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PUTTING BEST FACE FORWARD

By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help

Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Real property tax compliance 'higher than in the past'

By NEIL HARTNELL Tribune Business Editor Real property tax compliance is "higher than in the past, that's for sure", a government minister telling Tribune Business yesterday that new administration/enforcement measures would "yield" improved collection r

Consumer chief set to investigate BPL bill spike

The Consumer Protection Commission’s chairman last night promised to investigate the “double” and “triple” energy bill increases many consumers are now experiencing as a result of Bahamas Power & Light’s (BPL) post-Matthew billing practices.

PRIVATISATION CAN 'HOLD BAHAMAS TO RANSOM'

By NEIL HARTNELL Tribune Business Editor A leading activist yesterday urged the Government not to privatise the energy and water industries on the grounds that foreign buyers could "hold the Bahamas to ransom", adding that this nation had "not begun to s

Court: ‘No deal’ for 25,000 acre property

An $11.5 million deal to purchase the 25,000 acre property that was once Long Island’s largest employer cannot be concluded because there was never “an enforceable sales contract”, the Privy Council ruled yesterday.

Bahamas realtor starring on HGTV

A Bahamian realtor with ERA Dupuch played a starring role on the well-known HGTV channel, helping to find a rental property that satisfied the requirements of a professional expatriate couple. "This couple had just moved from Dubai, and were excited about

BAHA MAR'S OCCUPANCIES 3-4% ABOVE FORECAST LEVEL

By NEIL HARTNELL Tribune Business Editor While occupancies at Baha Mar's two existing Cable Beach resorts are trending 3-4 per cent ahead of 2012 forecasts, the resort developer yesterday said they had yet to reach "levels considered acceptable", followi

$10M PORT IPO SETS A BAHAMIAN RECORD

By NEIL HARTNELL Tribune Business Editor The Arawak Cay Port Development (APD) offering has set a Bahamian record by becoming the "most widely subscribed for IPO in the history of the Bahamian capital markets", Tribune Business was told yesterday, one of

LAW FIRM BLASTS CUSTOMS OVER 'WHIMSICAL FANCY'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian law firm yesterday blasted as "almost unbelievable" Customs' second effort within two years to allegedly disrupt Freeport's $70-$120 million 'bonded goods' economy, arguing that arbitrary requir

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‘No doubt over VAT chaos’ on January 1

A well-known businessman yesterday said he had “no doubt” the Government will be unable to seamlessly implement Value-Added Tax (VAT) come January 1, suggesting “chaos” would result from failing to promptly educate the private sector.

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

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Baha Mar avoids damages on $10m 'credit letter'

Baha Mar has reached a legal settlement that prevents a former hotel partner seeking specific damages against it for trying to draw down a $10 million Letter of Credit, although arbitration proceedings remain alive.

BAHAMAS TOP RETAIL SPOT FOR FIRSTCARIB

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) accounted for the largest share of its Barbadian parent's retail banking revenues in the fiscal year ended on October 31, 2011, generating some $90.64 million or 44

‘Wonderful opportunity’ for Long Island revival

The resolution to a 10-year dispute over Long Island’s one-time largest employer presents “a wonderful opportunity” to revive the island’s economy, its MP yesterday describing the surrounding area as “ghost town”.

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QC: Don’t reward $35m Nygard ‘law breaking’

The Government was yesterday urged not to reward two decades of alleged law-breaking by approving Peter Nygard’s new development applications, a well-known QC suggesting he had seized land worth $35 million without permission.

NEXT GOV'T 'CANNOT IGNORE' TAX REFORM

By NEIL HARTNELL Tribune Business Editor The next Government cannot "ignore the need" for tax reform and moving towards a sales/Value Added (VAT" tax regime, the minister of state for finance telling Tribune Business there was still "a reasonable enough