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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

ENJOYMENT REMAINS PASSPORT TO SUCCESS

By Simon Cooper Res Socius Choose to do what you enjoy. This is a strange notion, although I often get round to discussing it with clients. In fact, it might surprise you to know how many square-pegs in round-holes there are out there in Nassau. I'm talk

FUND TARGETS $500M-$1BN IN REAL ESTATE INVESTMENTS

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services provider yesterday said it was targeting between $500 million to $1 billion in asset-backed real estate securities investments for its newly-launched mutual fund, and seeking to expan

CARIBBEAN FIRM TO TAKE OVER TOP TOUR DESTINATION

By NEIL HARTNELL Tribune Business Editor A leading New Providence tourist attraction is set to be transformed into a "first class destination" via an investment worth "millions" of dollars, Tribune Business can reveal, with its Bahamian owners set to sel

Business Licence's real property tax 'tie' questioned

By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman last night questioned whether it was legal for the Government to link Business Licence renewals to full real property tax compliance,

Business Licence's real property tax 'tie' questioned

By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman last night questioned whether it was legal for the Government to link Business Licence renewals to full real property tax compliance,

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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

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BAHAMAS TO BECOME 'CRUISE NO.1' IN 2012

By NEIL HARTNELL Tribune Business Editor The Bahamas is expected to "exceed" and surpass Cozumel as the Caribbean's leading cruise destination if it maintains its current growth rate, the minister of tourism said, with 2011 stopover visitors to this nati

FOOD 'FLAGSHIP' IN 'SURPRISE SUCCESS'

By NEIL HARTNELL Tribune Business Editor A well-known Bahamian businessman yesterday said he had been "terribly surprised with the success" of his 22 year-old company in "carrying the flagship of Bahamian food", as it moves to "regroup" and consolidate i

FOOD 'FLAGSHIP' IN 'SURPRISE SUCCESS'

By NEIL HARTNELL Tribune Business Editor A well-known Bahamian businessman yesterday said he had been "terribly surprised with the success" of his 22 year-old company in "carrying the flagship of Bahamian food", as it moves to "regroup" and consolidate i

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Gov't accounting switch 'fantastic'

The Government’s planned switch to an accrual financial reporting system has been praised as “fantastic”, a leading accountant arguing it will boost accountability and improve Budget planning.

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

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Bank braces for $2.4m tax impact

Bank of the Bahamas is bracing for a $2.4 million fourth quarter hit from the 3 per cent ‘bank tax’ unveiled in the 2013-2014 Budget, its managing director yesterday expressing “cautious optimism” it would return to profitability in its 2015 financial year.

COMPETITIVE AIR FARES, BUT 2/3 OF ROUTES ARE MONOPOLY

By NEIL HARTNELL Tribune Business Editor The Bahamian air transport market's competitiveness is not being impaired by the fact over two-thirds of its international routes are serviced by just one carrier, a draft national aviation policy revealing that t

ENDING SACRED COWS CAN BE CONSTRUCTIVE

By Simon Cooper Res Socius There's an ebb and flow to everything in life. The tides go in and out. After harvest we return the stubble to the field. When we die our mortal remains return to earth or sea. As one business dies, the competition claims its p

Bank warns on provisions rise

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling

Bank warns on provisions rise

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling

Telecoms ain't nothin' but a portable number

Age ain't nothin but a number. And so, apparently, is communications. Especially when it comes to finally, oh finally, fostering some competition in the Bahamian market, if the regulator had not seemingly bottled it. For the Utilities Regulation & Competi

Telecoms ain't nothin' but a portable number

Age ain't nothin but a number. And so, apparently, is communications. Especially when it comes to finally, oh finally, fostering some competition in the Bahamian market, if the regulator had not seemingly bottled it. For the Utilities Regulation & Competi

Telecoms ain't nothin' but a portable number

Age ain't nothin but a number. And so, apparently, is communications. Especially when it comes to finally, oh finally, fostering some competition in the Bahamian market, if the regulator had not seemingly bottled it. For the Utilities Regulation & Competi