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Hotel industry 'holds its own'
The Bahamas' hotel industry generated a 6.2 per cent increase in room occupancy for the year to end-October 2011, something the Bahamas Hotel Association's (BHA) president said showed the sector was "holding its own". Stuart Bowe, senior vice-president at
Ansbacher in $2myacht lien battle
Ansbacher (Bahamas) is seeking to recover more than $2 million owed by a delinquent borrower by foreclosing on, and selling, his multi-million dollar yacht.
JUST 17% OF POOR GETTING BENEFITS
By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those
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
Atlantis’s 4.5% Xmas rate rise beats hotel norm
Atlantis has seen a “quite substantial” 4.5 per cent year-over-year increase in average daily room rates (ADRs) for the upcoming peak Christmas/New Year season, a growth rate exceeding industry norms.
Entrepreneur's $1,000 Summit 'Conception'
Entrepreneur's $1,000 Summit 'Conception' Bahamian sentrepreneurs seeking financial help to develop their businesses had a shot at winning $1,000 at the recent International Franchise and Entrepreneurial Summit and Trade Show by showcasing their 'five-mi
SPEED WEEK 'CAN BECOME LIKE MONACO'
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco
SPEED WEEK 'CAN BECOME LIKE MONACO'
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco
SPEED WEEK 'CAN BECOME LIKE MONACO'
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco
SPEED WEEK 'CAN BECOME LIKE MONACO'
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco
SPEED WEEK 'CAN BECOME LIKE MONACO'
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco
SPEED WEEK 'CAN BECOME LIKE MONACO'
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco
Freeport investment law blasted as ‘anti-business’
Freeport’s new tax incentives law was yesterday branded an “abomination” and “anti-business” by an FNM Senator, who argued that it will undermine both the city’s founding agreement and economic growth.
ROAD COMPENSATION SURVEY STARTS TODAY
The Government last night announced that it would today start surveying businesses negatively impacted by the New Providence Road and Infrastructure Improvement Project, the first step in determining their financial losses and potential compensation. Info
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.”
Income-type tax ‘likely inevitable’, warns ex-minister
A FORMER financial services minister believes it is “probably inevitable” that the Bahamas will have to introduce some form of low-rate income tax, warning: “We’re not in the clear yet.”
FTX shows Bahamas can’t ‘live or die’ by one investor
Governance reformers are arguing that FTX’s implosion further reinforces that there is “no silver bullet to solve our economic growth issues coming out of Dorian and COVID-19”.
CONSTRUCTION & MANUFACTURING: 8,800 JOBS LOST IN 3-YEAR PERIOD
By NEIL HARTNELL Tribune Business Editor The Bahamas lost a total 8,870 jobs in its construction and manufacturing industries between 2007-2010 as a result of the global recession, a United Nations (UN) Body has reported, with per capita GDP only now beg
BTC to complete Abaco cell overhaul in mid-May
THE Bahamas Telecommunications Company (BTC) is set to complete its wireless system overhaul on Abaco and the northern Bahamas by mid-May, giving customers improved cellular service, including faster speeds for downloads and browsing on smart phones.
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.