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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
Insurers unhappy at Gov’t ‘neglect’
The Bahamas Insurance Association’s (BIA) chairman says the industry believes the Government has neglected it, as there are numerous long-standing legal and policy issues it is still battling to resolve.
4% growth sees Out Island air visitors recover
4% growth sees Out Island air visitors recover By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net FAMILY Island air arrivals recovered to grow year-over-year by 4 per cent in December 2011, according to a report by the Ministry of
Bahamasair ‘concern’ on US-Cuba opening
BAHAMASAIR was yesterday monitoring the ‘opening of the skies’ between the US and Cuba, its managing director acknowledging: “We are concerned about it.”
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
Business to take roadworks battle to Privy Council
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BUSINESS owners who took the Government to court over Baillou Hill Road and Market Street's transformations into one-way streets say they plan on taking their case to the Privy Coun
Rolle: Bahamian unemployment rate 'not out of the doldrums yet'
Rolle: Bahamian unemployment rate 'not out of the doldrums yet' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian unemployment rate now at 15.9 per cent is a clear indication that the economy has "not turned out of th
Deveaux says family island report findings 'forwarded to police'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MINISTER of the Environment Earl Deveaux said yesterday the findings of a report by two engineering firms which revealed overpayment to contractors hired to develop landfills on sev
Deveaux says family island report findings 'forwarded to police'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MINISTER of the Environment Earl Deveaux said yesterday the findings of a report by two engineering firms which revealed overpayment to contractors hired to develop landfills on sev
Minister 'very concerned' on City Markets
Minister 'very concerned' on City Markets By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LABOUR minister Dion Foulkes yesterday said he was "very concerned" about the job security for City Markets' remaining 400 employees, tell
Gov't 'claws back' on Mayguana incentives
Gov't 'claws back' on Mayguana incentives By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government has not only recovered more than 50 per cent of Mayaguana real estate initially made available to the Boston-based I-Group
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’.
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.
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
LOI made $650m waste plant ‘political football’
The company behind the $650 million waste-to-energy proposal at the centre of last year’s Letter of Intent (LoI) controversy yesterday said it had been treated as “a political football”, which “turned a positive into a negative” and damaged its bid to secure financing.
