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FUND TARGETS $500M-$1BN IN REAL ESTATE INVESTMENTS

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services provider yesterday said it was targeting between $500 million to $1 billion in asset-backed real estate securities investments for its newly-launched mutual fund, and seeking to expan

Liquidator targeting Govt’s $720k oil fee

Some $720,000 in oil exploration license fees that were paid to the Bahamas Government are being targeted by a Cayman-based liquidator, who has written to two Cabinet ministers seeking their assistance in recovering the funds.

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

Union: No concern over BEC manager integrity

A BEC union leader yesterday said he had no concern over the integrity of its preferred management partner due to assurances given by the Government, telling Tribune Business: “It is what it is”.

LEARN FROM NECESSITY AS OUR ANCESTORS DID

By Simon Cooper Res Socius The world changed irrevocably after the September 11 attacks and the international economic crisis, which keeps on rolling. Everything we believed in took a knock. People are a lot more cautious, and the employment umbrella we

Gov’t to commit on CLICO by year-end

The Government has pledged to make a public statement on its long-awaited CLICO (Bahamas) resolution by year-end, but one creditor yesterday said he “doesn’t expect a cheque will come” by Christmas.

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Miller confident on Robin Hood replacement

By NEIL HARTNELL Tribune Business Editor Robin Hood's landlord yesterday told Tribune Business he is extremely confident about finding a replacement tenant for the closing retailer, describing the Summerwinds Plaza location as "second to none" and "the b

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

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

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

Bahamians urged: Show ‘more ‘outrage’ over financial crimes

BAHAMIANS were yesterday urged to show “more outrage” over financial crime and poor business practices, a prominent cleric arguing that these had become “entrenched in our culture”.

PRIVATE SECTOR LOAN DEFAULTS HIT $301M

By NEIL HARTNELL Tribune Business Editor Almost one-third of commercial bank loans to Bahamian businesses are in arrears, something the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman described as a sign that economic recovery