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SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

Profits triple as BAF's 'sleeping giant awakes'

Profits triple as BAF's 'sleeping giant awakes' By NEIL HARTNELL Tribune Business Editor BAF Financial's owners believe they have "awoken the sleeping giant" during their first five years at the helm, "tripling profits" and doubling total assets to $150

OUTRAGE OVER UK'S 8% 'AIRLIFT TAX' RISE FOR THE CARIBBEAN

Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012 increasing airlift (access) costs to the Bahamas for Europe

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Port 'dismayed' by Shenanigan's

The Grand Bahama Port Authority (GBPA) has described itself as "dismayed" by criticisms from a Bahamian businessman who closed his Port Lucaya Marketplace restaurant blaming high rents, arguing that he had been "unresponsive" to attempts to resolve the si

Port 'dismayed' by Shenanigan's

The Grand Bahama Port Authority (GBPA) has described itself as "dismayed" by criticisms from a Bahamian businessman who closed his Port Lucaya Marketplace restaurant blaming high rents, arguing that he had been "unresponsive" to attempts to resolve the si

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Illegal netting threatens $1.5m bonefish investment

A Long Island bonefishing lodge owner says his $1.5 million investment and six jobs are being jeopardised by illegal netting, which threatens to “wipe out” the industry within the next five years.

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Government's watchdog 'robbed' of independence

Government's watchdog 'robbed' of independence By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is su

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

COLINA GENERAL HAD $2M ASSET DEFICIENCY

By NEIL HARTNELL Tribune Business Editor Colina General Insurance Agency had an almost-$2 million balance sheet solvency deficiency when it was acquired by its sister company, BISX-listed Colina Holdings (Bahamas), in early December 2011 for just $1, Tri

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CCA: WE SHOULD TAKE ADVANTAGE OF BAHAMAS – Contractor reached out for help to son of top govt advisor

Baha Mar's main contractor asked the son of Perry Christie's top policy adviser to intervene when his father proposed changing The Pointe's Heads of Agreement over how many Bahamian construction workers would be employed.