Economic official proposes US$1 billion job creation fund

RICHARD BYLES
By Admin 05.08.2015

KINGSTON: A top official of government’s Economic Program Oversight Committee (EPOC) has challenged the private sector to work with the administration in setting up a US$1 billion fund to finance projects in high growth sectors such as business process outsourcing (BPO) and agriculture.

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Former attorney general wins defamation suit against Warner

ANAND RAMLOGAN
By Admin 05.08.2015

PORT-OF-SPAIN: Embattled former FIFA vice president and Independent Liberal Party (ILP) leader Jack Warner has been ordered to pay former attorney general in the People’s Partnership government Anand Ramlogan a total of TT$894,000 (US$141,900).

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Government approves minimum wage hike

Minister SHANE GIBSON
By Admin 29.07.2015

NASSAU: Government has increased the minimum wage for Bahamians by 40 per cent and warned that employers who refuse to comply will feel the full extent of the law.

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CDB approves funding for solar energy plant

By Admin 29.07.2015

CORITO BAY: The Caribbean Development Bank (CDB) has approved a US$2.34 million loan to finance the installation of a 1 Megawatt Solar Pholtovoltaic Plant which will enable the Anguilla Electricity Company Limited (ANGLEC) to introduce renewable energy for electricity production.

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