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'Aggressive' insurer targets the Bahamas

By NEIL HARTNELL Tribune Business Editor An "aggressive" St Maarten-headquartered underwriter has caused a stir in the Bahamian general insurance market after obtaining regulatory approval to write business in this nation, Tribune Business can reveal, a

'ENTHUSIASTIC' FAMILY ISLAND IPO RESPONSE

The Arawak Port Development Company (APD) said the response from potential Family Island investors to its $10 million initial public offering (IPO) had been enthusiastic, after its principals undertake a nationwide roadshow to tout the offering's prospect

'ENTHUSIASTIC' FAMILY ISLAND IPO RESPONSE

The Arawak Port Development Company (APD) said the response from potential Family Island investors to its $10 million initial public offering (IPO) had been enthusiastic, after its principals undertake a nationwide roadshow to tout the offering's prospect

'ENTHUSIASTIC' FAMILY ISLAND IPO RESPONSE

The Arawak Port Development Company (APD) said the response from potential Family Island investors to its $10 million initial public offering (IPO) had been enthusiastic, after its principals undertake a nationwide roadshow to tout the offering's prospect

Tourism ‘softness’ exposed with 7% room revenue fall

Tourism “softness” resulted in a 7 per cent year-over-year decline in peak winter room revenues for Nassau’s major hotels, with both occupancies and pricing coming under pressure.

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Gov't 'good faith' key to Brewery's 100-job growth

Sands Beer’s manufacturer yesterday said its planned $15 million growth strategy, which could more than double its workforce via the creation of “over 100” jobs in the next five-10 years, depends on the Government maintaining the ‘tax advantage’ it holds over its BISX-listed rival.

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

Engineers chief: Our growth is being ‘stymied’

The Bahamas Society of Engineers (BSE) president yesterday bemoaned how local professionals were frequently being ‘frozen out’ of foreign direct investment (FDI) projects, with work “never touching our soil”.

Financial service executive settles on $615k 'offer'

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services executive has settled an action brought against him by Canadian regulators over a "false, misleading" $615,000 securities offering, agreeing to accept "the reduced charge of acting ag

Financial service executive settles on $615k 'offer'

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services executive has settled an action brought against him by Canadian regulators over a "false, misleading" $615,000 securities offering, agreeing to accept "the reduced charge of acting ag

Financial service executive settles on $615k 'offer'

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services executive has settled an action brought against him by Canadian regulators over a "false, misleading" $615,000 securities offering, agreeing to accept "the reduced charge of acting ag

Financial service executive settles on $615k 'offer'

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services executive has settled an action brought against him by Canadian regulators over a "false, misleading" $615,000 securities offering, agreeing to accept "the reduced charge of acting ag

Financial service executive settles on $615k 'offer'

By NEIL HARTNELL Tribune Business Editor A Bahamian financial services executive has settled an action brought against him by Canadian regulators over a "false, misleading" $615,000 securities offering, agreeing to accept "the reduced charge of acting ag

Super Value chief: Prices up 2-3% with new Port

SUPER Value's owner yesterday warned the price of many grocery items is likely to increase by at least 2-3 per cent, having been told that freight rates will rise by 10 per cent due to the new/revised charges being imposed by the Arawak Cay Port.

CIBC: Bahamas worst for ‘bad’ mortgages

CIBC’s top Caribbean executive yesterday revealed that the “magnitude” of non-performing home loans in the Bahamas was “greater than anywhere else” in the region, this nation accounting for 50 per cent of the bank’s ‘bad’ mortgages.

Police probe like 'sword of Damocles'

By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa

Police probe like 'sword of Damocles'

By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa

Police probe like 'sword of Damocles'

By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa