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Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop

Answers sought on City Markets

Answers sought on City Markets By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The trade union representing City Markets' line staff is urgently seeking clarification from the Finlayson family over claims that the embattled fiv

Receivables over three times' Water Corporation target

By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating

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

EDITORIAL: Do not turn a blind eye to those struggling

THERE is a problem that besets many in our nation that we sadly too often turn a blind eye to – the issue of homelessness.

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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.

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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.

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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.