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IMF slashes Bahamas 2016 growth to 1.5%
The International Monetary Fund (IMF) has slashed its 2016 growth forecast for the Bahamas by a further 0.7 percentage points to just 1.5 per cent, due to the Baha Mar impasse.
'SEVERAL HUNDRED MERCHANT' CLIENT BASE FOR BANK'S E-COMMERCE PLAN
By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International is eyeing an initial client base of "several hundred" Bahamian merchants for the planned launch of its e-commerce platform in six months' time, telling Tribune Business yesterday
'SEVERAL HUNDRED MERCHANT' CLIENT BASE FOR BANK'S E-COMMERCE PLAN
By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International is eyeing an initial client base of "several hundred" Bahamian merchants for the planned launch of its e-commerce platform in six months' time, telling Tribune Business yesterday
'SEVERAL HUNDRED MERCHANT' CLIENT BASE FOR BANK'S E-COMMERCE PLAN
By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International is eyeing an initial client base of "several hundred" Bahamian merchants for the planned launch of its e-commerce platform in six months' time, telling Tribune Business yesterday
BTC's 18% directory mark-up 'reasonable'
BTC's 18% directory mark-up 'reasonable' By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company's (BTC) proposed 17.65 per cent retail mark-up for directory inquiry calls has been deemed "reasonable" by the sector regulator, alt
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes Sub-Deck: * Concerned sums previously paid lost to potential 'scam' By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-rela
AQUAPURE FEARS WATER SHORTAGE OVER DUTY WOES
By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear imported machine parts vital to prevent it from runn
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
ROYALSTAR INVESTORS GET '200% PAY OUT'
By NEIL HARTNELL Tribune Business Editor RoyalStar Assurance is expecting to generate a $2-$3 million net profit for 2011 despite enduring a tough year, its managing director yesterday saying the company had to-date "paid out almost 200 per cent" of the
ATLANTIS OWNER 'OUT OF MONEY AT $2.3BN PI SALE
By NEIL HARTNELL Tribune Business Editor The Atlantis resort's potential new owner could lose the entire $175 million it is owed if the proposed debt-for-equity swap with Kerzner International fails to go through, a lawsuit seeking to block the deal is a
ATLANTIS OWNER 'OUT OF MONEY AT $2.3BN PI SALE
By NEIL HARTNELL Tribune Business Editor The Atlantis resort's potential new owner could lose the entire $175 million it is owed if the proposed debt-for-equity swap with Kerzner International fails to go through, a lawsuit seeking to block the deal is a
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
Gov't urged: End 'ridiculous foot dragging' on BEC
The Government has been urged to end its "ridiculous foot dragging" over the Bahamas Electricity Corporation's (BEC) part-privatisation and wider energy reform, as the private sector readies its own study on the issue.
Mortgage Corp's woes 'not good' for 70% of contractors'
Mortgage Corp's woes 'not good' for 70% of contractors' By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) 'going concern' woes are "not good news" for 70 per cent of Bahamian contractors who rely almost solely on the resi
INSOLVENT BANK'S CREDITORS TO GAIN $0.07 ON DOLLAR
By NEIL HARTNELL Tribune Business Editor Creditors of an insolvent Bahamian offshore bank are in line to recover less than seven cents ($0.07) of every dollar owed to them after the Supreme Court refused to give the liquidator leave to appeal a ruling, a
STOP 'DABBLING' IN RENEWABLE ENERGY
By NEIL HARTNELL Tribune Business Editor Rising oil prices could dampen the pace of Bahamian economic recovery, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) warned yesterday, emphasising the need for this nation to have "a true,
$60m project 'hits the pedal'
By NEIL HARTNELL Tribune Business Editor An eastern New Providence real estate development is set to take its full capital investment to $60 million by year-end, after its weekend 'open house' produced a "phenomenal turnout" of 400 visitors and five prop
