"%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BDTALK%3APC90%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%3Awww.za32.net" | Search

Five dead in Abaco

FIVE people have been confirmed dead on Abaco in the aftermath of destructive Hurricane Dorian, Prime Minister Dr Hubert Minnis confirmed yesterday.

‘True fall-out’: Household loan defaults grow $58m

MORTGAGE and consumer loan delinquencies increased by $58m during October 2020 with a senior banker warning it may take five to seven years to recover from COVID-19’s “true fall-out”.

Governor warns on future tax increases

The Central Bank's governor has echoed warnings that Bahamians should brace for new and/or increased taxes as he dismissed suggestions the Government may soon default on its debt.

BPC deal had govt over a barrel

The Bahamas would have been “on the hook for hundreds of millions of dollars”, and its credit rating endangered, if the Government had halted Bahamas Petroleum Company’s (BPC) oil exploration.

Industry urges Central Bank: Stay in your lane

Commercial bankers are urging the Central Bank to effectively stay in its lane and "not intervene in financial reporting matters" after the regulator's recent COVID-19 guidance release.

Attorney fears Freeport plan 'exercise in futility'

A prominent Freeport attorney yesterday voiced fears that the latest bid to revive Freeport's economy will be "an exercise in futility" unless the Grand Bahama Port Authority's (GBPA) ownership changes.

Aliv’s $30m offering to be ‘well oversubscribed’

Advisers to the Bahamas’ second mobile operator yesterday predicted its just-launched $30 million bond offering “will be well oversubscribed”, amid expectations it will start generating a profit by 2019.

WORLD VIEW: De-risking a serious threat to Caribbean security

FOR over a year in the Councils of the Organisation of American States (OAS), Caribbean countries have been warning of the threat to the region’s economic and political stability arising from the withdrawal by US banks of correspondent banking relations to Caribbean banks. Those relations have been in place for over a century, giving significant profits to US banks.

Aliv’s bond offering ‘100% oversubscribed’

The Bahamas’ new mobile operator yesterday said it had received “a resounding vote of confidence” from local investors, after its $30 million bond offering was “100 per cent oversubscribed”.

Tenant ‘heard gunshots and a scream’

AFTER hearing what sounded like gunshots and a woman scream on the evening of September 12, 2015, a tenant who had occupied a unit in Barry and Sheena Johnson’s triplex sat in her apartment and did not call police until the next morning.

Next Govt warned: ‘Immediate’ decision required over BOB

FNM politicians, including former prime minister Hubert Ingraham, yesterday warned that the next government will have to “immediately” decide how to resolve the crisis at Bank of the Bahamas (BOB).

Tax crackdown: Govt hits 6,000 businesses, 5,000 property owners

The Government last night unveiled its promised crackdown on tax defaulters, promising to first pursue the largest, wealthiest delinquents - some 6,000 businesses and 5,000 high-end property owners.

Means to an end

“By hook or by crook” is an old saying that portends that any means necessary will be deployed to accomplish a certain end.

'Huge' home price out from vat restructuring

A “huge” number of Bahamians will be priced out of home ownership by the budget, a prominent developer warned yesterday, revealing the cost of a popular housing model will rise $23,000.Franon Wilson, Arawak Homes president, told Tribune Business that

Timberwolves rout the Knights 65-41 on day 2

With the return of point guard Dominic Bridgewater in their line-up, the Anatol Rodgers Timberwolves feel as if they can shake off the disappointment of losing the Government Secondary Schools Sports Association’s senior boys championship title and w

Govt urged: seek other buyer on Grand Lucayan

The government was yesterday urged to seek alternative purchasers for the Grand Lucayan following confirmation it has reverted to plans to take an ownership stake in the property.Carey Leonard, pictured, the former Grand Bahama Port Authority (GBPA)

'Toxic' BOB borrower loses $2.1m appeal

A seafood supplier’s bid to obtain $2.1m in damages from Scotiabank (Bahamas) for lost profits was this week rejected as “unmeritorious” by the Court of Appeal.Jerome Forbes and North Andros Food Services, who were among the first 13 “toxic” borrower

Developer: 'Millions on the line' through VAT structure alter

A prominent Bahamian developer yesterday warned “millions of dollars are on the line” through budget tax changes that make it “impossible” for real estate projects to claim back VAT.Jason Kinsale, president of Aristo Development, told Tribune Busines

WTO's 'red lines' impossible to set

Business cannot advise the Government on where to set the WTO “red lines” because of an information vacuum, the Chamber of Commerce’s chairman warned yesterday.

IBCs face ‘much damage’ through blacklisting Bill

THE Bahamas’ ‘blacklisting’ response threatens to “cause a lot of damage” to its IBC business and create “much less certainty” for the financial services industry, a top attorney is warning.

The Tribune

All results / Stories

Sort By

Date

Authors