an early April completion, it was revealed yesterday.
PM: Bahamas can follow Estonia on e-government
The prime minister believes The Bahamas can follow Estonia’s lead by using technology to transform government services and attract international investment.
Govt targets ‘value’ for its $400m SOEs
The government yesterday unveiled plans to ensure its gets “value for money” from the near-$400m in annual subsidies it pumps into state-owned enterprises (SOEs).
‘Double digit’ growth drives nation’s awards
The Bahamas’ “very impressive double-digit growth” in stopover arrivals was a decisive factor in the country earning the Caribbean Journal’s ‘Tourism Destination of the Year’ designation.
Port to be Bahamas’ ‘Sydney Opera House’
The winning Nassau cruise port bidder yesterday said it aims to increase passenger spending by more than 100 percent and transform the entire city into a “worldwide brand”.
Bahamas regional HQ for cruise port winner
The winning Nassau cruise port bidder yesterday said it plans to make The Bahamas its regional headquarters for the Americas and invest $10m before sealing the deal with the Government.
DPM: ‘Public outrage’ to block fiscal recklessness
The deputy prime minister has voiced optimism that “public outrage” will prevent future governments from abandoning the checks put in place to prevent reckless fiscal policies.
Ex-Mandela aide ‘amazed’ at local WTO opposition
A former adviser to late South African president, Nelson Mandela, yesterday said he was “amazed” by the extent of Bahamian opposition to joining the World Trade Organisation (WTO).
Bahamas ‘won’t concede’ over financial services
The deputy prime minister yesterday pledged that The Bahamas will “not give up any ground” to global regulatory initiatives in its fight to remain a leading international financial centre (IFC)
Bahamian realtor named as auction house adviser
A Bahamian has been named among this year’s ten-strong agent advisory board for an auctioneer specialising in luxury real estate.
Bank’s 2018 dividend pay-outs to hit $35m
Commonwealth Bank will tomorrow pay a two cents per share extraordinary dividend to shareholders of record at February 18, taking 2018’s total investor pay-out to more than $35m.
