AGP Executive Report
Last update: an hour agoGlobal Trade: The Bahamas secured another three-year term on the International Organization for Standardization Council, giving the country a voice in standards that shape trade and competitiveness. Business: Doctors Hospital reported an $11.5 million profit for the year ended January 2026, reversing a loss a year earlier; results included a $7.4 million gain tied to a government finance lease. The hospital also plans to secure more corporate clients through multi-year contracts as membership-plan revenues rise. Telecommunications: Former Aliv executive Gravette Brown has been appointed BTC’s CEO, succeeding Sameer Bhatti. Climate Finance: Economist Therese Turner-Jones urged the government to consider an IMF facility offering concessional financing for climate resilience, as the country faces about $12 billion in national debt. Food Security: Golden Yolk has produced 200,000 eggs, with 10,000 laying hens in production and 8,000 pullets being raised as the government seeks to cut imports and expand local farming. Tourism: Turner-Jones warned that The Bahamas cannot track its competitiveness against rival destinations while it remains absent from the World Economic Forum’s tourism ranking; too few local businesses completed the survey. Jobs: First-quarter data showed underemployment rose 11% to 29,085 people, even as unemployment declined. Connectivity: Emergency repairs are underway at North Eleuthera’s runway after Western Air suspended flights, with the work expected to take about 12 days.
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