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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.
BTC to 'exceed' $60- $80m earnings goal
BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth
QC urges 19% top earners income tax
A well-known QC yesterday urged the Bahamas to implement a 17-19 per cent income tax on persons earning over $50,000-$75,000 annually, arguing that fears of widespread evasion were overblown.
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.
Pensioners left with 30% in City Markets HQ sale
* Claim trustees ‘not acting in our best interest’ * Trustees retain 27% of $3m sale to AML Foods * And lawyer paid almost one-third of proceeds
City Markets pensioners have been “kept in the dark” over the $3 million sale of the plan’s main asset, with just 30 per cent of the proceeds seemingly left for their benefit.
Trade deficit narrows 9.7%
The Bahamas experienced a 9.7 per cent drop in its trade deficit to $2.554 billion in 2013, largely due to an almost-$300 million fall in its import bill.
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
BEC manager-elect slams 'fraud by hindsight' claim
The Bahamas Electricity Corporation's (BEC) prospective manager has dismissed as "fraud by hindsight" claims that it artificially inflated its stock price prior to a one-day wipe-out that erased $250 million in shareholder value.
IDB to combat 'stodgy' image
By NEIL HARTNELL Tribune Business Editor The Inter-American Development Bank's (IDB) country representative yesterday pledged to reach out more effectively to the Bahamian private sector, admitting that the institution was perceived as "too stodgy and bu
Hotels to beat eight-year rate recovery target
By NEIL HARTNELL Tribune Business Editor The Bahamas Hotel Association's (BHA) president believes the industry will return room "rates to pre-recession levels much faster" than the world average, after a renowned travel research firm said this could take
Hotels to beat eight-year rate recovery target
By NEIL HARTNELL Tribune Business Editor The Bahamas Hotel Association's (BHA) president believes the industry will return room "rates to pre-recession levels much faster" than the world average, after a renowned travel research firm said this could take
Hotels to beat eight-year rate recovery target
By NEIL HARTNELL Tribune Business Editor The Bahamas Hotel Association's (BHA) president believes the industry will return room "rates to pre-recession levels much faster" than the world average, after a renowned travel research firm said this could take
Govt urged to clarify $1m residency threshold
The Government was last night urged to clarify whether the new $1 million investment threshold for accelerated permanent residency consideration represented an increase or decrease from the previous benchmark.
QC: ‘No more secrets’ over Freeport’s future
An outspoken QC yesterday made good on his threat to launch Judicial Review proceedings against the consultation on Freeport’s future, warning: “No more secrets. It’s finally time for government in the sunshine.”
RoyalFidelity predicts ‘double digit millions’ for new fund
RoyalFidelity believes its latest mutual fund will attract “double digit millions” from Bahamian investors through its promise to pay them a 4 per cent annual dividend.
