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FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

BROKERS LOSE 'TONNES OF BUSINESS' OVER SCOTIA GROUP POLICY

By NEIL HARTNELL Tribune Business Editor Bahamian insurance brokers have "lost tonnes of business" to Scotiabank (Bahamas) group homeowners insurance programme, a former Bahamas Insurance Brokers Association (BIBA) president yesterday saying both parties

BROKERS LOSE 'TONNES OF BUSINESS' OVER SCOTIA GROUP POLICY

By NEIL HARTNELL Tribune Business Editor Bahamian insurance brokers have "lost tonnes of business" to Scotiabank (Bahamas) group homeowners insurance programme, a former Bahamas Insurance Brokers Association (BIBA) president yesterday saying both parties

BROKERS LOSE 'TONNES OF BUSINESS' OVER SCOTIA GROUP POLICY

By NEIL HARTNELL Tribune Business Editor Bahamian insurance brokers have "lost tonnes of business" to Scotiabank (Bahamas) group homeowners insurance programme, a former Bahamas Insurance Brokers Association (BIBA) president yesterday saying both parties

IBC directors urged: 'Ensure all deals legit'

IBC directors urged: 'Ensure all deals legit' By NEIL HARTNELL Tribune Business Editor Bahamian financial services professionals were yesterday urged to take their responsibilities as International Business Company (IBC) directors seriously and "make su

BTC launches 4G in northwest Bahamas

BTC launches 4G in northwest Bahamas The Bahamas Telecommunications Company (BTC) has officially launched 4G services in the Berry Islands and Bimini. Jerome Sawyer, BTC's spokesman, said: "Travellers won't have to worry about sluggish download speeds, l

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

Atlantis situation shows need for 'Chapter 11 laws'

By NEIL HARTNELL Tribune Business Editor The Bahamas Trade Commission's co-chairman yesterday called for new laws that would allow troubled, debt-burdened Bahamian companies to restructure, pointing out that the only current available options - receivers

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IMF's 2.5% Bahamas growth is 'a stretch'

THE Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday said it would "really be a stretch" for the Bahamian economy to achieve the newly-released International Monetary Fund's (IMF) projected 2.5 per cent GDP growth rate for 2012, unless it and the Government knew something 'outsiders' did not.

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes