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BCA chief: 'Many smaller builders' oppose regulation

BCA chief: 'Many smaller builders' oppose regulation By NEIL HARTNELL Tribune Business Editor Many smaller Bahamian contractors do not support the Bahamian Contractors Association (BCA) or its push for legislation to regulate the industry, the latter's

BCA chief: 'Many smaller builders' oppose regulation

BCA chief: 'Many smaller builders' oppose regulation By NEIL HARTNELL Tribune Business Editor Many smaller Bahamian contractors do not support the Bahamian Contractors Association (BCA) or its push for legislation to regulate the industry, the latter's

IDB: Bahamas needs $560m 'adjustment'

The Bahamas needs a $560 million "adjustment" at present growth rates just to cut its debt-to-GDP ratio to 60 per cent by 2021, amid warnings this nation now lies on the fiscal "dark side".

PM: Atlantis makes granting Chinese demands impossible

The Prime Minister yesterday said Atlantis’s ‘most favoured investor’ status made it impossible for him to grant the type of incentives the Chinese were said to be demanding over Baha Mar.

74% 'PERSONAL' CREDIT IMPEDES DEVELOPMENT

By NEIL HARTNELL Tribune Business Editor The Bahamas' development is being "seriously impacted" because its citizens are unable to invest in key productive areas, such as energy and transportation, due to almost 74 per cent of credit going on 'personal'

MSC cruise port: No lease agreement yet

No agreement has yet been reached to transfer the lease of Ocean Cay to Mediterranean Shipping Company (MSC) for its private cruise port, with the current holder saying of the project: "It won't be done overnight."

Bahamian insurers eye TCI CLICO deal

Two Bahamian insurance companies are in negotiations to acquire CLICO’s Turks & Caicos business, Tribune Business can reveal, with the deadline for the cancellation of the insolvent insurer’s local medical policies just two weeks away.

Bahamas sees 'phenomenal' 11% airlift rise

By NEIL HARTNELL Tribune Business Editor The Bahamas saw a "phenomenal" 11 per cent increase in airlift capacity year-over-year for February 2012, the minister of tourism and aviation yesterday saying this trend reflected "growing visitor demand" and was

BCA chief: 'Many smaller builders' oppose regulation

BCA chief: 'Many smaller builders' oppose regulation By NEIL HARTNELL Tribune Business Editor Many smaller Bahamian contractors do not support the Bahamian Contractors Association (BCA) or its push for legislation to regulate the industry, the latter's

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Private sector targets NHI concerns Christmas present

The Bahamian private sector is hoping to present the Government with a consolidated list of its National Health Insurance (NHI) concerns before Christmas, amid fears that the scheme’s cost estimates “might not be the most ideal”.

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AG’s Office: We bungled Blackbeard’s Cay appeal

The Attorney General’s Office has admitted that the Government’s appeal over the $8 million Blackbeard’s Cay project was thrown out because it was asleep on the job.

FOOD 'FLAGSHIP' IN 'SURPRISE SUCCESS'

By NEIL HARTNELL Tribune Business Editor A well-known Bahamian businessman yesterday said he had been "terribly surprised with the success" of his 22 year-old company in "carrying the flagship of Bahamian food", as it moves to "regroup" and consolidate i

FOOD 'FLAGSHIP' IN 'SURPRISE SUCCESS'

By NEIL HARTNELL Tribune Business Editor A well-known Bahamian businessman yesterday said he had been "terribly surprised with the success" of his 22 year-old company in "carrying the flagship of Bahamian food", as it moves to "regroup" and consolidate i

Gov't pledges to bridge 30k home digital divide

The Government's long-awaited Electronic Communications Sector policy pledges to bridge the 'Digital Divide' that has left 30,000 Bahamian households without broadband Internet, deeming this essential for "further and faster" economic growth.

Florida court blocks $7.59m Bahamas ruling

A contractor’s bid to enforce a $7.59 million Bahamas Supreme Court judgment against a major global hotel chain has been blocked by a Florida appeals court, which ruled the latter was not involved in a $1 billion Bahamian joint venture.

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‘The s*** has hit the fan’

The Bahamian economy is paying the price for the Government’s “financial disasters” in attempting to run businesses, a leading executive blasting yesterday: “The s* has hit the fan.”

‘No way’ Bahamas can be cut to junk

There is “no way” that Moody’s can cut the Bahamas to ‘junk’ status because it is still meeting all its debt obligations as they become due, a former finance minister argued yesterday.

Standing out in the crowd

By Deidre Bastian It's no secret that the Internet has tremendously impacted the advertising industry, and online ads are continuing to increase in volume each year. But does this indicate that print advertising is over and will die a slow death? A frien

Standing out in the crowd

By Deidre Bastian It's no secret that the Internet has tremendously impacted the advertising industry, and online ads are continuing to increase in volume each year. But does this indicate that print advertising is over and will die a slow death? A frien

Standing out in the crowd

By Deidre Bastian It's no secret that the Internet has tremendously impacted the advertising industry, and online ads are continuing to increase in volume each year. But does this indicate that print advertising is over and will die a slow death? A frien