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Bahamas ‘must get it right first time’ on tourism value

The Bahamas Hotel and Tourism Association’s (BHTA) president has warned that this nation will suffer reduced stopover arrivals unless its product value improves, adding: “We need to get it right first time.”

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

CROWN-ING MOMENT FOR OUR LAND REFORM

Food/water, energy, land and human capital are the four resources that all countries require not only for economic development but also their mere existence. These resources are so valuable that I have coined the term 'Essential National Assets' to collec

MORE BAHAMIAN HOMEOWNERS IF SMALLER LOTS SIZED PERMITTED

By NEIL HARTNELL Tribune Business Editor More Bahamians would be homeowners today if the authorities had acted on a 1984 report by now-Prime Minister Hubert Ingraham advocating that houses by constructed on lots under 5,000 square feet, the Bahamas Real

'Missing link' to grow BORCO revenue $20m

'Missing link' to grow BORCO revenue $20m By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) revenues could increase by up to $20 million per annum due to its owner creating "a critical link" between its Bahamian and US

'Missing link' to grow BORCO revenue $20m

'Missing link' to grow BORCO revenue $20m By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) revenues could increase by up to $20 million per annum due to its owner creating "a critical link" between its Bahamian and US

'Missing link' to grow BORCO revenue $20m

'Missing link' to grow BORCO revenue $20m By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) revenues could increase by up to $20 million per annum due to its owner creating "a critical link" between its Bahamian and US

Water Corporation owes BISX-listed firm $8.3m

Water Corporation owes BISX-listed firm $8.3m By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation's cash flow woes were highlighted again last night after BISX-listed Consolidated Water revealed that was owed $8.3 million for water

Water Corporation owes BISX-listed firm $8.3m

Water Corporation owes BISX-listed firm $8.3m By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation's cash flow woes were highlighted again last night after BISX-listed Consolidated Water revealed that was owed $8.3 million for water

Liquidation reforms to give nation advantage

By NEIL HARTNELL Tribune Business Editor Reforms to the Companies Act's liquidation regime that deal with assets held in trust are "very progressive" and give the Bahamas a competitive advantage over its main Caribbean international financial centre riva

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QC: Don’t reward $35m Nygard ‘law breaking’

The Government was yesterday urged not to reward two decades of alleged law-breaking by approving Peter Nygard’s new development applications, a well-known QC suggesting he had seized land worth $35 million without permission.

BAHAMAS TOP RETAIL SPOT FOR FIRSTCARIB

By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) accounted for the largest share of its Barbadian parent's retail banking revenues in the fiscal year ended on October 31, 2011, generating some $90.64 million or 44

SIR SOL STEPS DOWN AS KERZNER CEO

Sir Sol Kerzner yesterday stepped down as Kerzner International's chief executive in favour of long-time company executive, Alan Leibman, though he remains as the company's chairman. In that capacity, Sir Sol will work closely with Mr Leibman, former chie

Bahamian insurers eye TCI CLICO deal

Two Bahamian insurance companies are in negotiations to acquire CLICO’s Turks & Caicos business, Tribune Business can reveal, with the deadline for the cancellation of the insolvent insurer’s local medical policies just two weeks away.

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GB Power minimises $4.7m recovery effect

GB Power minimises $4.7m recovery effect By NEIL HARTNELL Tribune Business Editor The Grand Bahama Power Company (GBPC) has received regulatory approval to minimise the consumer impact of recovering a $4.7 million impairment charge by spreading it out o

Bahamas sees 'phenomenal' 11% airlift rise

By NEIL HARTNELL Tribune Business Editor The Bahamas saw a "phenomenal" 11 per cent increase in airlift capacity year-over-year for February 2012, the minister of tourism and aviation yesterday saying this trend reflected "growing visitor demand" and was

TUC chief: ‘jury still out’ on union-saving legislation

A trade union leader said yesterday that “the jury is still out” on whether the Government’s recent union-saving had truly “cured the mischief”, as one attorney confirmed he had filed for a Judicial Review over the issue.