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IDB: Bahamas needs $560m 'adjustment'

The Bahamas needs a $560 million "adjustment" at present growth rates just to cut its debt-to-GDP ratio to 60 per cent by 2021, amid warnings this nation now lies on the fiscal "dark side".

Mortgage finance 'biggest hurdle' to housing recovery

Mortgage financing access remains "the biggest hurdle" to reviving the domestic real estate market, causing up to three deals for the same property to fall through.

$14.5m bond keeps Mortgage Corp open

$14.5m bond keeps Mortgage Corp open By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation (BMC) has placed a $14.5 million bond vital to keep it operating, its chairman telling Tribune Business yesterday that "the public is going to

$14.5m bond keeps Mortgage Corp open

$14.5m bond keeps Mortgage Corp open By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation (BMC) has placed a $14.5 million bond vital to keep it operating, its chairman telling Tribune Business yesterday that "the public is going to

$14.5m bond keeps Mortgage Corp open

$14.5m bond keeps Mortgage Corp open By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation (BMC) has placed a $14.5 million bond vital to keep it operating, its chairman telling Tribune Business yesterday that "the public is going to

Getting new staff totally on board

Getting new staff totally on board By Ian Ferguson When an individual begins a relationship with an organisation for the first time, there are some high expectations that circulate in the minds of these employees. Likewise, the company has some high hop

Getting new staff totally on board

Getting new staff totally on board By Ian Ferguson When an individual begins a relationship with an organisation for the first time, there are some high expectations that circulate in the minds of these employees. Likewise, the company has some high hop

‘Lessons must be learnt’ from Baha Mar’s chinese woe

Lessons must be learned from Baha Mar’s construction woes to ensure other Chinese-led investment projects avoid similar delays, a leading contractor yesterday noting the same company is poised to begin the British Colonial Hilton’s $200 million redevelopment.

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

SCOTIABANK: GROUP INSURANCE POLICY GROWS EVERY YEAR

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) says its group homeowners insurance programme is growing in size every year due to the "stress" in its $1.498 billion loan portfolio, as it pledged to resolve any concerns the industry regulat

Profits triple as BAF's 'sleeping giant awakes'

Profits triple as BAF's 'sleeping giant awakes' By NEIL HARTNELL Tribune Business Editor BAF Financial's owners believe they have "awoken the sleeping giant" during their first five years at the helm, "tripling profits" and doubling total assets to $150

DON'T SETTLE FOR A SURVIVAL 'RUT'

By Ian Ferguson A paradigm is defined as a mindset or pattern of behaviour that appears to be the established norm. A paradigm shift, though, is the force driving individuals and organisations out of that prevailing mindset, propelling them towards a bri

ENJOYMENT REMAINS PASSPORT TO SUCCESS

By Simon Cooper Res Socius Choose to do what you enjoy. This is a strange notion, although I often get round to discussing it with clients. In fact, it might surprise you to know how many square-pegs in round-holes there are out there in Nassau. I'm talk

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Illegal netting threatens $1.5m bonefish investment

A Long Island bonefishing lodge owner says his $1.5 million investment and six jobs are being jeopardised by illegal netting, which threatens to “wipe out” the industry within the next five years.

How to ensure you're not among the 1,700

By Ian Ferguson Knowledge is power. For the small and medium-sized business, this statement proves true every time. Having information about your business, customers, the economy and your competitors is crucial to your success and growth. Perhaps in the

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

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