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SEC moving for sanctions against broker’s principal
US federal regulators are seeking sanctions and a default judgment against the Bahamian principal of a broker/dealer for failure to comply with a New York court’s order.
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.
Landfill chief: ‘Don’t read anything’ into our CEO transition
Renew Bahamas’ principal shareholder yesterday said “nothing can be read” into his stepping down as the New Providence landfill manager’s chief executive, as concerns persist over its financial health.
ROAD PROJECT WAGES 50% BELOW 'NORMS'
By NEIL HARTNELL Tribune Business Editor Wages paid to skilled Bahamian tradesmen by the main New Providence Road Improvement Project contractor were around 50 per cent below market norms, the Bahamian Contractors Association's (BCA) president said yeste
ROAD PROJECT WAGES 50% BELOW 'NORMS'
By NEIL HARTNELL Tribune Business Editor Wages paid to skilled Bahamian tradesmen by the main New Providence Road Improvement Project contractor were around 50 per cent below market norms, the Bahamian Contractors Association's (BCA) president said yeste
ROAD PROJECT WAGES 50% BELOW 'NORMS'
By NEIL HARTNELL Tribune Business Editor Wages paid to skilled Bahamian tradesmen by the main New Providence Road Improvement Project contractor were around 50 per cent below market norms, the Bahamian Contractors Association's (BCA) president said yeste
Bahamas can take $5-$10bn premium 'captive' with focus
Bahamas can take $5-$10bn premium 'captive' with focus By NEIL HARTNELL Tribune Business Editor The Bahamas could attract between $5-$10 billion in premium income within five years if it made a concerted effort to re-establish itself as a captive insura
Despite 42% productivity rise, BTC off on 'efficiency'
By NEIL HARTNELL Tribune Business Editor Despite beating many countries via a 42 per cent improvement in a key productivity benchmark between 2006-2009, the sector regulator last night suggested the Bahamas Telecommunications Company's (BTC) 2010 account
Developer incurs 'north of $3m' in legal battle costs
By NEIL HARTNELL Tribune Business Editor Arawak Homes has incurred legal costs "north of $3 million" over the past 15 years in defending its title to land in Nassau's Sir Lynden Pindling Estates, its president telling Tribune Business yesterday that "up
Developer incurs 'north of $3m' in legal battle costs
By NEIL HARTNELL Tribune Business Editor Arawak Homes has incurred legal costs "north of $3 million" over the past 15 years in defending its title to land in Nassau's Sir Lynden Pindling Estates, its president telling Tribune Business yesterday that "up
‘Don’t squander’ tax reform opportunity
THE Bahamas was yesterday urged “not to squander the opportunity” presented by outside pressures to undertake comprehensive tax reform and reposition its economy.
Atlantis takeover 'best thing that ever happened'
By NEIL HARTNELL Tribune Business Editor Brookfield Asset Management's ownership takeover at Atlantis and the One & Only Ocean Club has been described by a leading accountant as "the best thing that ever happened for the Bahamas". Raymond Winder, managin
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.
Bahamas ‘falls off map’ on Caribbean hospitality lending
The Bahamas has ‘dropped off the map’ among traditional bank lenders to the hotel/tourism industry, with this nation failing to feature among the top 10 Caribbean destinations for new lending.
NHI: Gov’t warned on ‘significant error’
The Government is “making a significant error” over National Health Insurance (NHI) by allowing the initiative to become potentially “divisive”, a well-known businessman warned yesterday.
Atlantis situation shows need for 'Chapter 11 laws'
By NEIL HARTNELL Tribune Business Editor The Bahamas Trade Commission's co-chairman yesterday called for new laws that would allow troubled, debt-burdened Bahamian companies to restructure, pointing out that the only current available options - receivers
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Sky mulls US pull back after 15-20% loads
By NEIL HARTNELL Tribune Business Editor Sky Bahamas is "reviewing daily" whether it will reduce its US flight schedule or withdraw from that market completely, its president telling Tribune Business yesterday that load factors on some flights were down
