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Doctors Hospital ‘going miles to be investor magnet’
Doctors Hospital’s tie-up with the Cleveland Clinic “will go miles to becoming a magnet” for The Bahamas to attract high net worth investors concerned about healthcare, its president said yesterday.
National debt near $10bn at 2020 end
The Bahamas’ national debt was just shy of $10bn at year-end 2020, the Central Bank revealed yesterday, having increased by $1.4bn during the previous 12 months.
Bank growth focus ‘not the way to go’
The Bahamas must target wealth owners and the entities that directly service them to grow its financial services industry, with a bank-focused strategy “not the way to go”.
Realtor fears Budget's dampening impacts
A Bahamian realtor fears the budget’s tax changes will dampen interest in high-end real estate and have a lasting impact on the luxury second home market.Monica Knowles, Bahamas Realty’s top producer in 2016, who less than two years ago saw what she
Web shops: Up to 50,000 gambling
Web shops yesterday estimated that between 30,000-50,000 Bahamians engage in gambling, as the sector formally launched its anti-addiction initiative.The Bahamas Gaming Operators Association’s (BGOA) Responsible Gaming and Addiction Prevention Program
Bahamas targets seat on global telecom body
Campaigning for The Bahamas to obtain on the International Telecommunications Council (ITU) is among the sector regulator’s priority projects for 2018.The Utilities Regulation and Competition Authority (URCA), in its recently-released 2017 annual rep
‘One law for all’ call on BPL no disconnect list
The existence of a Bahamas Power & Light (BPL) ‘do not disconnect’ list threatens to undermine accountability and the concept of “one law for all”, a governance reformer warned yesterday.
Broker's Dorian rental plans gain 'incredible momentum'
A Bahamian real estate broker says his proposed Rental Assistance Programme for Hurricane Dorian victims is gaining “incredible momentum” among potential investors. Mario Carey, principal of Better Homes and Gardens Real Estate MCR Group Bahamas, sa
‘Why we tightened the net for entry’
MINISTRY of Health officials noticed a significant increase in confirmed COVID-19 cases from travellers about three to four weeks ago, acting Chief Medical Officer Dr Phillip Swain said yesterday.
All-Star Weekend: Ayton selected to World Team
Both Bahamian born players in the NBA will participate in the league’s All-Star Weekend festivities.
Key industries to get ‘more flexibility’ on foreign capital access
Certain industries will be given “more flexibility” than others to raise financing from foreign sources should the Central Bank’s latest proposed exchange control relaxations be approved, its Governor said yesterday.
ART OF GRAPHIX: Don’t revert to type for the best designs
As graphic or web designers, we often focus on the practical aspects of design above all else. We focus on what works, with little regard for why it works. And, in our day-to-day work, that outlook serves us well. It lets us get our work done in an efficient, professional manner, and generally nets good results.
Gov’t doubles social assistance to $14m
“Front-loaded” salary increases for public sector workers were the main driver behind the $36.4m year-over-increase in the Government’s first quarter fixed-cost spending, it was disclosed yesterday.
Gov’t set to refinance $2.4bn in six months
THE Government has to refinance almost $2.4bn in maturing debt during the six months to end-June 2024, it has been revealed, with its euro-denominated liabilities almost doubling in percentage terms.
JUST 17% OF POOR GETTING BENEFITS
By NEIL HARTNELL Tribune Business Editor Less than 17 per cent of poor Bahamian households are receiving social security benefits, an Inter-American Development Bank (IDB) report highlighting a dysfunctional welfare system that is failing to reach those
Fidelity results 'below target' as provisions up 136%
Fidelity Bank (Bahamas)loan loss provisions rose by 136 per cent during the 2012 third quarter, its chief executive telling Tribune Business this pushed its results for the period “slightly below expectations”.
Breezes to host doubles tourney
The Bahamas will be out with basically the same team on the court as they did two years ago when the International Club of the Bahamas hosted the first inter-country tennis doubles tournament at Breezes Superclubs.
CHAMBER VOICE: Think before the expansion leap
In a familiar passage of sacred text, Jesus tells Simon Peter, an experienced fisherman, to launch out into the deep and cast The Net on the other side.
Colina insurer pumps $338k into affiliate's acquisition
BISX-listed Colina Holdings (Bahamas) and its life insurer subsidiary injected a collective $338,000 into an affiliate bank to finance its acquisition of Finter Bank & Trust (Bahamas), Tribune Business can reveal.
Exemptions can't hit VAT's revenue goals
The Government’s Value-Added Tax (VAT) revenue goals mean that any decision to ‘exempt’ a particular good or service will require it to impose the 15 per cent levy on another sector, a top Ministry of Finance official implied yesterday.
