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Gov't: No success on new Royal Oasis deal
Gov't: No success on new Royal Oasis deal By NEIL HARTNELL Tribune Business Editor The Government's efforts to encourage a deal that would see Grand Bahama's still-closed 840-room Royal Oasis resort change ownership have yet to bear fruit, the minister
COMMISSION URGED: TAKE 'STRONG ACTION' OVER CITY MARKETS
By NEIL HARTNELL Tribune Business Editor A well-known financial analyst yesterday urged the Securities Commission to take strong, swift public action to protect the 22 per cent minority investors in City Markets' operating company, warning that "the inte
Small Business Agency to avoid Mortgage Corp lending pitfalls
Small Business Agency to avoid Mortgage Corp lending pitfalls By NEIL HARTNELL Tribune Business Editor The proposed Agency to facilitate small and medium-sized business growth in the Bahamas is designed to avoid the pitfalls being experienced by the Bah
Potential West End investors coming in 'once a month'
By NEIL HARTNELL Tribune Business Editor The owners/developers of some 500 acres at Grand Bahama's West End are bringing potential investors to inspect the site at least "once a month", Tribune Business was told yesterday, and remain optimistic they can
Potential West End investors coming in 'once a month'
By NEIL HARTNELL Tribune Business Editor The owners/developers of some 500 acres at Grand Bahama's West End are bringing potential investors to inspect the site at least "once a month", Tribune Business was told yesterday, and remain optimistic they can
‘Penny wise and pound foolish’
A well-known surgeon has branded the Public Hospitals Authority’s (PHA) move to exclude Bahamian wholesalers from the pharmaceutical drugs supply chain as “penny wise and pound foolish”.
BROKERS 'CUT OUT' OF HOMEOWNERS INSURANCE MARKET
By NEIL HARTNELL Tribune Business Editor The outgoing Bahamas Insurance Brokers Association's (BIBA) president has again complained that ties between commercial banks and large brokers are "cutting everyone else out" of the homeowners insurance market, w
JUST 17% OF POOR GETTING BENEFITS
By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those
Realtor names top producers
Damianos Sotheby's International Realty has named its 2011 Top Producers. They are: Samira Coleby, for the Bahamas; Bill Albury, Abaco; and Jonathan Morris, Eleuthera. Reflecting on 2011, Ms Coleby said: "The market is changing; clients are continually ch
PUT NATIONAL INTEREST 'IN FACE' OF ATLANTIS PARTIES
By NEIL HARTNELL Tribune Business Editor The Government has been urged to publish a "broad Bahamian policy" on Atlantis, a former finance minister urging it to put this nation's interests "in the face" of the parties starting to fight over the resort's o
Opposition leader in ‘total dreamland’ over Freeport
FREEPORT businesses yesterday blasted the Opposition’s leader as being “in total dreamland” over his defence of the former government’s incentive regime.
QC urges 19% top earners income tax
A well-known QC yesterday urged the Bahamas to implement a 17-19 per cent income tax on persons earning over $50,000-$75,000 annually, arguing that fears of widespread evasion were overblown.
BAHAMIANS QUALIFY AS SANDALS BUTLERS
Nine Bahamians last week graduated from training at The Guild of Professional English Butlers, part of a move by Sandals Royal Bahamian to expand its butler staff. Some 21 butler rooms in its newly renovated Balmoral Towers will come on line soon. Patrick
BAHAMIANS QUALIFY AS SANDALS BUTLERS
Nine Bahamians last week graduated from training at The Guild of Professional English Butlers, part of a move by Sandals Royal Bahamian to expand its butler staff. Some 21 butler rooms in its newly renovated Balmoral Towers will come on line soon. Patrick
BAHAMIANS QUALIFY AS SANDALS BUTLERS
Nine Bahamians last week graduated from training at The Guild of Professional English Butlers, part of a move by Sandals Royal Bahamian to expand its butler staff. Some 21 butler rooms in its newly renovated Balmoral Towers will come on line soon. Patrick
BTC mobile competitor ‘not planning to lose’
The Bahamas’ second mobile operator says it is “not planning to lose”, as it kicked-off its market entrance with the introduction of the ‘Aliv’ brand, promising to deliver a superior experience and customer plans.
Ex-minister pledges to battle $2.57m reversal
An ex-Cabinet minister has pledged "to fight on principle" a $2.57 million damages award against himself and his law firm, which the Court of Appeal last week backed as enforceable.
Court: ‘No deal’ for 25,000 acre property
An $11.5 million deal to purchase the 25,000 acre property that was once Long Island’s largest employer cannot be concluded because there was never “an enforceable sales contract”, the Privy Council ruled yesterday.
Broker ‘in peril’ if it meets US demands
A Bahamian broker/dealer will “act at its peril” should it comply with US federal regulators’ demands to produce thousands of documents relevant to their ongoing New York legal battle.
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
