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Party by party: where the candidates stand on crime

THE Bahamas put the world on alert in early 2010 after a country which is noted for its sun, sand and sea racked up 87 murders the year before.

PharmaChem more than $68m insolvent

PharmaChem Technologies is more than $68m insolvent with its major creditor having secured just 26.3 percent of the massive debt owed to it, Tribune Business can reveal.

Post Office collapse 'killing our economy'

Businesses yesterday blasted the “really disgraceful” collapse of The Bahamas’ postal system for “killing our economy”, with some revealing they only received February’s mail yesterday.Anthony Howorth, a well-known financial services provider, told T

Privatisation targets wages 99% of income

A key privatisation target’s payroll costs now equal 99 percent of revenues, a Cabinet minister has revealed, as he confirmed: “We’re trying to outsource as many entities as possible.”

Chamber chief: 'We don't want ghosts of Baha Mar past'

Fears of new Baha Mar construction delays are particularly ill-timed, the Chamber of Commerce’s chief executive yesterday warning: “We don’t want that ghost haunting us again.”

City Markets pension plan ‘unable to pay $11m’ owed

The City Markets employee pension fund was unable to pay the $11 million owed to beneficiaries as at end-June 2009 “because of lack of liquidity”, a forensic accounting report has alleged.

Bahamas must 'get real' over tourism re-opening

The Bahamas must "get real" on the urgent need to re-open its tourism industry, a Cabinet minister argued yesterday, adding: "We've got to pull the trigger." Dionisio D'Aguilar, minister of tourism and aviation, told Tribune Business that The Bahama

RoyalFidelity equity fund investors see near-20% returns

RoyalFidelity Merchant Bank & Trust’s mutual fund family has enjoyed its “third straight year of positive returns” following their 2012 restructuring, with its equities fund generating near-20 per cent for investors.

The disappearing male of the species

THIS weekend, at the Atlantic Medical Fun Run and Walk, there were large numbers of people out supporting the event and getting a little exercise in the process. They all seemed to have a blast. One thing that people lining the route did comment on, however, was the lack of men.

Wilson: BTC has ‘no choice’ on downsize

A leading critic of the Bahamas Telecommunications Company’s (BTC) privatisation has defended its controlling shareholder’s decision to further downsize the workforce, arguing: “What choice do they have?”

‘Bigger picture’ stops Baha Mar breach action

The hotel union has not filed a trade dispute against Baha Mar, despite the recent 190 Crystal Palace lay-offs seemingly breaching their industrial agreement, because it is focused on “the bigger picture” of getting those workers reemployed by the resort owner.

BRISTOL PREMIER'S 'BEST OF THE BEST'

By NEIL HARTNELL Tribune Business Editor Bristol Wine and Spirits is aiming to showcase "the best of the best" in its wine and spirits portfolio through next week's 'soft opening' of its one-acre Premier Cru venue on Gladstone Road, its president yesterd

Project fills ‘10-year void’ for upper middle housing

A south-west New Providence development was yesterday said to be filling a “ten-year void” in the middle class housing market after clinching $13m in lot sales during its first three months.

Bran: Landfill could be Baha Mar ‘deal breaker’

The Democratic National Alliance’s (DNA) leader yesterday questioned if Baha Mar’s new owner had done proper ‘due diligence’ on its purchase, warning that it “hasn’t seen anything yet” in relation to the New Providence landfill.

Bahamian musical chairs

PLEASE allow me a space in your valued chronicle to dually vent and share as the General Elections loom.

UPDATED: Former deputy speaker arrested in theft probe

DION Smith, the former deputy speaker of the House of Assembly, was yesterday taken into custody in connection with an ongoing probe into “theft by reason of employment” at the Bahamas Agricultural and Industrial Corporation, which he headed under the Christie administration.

McCartney demands due diligence over Baha Mar buyer

DEMOCRATIC National Alliance Leader Branville McCartney yesterday demanded the Christie administration reveal to Bahamians whether it has done due diligence in probing the dealings and business connections of proposed Baha Mar purchaser Hong Kong-based Chow Tai Fook Enterprises (CTFE).

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