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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.
Union still seeking City Markets talks
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net TRADE union executives up to last night were still attempting to arrange a meeting with the principal of the City Markets foodstore chain to discuss the fate of the stores and its e
Straw vendors suffer losses
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
STRAW VENDORS SUFFER LOSSES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
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’.
Fishermen: Gov't late on storm relief
Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.
DOCTORS TARGETING JUNE ON WESTERN RE-OPENING
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DOCTORS Hospital plans to re-open its Western Medical Plaza in June, its president telling Tribune Business yesterday that some $1.2 million would be invested to ready the outpatien
DOCTORS TARGETING JUNE ON WESTERN RE-OPENING
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DOCTORS Hospital plans to re-open its Western Medical Plaza in June, its president telling Tribune Business yesterday that some $1.2 million would be invested to ready the outpatien
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
Law forces some scrap dealers out
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NEW legislation governing the scrap metal industry has proven to be too onerous for at least one dealer who has quit the business, telling Tribune Business yesterday: "It was costin
TRANSPORT PROVIDERS FORCED TO RAISE FARES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net RISING fuel costs remain a major concern for taxi and tour operators, one telling Tribune Business yesterday that he was forced to increase his fares to offset the increase. Legenda
Financial sector: Dual citizenship 'loophole' fears
Financial sector: Dual citizenship 'loophole' fears By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Dual citizenship issues are a "loophole" in the US Foreign Account Tax Compliance Act (FATCA), a Bahamian attorney said yesterd
REGULATIONS DELAY KEY MEDICAL BILL
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net HEALTH care providers yesterday said they were still awaiting word on when the proposed Medical Care Improvements Bill would be implemented, the minister responsible for the sector
AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis
