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'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
$30m Town Centre 'shooting' for Xmas 2012 completion
$30m Town Centre 'shooting' for Xmas 2012 completion By NEIL HARTNELL Tribune Business Editor New Providence Development Company is "aggressively shooting" to have its $30 million Old Fort Bay Town Centre fully operational by Christmas 2012, Tribune Bus
$30m Town Centre 'shooting' for Xmas 2012 completion
$30m Town Centre 'shooting' for Xmas 2012 completion By NEIL HARTNELL Tribune Business Editor New Providence Development Company is "aggressively shooting" to have its $30 million Old Fort Bay Town Centre fully operational by Christmas 2012, Tribune Bus
$30m Town Centre 'shooting' for Xmas 2012 completion
$30m Town Centre 'shooting' for Xmas 2012 completion By NEIL HARTNELL Tribune Business Editor New Providence Development Company is "aggressively shooting" to have its $30 million Old Fort Bay Town Centre fully operational by Christmas 2012, Tribune Bus
CWC: BTC ‘lags’ region despite $75m investment
The Bahamas Telecommunications Company’s (BTC) controlling owner yesterday conceded that its network quality “lags” much of the Caribbean and wider world, despite increasing its capital investment by 47 per cent last year.
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.
FINCO in profit boost as bad loans hit $100m
FINCO in profit boost as bad loans hit $100m By NEIL HARTNELL Tribune Business Editor The $5.4 million boost from changes to its loan loss provisioning calculation enabled Finance Corporation of the Bahamas (FINCO) to enjoy a 3.18 per cent net income in
CHAMBER CHIEF 'VERY CONCERNED' AT $300M BAD BUSINESS LOANS
By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday described as "very concerning" the almost-$300 million worth of 'bad loans' to the private sector, with January's $10.6 mill
CHAMBER CHIEF 'VERY CONCERNED' AT $300M BAD BUSINESS LOANS
By NEIL HARTNELL Tribune Business Editor The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday described as "very concerning" the almost-$300 million worth of 'bad loans' to the private sector, with January's $10.6 mill
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
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.
COMMUNICATIONS REVENUES FALL 7%
By NEIL HARTNELL Tribune Business Editor The Bahamian communications industry's total revenues decreased by 7 per cent year-over-year in 2010, falling from $460 million to $428 million, as the sector's regulator pledged to introduce "universal service ob
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