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Next two years 'great time' for capital raising
Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s
Next two years 'great time' for capital raising
Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s
Next two years 'great time' for capital raising
Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s
Labour quality 'compromised' roads project
Labour quality 'compromised' roads project By NEIL HARTNELL Tribune Business Editor The Public Accounts Committee (PAC) yesterday accused the main contractor working on the $113 million New Providence Road Improvement Project (NPRIP) of using "poorly tr
Bank warns on provisions rise
By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling
Bank warns on provisions rise
By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling
CLICO liquidator saves $670,000 from IRS clutches
CLICO liquidator saves $670,000 from IRS clutches By NEIL HARTNELL Tribune Business Editor CLICO (Bahamas) liquidator has freed up "significant cash" worth some $670,000 by negotiating a settlement of the US Internal Revenue Service's (IRS) tax claim ag
GROWTH FOCUS 'LATITUDE' VIA AML'S $10M PREF RESTRUCTURE
By NEIL HARTNELL Tribune Business Editor AML Foods says its latest preference share restructuring has given it "a tremendous amount of latitude" to focus on growth opportunities, having raised a further $4.28 million in capital and reduced dividend (inte
CCA: Sarkis ‘inflaming anti-Chinese sentiment’
Baha Mar’s main contractor has accused Sarkis Izmirlian of “a nakedly xenophobic attempt to inflame anti-Chinese sentiment” while asserting there is “no evidence” it misused $54m to acquire the then-British Colonial Hilton.
Tax crackdown: Govt hits 6,000 businesses, 5,000 property owners
The Government last night unveiled its promised crackdown on tax defaulters, promising to first pursue the largest, wealthiest delinquents - some 6,000 businesses and 5,000 high-end property owners.
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
Just 12% of mortgages finance 'new buildings'
New Central Bank of the Bahamas date has provided a further insight into the sluggish home construction market, with just 12 per cent of mortgage applications involving 'new builds'.
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
