AGP Executive Report
Last update: 7 hours agoBusiness Finance: Economist Therese Turner-Jones says banks are holding excess liquidity instead of directing enough credit to Bahamian businesses, leaving start-ups, small firms and local manufacturers struggling to borrow. The concern follows a US$1.1 billion international bond transaction and comes as the Central Bank considers applications for new bank licences. Marine Tourism: Tourism officials used the Fort Lauderdale International Boat Show to court yacht operators and promote The Bahamas, as the sector seeks to recover from higher fees and weaker charter bookings. The 2025 Bahamas Yacht Charter Show saw participation fall 40% and was not held this year. Aviation: Search teams continued looking for Exuma captain Patterson Smith after his plane disappeared south of New Providence. Separately, a Learjet bound for North Eleuthera crashed in Florida, killing all nine aboard; investigators are examining reported icing and turbulence and signs the aircraft broke apart before impact.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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