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$60m project 'hits the pedal'
By NEIL HARTNELL Tribune Business Editor An eastern New Providence real estate development is set to take its full capital investment to $60 million by year-end, after its weekend 'open house' produced a "phenomenal turnout" of 400 visitors and five prop
Homebuilder at '1/3 of pre-crisis levels'
Homebuilder at '1/3 of pre-crisis levels' Sub-Deck: * Arawak Homes chief says foreclosed properties creating over-supply further depressing market * Says IMF suggesting 'current public policy not adequate' * Bahamian living standards 'in decline' File
HOMEBUILDER AT '1/3 OF PRE-CRISIS LEVELS'
By NEIL HARTNELL Tribune Business Editor A leading Bahamian property developer yesterday told Tribune Business that homebuilding activity is down to "one-third of where it used to be" pre-recession, with the company now having to compete against an over-
Homebuilder at '1/3 of pre-crisis levels'
Homebuilder at '1/3 of pre-crisis levels' By NEIL HARTNELL Tribune Business Editor A leading Bahamian property developer yesterday told Tribune Business that homebuilding activity is down to "one-third of where it used to be" pre-recession, with the com
Homebuilder at '1/3 of pre-crisis levels'
Homebuilder at '1/3 of pre-crisis levels' By NEIL HARTNELL Tribune Business Editor A leading Bahamian property developer yesterday told Tribune Business that homebuilding activity is down to "one-third of where it used to be" pre-recession, with the com
Homebuilder at '1/3 of pre-crisis levels'
Homebuilder at '1/3 of pre-crisis levels' By NEIL HARTNELL Tribune Business Editor A leading Bahamian property developer yesterday told Tribune Business that homebuilding activity is down to "one-third of where it used to be" pre-recession, with the com
Homebuilder at '1/3 of pre-crisis levels'
Homebuilder at '1/3 of pre-crisis levels' By NEIL HARTNELL Tribune Business Editor A leading Bahamian property developer yesterday told Tribune Business that homebuilding activity is down to "one-third of where it used to be" pre-recession, with the com
LANDFILL SOLUTION REMAINS 20-30MW WASTE-ENERGY PLAN
By NEIL HARTNELL Tribune Business Editor The Government is still targeting a waste-to-energy plant that could produce 7-10 per cent of the Bahamas Electricity Corporation's (BEC) installed capacity as the 'end game' solution for the Tonique Williams-Darl
Developer seeks $10m in new equity finance
The developers behind Eleuthera’s French Leave Resort and Marina yesterday said they were “cautiously optimistic” about securing an additional $10 million in equity financing to fund the build-out of 20 more villas.
Religious broadcaster endorses the Bahamas
A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu
Religious broadcaster endorses the Bahamas
A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu
FINCO non-accruals strike 11.84% mark
FINCO non-accruals strike 11.84% mark By NEIL HARTNELL Tribune Business Editor Finance Corporation of the Bahamas (FINCO) saw its non-performing loans increase by less than 1 per cent or $519,000 during the first quarter of its 2012 financial year, hitt
FINCO non-accruals strike 11.84% mark
FINCO non-accruals strike 11.84% mark By NEIL HARTNELL Tribune Business Editor Finance Corporation of the Bahamas (FINCO) saw its non-performing loans increase by less than 1 per cent or $519,000 during the first quarter of its 2012 financial year, hitt
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
Bahamasair's $120m finance for new fleet
Two major global financial institutions have been hired to raise $120 million for Bahamasair before year-end, Tribune Business can reveal.
Five years until Credit Bureau is ‘meaningful’
Commonwealth Bank’s president yesterday said it could take up to five years for the proposed Credit Bureau to become a “meaningful tool” for commercial banks, due to the time required to build its database.
MP fears Baha Mar impact on sovereign rating
An Opposition MP yesterday warned that the Bahamas’ sovereign creditworthiness could be “very negatively” impacted if the $3.5 billion Baha Mar project fails to open within the next three to six months.
‘Wonderful opportunity’ for Long Island revival
The resolution to a 10-year dispute over Long Island’s one-time largest employer presents “a wonderful opportunity” to revive the island’s economy, its MP yesterday describing the surrounding area as “ghost town”.
QC demands new Port ownership
A well-known QC has called for new ownership and management at the Grand Bahama Port Authority (GBPA), arguing that this is a major reason for Freeport’s “listlessness”.
MSC warns over Customs change shipment delays
The world’s second largest cargo shipper has warned Bahamian companies that their imports will be delayed “until the next sailing” if manifests are not made for compliance with Bahamas Customs’ new requirements.
