All results / Stories
Sort By
Date
Authors
- Everyone
- Neil Hartnell (137)
- Samora St Rose (62)
- Natario McKenzie (33)
- Eloise Poitier (10)
- Paul Turnquest (8)
- Paco Nunez (7)
- Renaldo Dorsett (7)
- Ava Turnquest (2)
- Celeste Nixon (1)
- Dana Smith (1)
FamGuard general agency’s ‘historical’ $4m top-line break
Family Guardian’s general insurance agency broke the $4m top-line barrier for the first time in 2018, its group president saying this showed it shrugged off a “challenging economy”.
Arawak port beats profit target by 23%
The Nassau Container Port’s (NCP) operator has beaten its first quarter profit target by 23 percent despite forecasting that full-year net income will be $763,155 less than it achieved in 2019.
Official: VAT payable onpre-existing contracts
Value-Added Tax (VAT) will be charged on pre-existing business contracts from the July 1, 2014, implementation date onwards, a top government official confirmed yesterday.
'Way too early to celebrate' BOB's 199% profits rise
A prominent Bank of The Bahamas (BOB) shareholder yesterday warned it was “way too early to celebrate” its 199 percent first quarter profits increase as multiple concerns remain. Darron Cash, pictured, the former Free National Movement (FNM) chairman
$6.5m Irene claims push Summit off peak
A BAHAMIAN general insurer has told Tribune Business it would probably have generated $3-$4 million in net income for 2011 had it not been for Hurricane Irene and fire-related claims, its bottom line finishing 71.8 per cent down on the previous year's results.
Gov't targets $100m VAT net revenue rise
The Government is estimating that implementation of a Value-Added Tax (VAT) will generate a $100 million net increase in its annual revenues, Tribune Business was told yesterday, with the new tax generating equivalent to 2 per cent of Gross Domestic Product (GDP).
Over 35% of Gov’t local debt comes due in year
More than one-third of the Government’s domestic debt holdings, equivalent to around $2.3bn, is due to mature within the next year as it moves to eliminate “spikes” in principal redemption that place undue strain on its finances.
FINCO suffers $10.9 million ‘reversal’ into losses
FINCO suffered a $10.9 million year-over-year ‘reversal’ to generate a small loss during the three months to end-April 2017, as delinquent loans “increased significantly” to $122 million.
Bahamas Waste in 135% profits rise
DESPITE a 134.8 per cent year-over-year net income increase to $461,181, Bahamas Waste's managing director has revealed that results for 2011 were "still not as good as we had expected", with some business categories underperforming internal expectations.
Governor trims Bahamas GDP growth to ‘3% range’
The Central Bank’s governor yesterday again trimmed his 2023 economic growth forecast to “the 3 percent range” as he warned The Bahamas is poised to next year “resettle” back into low expansion rates.
RBC Caribbean chief: Low growth hits FINCO
Royal Bank of Canada's (RBC) top Caribbean executive says its Bahamian mortgage lending arm will "continue to be challenged" with credit losses and an inability to expand its loan book because of the country's "low growth economy".
‘Nothing to fear for compliant licensees’
Bahamas-based securities dealers that meet existing requirements will all meet the Securities Commission’s enhanced capital adequacy rules, regulators revealed yesterday.
Atlantis ‘racing’ turtle raises awareness of sea threats
A LEATHERBACK turtle sponsored by Atlantis, Paradise Island, as part of its marine conservation efforts is aiming to be the fourth winner in five years for the resort in a marathon ‘race’ from its nesting beaches to its foraging grounds.
Ayton posts double double in loss to Nets
DEANDRE Ayton delivered another efficient performance for the Phoenix Suns but they fell short of sweeping the top three teams in the Eastern Conference on their recent road trip.
Commonwealth in 35% profit rise
Commonwealth Bank yesterday unveiled a 35 per cent year-over-year comprehensive net income increase to $39.3 million for the first nine months of 2013, largely due to reductions in non-performing and charged-off loans.
Exuma becoming high-end location
EXUMA is positioning itself as a “high net worth destination”, the Prime Minister said yesterday, as the Government signed a Heads of Agreement for a $200 million boutique resort on Children’s Bay Cay and Williams Cay.
Brookfield exploring $2.5bn Atlantis sale
Brookfield Asset Management is looking to offload the Atlantis Paradise Island Resort - with a price tag of $2.5bn attached.
Kerzner couldn't get 'unqualified' 2010 accounts
By NEIL HARTNELL Tribune Business Editor Kerzner International defaulted on its $2.5 billion loan agreement in May 2011, a lawsuit has alleged, with auditors unable to provide a set of 2010 'unqualified' financial statements for the Atlantis and One & On
Kerzner couldn't get 'unqualified' 2010 accounts
By NEIL HARTNELL Tribune Business Editor Kerzner International defaulted on its $2.5 billion loan agreement in May 2011, a lawsuit has alleged, with auditors unable to provide a set of 2010 'unqualified' financial statements for the Atlantis and One & On
Kalik maker sees profitability return
Commonwealth Brewery produced a more-than $7.32m bottom line reversal to return to profitability in the 2021 second quarter, with its revival aided by relaxed COVID restrictions and a more open economy.
