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Revived Mortgage Plan may assist ‘over 1,000’

The Government yesterday unveiled a revised Mortgage Relief Plan it believes could assist “upwards of 1,000 delinquent borrowers”, via a 20-25 per cent cut to monthly loan payments.

Tackle other 'flies in ointment' of Freeport, says QC

By NEIL HARTNELL Tribune Business Editor The Government's decision to establish a committee to revise the Customs Guide to Freeport was yesterday hailed as "a first step to breathe modern life back into the Hawksbill Creek Agreement", a leading QC tellin

Tackle other 'flies in ointment' of Freeport, says QC

By NEIL HARTNELL Tribune Business Editor The Government's decision to establish a committee to revise the Customs Guide to Freeport was yesterday hailed as "a first step to breathe modern life back into the Hawksbill Creek Agreement", a leading QC tellin

WILSON BLASTS PM FOR 'UNDERMINING' KERZNER POSITION

By NEIL HARTNELL Tribune Business Editor A leading businessman yesterday blasted Prime Minister Hubert Ingraham for what he alleged were contradictory public positions that ultimately undermined Kerzner International's "credibility" with its lenders and

FINCO in profit boost as bad loans hit $100m

FINCO in profit boost as bad loans hit $100m By NEIL HARTNELL Tribune Business Editor The $5.4 million boost from changes to its loan loss provisioning calculation enabled Finance Corporation of the Bahamas (FINCO) to enjoy a 3.18 per cent net income in

FINCO in profit boost as bad loans hit $100m

FINCO in profit boost as bad loans hit $100m By NEIL HARTNELL Tribune Business Editor The $5.4 million boost from changes to its loan loss provisioning calculation enabled Finance Corporation of the Bahamas (FINCO) to enjoy a 3.18 per cent net income in

'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

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

Receivables over three times' Water Corporation target

By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating

Mortgage Corp's woes 'not good' for 70% of contractors'

Mortgage Corp's woes 'not good' for 70% of contractors' By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) 'going concern' woes are "not good news" for 70 per cent of Bahamian contractors who rely almost solely on the resi

'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

$10M SOCIAL SECURITY REFORMS 'FIRST OF THEIR KIND' IN CARIBBEAN

By NEIL HARTNELL Tribune Business Editor The Bahamas' proposed $10 million social security reform initiative is a 'first-of-its-kind' in the Caribbean, as it will tie welfare payments to "improving human capital" through better educational achievement fo

Kosoy, Sterling eye Hurricane Hole deal

David Kosoy’s Sterling Global Financial is in negotiations to acquire Paradise Island’s Hurricane Hole property from Atlantis’s owner, Tribune Business can reveal.