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BISX: Majority of stocks don’t move more than 5%

The Bahamas International Securities Exchange (BISX) has “consistently” found evidence to support its method for calculating share prices, with most companies’ stocks never moving more than 5 per cent from the previous day’s close.

Court: ‘No deal’ for 25,000 acre property

An $11.5 million deal to purchase the 25,000 acre property that was once Long Island’s largest employer cannot be concluded because there was never “an enforceable sales contract”, the Privy Council ruled yesterday.

Bahamas ‘falls off map’ on Caribbean hospitality lending

The Bahamas has ‘dropped off the map’ among traditional bank lenders to the hotel/tourism industry, with this nation failing to feature among the top 10 Caribbean destinations for new lending.

LAW FIRM BLASTS CUSTOMS OVER 'WHIMSICAL FANCY'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian law firm yesterday blasted as "almost unbelievable" Customs' second effort within two years to allegedly disrupt Freeport's $70-$120 million 'bonded goods' economy, arguing that arbitrary requir

Crossing the generation gap

By Ian Ferguson Much has been said and written on the differences between the four generations present in today's workforce. A number of titles have been given to them, but for the purpose of this discourse, we will refer to them as Traditionalist, Baby

Crossing the generation gap

By Ian Ferguson Much has been said and written on the differences between the four generations present in today's workforce. A number of titles have been given to them, but for the purpose of this discourse, we will refer to them as Traditionalist, Baby

Crossing the generation gap

By Ian Ferguson Much has been said and written on the differences between the four generations present in today's workforce. A number of titles have been given to them, but for the purpose of this discourse, we will refer to them as Traditionalist, Baby

Operators 'very concerned' over URCA's budget

Operators 'very concerned' over URCA's budget By NEIL HARTNELL Tribune Business Editor The two major industry players are "extremely concerned" with the communications regulator's proposed 2012 budget, warning that financing this through a licence fee i

Operators 'very concerned' over URCA's budget

Operators 'very concerned' over URCA's budget By NEIL HARTNELL Tribune Business Editor The two major industry players are "extremely concerned" with the communications regulator's proposed 2012 budget, warning that financing this through a licence fee i

Operators 'very concerned' over URCA's budget

Operators 'very concerned' over URCA's budget By NEIL HARTNELL Tribune Business Editor The two major industry players are "extremely concerned" with the communications regulator's proposed 2012 budget, warning that financing this through a licence fee i

CIBC FirstCaribbean explores US listing

CIBC FirstCaribbean’s parent yesterday confirmed its subsidiary is exploring a US stock exchange listing, a move likely to stoke speculation of a Canadian bank withdrawal from the region.

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

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BIFF ‘taken for ride’ over Dingman deal

The Bahamas International Film Festival’s (BIFF) founder yesterday said she was left “embarrassed”, and felt “taken for a ride”, after Jamie Dingman failed to deliver on his promised acquisition of the organisation.

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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.

Airport increases US bridge capacity 50%

Lynden Pindling International Airport (LPIA) is predicting that passenger numbers will grow by 2.4 per cent for the year to end-June 2016, as it moves to increase bridge capacity for US carriers by 50 per cent.

Gov’t plans to narrow VAT payment window

The Government yesterday unveiled plans to shrink the Value-Added Tax (VAT) payment window by seven days, and other revenue enforcement measures, amid the numerous tariff rate cuts consistent with a pre-election Budget.

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

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

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre