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NIB 1% RATE IS RISE PROPOSED

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A recommendation to increase the National Insurance Board (NIB) contribution rate by one percentage point to 10.8 per cent has been lodged

NIB 1% rate is rise proposed

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A recommendation to increase the National Insurance Board (NIB) contribution rate by one percentage point to 10.8 per cent has been lodged

Mortgage Corp still stuck at 40% arrears

The Bahamas Mortgage Corporation’s (BMC) arrears ratio continues to hover around 40 per cent, its chairman said yesterday, despite it adding $49.7 million in new mortgages to its portfolio over the past four years.

Revisions to $1.8 billion I-group project a 'win-win'

Revisions to $1.8 billion I-group project a 'win-win' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net REVISIONS to the $1.8 billion Mayaguana-based I-Group project provide a "win-win" for all Minister of Tourism and Aviation Vi

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’.

Long Island is ‘like nation’s step child’

Long Island feels “like the step child of the Bahamas”, its Chamber of Commerce president yesterday warning an absence of growth and infrastructure is forcing businesses to close down.

Mortgage Relief: 16%of targeted borrowers qualify

Some 16 per cent of troubled borrowers targeted by the Government’s revised Mortgage Relief Plan have been enrolled in the scheme, a Cabinet Minister yesterday saying it had already been “more successful” than the first version.

DNA adviser pushes for tax, exchange reforms

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas should move towards changing its tax structure and explore an alternative system to exchange control, a well-known doctor and financial executive said yesterday. Dr Jona

SANDALS LAUNCHES ITS OWN UNIVERSITY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Sandals Resorts International will today launch its fully-accredited international university, with each of its hotel properties serving as a learning institute. Adam Stewart, the r

'Some movement' on gas commission

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in

'Some movement' on gas commission

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in

CHAMBER HEAD SAYS RESORT'S EXPANSION SIGN OF 'CONFIDENCE'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Grand Isle Resort and Spa's expansion plans demonstrate a confidence in Exuma, the island's Chamber of Commerce president said yesterday, telling Tribune Business various infras

CHAMBER HEAD SAYS RESORT'S EXPANSION SIGN OF 'CONFIDENCE'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Grand Isle Resort and Spa's expansion plans demonstrate a confidence in Exuma, the island's Chamber of Commerce president said yesterday, telling Tribune Business various infras

WSC TO SPEND $10M ON FOUR NEW WATER TREATMENT PLANTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) plans to spend about $10 million on four waste water treatment plants as well as several disposal wells in New Providence, the corporation's

WSC TO SPEND $10M ON FOUR NEW WATER TREATMENT PLANTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) plans to spend about $10 million on four waste water treatment plants as well as several disposal wells in New Providence, the corporation's

WSC TO SPEND $10M ON FOUR NEW WATER TREATMENT PLANTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) plans to spend about $10 million on four waste water treatment plants as well as several disposal wells in New Providence, the corporation's

WSC TO SPEND $10M ON FOUR NEW WATER TREATMENT PLANTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) plans to spend about $10 million on four waste water treatment plants as well as several disposal wells in New Providence, the corporation's

WSC TO SPEND $10M ON FOUR NEW WATER TREATMENT PLANTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) plans to spend about $10 million on four waste water treatment plants as well as several disposal wells in New Providence, the corporation's

Water Corp's threat to roads contractor

Water Corp's threat to roads contractor By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) had threatened to remove Jose Cartellones Construcciones Civiles Company (JCCC), the main contracto

Natural resources: New fiscal regime under development

The Government is working with the Commonwealth Secretariat to finalise a new fiscal regime for the mining of sand, aragonite and other Bahamian natural resources, the Minister of the Environment and Housing said yesterday.