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PRIVATISATION CAN 'HOLD BAHAMAS TO RANSOM'

By NEIL HARTNELL Tribune Business Editor A leading activist yesterday urged the Government not to privatise the energy and water industries on the grounds that foreign buyers could "hold the Bahamas to ransom", adding that this nation had "not begun to s

$150M TRUST URGED TO RESCUE HOUSING MARKET

By NEIL HARTNELL Tribune Business Editor The Government was yesterday urged to invest $100-$150 million into a Foreclosure Trust as a way to solve this nation's mortgage/housing crisis, a well-known businessman telling Tribune Business that the returns g

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.

Bahamasair reduces staff 12% in 5 years

Bahamasair reduces staff 12% in 5 years By NEIL HARTNELL Tribune Business Editor Bahamasair has reduced staff levels through "natural attrition" by more than 12 per cent over the past five years, Tribune Business was told yesterday, while improving its

Redesigned BTC store beats goals

Redesigned BTC store beats goals The Bahamas Telecommunications Company's (BTC) re-opened store on Pioneer's Way in Grand Bahama has "exceeded all targets" after its retail transformation. "We set targets for Grand Bahama and all of our targets have exce

Redesigned BTC store beats goals

Redesigned BTC store beats goals The Bahamas Telecommunications Company's (BTC) re-opened store on Pioneer's Way in Grand Bahama has "exceeded all targets" after its retail transformation. "We set targets for Grand Bahama and all of our targets have exce

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

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”.

Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Real property tax compliance 'higher than in the past'

By NEIL HARTNELL Tribune Business Editor Real property tax compliance is "higher than in the past, that's for sure", a government minister telling Tribune Business yesterday that new administration/enforcement measures would "yield" improved collection r

Consumer chief set to investigate BPL bill spike

The Consumer Protection Commission’s chairman last night promised to investigate the “double” and “triple” energy bill increases many consumers are now experiencing as a result of Bahamas Power & Light’s (BPL) post-Matthew billing practices.

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

Customs: Gov't targeting 'best practices' goal

By NEIL HARTNELL Tribune Business Editor The Government is targeting a Customs regime that meets "international best practices", a minister yesterday saying there was "no evidence" that the agency's operational/institutional weaknesses had deterred forei

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