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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
$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
Union to ‘do what it has to do’ over Hilton meltdown
The hotel union’s president yesterday said that if working conditions at the British Colonial Hilton do not improve soon it will “do what it has to do”, amid an air conditioning breakdown that has persisted for more than a week.
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
Economist backs spending cuts to end ‘major wastage’
A University of the Bahamas economist yesterday backed government spending cuts on the grounds there has been “a great deal of wastage”. Rupert Pinder, addressing a Rotary Club of West Nassau luncheon, said: “We cannot overemphasise the importance of economic growth. You can cut spending until the cows come home, but what is really going to put this economy on a strong footing is growth. I am a proponent for cuts in public spending because I think there has been a great deal of wastage.
Land registration still ‘stuck in 18th century’
The Bahamas’ land registration system remains “stuck in the 18th century, an Abaco realtor believes, while calling on this country to develop a proper Land Use Plan (LUP).
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.
GOVT, AVIATION UNION URGED TO RESOLVE OUTSTANDING ISSUES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LEADING Bahamian aviation executive yesterday urged the government and the air traffic controllers union to 'look at the bigger picture' and resolve their outstanding issues, stat
PRACTICE SAYING NO
By Simon Cooper Res Socius IT IS very tempting when starting out in business - or moving into an existing one - to say "yes" to every customer who wanders in the door with unusual requirements. It is also equally enticing to take on new lines suggested
GOVT, AVIATION UNION URGED TO RESOLVE OUTSTANDING ISSUES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LEADING Bahamian aviation executive yesterday urged the government and the air traffic controllers union to 'look at the bigger picture' and resolve their outstanding issues, stat
PRACTICE SAYING NO
By Simon Cooper Res Socius IT IS very tempting when starting out in business - or moving into an existing one - to say "yes" to every customer who wanders in the door with unusual requirements. It is also equally enticing to take on new lines suggested
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
CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe
CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe
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.
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
