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NHI: Gov’t warned on ‘significant error’
The Government is “making a significant error” over National Health Insurance (NHI) by allowing the initiative to become potentially “divisive”, a well-known businessman warned yesterday.
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
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
NAD READIES FOR 10,000 PASSENGER EASTER PERIOD
The Nassau Airport Development Company (NAD) is gearing up for an Easter weekend when it is likely to process up to 10,000 passengers, this week marking five years since it took over day-to-day operations at the Lynden Pindling International Airport (LPIA
NAD READIES FOR 10,000 PASSENGER EASTER PERIOD
The Nassau Airport Development Company (NAD) is gearing up for an Easter weekend when it is likely to process up to 10,000 passengers, this week marking five years since it took over day-to-day operations at the Lynden Pindling International Airport (LPIA
Bank hosts car show
Bank hosts car show Royal Bank of Canada's (RBC) Grand Bahama branch hosted its 'March Madness' car show last weekend at its premises in downtown Freeport. "We invited all persons interested in purchasing a new vehicle to take advantage of RBC's on-the-
Pensioners left with 30% in City Markets HQ sale
* Claim trustees ‘not acting in our best interest’ * Trustees retain 27% of $3m sale to AML Foods * And lawyer paid almost one-third of proceeds
City Markets pensioners have been “kept in the dark” over the $3 million sale of the plan’s main asset, with just 30 per cent of the proceeds seemingly left for their benefit.
Royal Bank takes top wealth management honours in Caribbean
Royal Bank of Canada's (RBC) regional wealth management arm has been recognised for providing the best private banking services in the Caribbean by Euromoney, a global banking publication. RBC, which markets itself as the sixth largest wealth manager in t
Insurers blast NHI consulting 'facade'
The Bahamas Insurance Association's (BIA) chairman yesterday said the industry remains "vehemently opposed" to the Government's 'public insurer', and slammed its National Health Insurance (NHI) consultation process as "a facade".
‘Lessons must be learnt’ from Baha Mar’s chinese woe
Lessons must be learned from Baha Mar’s construction woes to ensure other Chinese-led investment projects avoid similar delays, a leading contractor yesterday noting the same company is poised to begin the British Colonial Hilton’s $200 million redevelopment.
Central Bank gives Govt ‘an uppercut’
The Central Bank of the Bahamas yesterday delivered “an uppercut” to the Government’s fiscal projections, urging it to rein in spending amid a $266 million deficit for the first 10 months of the 2015-2016 fiscal year.
$225m World Mart principals 'very encouraged' over Chinese meetings
ONCE of the principals behind the proposed $225 million trade market proposed for Freeport yesterday told Tribune Business they were "very encouraged" by the outcome of meetings with China-based strategic partners, and hoped to engage the new PLP government over a Heads of Agreement for the project shortly.
AG: We’ll deal with ‘major slippage’ in anti-launder regime
THE Attorney General yesterday pledged to address the Bahamas’ “significant slippage” in the battle against financial crime through roll-out of its National Risk framework before year-end.
Gov't warned: 'We can't take another shock' with NHI
The Government was yesterday warned that National Health Insurance (NHI) would not succeed without private sector buy-in, one executive warning: "The economy cannot take another shock." Edison Sumner, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chief executive, told Tribune Business that an unsustainable NHI programme could have "catastrophic effects for a fragile economy" that was still bedding down Value-Added Tax (VAT).
Bahamasair eyes 'break even' despite $21m loss
Bahamasair eyes 'break even' despite $21m loss By NEIL HARTNELL Tribune Business Editor Despite being on target for a $21 million loss in its 2011-2012 financial year, Bahamasair's chairman says the airline is trending in the right direction and eventua
Gov't urged: End 'ridiculous foot dragging' on BEC
The Government has been urged to end its "ridiculous foot dragging" over the Bahamas Electricity Corporation's (BEC) part-privatisation and wider energy reform, as the private sector readies its own study on the issue.
Bahamasair suffers $8.5m income loss
BAHAMASAIR has warned the trade union rep- resenting its line staff that it faces “stark financial realities”, having lost $8.5 million in income this financial year with the possibility of further setbacks to come.
AIRLINE HOPES LPIA WOES STAY BELOW $100,000
By NEIL HARTNELL Tribune Business Editor A leading Bahamian-owned airline yesterday said it was hoping that extra fuel and overtime costs incurred due to delays at Lynden Pindling International Airport (LPIA) over the Christmas-New Year week did not hit
