All results / Stories / Neil Hartnell

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

ATLANTIS BANKRUPTCY FEAR 'VERY FAR FETCHED'

By NEIL HARTNELL Tribune Business Editor Kerzner International (Bahamas) chief executive yesterday described fears that the company's $2.5 billion lenders would look to foreclose or place the company into bankruptcy as "very far fetched", following Brook

25,000-acre dispute solution 'critical to 'thousands of jobs'

By NEIL HARTNELL Tribune Business Editor Resolving a long-running dispute that has tied up 25,000 acres of prime real estate is "critical" to potentially creating "thousands of jobs" and reversing Long Island's depopulation, a Court of Appeal ruling havi

Bahamas urged to ‘review’ corporate income tax merits

The Bahamas was yesterday urged to examine the benefits of implementing a ‘low rate’ corporate tax, and whether this would unlock potential “benefits” from double taxation agreements.

FIRST AN ELECTION, THEN REALITY BITES

By Larry Gibson Happy New Year, Bahamas! I wish to open my first column of the year by wishing my readers good health, and a safe and successful 2012. I thought it would be appropriate to commence with a review of 2011 from a global perspective. Througho

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

Tease photo

AML chair: three food retail players likely to survive

By NEIL HARTNELL Tribune Business Editor The Bahamian food retail market will ultimately be dominated by just three major players, AML Foods' chairman telling Tribune Business in the wake of Robin Hood's demise that consolidation was "inevitable". Dionis

Aviation industry 'not given its due'

Aviation industry 'not given its due' By NEIL HARTNELL Tribune Business Editor Developing a Bahamian aircraft registry could ultimately lead to spin-offs such as a "maintenance facility equivalent in size to Miami", an attorney yesterday urging: "Now is

US judge slams broker chief’s ‘court disregard’

A Bahamian broker/dealer’s principal has been accused of “disregard for the court’s authority”, resulting in a New York judge blocking his bid to retreat from two multi-million dollar securities fraud lawsuits.

Sarkis loss ‘over $3bn’ if Baha Mar hit targets

Sarkis Izmirlian would so far have “lost more than $3bn” in potential profits alone if the Baha Mar resort from which he was ousted hit his financial projections, an analyst’s report has calculated.

Price controls ‘out window’ with WTO

The Bahamas Motor Dealers Association’s (BMDA) president yesterday expressed hope that WTO membership will result in price controls “going out the window” to be scrapped. 

OECD attacks like ‘unofficial blacklisting’ of the Bahamas

A former finance minister says the recent OECD-inspired media onslaught against the Bahamas is akin to an “unofficial blacklisting” of its financial services industry, describing the situation as “a new form of international colonialism”.

Bahamasair loses $3.5m crash monies

The Court of Appeal yesterday overturned a $3.5 million damages award to Bahamasair, finding that the airline had failed to install an upgraded part that may have prevented a 2007 crash landing.

Broker warns Feds: 'I'll plead the Fifth'

A Bahamian broker/dealer's principal has warned US federal regulators that their efforts to obtain evidence from him over two alleged multi-million dollar securities frauds will be futile, as his lips will be sealed.

IMF fiscal reform delays 'may jeopardise recovery'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

Tease photo

Casino reforms keep expat resident bar

The Government’s decision not to allow permanent residents and work permit holders to gamble in Bahamian casinos is a “miniscule” issue that will not delay much-needed reform, a tourism industry executive said yesterday.