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THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w

BEC partner targets eco-industrial park

BEC partner targets eco-industrial park By NEIL HARTNELL Tribune Business Editor BEC's ocean thermal energy partner yesterday revealed it plans to develop an eco-industrial park in the Bahamas, leveraging its project into technology and export spin-offs

BEC partner targets eco-industrial park

BEC partner targets eco-industrial park By NEIL HARTNELL Tribune Business Editor BEC's ocean thermal energy partner yesterday revealed it plans to develop an eco-industrial park in the Bahamas, leveraging its project into technology and export spin-offs

Insurance recovery may wait until 2017

The Bahamian insurance industry may have to wait until mid-2017 to return to strong growth, with one leading underwriter saying its main goal is to “hold the fort”.

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

BANK IS FACING 50,000 ACCOUNT PROBE ON FATCA

By NEIL HARTNELL Tribune Business Editor Commonwealth Bank yesterday said it was facing the prospect of 'drilling down' into an estimated 50,000 client accounts to determine if there was any US beneficial ownership connection, while telling Tribune Busin

$20M FIRE LOSSES 'UNPRECEDENTED'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian general insurer yesterday said the pre-recession 60/40 split in its auto book had been reversed in favour of third party coverage, with 2011 an "unprecedented" year for large fire-related claims

CREDIT BUREAU TARGET FOR END 2012/START 2013

By NEIL HARTNELL Tribune Business Editor A Bahamian credit bureau should be established by "the latter part of this year or early 2013", the Central Bank's governor has told Tribune Business, with its activation designed to prevent the almost-20 per cent

Payroll tax unable to cover NHI

A 3 per cent payroll tax will not be sufficient to cover the proposed National Health Insurance (NHI) scheme’s total costs, the private sector yesterday warning that sticking to a January 2016 implementation will create a “challenging sprint to the finish”.

Gov’t renews oil explorer’s four licences

A Bahamas-based oil explorer last night said it had obtained “hugely significant clarity” from the Government renewing its key licences for a further three years, removing a potential obstacle to finding a joint venture partner and drilling its first exploratory well.

'WHAT'S CHANGED' ON BAHAMASAIR GB AIRLIFT PLANS?

By NEIL HARTNELL Tribune Business Editor The head of a Bahamian privately-owned airline has expressed scepticism over plans to solve Grand Bahama's tourism woes via Bahamasair servicing five US markets, asking Tribune Business: "What's changed?" Acknowle

'WHAT'S CHANGED' ON BAHAMASAIR GB AIRLIFT PLANS?

By NEIL HARTNELL Tribune Business Editor The head of a Bahamian privately-owned airline has expressed scepticism over plans to solve Grand Bahama's tourism woes via Bahamasair servicing five US markets, asking Tribune Business: "What's changed?" Acknowle

'WHAT'S CHANGED' ON BAHAMASAIR GB AIRLIFT PLANS?

By NEIL HARTNELL Tribune Business Editor The head of a Bahamian privately-owned airline has expressed scepticism over plans to solve Grand Bahama's tourism woes via Bahamasair servicing five US markets, asking Tribune Business: "What's changed?" Acknowle

Bahamas ‘falls off map’ on Caribbean hospitality lending

The Bahamas has ‘dropped off the map’ among traditional bank lenders to the hotel/tourism industry, with this nation failing to feature among the top 10 Caribbean destinations for new lending.

Bahamas faces major tax, exchange control shake-up

The Bahamas may have to completely overhaul its corporate and taxation structure to escape European Union/OECD ‘blacklisting’ threats, the Attorney General revealed yesterday.