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$1.3bn borrowing is 'extraordinary'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's "extraordinary borrowing" of $1.3 billion in the last four-and-a-half years was essential to mitigating the recession's impact on the Bahamian economy, the minister

SANDALS EXPECTING 10% INCREASE IN BOOKINGS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Royal Bahamian is looking at a 10 per cent increase in bookings, says general manager Patrick Drake. After investing almost $21 million into the restoration of the Manor bui

SANDALS EXPECTING 10% INCREASE IN BOOKINGS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Royal Bahamian is looking at a 10 per cent increase in bookings, says general manager Patrick Drake. After investing almost $21 million into the restoration of the Manor bui

AUTHOR TARGETS $500M MARICULTURE INDUSTRY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian economy sector could receive a $500 billion annual injection should the country move towards establishing a mariculture industry, an accountant and author telling Trib

AUTHOR TARGETS $500M MARICULTURE INDUSTRY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian economy sector could receive a $500 billion annual injection should the country move towards establishing a mariculture industry, an accountant and author telling Trib

Activist slams Shell LNG deal as ‘regressive step’

A WELL-known environmentalist yesterday said the adoption of liquefied natural gas (LNG) as the Bahamas’ main power source is a “huge regressive step”, questioning why the Government was not aggressively pursuing solar energy.

Correspondent de-risk threatening 25% of Bahamas institutions

The Central Bank’s chief inspector warned yesterday that 25 per cent of its licensees will find it “difficult” to maintain existing correspondent banking relationships, even though the Bahamas has not been exposed to “wholesale vulnerability” yet.

STRAW VENDORS SEE '200% SALES RISE' ON WHARF

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors said yesterday that their greater visibility along Prince George Wharf has increased sales volumes, with one vendor telling Tribune Business business was "200 per cent

BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'

THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it

BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'

THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it