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ATLANTIS OWNER 'OUT OF MONEY AT $2.3BN PI SALE

By NEIL HARTNELL Tribune Business Editor The Atlantis resort's potential new owner could lose the entire $175 million it is owed if the proposed debt-for-equity swap with Kerzner International fails to go through, a lawsuit seeking to block the deal is a

ATLANTIS OWNER 'OUT OF MONEY AT $2.3BN PI SALE

By NEIL HARTNELL Tribune Business Editor The Atlantis resort's potential new owner could lose the entire $175 million it is owed if the proposed debt-for-equity swap with Kerzner International fails to go through, a lawsuit seeking to block the deal is a

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

Realtor names top producers

Damianos Sotheby's International Realty has named its 2011 Top Producers. They are: Samira Coleby, for the Bahamas; Bill Albury, Abaco; and Jonathan Morris, Eleuthera. Reflecting on 2011, Ms Coleby said: "The market is changing; clients are continually ch

Accountants choose Bahamian for report

Accountants choose Bahamian for report Bahamian forensic accountant, John Bain, has been selected to participate in a defining webinar hosted by the Association of Chartered Certified Accountants (ACCA) to develop the organisation's integrated report, pa

Accountants choose Bahamian for report

Accountants choose Bahamian for report Bahamian forensic accountant, John Bain, has been selected to participate in a defining webinar hosted by the Association of Chartered Certified Accountants (ACCA) to develop the organisation's integrated report, pa

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Roberts: Abaco interests up 11%

SUPER Value's owner has told Tribune Business that Abaco has proven "more resilient" to the global recession than any other Bahamas island, with his interests on the island seeing an 11 per cent increase in business year-over-year.

‘Unenviable balancing act’ confronting The Bahamas

The Bahamas “faces an unenviable balancing act between food security and fiscal discipline”, the Inter-American Development Bank (IDB) warned yesterday, with global financial developments proving “particularly concerning”.

$10m APD IPO to list before March end

$10m APD IPO to list before March end By NEIL HARTNELL Tribune Business Editor The $10 million Arawak Port Development Company (APD) initial public offering (IPO) should be listed on the Bahamas International Securities Exchange (BISX) by some point in

$10m APD IPO to list before March end

$10m APD IPO to list before March end By NEIL HARTNELL Tribune Business Editor The $10 million Arawak Port Development Company (APD) initial public offering (IPO) should be listed on the Bahamas International Securities Exchange (BISX) by some point in

$10m APD IPO to list before March end

$10m APD IPO to list before March end By NEIL HARTNELL Tribune Business Editor The $10 million Arawak Port Development Company (APD) initial public offering (IPO) should be listed on the Bahamas International Securities Exchange (BISX) by some point in

Developer seeks $10m in new equity finance

The developers behind Eleuthera’s French Leave Resort and Marina yesterday said they were “cautiously optimistic” about securing an additional $10 million in equity financing to fund the build-out of 20 more villas.

INSURER 'PURSUES' SCOTIABANK GROUP POLICY CONCERNS

By NEIL HARTNELL Tribune Business Editor Bahamas First yesterday said it would be "quite aggressive in pursuing" complaints that Scotiabank (Bahamas) was directly contacting its mortgage clients and urging them to switch to the bank's group homeowners in

INSURER 'PURSUES' SCOTIABANK GROUP POLICY CONCERNS

By NEIL HARTNELL Tribune Business Editor Bahamas First yesterday said it would be "quite aggressive in pursuing" complaints that Scotiabank (Bahamas) was directly contacting its mortgage clients and urging them to switch to the bank's group homeowners in

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Atlantis’s 4.5% Xmas rate rise beats hotel norm

Atlantis has seen a “quite substantial” 4.5 per cent year-over-year increase in average daily room rates (ADRs) for the upcoming peak Christmas/New Year season, a growth rate exceeding industry norms.

Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

Sky mulls US pull back after 15-20% loads

By NEIL HARTNELL Tribune Business Editor Sky Bahamas is "reviewing daily" whether it will reduce its US flight schedule or withdraw from that market completely, its president telling Tribune Business yesterday that load factors on some flights were down

Sky mulls US pull back after 15-20% loads

By NEIL HARTNELL Tribune Business Editor Sky Bahamas is "reviewing daily" whether it will reduce its US flight schedule or withdraw from that market completely, its president telling Tribune Business yesterday that load factors on some flights were down