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MINISTER ADMITS NEED FOR NATIONAL FISCAL 'REBALANCE'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister yesterday acknowledged that the Bahamas needed a fiscal"rebalancing" given its $4.25 billion national debt, with the Ingraham administration trying to nurture
BAHAMAS 'PUNCHING WELL ABOVE WEIGHT' IN SHIPPING
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas "punches well above its weight" in the global maritime industry, the Bahamas Maritime Authority's (BMA) chairman saying yesterday that through its involvement with the I
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
BAHAMAS EYES 15% Q1 GROUP TOURISM RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to experience a "robust" 2012 first quarter in the tourism sector, Vincent Vanderpool-Wallace said yesterday, attributing this to an expected 15 per cent uptick
Minister admits need for national fiscal 'rebalance'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister yesterday acknowledged that the Bahamas needed a fiscal"rebalancing" given its $4.25 billion national debt, with the Ingraham administration trying to nurture
BUSINESS FEARS OVER 1% NIB 'TAX' RATE RISE
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Plans to increase National Insurance Board (NIB) contribution rates by one percentage point to 10.8 per cent will likely pose a challenge for many Bahamian businesses still seeking
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
Union 'not sitting idle' over Atlantis
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) is closely monitoring the Atlantis ownership situation, and is prepared to take legal action if necessary, its executiv
BAHAMAS EYES 15% Q1 GROUP TOURISM RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to experience a "robust" 2012 first quarter in the tourism sector, Vincent Vanderpool-Wallace said yesterday, attributing this to an expected 15 per cent uptick
BAHAMAS' 'REVERSE MEDICAL TOURISM'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIANS pump millions of dollars each year into the South Florida's medical tourism sector, a leading doctor telling Tribune Business yesterday that this nation provides the large
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
Two Bahamians finish KPMG 'FATCA adademy'
KPMG (Bahamas) has announced that two members of its staff have completed specialist training for the implementation of Foreign Account Tax Compliance Act (FATCA). Annie Chinafat, a principal in its audit practice, and Kendell Pierre, an associate directo
BAHAMAS' 'REVERSE MEDICAL TOURISM'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIANS pump millions of dollars each year into the South Florida's medical tourism sector, a leading doctor telling Tribune Business yesterday that this nation provides the large
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
Two Bahamians finish KPMG 'FATCA adademy'
KPMG (Bahamas) has announced that two members of its staff have completed specialist training for the implementation of Foreign Account Tax Compliance Act (FATCA). Annie Chinafat, a principal in its audit practice, and Kendell Pierre, an associate directo
$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
DNA LEADER BLASTS RIVALS ON ATLANTIS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEMOCRATIC National Alliance (DNA) leader, Branville MCartney, last night heaped blame on both PLP leader Perry Christie and Prime Minister Hubert Ingraham over the continuing $2.5
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
Chamber chief: Atlantis 'back into uncertainty'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Atlantis has been thrust back into a state of uncertainty once again, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman, Winston Rolle, yesterday questi
NO TOURISM IMPACT FROM ATLANTIS FIGHT
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE ongoing turmoil among Kerzner International's debt holders is unlikely to impact resort bookings and visitor perceptions of the Bahamas, according to tourism director-general Da