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$30m Town Centre 'shooting' for Xmas 2012 completion

$30m Town Centre 'shooting' for Xmas 2012 completion By NEIL HARTNELL Tribune Business Editor New Providence Development Company is "aggressively shooting" to have its $30 million Old Fort Bay Town Centre fully operational by Christmas 2012, Tribune Bus

ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

Gov't urged: 'Change air cargo fines today'

The Government has been urged to "amend right away this Monday" the new and increased Customs sanctions on air cargo operators, a Bahamian courier company branding them "ridiculous".

$60m project 'hits the pedal'

By NEIL HARTNELL Tribune Business Editor An eastern New Providence real estate development is set to take its full capital investment to $60 million by year-end, after its weekend 'open house' produced a "phenomenal turnout" of 400 visitors and five prop

$60m project 'hits the pedal'

By NEIL HARTNELL Tribune Business Editor An eastern New Providence real estate development is set to take its full capital investment to $60 million by year-end, after its weekend 'open house' produced a "phenomenal turnout" of 400 visitors and five prop

Mango provider eyes staff, retail 'ramp up'

Mango provider eyes staff, retail 'ramp up' By NEIL HARTNELL Tribune Business Editor Transfer Solutions Providers (TSP), the Mango card provider, yesterday said it was planning "within two-three months" to ramp up staff levels to 20-25 employees and ope

Religious broadcaster endorses the Bahamas

A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu

Religious broadcaster endorses the Bahamas

A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu

Insurers ‘not oblivious’ to Bahamas sanctions threat

THE insurance industry “is not oblivious” to the need for the Bahamas to comply with global anti-financial crime standards and avoid sanctions, its chairman said yesterday.

$20M FIRE LOSSES 'UNPRECEDENTED'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian general insurer yesterday said the pre-recession 60/40 split in its auto book had been reversed in favour of third party coverage, with 2011 an "unprecedented" year for large fire-related claims

CHAMBER CHIEF 'VERY CONCERNED' AT $300M BAD BUSINESS LOANS

By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday described as "very concerning" the almost-$300 million worth of 'bad loans' to the private sector, with January's $10.6 mill

CHAMBER CHIEF 'VERY CONCERNED' AT $300M BAD BUSINESS LOANS

By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday described as "very concerning" the almost-$300 million worth of 'bad loans' to the private sector, with January's $10.6 mill

Leading importers face ‘major’ VAT uncertainty

Major importers were yesterday said to be facing “major” uncertainty over how Customs will calculate duty rates post-January 1, a factor that is preventing them from making essential computer system adjustments.

FNM deputy fears ‘bubble pop’ over infrastructure spend

The Government’s lack of investment in infrastructure will be “a bubble that pops” on the next administration, the Opposition’s finance spokesman warned yesterday, adding that this was contrary to the International Monetary Fund’s (IMF) advice.

LANDFILL SOLUTION REMAINS 20-30MW WASTE-ENERGY PLAN

By NEIL HARTNELL Tribune Business Editor The Government is still targeting a waste-to-energy plant that could produce 7-10 per cent of the Bahamas Electricity Corporation's (BEC) installed capacity as the 'end game' solution for the Tonique Williams-Darl

Public spending to rise 'less than 0.1% of GDP' via wage freeze end

Public spending to rise 'less than 0.1% of GDP' via wage freeze end Sub-Deck: * Gov't acknowledges major difference with IMF over 'timing and will for major tax reform' * Debt Management Committee set up to oversee Bahamas' fiscal position By NEIL HA