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BOB to graduates: 'Start saving today'
BOB to graduates: 'Start saving today'
High school graduates obtained valuable advice on how to manage their present and future finances. That bit of advice came from Kevin Hanna, manager of the Treasury Department at Bank of The Bahamas Limited during a recent seminar.
Speaking on the topic "Savings - an absolute priority!" Hanna told those attending Executive Employment & Marketing Agency's "Successful Tips for First Time Employment"...
Unemployment down to 14.3
Unemployment down to 14.3
Unemployment in The Bahamas dropped from 15.4 percent in November 2013 to 14.3 percent in May 2014, according to the results of the latest Labour Force Survey released yesterday.
The survey conducted in May references the period April 28 to May 4, 2014.
The labor force in May totaled 197,335 people.
Both New Providence and Grand Bahama experienced a decline in unemployment.
In the case of New Prov...
When the shoe is on the other foot
When the shoe is on the other foot
Prime Minister Perry Christie's reaction to a U.S. State Department report highlighting his adminstration's failure to fulfill many of its "ambitious campaign promises of economic and fiscal reform" has an interesting parallel to the reaction of former Prime Minister Hubert Ingraham after the international credit ratings agency, Standard & Poor's (S&P), was critical of the FNM adminstration in 200...
Hundreds complete NTA program
Hundreds complete NTA program
More than 40 of the National Training Agency's hundreds of graduates have already found full-time employment, NTA Director Agatha Marcelle said yesterday.
During a graduation ceremony at Holy Trinity Activities Centre, Marcelle said more than 300 graduates from the program's first group of more than 400 people passed the London-based City and Guilds exam.
Dominique Hanchell, 26, who received a cer...
SP affirms rating, notes 'generally prudent policies'
Credit rating agency Standard & Poor's yesterday affirmed The Bahamas' sovereign credit rating while continuing to ascribe a "negative" long-term outlook due to the "challenges of turning around the fiscal accounts".
The Bahamas' sovereign credit rating was affirmed as triple-B/A-2, a rating which S&P said reflects the "generally prudent policies" being implemented by the government - likely to b...
Nat'l Training Agency launched
Nat'l Training Agency launched
Just under 1,000 Bahamians will be entered into the national training project pilot program come August, Minister of Labour and National Insurance Shane Gibson said last night at the official launch of the National Training Agency (NTA).
The launch was coupled with the opening of a state-of-the-art complex at Munnings and Gladstone Roads that will facilitate the training of thousands of Bahamia...
NAD Secures Final 90M 'Tranche' Of Financing
NAD Secures Final 90M 'Tranche' Of Financing
Airport executives have received the final "tranche" of financing for Nassau's airport redevelopment, allowing construction to begin on the final phase.
Moody's: Deficit Expected To 'Accelerate'
Moody's: Deficit Expected To 'Accelerate'
A top rating agency says it remains "unclear" whether the country's economic recovery can be sustained due to its dependence on the U.S. economy.
Changing The Guard At Atlantis
Changing The Guard At Atlantis
Legend has it that the city-state of Atlantis, after a failed attack on Athens, slipped beneath the sea never to rise again.
Christie blasts govt on crime, economy
Christie blasts govt on crime, economy
Leader of the Opposition Perry Christie attacked the government on the issue of crime in the House of Assembly yesterday, saying the Ingraham administration has "allowed the conditions that serve as incubators of crime to fester" during its time in office.
Christie suggested the high unemployment rate, the abandonment of the Urban Renewal Program in the form it existed under the Progressive Libera...