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ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND

By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ

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

IMF fiscal reform delays 'may jeopardise recovery'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

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

BAHAMAS TOP RETAIL SPOT FOR FIRSTCARIB

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) accounted for the largest share of its Barbadian parent's retail banking revenues in the fiscal year ended on October 31, 2011, generating some $90.64 million or 44

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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.

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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.