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25,000-acre dispute solution 'critical to 'thousands of jobs'
By NEIL HARTNELL Tribune Business Editor Resolving a long-running dispute that has tied up 25,000 acres of prime real estate is "critical" to potentially creating "thousands of jobs" and reversing Long Island's depopulation, a Court of Appeal ruling havi
RESORT PROJECT'S 'RISE FROM ASHES' VIA $20M SPEND
By NEIL HARTNELL Tribune Business Editor An Eleuthera resort project many thought 'dead and buried' may be about to rise from the ashes, its developer yesterday telling Tribune Business that the revised development would involve an investment "in excess
Tackle other 'flies in ointment' of Freeport, says QC
By NEIL HARTNELL Tribune Business Editor The Government's decision to establish a committee to revise the Customs Guide to Freeport was yesterday hailed as "a first step to breathe modern life back into the Hawksbill Creek Agreement", a leading QC tellin
Tackle other 'flies in ointment' of Freeport, says QC
By NEIL HARTNELL Tribune Business Editor The Government's decision to establish a committee to revise the Customs Guide to Freeport was yesterday hailed as "a first step to breathe modern life back into the Hawksbill Creek Agreement", a leading QC tellin
ROYALSTAR INVESTORS GET '200% PAY OUT'
By NEIL HARTNELL Tribune Business Editor RoyalStar Assurance is expecting to generate a $2-$3 million net profit for 2011 despite enduring a tough year, its managing director yesterday saying the company had to-date "paid out almost 200 per cent" of the
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.
'SERIOUS' CUSTOMS WOES UNDERMINING FDI, TRADE
By NEIL HARTNELL Tribune Business Editor The Customs Department's "serious institutional and operational limitations", particularly an information management system more than 20 years-old, are undermining the Bahamas' trade competitiveness and ability "t
'SERIOUS' CUSTOMS WOES UNDERMINING FDI, TRADE
By NEIL HARTNELL Tribune Business Editor The Customs Department's "serious institutional and operational limitations", particularly an information management system more than 20 years-old, are undermining the Bahamas' trade competitiveness and ability "t
QC slams ‘free lunch’ for Port and Hutchison
A well-known QC has slammed the Government’s Freeport incentive legislation for “giving a free lunch” to those who can most afford it - Hutchison Whampoa and the Grand Bahama Port Authority’s (GBPA) two family shareholders.
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.
Services Coalition ‘irony’ over WTO
Lack of private sector involvement has been a key factor in why the Bahamas’ bid for full World Trade Organisation (WTO) membership has lasted 15 years and counting, a former Securities Commission principal believes.
BEC partner targets eco-industrial park
BEC partner targets eco-industrial park By NEIL HARTNELL Tribune Business Editor BEC's ocean thermal energy partner yesterday revealed it plans to develop an eco-industrial park in the Bahamas, leveraging its project into technology and export spin-offs
BEC partner targets eco-industrial park
BEC partner targets eco-industrial park By NEIL HARTNELL Tribune Business Editor BEC's ocean thermal energy partner yesterday revealed it plans to develop an eco-industrial park in the Bahamas, leveraging its project into technology and export spin-offs
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.
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.
BFSB makes Landfall in Miami and Europe
BFSB makes Landfall in Miami and Europe The Bahamas Financial Services Board's (BFSB) main promotional event is set to make Landfall in Europe and Miami in June, as it seeks to educate intermediaries and their high net worth clients on what this jurisdi
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
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
