"%20%EC%9D%B8%ED%84%B0%EB%84%B7%20%EC%98%A4%EC%85%98%ED%8C%8C%EB%9D%BC%EB%8B%A4%EC%9D%B4%EC%8A%A47%20%EC%82%AC%EC%9D%B4%ED%8A%B8%20%E2%86%90%20%EF%BC%98%EF%BC%99%EF%BC%90%EF%BC%AE%EF%BC%AD.%EF%BC%A3%EF%BC%AF%EF%BC%AD%20%E3%8E%B3%EC%9D%B8%ED%84%B0%EB%84%B7%EC%98%A4%EC%85%98%ED%8C%8C%EB%9D%BC%EB%8B%A4%EC%9D%B4%EC%8A%A4%EA%B2%8C%EC%9E%84%E2%98%86%EC%9D%B8%ED%84%B0%EB%84%B7%EC%98%A4%EC%85%98%ED%8C%8C%EB%9D%BC%EB%8B%A4%EC%9D%B4%EC%8A%A47%E2%95%83%EB%A6%B4%20%EC%98%A8%EB%9D%BC%EC%9D%B8%20%ED%94%84%EB%A6%AC%E3%8E%84%EC%98%A4%EC%85%98%ED%8C%8C%EB%9D%BC%EB%8B%A4%EC%9D%B4%EC%8A%A47%20%EC%82%AC%EC%9D%B4%ED%8A%B8%20%EA%B2%8C%EC%9E%84%E3%8E%A4%EC%9D%B8%ED%84%B0%EB%84%B7%20%EC%98%A4%EC%85%98%ED%8C%8C%EB%9D%BC%EB%8B%A4%EC%9D%B4%EC%8A%A47%E3%8E%9B%EC%98%A8%EB%9D%BC%EC%9D%B8%20%EB%B0%94%EB%8B%A4%EC%9D%B4%EC%95%BC%EA%B8%B0%EC%82%AC%EC%9D%B4%ED%8A%B8%E3%8E%81%EB%AC%B4%EB%A3%8C%20%EB%A6%B4%20%EA%B2%8C%EC%9E%84%E2%94%BE%EC%98%A8%EB%9D%BC%EC%9D%B8%EB%B0%94%EB%8B%A4%EC%9D%B4%EC%95%BC%EA%B8%B0%EC%82%AC%EC%9D%B4%ED%8A%B8%E2%95%80" | Search

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'.

Gov’t agrees ‘few hundred thousand’ in VAT credits

The Government has approved “several hundred thousand dollars” of Value-Added Tax (VAT) credit refunds, a top official yesterday promising that businesses would not endure “a protracted wait” to receive them.

BTC warns union on its 'long-term health'

BTC warns union on its 'long-term health' By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) last night reminded the trade unions representing its staff that it had to safeguard its "long-term health", since an unfavou

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

Car Show 'bounce' in 83-100% sales growth

BAHAMIAN new car dealers yesterday revealed that the Car Show "bounce" appeared to have returned in 2012, with April's sales up between 83-100 per cent month-over-month compared to March.

Caribbean hotel rivals beat Bahamas' 5% RevPAR rise

By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to

Caribbean hotel rivals beat Bahamas' 5% RevPAR rise

By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to

SKY'S THE LIMIT FOR $270K ROUTE INVESTMENT

By NEIL HARTNELL Tribune Business Editor Sky Bahamas expects to start seeing a return on its $270,000 investment in building its Marsh Harbour-West Palm Beach route in three months' time, telling Tribune Business it cost Bahamian-owned airlines twice as

FAMILIES EARNING UNDER $5K YEARLY INCREASE BY 83%

By NEIL HARTNELL Tribune Business Editor The number of Bahamian households surviving on less than $5,000 per year has increased by an "alarming" 83 per cent in the past four years, Department of Statistics data shows, indicating the recession has most im

PM cuts 2016 GDP growth to just 0.5%

Prime Minister Perry Christie yesterday slashed a full percentage point off the Bahamas’ projected economic growth for 2016, cutting real GDP expansion estimates to just 0.5 per cent.

Atlantis’s 4.5% Xmas rate rise beats hotel norm

Atlantis has seen a “quite substantial” 4.5 per cent year-over-year increase in average daily room rates (ADRs) for the upcoming peak Christmas/New Year season, a growth rate exceeding industry norms.

Gas station warning of New Year lay-offs

A gas station operator yesterday warned the 24 percent minimum wage increase will “almost certainly” force the sector to cut staffing levels unless the Government grants a long-awaited margin increase.

CIBC: Bahamas worst for ‘bad’ mortgages

CIBC’s top Caribbean executive yesterday revealed that the “magnitude” of non-performing home loans in the Bahamas was “greater than anywhere else” in the region, this nation accounting for 50 per cent of the bank’s ‘bad’ mortgages.