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FOCOL 'WELL PLACED' FOR IMPROVED 2012

By NEIL HARTNELL Tribune Business Editor FOCOL Holdings yesterday said it was "well-positioned to improve our financial results for 2012", with previously-implemented initiatives to boost operational efficiencies expected to bear fruits that will filter

Gov’t to commit on CLICO by year-end

The Government has pledged to make a public statement on its long-awaited CLICO (Bahamas) resolution by year-end, but one creditor yesterday said he “doesn’t expect a cheque will come” by Christmas.

Chamber chief ‘tired’ of sour economic reports

The Bahamas Chamber of Commerce’s (BCCEC) chief executive is “tired” of receiving repeated negative economic reports on this nation, which needs to become “more agile” to reverse course.

Govt ‘encourages’ Bahamian group’s landfill ‘win-win’

The Government is seeking a “holistic” solution to the New Providence landfill’s numerous challenges, and is encouraging a Bahamian consortium to advance its proposal for taking away 25 per cent of existing waste streams.

Realtor has ‘never seen such high rental rates’

A Bahamian realtor says he has “never seen such high rental rates” as now exist in some of western New Providence’s most upscale communities with demand in this segment now suppressing available-for-sale inventory.

COMPETITIVE AIR FARES, BUT 2/3 OF ROUTES ARE MONOPOLY

By NEIL HARTNELL Tribune Business Editor The Bahamian air transport market's competitiveness is not being impaired by the fact over two-thirds of its international routes are serviced by just one carrier, a draft national aviation policy revealing that t

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Port chair pledges to address 'vitally important' breaks

THE Grand Bahama Port Authority's (GBPA) newly-confirmed chairman yesterday pledged to address Freeport's "critically important" Business Licence and real property tax exemptions, due to expire in 2015, with the Governmsent once the election was over.

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

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

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

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

NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'

By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can

NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'

By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can

NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'

By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can

NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'

By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can

NEW ATLANTIS DEBT FOR EQUITY SWAP 'MOVING VERY FAST'

By NEIL HARTNELL Tribune Business Editor One or more fellow Kerzner International lenders will join Brookfield Asset Management in taking over ownership of the developer's Paradise Island resorts in a revised 'debt-for-equity' swap, Tribune Business can

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.