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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
$1.23M PREFERENCE PAYOUT CAUSES BOB INVESTORS Q1 LOSS
By NEIL HARTNELL Tribune Business Editors Bank of the Bahamas International's ordinary shareholders suffered a minor $141,676 loss during the institution's fiscal 2012 first quarter, as timing issues related to $1.231 million in preference share dividend
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
Finlaysons eye JV partner for City Markets
By NEIL HARTNELL Tribune Business Editor The Finlayson family is seeking a joint venture partner that would acquire a majority equity stake in the City Markets supermarket chain from it, high-level sources have told Tribune Business, with talks being hel
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st
Govt told: ‘Stop bragging’ about $852m VAT funds
The Opposition’s finance spokesman yesterday urged the Government to “stop bragging” about its $852 million VAT revenues, as this represented monies sucked away from Bahamian consumers and businesses.
AML chair: three food retail players likely to survive
By NEIL HARTNELL Tribune Business Editor The Bahamian food retail market will ultimately be dominated by just three major players, AML Foods' chairman telling Tribune Business in the wake of Robin Hood's demise that consolidation was "inevitable". Dionis
'PAYING THE PRICE' ON IMBALANCED POLICY RESPONSE
By NEIL HARTNELL Tribune Business Editor The Bahamas could end up "paying the price" for failing to employ a balanced countercyclical policy response to the 2007-2009 recession, a former finance minister warning yesterday this nation could find itself at
'PAYING THE PRICE' ON IMBALANCED POLICY RESPONSE
By NEIL HARTNELL Tribune Business Editor The Bahamas could end up "paying the price" for failing to employ a balanced countercyclical policy response to the 2007-2009 recession, a former finance minister warning yesterday this nation could find itself at
Sarkis loss ‘over $3bn’ if Baha Mar hit targets
Sarkis Izmirlian would so far have “lost more than $3bn” in potential profits alone if the Baha Mar resort from which he was ousted hit his financial projections, an analyst’s report has calculated.
HOME BUYERS LOSE $81K OVER STAMP DUTY 'LOOPHOLE'
By NEIL HARTNELL Tribune Business Editor Some 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was reveal
HOME BUYERS LOSE $81K OVER STAMP DUTY 'LOOPHOLE'
By NEIL HARTNELL Tribune Business Editor Some 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was reveal
HOME BUYERS LOSE $81K OVER STAMP DUTY 'LOOPHOLE'
By NEIL HARTNELL Tribune Business Editor Some 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was reveal
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
