All results / Stories / Neil Hartnell
Gov’t told: Don’t adjust tariffs at ‘last minute’
The Government was yesterday warned it has one month to inform auto dealers about whether the industry’s Excise Tax rates will be lowered to compensate for Value-Added Tax (VAT), otherwise it may see revenue generated by the sector drop-off in the New Year.
PM 'in la la land' on Bimini as top PPP
A well-known QC yesterday said Prime Minister Prime Minister Perry Christie was “living in la la land” to tout the Resorts World Bimini development as the best example of a successful public-private sector partnership (PPP).
Deloitte to collect $100m in ‘bad’ BOB commercial loans
The Government yesterday confirmed Tribune Business’s disclosure earlier this week that Deloitte & Touche has been selected as the accounting firm charged with collecting on $100 worth of ‘bad’ commercial loans formerly belonging to Bank of the Bahamas.
Hotel industry 'holds its own'
The Bahamas' hotel industry generated a 6.2 per cent increase in room occupancy for the year to end-October 2011, something the Bahamas Hotel Association's (BHA) president said showed the sector was "holding its own". Stuart Bowe, senior vice-president at
Ansbacher in $2myacht lien battle
Ansbacher (Bahamas) is seeking to recover more than $2 million owed by a delinquent borrower by foreclosing on, and selling, his multi-million dollar yacht.
Police probe like 'sword of Damocles'
By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa
Police probe like 'sword of Damocles'
By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa
Police probe like 'sword of Damocles'
By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa
COLINA BLASTS POLICYHOLDER LAWSUIT AS 'EMBARRASSING'
By NEIL HARTNELL Tribune Business Editor Colina Insurance Company has slammed as "embarrassing" allegations that it "mis-sold and negligently misrepresented" the benefits of Universal Life insurance policies to five elderly Bahamian policyholders, who ha
COLINA BLASTS POLICYHOLDER LAWSUIT AS 'EMBARRASSING'
By NEIL HARTNELL Tribune Business Editor Colina Insurance Company has slammed as "embarrassing" allegations that it "mis-sold and negligently misrepresented" the benefits of Universal Life insurance policies to five elderly Bahamian policyholders, who ha
COLINA BLASTS POLICYHOLDER LAWSUIT AS 'EMBARRASSING'
By NEIL HARTNELL Tribune Business Editor Colina Insurance Company has slammed as "embarrassing" allegations that it "mis-sold and negligently misrepresented" the benefits of Universal Life insurance policies to five elderly Bahamian policyholders, who ha
‘Get out of dark ages’, Gov’t and unions told
* Reformer urges end to worker benefits focus * Calls for more productivity ‘to lift GDP growth’ * And wants wages ‘held’ at current levels
The Department of Labour must “get out of the dark ages” and focus on improved worker productivity if the Bahamas is to enjoy higher GDP growth, a governance reformer urged yesterday. Robert Myers, a principal with the Organisation for Responsible Governance (ORG), told Tribune Business that the Labour Department and trade unions needed to stop pushing for increased worker benefits “if we are to lift ourselves out of this socio-economic recession”. Arguing that both were still “singing the same old song”, Mr Myers called for wages and benefits to be “held” at present levels until the Bahamian economy generated improved GDP growth rates.
Governor: Data, privacy regimes may need reform
The Bahamas may have to reform its data and confidentiality regimes to mitigate the threat posed by the loss of correspondent banking relationships to the financial sector and wider economy, the Central Bank’s governor has warned.
KFC forces unions to put 'house in order'
KFC forces unions to put 'house in order' By NEIL HARTNELL Tribune Business Editor The Kentucky Fried Chicken (KFC) franchise's decision to cancel voluntary recognition of the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) will have "far reac
STOP 'DABBLING' IN RENEWABLE ENERGY
By NEIL HARTNELL Tribune Business Editor Rising oil prices could dampen the pace of Bahamian economic recovery, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) warned yesterday, emphasising the need for this nation to have "a true,
Colina Holdings profits 'moderated' at $5.6ms
Colina Holdings profits 'moderated' at $5.6ms BISX-listed Colina Holdings (Bahamas) last night said it achieved "moderated" net income of $5.6 million for its 2011 financial year, as its performance was impacted by the slow economy and cut in the Bahamia
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
IDB: Bahamas needs $560m 'adjustment'
The Bahamas needs a $560 million "adjustment" at present growth rates just to cut its debt-to-GDP ratio to 60 per cent by 2021, amid warnings this nation now lies on the fiscal "dark side".
Baha Mar remains Gov’ts economic ‘Achilles heel’
THE Bahamas Chamber of Commerce’s (BCCEC) chief executive yesterday said he was “sceptical on the timelines” for a Baha Mar resolution, describing the $3.5 billion project as the Government’s economic “Achilles heel”.
