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ROADS COMPENSATION 'SMOKE AND MIRRORS'
By NEIL HARTNELL Tribune Business Editor A leading businessman yesterday said there was "no Christ way on God's green earth" that the Progressive Liberal Party (PLP) would be able to fully compensate every business affected by the New Providence Road Imp
Liquidation reforms to give nation advantage
By NEIL HARTNELL Tribune Business Editor Reforms to the Companies Act's liquidation regime that deal with assets held in trust are "very progressive" and give the Bahamas a competitive advantage over its main Caribbean international financial centre riva
PHA exceeds bond target with $26-$27m
The Public Hospitals Authority's (PHA) $25 million bond issue closed slightly oversubscribed, its financial advisers estimating that between $26-$27 million has been raised from investors.
Broker blames SEC battle on regulator’s ‘inaction’
A Bahamian broker/dealer has blamed the Securities Commission’s “inaction” for creating its dispute with US regulators over their document production demands.
Price control proposal like ‘Gestapo tactics’
The Bahamas Chamber of Commerce (BCCEC) warned yesterday that any Government move to force businesses to reduce prices in line with import duty cuts would be akin to “economic dictatorship” and “Gestapo tactics”.
Water Corp: $1.2m claim was resort financing ploy
The Water & Sewerage Corporation has defeated a $1.227m damages claim for trespass that it alleges was merely a ploy attempting to force it to finance a planned Andros eco-resort.
FAILED BROKER IN '16 REGULATORY BREACHES'
By NEIL HARTNELL Tribune Business Editor The Securities Commission uncovered 16 alleged regulatory breaches during an on-site inspection of Caledonia Corporate Management less than one year before its $25 million collapse, Tribune Business can reveal, th
Bahamas sees 'phenomenal' 11% airlift rise
By NEIL HARTNELL Tribune Business Editor The Bahamas saw a "phenomenal" 11 per cent increase in airlift capacity year-over-year for February 2012, the minister of tourism and aviation yesterday saying this trend reflected "growing visitor demand" and was
PUTTING BEST FACE FORWARD
By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help
PUTTING BEST FACE FORWARD
By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help
PUTTING BEST FACE FORWARD
By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help
AML bucks 'post-Xmas lag' via 10% same-store rise
AML bucks 'post-Xmas lag' via 10% same-store rise By NEIL HARTNELL Tribune Business Editor AML Foods yesterday said fears of a top-line hit from consumers taking ever-longer to recover from Christmas had failed to materialise, with its same-store sales
AML bucks 'post-Xmas lag' via 10% same-store rise
AML bucks 'post-Xmas lag' via 10% same-store rise By NEIL HARTNELL Tribune Business Editor AML Foods yesterday said fears of a top-line hit from consumers taking ever-longer to recover from Christmas had failed to materialise, with its same-store sales
Ex-Miss Bahamas accuses Tourism on copyright, $130k
* Khiara Sherman claims song used with no say-so * Copyright infringed in promoting Bahamas to guests * And Ministry ‘breached’ three-year employment deal
A former Miss Bahamas Universe winner-turned-songstress is suing the Ministry of Tourism for allegedly breaching a $130,000 employment contract and violating her copyright. Khiara Sherman, who once represented the Bahamas at the global pageant then-controlled by US president, Donald Trump, is claiming the Ministry failed to obtain permission to use her song, Fly Away With Me, in its multi-million dollar marketing campaigns.
BOB rights offering takes Govt further down ‘wrong road’
The Government has been pushed further down “the wrong road” on Bank of the Bahamas by the recent $40 million rights offering, an outspoken shareholder said yesterday.
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.
Private sector targets NHI concerns Christmas present
The Bahamian private sector is hoping to present the Government with a consolidated list of its National Health Insurance (NHI) concerns before Christmas, amid fears that the scheme’s cost estimates “might not be the most ideal”.
Contractors Association: No Baha Mar woe reports yet
Senior Bahamian Contractors Association (BCA) executives say they have yet to receive reports of local construction companies not getting due payments for work done on the $3.5 billion Baha Mar project.Senior Bahamian Contractors Association (BCA) executives say they have yet to receive reports of local construction companies not getting due payments for work done on the $3.5 billion Baha Mar project.
Fiscal hawk fears politicians won’t ‘face the music’
The Government yesterday asked Moody’s to ‘take a bet’ that its economic growth and Budgetary initiatives will succeed, as a well-known fiscal hawk said: “They’re not going to have to face the music.”
NASSAU MUST BE INTELLECTUAL, NOT TOURIST, CAPITAL
By Richard Coulson During several recent months, the downward spiral in share prices and the threat of global recession have been largely driven by news - mostly bad - coming from the Eurozone. The abrupt reversal to price increases over the last few we
