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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”.
Mortgage Corp loan provisions $71m off norm
Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil
Mortgage Corp loan provisions $71m off norm
Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil
Mortgage Corp loan provisions $71m off norm
Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil
Baha Mar 'close' to $150m spend on Bahamians
BAHA Mar is "close" to investing $150 million with Bahamian contractors for its Cable Beach redevelopment, as it prepares to today launch the $2.6 billion project's 300 luxury Residences to high net-worth buyers from across the world in London.
Bahamasair eyes 'break even' despite $21m loss
Bahamasair eyes 'break even' despite $21m loss By NEIL HARTNELL Tribune Business Editor Despite being on target for a $21 million loss in its 2011-2012 financial year, Bahamasair's chairman says the airline is trending in the right direction and eventua
Bahamasair eyes 'break even' despite $21m loss
Bahamasair eyes 'break even' despite $21m loss By NEIL HARTNELL Tribune Business Editor Despite being on target for a $21 million loss in its 2011-2012 financial year, Bahamasair's chairman says the airline is trending in the right direction and eventua
JUST 17% OF POOR GETTING BENEFITS
By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those
‘Farcical’: Govt picks up ‘entire’ $40m BOB issue
Bank of the Bahamas’ 3,000 minority shareholders have demonstrated their “complete lack of confidence” in the bank after forcing the Government to pick up its “entire” $40 million rights offering.
CABLE TO 'REVOLUTIONISE' COMMUNICATIONS SECTOR
By NEIL HARTNELL Tribune Business Editor Cable Bahamas' chairman has pledged to "revolutionise" the Bahamian communications industry through being the first 'Triple Play' service provider, the company's net income for the nine months to end-September ris
CABLE TO 'REVOLUTIONISE' COMMUNICATIONS SECTOR
By NEIL HARTNELL Tribune Business Editor Cable Bahamas' chairman has pledged to "revolutionise" the Bahamian communications industry through being the first 'Triple Play' service provider, the company's net income for the nine months to end-September ris
BAHAMAS TOP RETAIL SPOT FOR FIRSTCARIB
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) accounted for the largest share of its Barbadian parent's retail banking revenues in the fiscal year ended on October 31, 2011, generating some $90.64 million or 44
PUBLIC SPENDING TO RISE 'LESS THAN 0.1% OF GDP' VIA WAGE FREEZE END
By NEIL HARTNELL Tribune Business Editor Lifting the civil service wage freeze will increase public spending by a sum equivalent to "less than 0.1 per cent of GDP", the Government believes, its major difference with the International Monetary Fund (IMF)
Public spending to rise 'less than 0.1% of GDP' via wage freeze end
Public spending to rise 'less than 0.1% of GDP' via wage freeze end By NEIL HARTNELL Tribune Business Editor Lifting the civil service wage freeze will increase public spending by a sum equivalent to "less than 0.1 per cent of GDP", the Government beli
Public spending to rise 'less than 0.1% of GDP' via wage freeze end
Public spending to rise 'less than 0.1% of GDP' via wage freeze end By NEIL HARTNELL Tribune Business Editor Lifting the civil service wage freeze will increase public spending by a sum equivalent to "less than 0.1 per cent of GDP", the Government beli
Public spending to rise 'less than 0.1% of GDP' via wage freeze end
Public spending to rise 'less than 0.1% of GDP' via wage freeze end By NEIL HARTNELL Tribune Business Editor Lifting the civil service wage freeze will increase public spending by a sum equivalent to "less than 0.1 per cent of GDP", the Government beli
Public spending to rise 'less than 0.1% of GDP' via wage freeze end
Public spending to rise 'less than 0.1% of GDP' via wage freeze end By NEIL HARTNELL Tribune Business Editor Lifting the civil service wage freeze will increase public spending by a sum equivalent to "less than 0.1 per cent of GDP", the Government beli
US gives Cable growth ‘4 times’ that in Bahamas
Cable Bahamas yesterday said its US expansion had generated growth that would take three-four years to achieve in this market, having enjoyed an “immediate” 26 per cent top-line boost.
Insurers: ‘Light at end of tunnel’ over taxation
Bahamian insurers yesterday voiced relief that there is “light at the end of the tunnel” after the Government said it would drop plans to move the industry to a Business Licence fee taxation regime.
Kerzner couldn't get 'unqualified' 2010 accounts
By NEIL HARTNELL Tribune Business Editor Kerzner International defaulted on its $2.5 billion loan agreement in May 2011, a lawsuit has alleged, with auditors unable to provide a set of 2010 'unqualified' financial statements for the Atlantis and One & On
