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SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

Receiver dismisses 'uninsurable' Baha Mar allegations

Baha Mar's receiver yesterday dismissed claims by firebrand FNM MP, Dr Andre Rollins, that the $3.5 billion development is both "uninsurable" and will cost a further $1.8 billion to complete.

Investor group eyeing $20-$30m water sales

Investor group eyeing $20-$30m water sales By NEIL HARTNELL Tribune Business Editor The investor group that acquired the former Bacardi plant believes its ECH2O bottled water brand can generate $20-$30 million in annual sales in five to six years time,

CORRECTION

In a Tribune Business article published on Monday, April 16, 2012, entitled 'Hotel chief 'confident' nation closing on 2m stopovers before 2022', the Bahamas Hotel Association's (BHA) president was named as Stuart Miller. He is, of course, Stuart Bowe. Tr

BFSB and Commission hold summit 'captive'

The Bahamas Financial Services Board (BFSB) and the Insurance Commission of the Bahamas (ICB) have jointly attended a major international captive insurance conference. The two organisations were present at the annual International Conference of the Capti

AML TARGETS SECOND FREEPORT SOLOMON'S

BISX-listed food retail group, AML Foods, is looking to take over the former City Markets store in downtown Freeport and create around 50 jobs, Tribune Business was told last night. Details were sketchy, but it is thought the store - if it does go ahead -

AML TARGETS SECOND FREEPORT SOLOMON'S

BISX-listed food retail group, AML Foods, is looking to take over the former City Markets store in downtown Freeport and create around 50 jobs, Tribune Business was told last night. Details were sketchy, but it is thought the store - if it does go ahead -

AML TARGETS SECOND FREEPORT SOLOMON'S

BISX-listed food retail group, AML Foods, is looking to take over the former City Markets store in downtown Freeport and create around 50 jobs, Tribune Business was told last night. Details were sketchy, but it is thought the store - if it does go ahead -

AML TARGETS SECOND FREEPORT SOLOMON'S

BISX-listed food retail group, AML Foods, is looking to take over the former City Markets store in downtown Freeport and create around 50 jobs, Tribune Business was told last night. Details were sketchy, but it is thought the store - if it does go ahead -

AML TARGETS SECOND FREEPORT SOLOMON'S

BISX-listed food retail group, AML Foods, is looking to take over the former City Markets store in downtown Freeport and create around 50 jobs, Tribune Business was told last night. Details were sketchy, but it is thought the store - if it does go ahead -

GB Power launches client reconnections

GB Power launches client reconnections The Grand Bahama Power Company (GBPC) yesterday joined its Bahamas Electricity Corporation (BEC) counterpart in launching a residential customer reconnection program. All residential customers who have had electric

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US gov't report 'tremendous blow' to FDI attraction

US government criticisms have dealt “a tremendous blow” to the Bahamas’ prospects of attracting increased foreign direct investment (FDI) at a time when this nation most needs it, the Democratic National Alliance’s (DNA) leader said yesterday.

Winterbotham staffer passes Series 7 exam

Winterbotham staffer passes Series 7 exam The Winterbotham Trust Company's operations administrator, Jessica Thornley-Mitchell (pictured), has passed the Series 7 exam with a grade of 81 per cent after studying with the Nassau-based Securities Training I

CIBC WORKER PASSES SERIES 7

A corporate customer service representative at CIBC, Drameko Moore, passed the Series 7 exam in the US after studying with the Nassau-based Securities Training Institute (STI). Bettina Albury, STI's administrator, said: "Our investment training programme

CIBC WORKER PASSES SERIES 7

A corporate customer service representative at CIBC, Drameko Moore, passed the Series 7 exam in the US after studying with the Nassau-based Securities Training Institute (STI). Bettina Albury, STI's administrator, said: "Our investment training programme

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VAT readiness: PM warned that 'Clock ticking'

Prime Minister Perry Christie has been warned that “the clock is ticking” on the private sector’s Value-Added Tax (VAT) readiness, a Tax Coalition co-chair yesterday calling for the revised legislation and regulations to be published “as soon as possible”.

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'Five Baha Mars' needed to solve jobless crisis

The Bahamas needs “five Baha Mars going on” simultaneously to achieve the 5.5 per cent GDP growth necessary to slash existing unemployment by 50 per cent and absorb thousands of annual school leavers into the workforce.

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,