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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
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.
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”.
FEEDBACK FROM THE FIRM'S KING
By Ian Ferguson We agree that a stronger focus on our customers enhances our ability to grow and expand our businesses, and to deepen our ability to maximise customer satisfaction. We say often that the customer is 'KING', and that they are the driving f
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
ATLANTIS SWITCH 'DOESN'T ADD UP'
By NEIL HARTNELL Tribune Business Editor A former Bahamas Chamber of Commerce president yesterday said the details surrounding Kerzner International's $175 million debt-for-equity swap did not 'add up', questioning how the new owners would see a return o
Bahamas exports decline by 36% to five-year low
The Bahamas’ merchandise trade deficit fell by 12.3 per cent in 2015 to $2.719 billion, as the decline in imports offset a more than one-third reduction in exports.
Public liens make IBCs 'a bit unique'
By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni
DON'T FEAR THE UNKNOWN ON SOFTWARE INSTALLATION
By Deidre M. Bastian So you have just discovered this dyanamic new graphic software, and are eager to install and experiment. But there is one small problem: The fear of making a mistake, as the computer just might blow up or some terrible harm may be do
Public liens make IBCs 'a bit unique'
By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni
DON'T FEAR THE UNKNOWN ON SOFTWARE INSTALLATION
By Deidre M. Bastian So you have just discovered this dyanamic new graphic software, and are eager to install and experiment. But there is one small problem: The fear of making a mistake, as the computer just might blow up or some terrible harm may be do
Public liens make IBCs 'a bit unique'
By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni
DON'T FEAR THE UNKNOWN ON SOFTWARE INSTALLATION
By Deidre M. Bastian So you have just discovered this dyanamic new graphic software, and are eager to install and experiment. But there is one small problem: The fear of making a mistake, as the computer just might blow up or some terrible harm may be do
FRAMING WEBSITES BY BETTER PLANNING
By Deidre M. Bastian This is a topic that pops up periodically, mainly because more web agencies are now incorporating a formal 'wire framing' process. Anyone who has ever built or designed a website will tell you that wire framing happens in some form o
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
IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN
By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,
GB Power minimises $4.7m recovery effect
GB Power minimises $4.7m recovery effect By NEIL HARTNELL Tribune Business Editor The Grand Bahama Power Company (GBPC) has received regulatory approval to minimise the consumer impact of recovering a $4.7 million impairment charge by spreading it out o
Arawak Homes wins ruling on $1.1m profit loss
By NEIL HARTNELL Tribune Business Editor Arawak Homes has won a Court of Appeal ruling that is set to further impact potentially hundreds of landowners in the Sir Lynden Pindling Estates area, the developer claiming to have lost $1.11 million in gross pr
'Mixed bag': Auto sales 50% off peak
By NEIL HARTNELL Tribune Business Editor A leading auto dealer believes the industry will "eventually" recover to levels comparable to its 2007 peak, despite 2011's new car sales being almost 50 per cent down on that banner period in what was described a
GETTING TO GRIPS WITH IMMIGRATION REALITIES
By Larry Gibson The recent visit by President Martelly of Haiti, and comments he made to a gathering mostly of Haitian nationals and Bahamians of Haitian origin, continue to provoke much highly-charged discussion. No matter where you fall on the immigrat
