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‘Don’t squander’ tax reform opportunity
THE Bahamas was yesterday urged “not to squander the opportunity” presented by outside pressures to undertake comprehensive tax reform and reposition its economy.
Atlantis takeover 'best thing that ever happened'
By NEIL HARTNELL Tribune Business Editor Brookfield Asset Management's ownership takeover at Atlantis and the One & Only Ocean Club has been described by a leading accountant as "the best thing that ever happened for the Bahamas". Raymond Winder, managin
NHI: Gov’t warned on ‘significant error’
The Government is “making a significant error” over National Health Insurance (NHI) by allowing the initiative to become potentially “divisive”, a well-known businessman warned yesterday.
FAMILIES EARNING UNDER $5K YEARLY INCREASE BY 83%
By NEIL HARTNELL Tribune Business Editor The number of Bahamian households surviving on less than $5,000 per year has increased by an "alarming" 83 per cent in the past four years, Department of Statistics data shows, indicating the recession has most im
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
NAD READIES FOR 10,000 PASSENGER EASTER PERIOD
The Nassau Airport Development Company (NAD) is gearing up for an Easter weekend when it is likely to process up to 10,000 passengers, this week marking five years since it took over day-to-day operations at the Lynden Pindling International Airport (LPIA
NAD READIES FOR 10,000 PASSENGER EASTER PERIOD
The Nassau Airport Development Company (NAD) is gearing up for an Easter weekend when it is likely to process up to 10,000 passengers, this week marking five years since it took over day-to-day operations at the Lynden Pindling International Airport (LPIA
Bank hosts car show
Bank hosts car show Royal Bank of Canada's (RBC) Grand Bahama branch hosted its 'March Madness' car show last weekend at its premises in downtown Freeport. "We invited all persons interested in purchasing a new vehicle to take advantage of RBC's on-the-
Insurers blast NHI consulting 'facade'
The Bahamas Insurance Association's (BIA) chairman yesterday said the industry remains "vehemently opposed" to the Government's 'public insurer', and slammed its National Health Insurance (NHI) consultation process as "a facade".
Central Bank gives Govt ‘an uppercut’
The Central Bank of the Bahamas yesterday delivered “an uppercut” to the Government’s fiscal projections, urging it to rein in spending amid a $266 million deficit for the first 10 months of the 2015-2016 fiscal year.
AG: We’ll deal with ‘major slippage’ in anti-launder regime
THE Attorney General yesterday pledged to address the Bahamas’ “significant slippage” in the battle against financial crime through roll-out of its National Risk framework before year-end.
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.
Broker severs ties with ex-investor over $1m ‘misuse’
A Bahamian broker/dealer yesterday said it had severed all ties with a former shareholder after he allegedly misappropriated $1 million that was intended to be an equity investment in the firm.
COMMISSION URGED: TAKE 'STRONG ACTION' OVER CITY MARKETS
By NEIL HARTNELL Tribune Business Editor A well-known financial analyst yesterday urged the Securities Commission to take strong, swift public action to protect the 22 per cent minority investors in City Markets' operating company, warning that "the inte
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
‘Penny wise and pound foolish’
A well-known surgeon has branded the Public Hospitals Authority’s (PHA) move to exclude Bahamian wholesalers from the pharmaceutical drugs supply chain as “penny wise and pound foolish”.
CCA: WE SHOULD TAKE ADVANTAGE OF BAHAMAS – Contractor reached out for help to son of top govt advisor
Baha Mar's main contractor asked the son of Perry Christie's top policy adviser to intervene when his father proposed changing The Pointe's Heads of Agreement over how many Bahamian construction workers would be employed.
Realtor names top producers
Damianos Sotheby's International Realty has named its 2011 Top Producers. They are: Samira Coleby, for the Bahamas; Bill Albury, Abaco; and Jonathan Morris, Eleuthera. Reflecting on 2011, Ms Coleby said: "The market is changing; clients are continually ch
