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'STRAW THAT BREAKS THE CAMEL'S BACK'
By NEIL HARTNELL Tribune Business Editor Failure to implement crime-prevention methods "could be the straw that breaks the camel's back" for many struggling Bahamian companies, private sector leaders warned yesterday, with "slack" businesses more suscept
'STRAW THAT BREAKS THE CAMEL'S BACK'
By NEIL HARTNELL Tribune Business Editor Failure to implement crime-prevention methods "could be the straw that breaks the camel's back" for many struggling Bahamian companies, private sector leaders warned yesterday, with "slack" businesses more suscept
GROWTH FOCUS 'LATITUDE' VIA AML'S $10M PREF RESTRUCTURE
By NEIL HARTNELL Tribune Business Editor AML Foods says its latest preference share restructuring has given it "a tremendous amount of latitude" to focus on growth opportunities, having raised a further $4.28 million in capital and reduced dividend (inte
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.
Ex-Hard Rock franchisee queries transfer to ex-MP
Hard Rock Cafe's former Nassau franchisee has questioned why the business was so readily handed to its Bahamian landlord, when a decade earlier he had been "forced" to pay $1 million to end their partnership.
‘No guarantees’ for web shops
Web shop operators were yesterday said to be “very concerned” over the uncertainty and lack of any guarantees surrounding the industry’s impending legalisation.
US act to 'flip the model' for Bahamas
US act to 'flip the model' for Bahamas By NEIL HARTNELL Tribune Business Editor The impending US Foreign Account Tax Compliance Act (FATCA) will create a level playing field that might "flip the model" for many Bahamian financial institutions' attitudes
PHA: 20% local spend rise rebuts ‘wipe out’ fears
The Public Hospitals Authority (PHA) yesterday said the 20 per cent increase in spending with Bahamian pharmaceutical wholesalers over a two-year period proves that fears it is intent on “wiping out” the industry are groundless.
All Bahamians need the energy for conservation
Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre
All Bahamians need the energy for conservation
Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre
All Bahamians need the energy for conservation
Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre
US gov't report 'tremendous blow' to FDI attraction
US government criticisms have dealt “a tremendous blow” to the Bahamas’ prospects of attracting increased foreign direct investment (FDI) at a time when this nation most needs it, the Democratic National Alliance’s (DNA) leader said yesterday.
Pinder moves one year after ‘amazing’ deal
One year after receiving a “mind blowing” offer he was unable to turn down, former financial services minister Ryan Pinder yesterday confirmed his career is on the move again - this time to the Graham, Thompson & Co law firm as partner.
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
'PAYING THE PRICE' ON IMBALANCED POLICY RESPONSE
By NEIL HARTNELL Tribune Business Editor The Bahamas could end up "paying the price" for failing to employ a balanced countercyclical policy response to the 2007-2009 recession, a former finance minister warning yesterday this nation could find itself at
'PAYING THE PRICE' ON IMBALANCED POLICY RESPONSE
By NEIL HARTNELL Tribune Business Editor The Bahamas could end up "paying the price" for failing to employ a balanced countercyclical policy response to the 2007-2009 recession, a former finance minister warning yesterday this nation could find itself at
DON'T SETTLE FOR A SURVIVAL 'RUT'
By Ian Ferguson A paradigm is defined as a mindset or pattern of behaviour that appears to be the established norm. A paradigm shift, though, is the force driving individuals and organisations out of that prevailing mindset, propelling them towards a bri
KERZNER FORECLOSE WOULD COST $230M
By NEIL HARTNELL Tribune Business Editor Some $230 million in costs would be incurred just to foreclose on Kerzner International's Paradise Island properties, a Delaware judge questioning why Brookfield Asset Management should be the only one to potentia
Callenders & Co partner named 'real estate expert'
Callenders & Co partner named 'real estate expert' A Callenders & Co law firm partner, Chad Roberts, has been nominated by CorpINTL as the first real estate law expert in the Bahamas. Callenders & Co was also nominated as the 'recommended firm' for rea
BAHAMAS AT 'TOP OF PACK' ON WEALTH MANAGEMENT
By NEIL HARTNELL Tribune Business Editor Revised legislation will leave the Bahamas "at the top of the pack" among Caribbean financial centres when it comes to private wealth management, the Attorney General told Tribune Business yesterday. Lauding amend