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DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT
By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm
DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT
By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm
DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT
By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm
Bank payment charges need ‘legitimate redress’
THE Central Bank yesterday appeared to concede that fees for payment services were too high and “require legitimate redress”, a view shared by 78 per cent of Bahamians.
IMF fiscal reform delays 'may jeopardise recovery'
By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.
S&P: Gov’ts fiscal, economic reforms ‘will take time’ to work
* 1.5% average growth forecast lower than IMF’s * Grand Lucayan closure takes out 7% of rooms * Debt to rise through 2020 to 52% of GDP
THE Government’s fiscal and economic reforms will take time to “pay dividends”, Standard & Poor’s (S&P) warned yesterday, as it took a more ‘bearish’ view of the Bahamas’ growth prospects. The rating agency, in its latest Bahamas country assessment, expressed confidence that the Minnis administration’s fiscal reforms will “arrest the deterioration” in the Government’s deficit and the national debt.
‘Breath of fresh air’: 150k cruise arrivals over Xmas
The Downtown Nassau Partnership’s (DNP) co-chair yesterday hailed the increase in cruise ship traffic as a “breath of fresh air” for business with close to 150,000 passenger arrivals forecast for Christmas week.
Bahamas exports decline by 36% to five-year low
The Bahamas’ merchandise trade deficit fell by 12.3 per cent in 2015 to $2.719 billion, as the decline in imports offset a more than one-third reduction in exports.
Banks to ‘double’ VAT recovery.... to just 10%
The Bahamian banking industry is hopeful it might be able to recover ‘double’ the amount of Value-Added Tax (VAT) inputs than previously thought, as one institution yesterday revealed its total tax burden will increase by $6-$7 million in two years.
$600m Sarkis claims branded 'hogwash'
An ex-Baha Mar director has slammed as "hogwash" claims that Sarkis Izmirlian lacked the $600 million financing needed to complete the project, accusing the Government of "playing the blame game".
COMMUNICATIONS REVENUES FALL 7%
By NEIL HARTNELL Tribune Business Editor The Bahamian communications industry's total revenues decreased by 7 per cent year-over-year in 2010, falling from $460 million to $428 million, as the sector's regulator pledged to introduce "universal service ob
ENJOYMENT REMAINS PASSPORT TO SUCCESS
By Simon Cooper Res Socius Choose to do what you enjoy. This is a strange notion, although I often get round to discussing it with clients. In fact, it might surprise you to know how many square-pegs in round-holes there are out there in Nassau. I'm talk
TELL, BUT DON'T SELL, YOUR FIRM'S STORY
By D'Arcy Rahming The first time I tried to use Facebook Ads in one of my businesses a couple of years ago, I lost a lot of money. I mean, everything seemed to be going so well. A lot of people were expressing interest in my page judging by the number of
HOW A BUSINESS BROKER OPERATES
By Simon Cooper Res Socius People often stop me in the street these days to ask me exactly what a business broker does. I'm always happy to oblige, because some turn out to be sellers and others, buyers. Like any job, I guess the secret's in the skills -
Shepherd your flock to success
Shepherd your flock to success By Simon Cooper Res Socius Last week I shared some thoughts on the subject of treating paralysis at executive level. Someone stopped by and told me they thought my wording was a little harsh. I don't agree it was. It is a
Shepherd your flock to success
Shepherd your flock to success By Simon Cooper Res Socius Last week I shared some thoughts on the subject of treating paralysis at executive level. Someone stopped by and told me they thought my wording was a little harsh. I don't agree it was. It is a
UNION MUST CHICKEN OUT OVER KFC WAGES
By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while
UNION MUST CHICKEN OUT OVER KFC WAGES
By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while
UNION MUST CHICKEN OUT OVER KFC WAGES
By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while
UNION MUST CHICKEN OUT OVER KFC WAGES
By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while
