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Bartoli, Vinci reach the quarterfinals

By TRUNG LATIEULE Associated Press PARIS (AP) -- Marion Bartoli of France defeated Petra Martic of Croatia 7-5, 6-1 Thursday to reach the Open GDF Suez quarterfinals while Americans Bethanie Mattek-Sands and Christina McHale failed to make it out of the s

Bartoli, Vinci reach the quarterfinals

By TRUNG LATIEULE Associated Press PARIS (AP) -- Marion Bartoli of France defeated Petra Martic of Croatia 7-5, 6-1 Thursday to reach the Open GDF Suez quarterfinals while Americans Bethanie Mattek-Sands and Christina McHale failed to make it out of the s

Bartoli, Vinci reach the quarterfinals

By TRUNG LATIEULE Associated Press PARIS (AP) -- Marion Bartoli of France defeated Petra Martic of Croatia 7-5, 6-1 Thursday to reach the Open GDF Suez quarterfinals while Americans Bethanie Mattek-Sands and Christina McHale failed to make it out of the s

Zambia wins the African Cup

LUSAKA, Zambia (AP) -- Zambians poured out of their houses, clubs and bars to celebrate in the streets early Monday after watching their team beat Ivory Coast 8-7 on penalties in the African Cup finals. It was a bittersweet victory in Libreville, Gabon. La

Zambia wins the African Cup

LUSAKA, Zambia (AP) -- Zambians poured out of their houses, clubs and bars to celebrate in the streets early Monday after watching their team beat Ivory Coast 8-7 on penalties in the African Cup finals. It was a bittersweet victory in Libreville, Gabon. La

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Mortgage Corp loan provisions $71m off norm

Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Mortgage Corp loan provisions $71m off norm

Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Mortgage Corp loan provisions $71m off norm

Mortgage Corp loan provisions $71m off norm By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) existing policy underestimates loan loss provisioning by more than $71 million, it was disclosed yesterday, its chairman unveil

BTC to 'exceed' $60- $80m earnings goal

BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth

Law firm calls for creation of Bahamas aircraft registry

TWO senior lawyers are calling for the creation of a Bahamas aircraft registry, saying it could lead to a host of related businesses and industries. They said such a registry would create jobs, fuel economic diversity, potentially boost Family Island busi

Mortgage Corp's woes 'not good' for 70% of contractors'

Mortgage Corp's woes 'not good' for 70% of contractors' By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation's (BMC) 'going concern' woes are "not good news" for 70 per cent of Bahamian contractors who rely almost solely on the resi

Aviation industry 'not given its due'

Aviation industry 'not given its due' By NEIL HARTNELL Tribune Business Editor Developing a Bahamian aircraft registry could ultimately lead to spin-offs such as a "maintenance facility equivalent in size to Miami", an attorney yesterday urging: "Now is

Law firm calls for creation of Bahamas aircraft registry

TWO senior lawyers are calling for the creation of a Bahamas aircraft registry, saying it could lead to a host of related businesses and industries. They said such a registry would create jobs, fuel economic diversity, potentially boost Family Island busi

BANK IS FACING 50,000 ACCOUNT PROBE ON FATCA

By NEIL HARTNELL Tribune Business Editor Commonwealth Bank yesterday said it was facing the prospect of 'drilling down' into an estimated 50,000 client accounts to determine if there was any US beneficial ownership connection, while telling Tribune Busin

$500M REVENUE RISE NO FISCAL GAP BRIDGE

By NEIL HARTNELL Tribune Business Editor The Government's annual fiscal deficit averaged more than $170 million during the 2002-2008 'economic boom' years despite an almost $500 million rise in revenues over that period, showing that reining in out-of-co

Royal Bank takes top wealth management honours in Caribbean

Royal Bank of Canada's (RBC) regional wealth management arm has been recognised for providing the best private banking services in the Caribbean by Euromoney, a global banking publication. RBC, which markets itself as the sixth largest wealth manager in t

NEXT GOV'T 'CANNOT IGNORE' TAX REFORM

By NEIL HARTNELL Tribune Business Editor The next Government cannot "ignore the need" for tax reform and moving towards a sales/Value Added (VAT" tax regime, the minister of state for finance telling Tribune Business there was still "a reasonable enough