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SANDALS SAYS $84-$85M SPENT ON EMERALD BAY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent

SANDALS SAYS $84-$85M SPENT ON EMERALD BAY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent

PORT IPO HOLDING $1,150 MAXIMUM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti

$10m Port IPO hits the road

The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the

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$10m Port IPO hits the road

The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the

PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa

'I've never seen it like this before'

'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

Port IPO over $10m target

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development (APD) initial public offering (IPO) has raised 'north' of the $10 million subscription target, Tribune Business was told yesterday, with interest reachin

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GOVT LIKELY TO SELL 40% PORT EQUITY STAKE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co

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Maritime marriage revenues beating forecasts by 20%

Maritime mariages on Bahamian-registered vessels have generated 20 per cent more revenue than projected for 2014 to-date, the Attorney General telling Tribune Business that this nation has been approached by all the major cruise lines over this venture.

FNM deputy questions Mortgage Relief ‘sense’

The Christie administration’s revised Mortgage Relief Plan does not make much sense “on the face of it”, according to the Opposition’s finance spokesman, who questioned what return the Government would get for its $20 million ‘investment’.

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

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