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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
Religious broadcaster endorses the Bahamas
A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu
Religious broadcaster endorses the Bahamas
A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu
FINCO non-accruals strike 11.84% mark
FINCO non-accruals strike 11.84% mark By NEIL HARTNELL Tribune Business Editor Finance Corporation of the Bahamas (FINCO) saw its non-performing loans increase by less than 1 per cent or $519,000 during the first quarter of its 2012 financial year, hitt
FINCO non-accruals strike 11.84% mark
FINCO non-accruals strike 11.84% mark By NEIL HARTNELL Tribune Business Editor Finance Corporation of the Bahamas (FINCO) saw its non-performing loans increase by less than 1 per cent or $519,000 during the first quarter of its 2012 financial year, hitt
BELLEVUE OPENS LATEST DIVISION
Bellevue Business Depot has opened its latest division, Bellevue Contract Furnishings & Design. "The concept of the Bellevue Contract Furnishings & Design has been quietly brewing in the background of Bellevue Business Depot," said Monique Graham, manag
Roberts: Abaco interests up 11%
SUPER Value's owner has told Tribune Business that Abaco has proven "more resilient" to the global recession than any other Bahamas island, with his interests on the island seeing an 11 per cent increase in business year-over-year.
THE 'BAHAMIAN DREAM' HAS SOURED FOR SO MANY
Anyone who reads the local newspapers cannot help but notice the large number of distressed Bahamian homes advertised for sale by banks under their mortgage powers. Never before in the history of the Bahamas have so many families suffered the humiliation,
Road project borrowing to strike $206m
Road project borrowing to strike $206m By NEIL HARTNELL Tribune Business Editor Both the Government and Opposition PLP yesterday effectively attempted to blame the other for the poor management and huge cost overruns impacting the controversial New Prov
Nassau world’s 5th most expensive city for hotel vacations
Nassau’s was yesterday ranked as the fifth most expensive city in the world for hotel accommodation, a finding that will further raise concern that this nation is slowly pricing itself out of the global tourism market.
Bahamasair's $120m finance for new fleet
Two major global financial institutions have been hired to raise $120 million for Bahamasair before year-end, Tribune Business can reveal.
Five years until Credit Bureau is ‘meaningful’
Commonwealth Bank’s president yesterday said it could take up to five years for the proposed Credit Bureau to become a “meaningful tool” for commercial banks, due to the time required to build its database.
MP fears Baha Mar impact on sovereign rating
An Opposition MP yesterday warned that the Bahamas’ sovereign creditworthiness could be “very negatively” impacted if the $3.5 billion Baha Mar project fails to open within the next three to six months.
QC demands new Port ownership
A well-known QC has called for new ownership and management at the Grand Bahama Port Authority (GBPA), arguing that this is a major reason for Freeport’s “listlessness”.
MSC warns over Customs change shipment delays
The world’s second largest cargo shipper has warned Bahamian companies that their imports will be delayed “until the next sailing” if manifests are not made for compliance with Bahamas Customs’ new requirements.
‘Deceptive indicators’ hurt Budget estimates
The Chamber of Commerce’s chairman believes the use of “misnomers and deceptive indicators” are causing the Government to consistently miss unrealistic Budget and fiscal targets.
BOB two years from profitability
Prime Minister Perry Christie yesterday revealed it will take a further two years for Bank of the Bahamas to return to profitability, as he confirmed plans to recapitalise the troubled institution.
