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THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w

THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w

The bigger picture on local buying

Use Chamber voice logo. Byline 'By Ian Ferguson', and use Pic of him The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Clevel

Next two years 'great time' for capital raising

Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s

Next two years 'great time' for capital raising

Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s

Next two years 'great time' for capital raising

Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s

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$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

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BTC to complete Abaco cell overhaul in mid-May

THE Bahamas Telecommunications Company (BTC) is set to complete its wireless system overhaul on Abaco and the northern Bahamas by mid-May, giving customers improved cellular service, including faster speeds for downloads and browsing on smart phones.

Tax break may help 41,000 homeowners

Prime Minister Perry Christie yesterday said more than 41,000 homeowners could benefit from the Government’s decision to waive real property tax arrears for owner-occupied homes valued at less than $250,000.

Just 12% of mortgages finance 'new buildings'

New Central Bank of the Bahamas date has provided a further insight into the sluggish home construction market, with just 12 per cent of mortgage applications involving 'new builds'.

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Baha May delay’s 50% cut to growth

Baha Mar’s delayed opening could potentially slash 50 per cent off the Bahamas’ 2015 economic growth forecast, a well-known businessman has warned.

$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL

By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming

BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS

By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its

BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS

By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its

BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS

By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its

SUPERVALUE IN 'OVER 20%' XMAS SALES RISE

By NEIL HARTNELL Tribune Business Editor The Supervalue supermarket chain saw a more than 20 per cent year-over-year increase in its Christmas sales figures, its owner and president telling Tribune Business yesterday the company was likely to invest a fu

Corporate redress regime upheld with $33m verdict

The Supreme Court has prevented the Bahamas being perceived as “a parochial, quirky jurisdiction” for international business through its recent ruling on a $33 million insolvency dispute, a former attorney general said yesterday.

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Gov’t agrees ‘few hundred thousand’ in VAT credits

The Government has approved “several hundred thousand dollars” of Value-Added Tax (VAT) credit refunds, a top official yesterday promising that businesses would not endure “a protracted wait” to receive them.

Oil explorer: New fiscal regime does not apply to us

The Bahamas Petroleum Company’s (BPC) chief executive yesterday said the Government’s increased ‘take’ from oil exploration would not apply to its activities, because its fiscal terms were already set.

BAHAMAS URGED: ADDRESS FINANCIAL LAW WEAKNESSES

By NEIL HARTNELL Tribune Business Editor The US government has again urged the Bahamas to strengthen its anti-terror financing laws and make membership of organised criminal gangs a criminal offence, according to a recently-released US State Department r