| The Tribune

Baha Mar failure would need 'more aggressive' fiscal restructuring

A failure by Baha Mar to deliver on the projected 10 per cent stopover arrival increase is among the greatest risks facing the Bahamian economy, the International Monetary Fund (IMF) warning that expected 2.8 per cent economic growth in 2015 would “not materialise” if this occurred.

Crime a deterrent to buying in the Bahamas

A PROSPECTIVE second home-owner seeking to buy a home in New Providence is surprised by the murder rate and reports of the high levels of crime in The Bahamas.

Scotiabank reverses business volume trend

Scotiabank’s regional head yesterday said the increased business volumes its Bahamas operation is now enjoying suggest that last year’s downsizing exercise is already bearing fruit.

Credit Bureau to stop ‘risky loans’

Bahamian commercial banks issue “more risky loans” because they do not have full information on borrower creditworthiness, the industry regulator last night suggesting this had exacerbated the sector’s $1.028 billion non-performing loans.

EDITORIAL: Mitchell worries about legacy

WHILE Health Minister Dr Duane Sands has spent countless hours trying to discover how he is going to find the millions needed to bring the Princess Margaret Hospital up to an acceptable standard, we have Senator Fred Mitchell trying to defend the PLP’s legacy. After reading The Tribune’s front page today we are wondering what legacy there is to defend, but we leave that to our readers.

Cruise port proposal ditches 'cookie cutter'

A 50-strong Bahamian investor group says its “reimagination” of Nassau’s cruise port and downtown will fulfill demands “that we move away from cookie cutter proposals with no sense of place”.Gerald Strachan, founder, president and chief executive of

Assistance for 60 single mothers in Grand Bahama

SIXTY single mothers in Grand Bahama received much needed assistance this week thanks to the Bahamas Feeding Network (BFN) with the support of AML Foods Ltd.

Govt slams S&P for ignoring $1bn Baha Mar impact

The Government last night slammed Standard & Poor’s (S&P) decision to cut the Bahamas’ creditworthiness to ‘junk’ status, arguing that it had failed to “fully consider” growth-enhancing initiatives such as $1 billion in upcoming capital investments at Baha Mar.

Baha Mar: February 'goal' for final hotels

Baha Mar's president yesterday revealed its two remaining hotel brands will re-open in February 2021 as he hailed the mega resort's return as "a real shot in the arm" for the Bahamian economy.

CJ’s concerns over $3m City Markets pension deal

The now-Chief Justice had concerns over the deal that saw City Markets’ employee pension fund invest $3 million in a sale-and-leaseback deal over the now-defunct supermarket chain’s assets, saying he was “troubled” that the plan involved 25 per cent of the fund’s assets.

Renewable firm offers Bahamians 20% equity option

Baha Mar's renewable energy partner is giving Bahamian investors buying into its $3 million promissory note offering an option to convert their investment into a

Entrepreneur hails Island Luck scheme as a ‘lifesaver’

ISLAND Luck’s OWN Bahamas Programme has been described as a “lifesaver” for budding entrepreneurs like Youlette Etienne and others who have been recipients of grant money to launch their own businesses.

Devaluation issue ‘of when, not if’

A former Chamber of Commerce chairman yesterday warned that devaluation of the Bahamian dollar “is not a question of if; it’s a question of when”, describing the country as “a rudderless ship”.

Fidelity targets $5 with stock split by end-July

Fidelity Bank (Bahamas) top executive has pledged that its long-awaited stock split will occur before its end-July 2023 annual general meeting (AGM) as it targets a share price in the $5 range.

Clubs and Societies: 02122016

Bahamas Human Resources Association. - On Thursday, January 28, the Paul H. Farquharson Conference Center was all abuzz with excitement, laughter and talk as the Bahamas Human Resources Association (BHRA), under the theme “Grow. Achieve. Lead,” installed seven HR professionals to the 2016 executive board. At the helm of this board is President Villiemae Black, HR manager at the Bahamas Electricity Corporation (BEC).

Breezes to ‘vigorously press’ Baha Mar appeal

Attorneys for SuperClubs Breezes yesterday pledged to “vigorously press” for a quick hearing of its appeal against the Supreme Court’s refusal to grant a construction-stopping injunction that would halt work on Baha Mar’s $3.5 billion project.

Baha Mar avoids damages on $10m 'credit letter'

Baha Mar has reached a legal settlement that prevents a former hotel partner seeking specific damages against it for trying to draw down a $10 million Letter of Credit, although arbitration proceedings remain alive.

CLUBS AND SOCIETIES: 3112016

Cycling Club Bahamas. - Upcoming events: Weekday rides, east - Morning, Tuesday and Thursday leaving 5am sharp from Sea Grapes Shopping Centre, East Prince Charles Drive. This ride is a 17-mile loop to the Northbound Paradise Island Bridge and back again (Both bridges are sometimes incorporated depending on available time). Open to riders capable of 18+ mph for 1 hour. Lights are essential.

Is national pride worth the price?

Recent events have caused me to focus more closely at the given circumstances and I can only conclude that decisions have been taken in the name of “National Pride” but nobody has questioned at what cost.

Taxpayers should get 25% Baha Mar stake

The Bahamian taxpayer should have a 25 per cent equity stake in the Baha Mar project given the “shocking” amount of concessions handed to it by the Government, an outspoken QC argued yesterday.

All results / Stories

Sort By

Date

Authors