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Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes Sub-Deck: * Concerned sums previously paid lost to potential 'scam' By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-rela
AQUAPURE FEARS WATER SHORTAGE OVER DUTY WOES
By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear imported machine parts vital to prevent it from runn
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
Aquapure fears water shortage over duty woes
Aquapure fears water shortage over duty woes By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear import
'Unsustainable' costs drive Old Fort Club's 67% fee rise
By NEIL HARTNELL Tribune Business Editor The exclusive Old Fort Bay club yesterday warned members it had "no alternative" but to implement the first ever increase in annual membership dues, raising them by 67 per cent to $5,000 per year, given that costs
'UNSUSTAINABLE' COSTS DRIVE OLD FORT CLUB'S 67% FEE RISE
By NEIL HARTNELL Tribune Business Editor The exclusive Old Fort Bay club yesterday warned members it had "no alternative" but to implement the first ever increase in annual membership dues, raising them by 67 per cent to $5,000 per year, given that costs
Liquidator targeting Govt’s $720k oil fee
Some $720,000 in oil exploration license fees that were paid to the Bahamas Government are being targeted by a Cayman-based liquidator, who has written to two Cabinet ministers seeking their assistance in recovering the funds.
ADDRESSING GRAND LUCAYAN 'DILEMMA'
Dear Mr Hartnell I refer to your recent article in The Tribune, concerning our resort, newly named "Grand Lucayan" - a Radisson resort. I would like to clarify some of the content, which might otherwise cause some confusion in Grand Bahama island. As yo
ADDRESSING GRAND LUCAYAN 'DILEMMA'
Dear Mr Hartnell I refer to your recent article in The Tribune, concerning our resort, newly named "Grand Lucayan" - a Radisson resort. I would like to clarify some of the content, which might otherwise cause some confusion in Grand Bahama island. As yo
Bahamas ranked in bottom three of finance centres
By NEIL HARTNELL Tribune Business Editor A former Bahamas Financial Services Board (BFSB) chairman yesterday said a report that ranked the Bahamas a lowly 75th out of 77 global financial centres would "not impact" this jurisdiction's core private wealth
LEARN FROM NECESSITY AS OUR ANCESTORS DID
By Simon Cooper Res Socius The world changed irrevocably after the September 11 attacks and the international economic crisis, which keeps on rolling. Everything we believed in took a knock. People are a lot more cautious, and the employment umbrella we
'No doubt over VAT chaos' on January 1
A well-known businessman yesterday said he had “no doubt” the Government will be unable to seamlessly implement Value-Added Tax (VAT) come January 1, suggesting “chaos” would result from failing to promptly educate the private sector.
Mango provider eyes staff, retail 'ramp up'
Mango provider eyes staff, retail 'ramp up' By NEIL HARTNELL Tribune Business Editor Transfer Solutions Providers (TSP), the Mango card provider, yesterday said it was planning "within two-three months" to ramp up staff levels to 20-25 employees and ope
De-risk 'client migration' to benefit larger banks
Correspondent bank 'de-risking' could drive another wave of Bahamian financial services consolidation by sparking "client migration" to larger institutions, a former finance minister has warned.
'GET YOUR POUND OF FLESH IN THE CORRECT ABATTOIR'
By NEIL HARTNELL Tribune Business Editor A leading QC told homeowners embroiled in an ongoing battle with the developers of their $52 million project to "seek their pound of flesh in the appropriate abattoir", rather than trouble Prime Minister Hubert In
Buyers 'pull back' on Moody's threat
International buyers are "pulling back" due to uncertainties caused by Moody's threatened downgrading of the Bahamas to 'junk' status, realtors have warned.
SPEED WEEK CHIEF EYES 2,500-3,000 EXTRA ROOM NIGHTS
By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week's president has estimated that the revival event generated between 2,500-3,000 room nights for the Bahamian hotel industry, describing its economic impact as "quite substantial". While Bahamas S
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
