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CIBC FirstCaribbean explores US listing

CIBC FirstCaribbean’s parent yesterday confirmed its subsidiary is exploring a US stock exchange listing, a move likely to stoke speculation of a Canadian bank withdrawal from the region.

Bahamas faces more financial consolidation

Bahamas faces more financial consolidation By NEIL HARTNELL Tribune Business Editor With 40 per cent of Swiss private banks eyeing foreign acquisition targets, a leading accountant yesterday predicted further consolidation in the Bahamian financial serv

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BAHAMAS 'NOT DONE VERY GOOD JOB' OVER TRADE NEGOTIATIONS

By NEIL HARTNELL Tribune Business Editor Both the Government and the private sector have done a poor job in preparing for, and negotiating, international trade agreements affecting the Bahamas, the Chamber of Commerce and Employers Confederation's (BCCE

BTC owner dismisses Cable’s mobile threat

The Bahamas Telecommunications Company’s (BTC) controlling owner yesterday dismissed the competitive threat Cable Bahamas will pose if it wins the second cellular licence, saying it was “not a big player” when compared to the likes of Digicel.

Just 12% of mortgages finance 'new buildings'

New Central Bank of the Bahamas date has provided a further insight into the sluggish home construction market, with just 12 per cent of mortgage applications involving 'new builds'.

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Baha May delay’s 50% cut to growth

Baha Mar’s delayed opening could potentially slash 50 per cent off the Bahamas’ 2015 economic growth forecast, a well-known businessman has warned.

$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL

By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming

Gas station warning of New Year lay-offs

A gas station operator yesterday warned the 24 percent minimum wage increase will “almost certainly” force the sector to cut staffing levels unless the Government grants a long-awaited margin increase.

SUPERVALUE IN 'OVER 20%' XMAS SALES RISE

By NEIL HARTNELL Tribune Business Editor The Supervalue supermarket chain saw a more than 20 per cent year-over-year increase in its Christmas sales figures, its owner and president telling Tribune Business yesterday the company was likely to invest a fu

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Gov’t agrees ‘few hundred thousand’ in VAT credits

The Government has approved “several hundred thousand dollars” of Value-Added Tax (VAT) credit refunds, a top official yesterday promising that businesses would not endure “a protracted wait” to receive them.

Oil explorer: New fiscal regime does not apply to us

The Bahamas Petroleum Company’s (BPC) chief executive yesterday said the Government’s increased ‘take’ from oil exploration would not apply to its activities, because its fiscal terms were already set.

BAHAMAS URGED: ADDRESS FINANCIAL LAW WEAKNESSES

By NEIL HARTNELL Tribune Business Editor The US government has again urged the Bahamas to strengthen its anti-terror financing laws and make membership of organised criminal gangs a criminal offence, according to a recently-released US State Department r

Insurers ‘not oblivious’ to Bahamas sanctions threat

THE insurance industry “is not oblivious” to the need for the Bahamas to comply with global anti-financial crime standards and avoid sanctions, its chairman said yesterday.

IDB brands price controls ‘poorly targeted subsidy’

The Government’s price controls are a poorly-targeted mechanism to counter soaring 16 percent food inflation as they benefit the rich as much as low income and vulnerable families, a multilateral lender is arguing.

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