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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
Kosoy, Sterling eye Hurricane Hole deal
David Kosoy’s Sterling Global Financial is in negotiations to acquire Paradise Island’s Hurricane Hole property from Atlantis’s owner, Tribune Business can reveal.
CCA: WE SHOULD TAKE ADVANTAGE OF BAHAMAS – Contractor reached out for help to son of top govt advisor
Baha Mar's main contractor asked the son of Perry Christie's top policy adviser to intervene when his father proposed changing The Pointe's Heads of Agreement over how many Bahamian construction workers would be employed.
Minister to activists: Don’t deny us jobs
A Cabinet Minister yesterday urged environmental activists to be “balanced and responsible” when launching legal actions against legitimate developers, warning that these could deny Bahamians much-needed “economic benefits”.
ROAD PROJECT WAGES 50% BELOW 'NORMS'
By NEIL HARTNELL Tribune Business Editor Wages paid to skilled Bahamian tradesmen by the main New Providence Road Improvement Project contractor were around 50 per cent below market norms, the Bahamian Contractors Association's (BCA) president said yeste
ROAD PROJECT WAGES 50% BELOW 'NORMS'
By NEIL HARTNELL Tribune Business Editor Wages paid to skilled Bahamian tradesmen by the main New Providence Road Improvement Project contractor were around 50 per cent below market norms, the Bahamian Contractors Association's (BCA) president said yeste
ROAD PROJECT WAGES 50% BELOW 'NORMS'
By NEIL HARTNELL Tribune Business Editor Wages paid to skilled Bahamian tradesmen by the main New Providence Road Improvement Project contractor were around 50 per cent below market norms, the Bahamian Contractors Association's (BCA) president said yeste
City Markets sale may close 'within 2 weeks'
City Markets sale may close 'within 2 weeks' By NEIL HARTNELL Tribune Business Editor City Markets' weekend 'Blow Out' sale was designed to clear all existing inventory prior to the supermarket chain's purchase, its current majority owner revealing a de
‘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.
Contractor loses ‘millions’ in 4-year BEC theft fight
A former Bahamian Contractors Association (BCA) president yesterday said his business had lost “millions of dollars” during his four-year fight against electricity theft charges, and he was now trying “to put the pieces together again”.
‘No way’ Bahamas can be cut to junk
There is “no way” that Moody’s can cut the Bahamas to ‘junk’ status because it is still meeting all its debt obligations as they become due, a former finance minister argued yesterday.
Buyers 'pull back' on Moody's threat
International buyers are "pulling back" due to uncertainties caused by Moody's threatened downgrading of the Bahamas to 'junk' status, realtors have warned.
QC: VAT rejected if no ‘value for money’
The Bahamian people will not accept Value-Added Tax (VAT) unless the Government convinces them they will receive “value for money” in return, a top QC warned yesterday.
Gaming Board lacks ‘oversight structure’ for numbers houses
* Minister: Changes to make regulator ‘more relevant’ * Gaming Board will ‘look very different’ in five years * ‘92,000 didn’t vote for us to maintain status quo’
RECENT downsizings are intended to make the Gaming Board “more relevant” and help it cope with the “seismic changes” created by web shops, a Cabinet minister said yesterday. Dionisio D’Aguilar, who has ministerial responsibility for gaming, told Tribune Business that the industry regulator will “look extremely different from the Gaming Board of today within five years”.
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
