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Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

CREDIT BUREAU TO CURB 'FINANCIAL IRRESPONSIBILITY'

By NEIL HARTNELL Tribune Business Editor Bahamian commercial banks are looking towards the creation of a credit bureau to help curb "financial irresponsibility" in society, believing it could deter mortgage borrowers from defaulting on their home loans i

BEC fuel charge up 37% year-over-year

By NEIL HARTNELL Tribune Business Editor The Bahamas Electricity Corporation's (BEC) fuel charge increased by 37.1 per cent year-over-year for January 2012, as both the Central Bank of the Bahamas and private/public sector leaders warned that rising glob

GOVERNOR SAYS 2-2.5% GROWTH 'STILL ACHIEVABLE'

By NEIL HARTNELL Tribune Business Editor The Central Bank's governor yesterday said projected Bahamian economic growth of 2-2.5 per cent for 2012 remained "achievable" despite the gathering downside risks, while disclosing that the external reserves were

GOVERNOR SAYS 2-2.5% GROWTH 'STILL ACHIEVABLE'

By NEIL HARTNELL Tribune Business Editor The Central Bank's governor yesterday said projected Bahamian economic growth of 2-2.5 per cent for 2012 remained "achievable" despite the gathering downside risks, while disclosing that the external reserves were

Govt urged to clarify $1m residency threshold

The Government was last night urged to clarify whether the new $1 million investment threshold for accelerated permanent residency consideration represented an increase or decrease from the previous benchmark.

CHAMBER CHIEF SUPPORTS GOV'T OUTSOURCING '110%'

By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman has given his "110 per cent support" to the International Monetary Fund's (IMF) call for more services to be outsourced to the private

HUTCHISON CHIEF: GRAND LUCAYAN IN 'PERILOUS POSITION'

By NEIL HARTNELL Tribune Business Editor All Grand Bahamians need to realise the Grand Lucayan resort is in a "perilous position", a senior Hutchison Whampoa executive told Tribune Business yesterday, adding that the Hong Kong-based conglomerate was "fra

HUTCHISON CHIEF: GRAND LUCAYAN IN 'PERILOUS POSITION'

By NEIL HARTNELL Tribune Business Editor All Grand Bahamians need to realise the Grand Lucayan resort is in a "perilous position", a senior Hutchison Whampoa executive told Tribune Business yesterday, adding that the Hong Kong-based conglomerate was "fra

Bahamasair suffers $8.5m income loss

BAHAMASAIR has warned the trade union rep- resenting its line staff that it faces “stark financial realities”, having lost $8.5 million in income this financial year with the possibility of further setbacks to come.

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

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

IBC directors urged: 'Ensure all deals legit'

IBC directors urged: 'Ensure all deals legit' By NEIL HARTNELL Tribune Business Editor Bahamian financial services professionals were yesterday urged to take their responsibilities as International Business Company (IBC) directors seriously and "make su

Kerzner's $65m capital upgrades in debt talk delay

Kerzner's $65m capital upgrades in debt talk delay By NEIL HARTNELL Tribune Business Editor Kerzner International (Bahamas) chief yesterday acknowledged that finalising this year's $65 million capital investment plan for its Paradise Island resorts is b

Potential West End investors coming in 'once a month'

By NEIL HARTNELL Tribune Business Editor The owners/developers of some 500 acres at Grand Bahama's West End are bringing potential investors to inspect the site at least "once a month", Tribune Business was told yesterday, and remain optimistic they can

Potential West End investors coming in 'once a month'

By NEIL HARTNELL Tribune Business Editor The owners/developers of some 500 acres at Grand Bahama's West End are bringing potential investors to inspect the site at least "once a month", Tribune Business was told yesterday, and remain optimistic they can