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BTC 'exacerbates' $265m FDI decline
A $265 million decline in year-over-year net foreign investment (FDI) into the Bahamas is not as bad as it seems, the Central Bank’s governor yesterday saying that stripping out the BTC privatisation proceeds produced a more “modest” 7.6 per cent fall.
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Callenders attorneys attend China summit
Two Callenders & Co partners will head to Shanghai next month for a major international. financial conference on wealth and asset management, which is expected to attract some 500 advisors and professionals serving China’s fast-growing high net worth individual population.
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Insurer suffers $220m in Hurricane Dorian claims
JS Johnson’s underwriting affiliate suffered just a $105,787 net loss for 2020 despite incurring more than $220m in insurance claims, it was revealed yesterday.The BISX-listed broker and agent, unveiling its results for the full-year and fourth quart
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Renewable provider proposes solar for 25% BEC needs
A BAHAMIAN renewable provider has presented the Government with an “energy mix” proposal to allow for 25 per cent of the Bahamas Electricity Corporation’s (BEC) daytime generating capacity to be derived from solar power.
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Hitting near 3% growth to make ‘incredible difference’
Economic growth in the “upper 2 percent” range and above will make “an incredible difference” to The Bahamas’ economic prospects if achieved consistently, the Central Bank governor asserted yesterday.
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SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'
By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for
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SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'
By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for
Story
SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'
By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for
Story
SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'
By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for
Story
SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'
By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for
Story
‘Non-controllable’ cost surge blocks bank matching 2022
Commonwealth Bank believes it would have come close to matching 2022’s “extraordinary” nine-month profitability had it not been for $3m in new Business Licence fees and utility costs “more than doubling”.
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Govt earns '$50m net' from Lucayan disposal
The Hotel Corporation’s chairman yesterday blasted that critics of the government’s Grand Lucayan deal have been “left with egg on their face” as it prepares to receive a net $50m from the sale.Michael Scott, who also headed the resort’s board, told
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FINCO net income triples despite $100m bad loans
Despite an almost $100 million-strong non-performing mortgage portfolio, Finance Corporation of the Bahamas’ (FINCO) 2013 first half net income more than tripled on the back of reduced operating costs and loan loss provisions.
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CIBC: $174m net loss 'final rebound phase'
CIBC FirstCaribbean’s capital market-record $174 million net loss is unlikely to be repeated and represents the final stage in a “three-phase approach to revive our business”, its Bahamian managing director told Tribune Business.
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Cocaine seized near Long Island
A JOINT operation with local police, OPBAT, the US Drug Enforcement Administration and US Coast Guard netted a large quantity of cocaine in the Long Island area yesterday.
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Woman arrested as $6,000 of marijuana is seized
POLICE arrested a woman from Eleuthera on Sunday after a joint operation netted the seizure of five pounds of marijuana and $6,000.
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Cowboys live NFL Football tournament streaming TV link directly on your desktop, laptop or net-pad. Don’t worry just click belows link we are here for help you.
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Gov’t eyes $350m net via ‘outperforming’ VAT
Value-Added Tax (VAT) continues to outperform expectations, with the Government still on target to enjoy a net $300-$350 million revenue increase for the 2015-2016 fiscal year.
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Insurer sees 38% fall from Summit
Summit Insurance blamed reduced real estate valuations for a 38.2 per cent year-over-year profits slump, as it focuses on “defending our book” in a year that will have “negative growth”.
