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)
Ex-BEC director: $100m 'poured out' after tariff cut
A former Bahamas Electricity Corporation (BEC) director yesterday blasted the first Christie administration for the basic tariff reduction that caused “$100 million of equity to pour out” of the utility, arguing that it had never recovered from this.
Scotia eyes 'flat' 2013 as new loans decline 7%
Scotiabank (Bahamas) is expecting a “flat to lower” net income performance for 2013, its managing director yesterday revealing that new loan volumes dropped 7 per cent year-over-year for 2012.
Job applicants exceed posts 10x at ex-Robin Hood
BUSINESSMAN Sandy Schaefer says he has distributed more than 1,100 applications for the 135-145 jobs that will be created when his new retail venture, ‘Shepherd’s Mart’, opens off Tonique Williams-Darling Highway by month’s end.
Hilton bids put Bahamas 'back in play' on FDI
THE MINISTER of State for Investments has confirmed “multiple offers” have been made to acquire downtown Nassau’s British Colonial Hilton hotel, proving that the Bahamas was “back in play” in attracting foreign direct investment (FDI).
Bahamas is urged: 'Move quickly, but carefully, on plane registry'
The Bahamas needs “quick but careful movement” in establishing a competitive international aircraft registry, an attorney warning that its competitors had already made “great inroads” and stolen a march on it.
Raptors win GSSSA junior track and field title
The dominance continues for the CH Reeves Raptors in the Government Secondary Schools Sports Association Junior School Track and Field Championships.
Gov't eyes $138m spending slash
The Government is moving to cut recurrent spending projections by 5.6 per cent for the current fiscal year to compensate for a $120 million drop in revenues, with a Wall Street analyst yesterday saying execution would be “key” if it was to hit is deficit/debt reduction targets.
Sports in brief
THE Bahamas along with 210 countries around the world who are members of the International Tennis Federation will celebrate World Tennis Day on March 4.
Gov't targeting $660m revenue rise in 4 years
The Government is targeting improved revenue yields equivalent to 4 per cent of Gross Domestic Product (GDP) as the centrepiece of its plan to generate a recurrent Budget surplus within three years, it was disclosed yesterday.
BISX-listed firm's CEO faces 'grilling' over alleged fraud
The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.
Ex-Robin Hood boss 'rises from the ashes' with $10m re-opening
BUSINESSMAN Sandy Schaefer said around $10 million has been invested to re-open both of his former Robin Hood outlets, a development he said will create 250 jobs.
Sports in brief
THE Champion Amateur Boxing Club completed the Island Sound Solutions amateur boxing show at the Wulff Road Boxing Square on Saturday night.
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).
Briefly
What is VAT?
Minister: Social workers are the key to change
FREEPORT – Motivating social workers is the first step in fighting the increase in poverty, Minister of Social Services and Community Development Melanie Griffin said.
RBC unit wins top regional honour
RBC Wealth Management, located at Lyford Cay, has been recognised as the best provider of private banking services in the Caribbean, according to Euromoney, a global banking publication.
ACCORDING TO ME: 50 unanswered questions
SINCE the start of the current administration’s term in office, a preponderance of unanswered questions continues to mount...
BTC 'exacerbates' $265m FDI decline
A $265 million decline in year-over-year net foreign investment (FDI) into the Bahamas is not as bad as it seems, the Central Bank’s governor yesterday saying that stripping out the BTC privatisation proceeds produced a more “modest” 7.6 per cent fall.
VAT not mandatory for 15,000 firms
More than 80 per cent of Bahamian companies, numbering more than 15,000, will not be mandated to pay Value Added Tax (VAT), with financial services and health/education among the industries exempt from paying it.
IMF: 'No threat' to financial industry
The International Monetary Fund (IMF) last night said there were “no immediate threats” to the stability of the Bahamas’ financial services industry, while describing the Government’s fiscal position as “the key policy priority”.
