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SMALL BUSINESS BILL DISCUSSION TARGET BEFORE 2012 ELECTION

By NEIL HARTNELL Tribune Business Editor A government minister says he is "reasonably certain" that broad consultation with stakeholders on the much-awaited Small and Medium-Sized Business (SME) Development Bill can be held prior to the general election,

CLICO liquidator saves $670,000 from IRS clutches

CLICO liquidator saves $670,000 from IRS clutches By NEIL HARTNELL Tribune Business Editor CLICO (Bahamas) liquidator has freed up "significant cash" worth some $670,000 by negotiating a settlement of the US Internal Revenue Service's (IRS) tax claim ag

SECOND BAHAMIAN JOINS NAD TOP RANK

A second Bahamian has joined the Nassau Airport Development Company's (NAD) top executive ranks. Kevin McDonald has been appointed to the position of vice-president of maintenance and engineering, with effect from January 1, 2012. He will also become an

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PM says: ‘Make best of bad situation’ on VAT

A “very conciliatory” Prime Minister Perry Christie has urged the private sector to “make the most of a bad situation” on Value-Added Tax (VAT) and its implementation, Tribune Business can reveal.

CIBC FirstCaribbean explores US listing

CIBC FirstCaribbean’s parent yesterday confirmed its subsidiary is exploring a US stock exchange listing, a move likely to stoke speculation of a Canadian bank withdrawal from the region.

CARIBBEAN FIRM TO TAKE OVER TOP TOUR DESTINATION

By NEIL HARTNELL Tribune Business Editor A leading New Providence tourist attraction is set to be transformed into a "first class destination" via an investment worth "millions" of dollars, Tribune Business can reveal, with its Bahamian owners set to sel

BTC unveiling changes to directory assistance

BTC unveiling changes to directory assistance The Bahamas Telecommunications Company (BTC) yesterday unveiled plans to transform its 916 directory assistance calls service from July 1, 2012, with charges after the first three free calls said to be below

BTC unveiling changes to directory assistance

BTC unveiling changes to directory assistance The Bahamas Telecommunications Company (BTC) yesterday unveiled plans to transform its 916 directory assistance calls service from July 1, 2012, with charges after the first three free calls said to be below

BFSB makes Landfall in Miami and Europe

BFSB makes Landfall in Miami and Europe The Bahamas Financial Services Board's (BFSB) main promotional event is set to make Landfall in Europe and Miami in June, as it seeks to educate intermediaries and their high net worth clients on what this jurisdi

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BREA ‘emergency’ on ex-minister’s legal win

The Bahamas Real Estate Association’s (BREA) Board will tomorrow hold “an emergency meeting” to determine its response to losing a legal battle with a former Cabinet Minister.

Bahamas ‘must get it right first time’ on tourism value

The Bahamas Hotel and Tourism Association’s (BHTA) president has warned that this nation will suffer reduced stopover arrivals unless its product value improves, adding: “We need to get it right first time.”

Ex-minister: Dingman case 'waste of judicial resources'

Trying the $1.1 million damages claim against Jamie Dingman's failed Nassau restaurant empire in New York will be "a waste of judicial resources", a former Cabinet minister is arguing.

Web shop owner in $27m bank rescue

By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r

Web shop owner in $27m bank rescue

By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r

Web shop owner in $27m bank rescue

By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r

Buyers 'pull back' on Moody's threat

International buyers are "pulling back" due to uncertainties caused by Moody's threatened downgrading of the Bahamas to 'junk' status, realtors have warned.

BELLEVUE OPENS LATEST DIVISION

Bellevue Business Depot has opened its latest division, Bellevue Contract Furnishings & Design. "The concept of the Bellevue Contract Furnishings & Design has been quietly brewing in the background of Bellevue Business Depot," said Monique Graham, manag

'SERIOUS' CUSTOMS WOES UNDERMINING FDI, TRADE

By NEIL HARTNELL Tribune Business Editor The Customs Department's "serious institutional and operational limitations", particularly an information management system more than 20 years-old, are undermining the Bahamas' trade competitiveness and ability "t

'SERIOUS' CUSTOMS WOES UNDERMINING FDI, TRADE

By NEIL HARTNELL Tribune Business Editor The Customs Department's "serious institutional and operational limitations", particularly an information management system more than 20 years-old, are undermining the Bahamas' trade competitiveness and ability "t

Mayaguana deal 'tremendous coup' for government

Mayaguana deal 'tremendous coup' for government By NEIL HARTNELL Tribune Business Editor The Hotel Corporation's chairman has described the revised Heads of Agreement for the I-Group's Mayaguana development as "a tremendous political coup" for the Ingra