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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
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.
‘I want Schooner Bay progress’, says ex-PM
An ex-prime minister yesterday asserted he wants to see “progress and development” at an Abaco community once held up as sustainable development model following its baffling break with a former management partner.
QC: ‘No more secrets’ over Freeport’s future
An outspoken QC yesterday made good on his threat to launch Judicial Review proceedings against the consultation on Freeport’s future, warning: “No more secrets. It’s finally time for government in the sunshine.”
DON'T FEAR THE UNKNOWN ON SOFTWARE INSTALLATION
By Deidre M. Bastian So you have just discovered this dyanamic new graphic software, and are eager to install and experiment. But there is one small problem: The fear of making a mistake, as the computer just might blow up or some terrible harm may be do
DON'T FEAR THE UNKNOWN ON SOFTWARE INSTALLATION
By Deidre M. Bastian So you have just discovered this dyanamic new graphic software, and are eager to install and experiment. But there is one small problem: The fear of making a mistake, as the computer just might blow up or some terrible harm may be do
DON'T FEAR THE UNKNOWN ON SOFTWARE INSTALLATION
By Deidre M. Bastian So you have just discovered this dyanamic new graphic software, and are eager to install and experiment. But there is one small problem: The fear of making a mistake, as the computer just might blow up or some terrible harm may be do
Kerzner's $65m capital upgrades in debt talk delay
Kerzner's $65m capital upgrades in debt talk delay By NEIL HARTNELL Tribune Business Editor Kerzner International (Bahamas) chief yesterday acknowledged that finalising this year's $65 million capital investment plan for its Paradise Island resorts is b
$10M SOCIAL SECURITY REFORMS 'FIRST OF THEIR KIND' IN CARIBBEAN
By NEIL HARTNELL Tribune Business Editor The Bahamas' proposed $10 million social security reform initiative is a 'first-of-its-kind' in the Caribbean, as it will tie welfare payments to "improving human capital" through better educational achievement fo
WTO benefits: ‘Better appreciation’ needed
The Bahamas needs to better understand the costs and benefits associated with becoming a full World Trade Organisation (WTO) member, the Chamber of Commerce’s chairman yesterday warning it could not compromise its $8 billion economy to protect one industry.
‘Unenviable balancing act’ confronting The Bahamas
The Bahamas “faces an unenviable balancing act between food security and fiscal discipline”, the Inter-American Development Bank (IDB) warned yesterday, with global financial developments proving “particularly concerning”.
Hotels target 'modest increase' for 2012 Q1
By NEIL HARTNELL Tribune Business Editor The Nassau/Paradise Island hotel industry is hoping to enjoy "a modest increase in all key metrics" for January and the 2012 first quarter, the Bahamas Hotel Association's (BHA) president last night pointing out t
Gov’t is warned: Don’t fall in love with VAT monies
The Government has been warned not to become “too enamoured” with Value-Added Tax’s (VAT) relatively successful start in preparing next week’s 2015-2016 Budget.
$150M TRUST URGED TO RESCUE HOUSING MARKET
By NEIL HARTNELL Tribune Business Editor The Government was yesterday urged to invest $100-$150 million into a Foreclosure Trust as a way to solve this nation's mortgage/housing crisis, a well-known businessman telling Tribune Business that the returns g
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
DESPITE 41% OF HOTELS SUFFERING 2011 LOSS, MOST POSITIVE FOR 2012
By NEIL HARTNELL Tribune Business Editor Although more than half of this nation's hotels are positive on their 2012 outlook some 41 per cent still suffered a net loss last year, the Bahamas Hotel Association (BHA) yesterday unveiling a survey that was ti
NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'
By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can
NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'
By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can
NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'
By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can
NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'
By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can
