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'Real life consequences': Fidelity's $560k Moody's hit
The Government's declining creditworthiness has sparked "real life consequences" for a BISX-listed bank by forcing it to take a "much bigger than expected" $560,000 hit in its 2022 full-year results.
Officials waiting on COVID-19 results after mother dies
HEALTH officials are awaiting test results to determine if a Bimini woman who died Monday night after an emergency medical flight to Nassau had COVID-19.
Bimini developers face $2.4m loss if 2-week dredge halt
Resorts World Bimini yesterday alleged it will suffer a “minimum” $2.352 million loss if the Privy Council-ordered bar on dredging remains in place until June 4.
CIBC: 70% of staff exits ‘voluntary’
Some 70 per cent of the workers that have left CIBC FirstCaribbean International Bank (Bahamas) as a result of its ongoing restructuring were voluntary departures, its regional chief executive said yesterday.
PM optimistic about economy in Grand Bahama
FREEPORT – Prime Minister Perry Christie revealed that his government has been meeting with investors who are interested in making investments in the tourism and industrial sectors on Grand Bahama.
CENTRE FOR HOPE: 'WE INVITE YOU ALL TO GET INVOLVED'
By Anne Lever AS chairperson of the Lignum Vitae Centre of Hope, I would like to extend a very sincere thank you to all those responsible for making this supplement become a reality - the private sponsors, the advertisers, and particularly the dynamic te
CENTRE FOR HOPE: 'WE INVITE YOU ALL TO GET INVOLVED'
By Anne Lever AS chairperson of the Lignum Vitae Centre of Hope, I would like to extend a very sincere thank you to all those responsible for making this supplement become a reality - the private sponsors, the advertisers, and particularly the dynamic te
Rolle: Bahamian unemployment rate 'not out of the doldrums yet'
Rolle: Bahamian unemployment rate 'not out of the doldrums yet' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian unemployment rate now at 15.9 per cent is a clear indication that the economy has "not turned out of th
Driving visitors away
The main economic drive of the Bahamian economy is tourism. The role of the Ministry of Tourism is to promote the country and bring as many visitors as possible. The opposite is currently happening as entry rules for the needed visitors are so difficult that few can complete them.
PRIVATE SECTOR MIXED ON OIL DRILLING RESULTS
A MAJOR realtor said it was a “good thing” that the Bahamas Petroleum Company (BPC) did not find commercial quantities of oil as the private sector offered mixed views on the exploratory drilling results.
Travel rules ill thought
AS A long-time regular visitor and winter resident of Nassau from Toronto I have been following your ongoing articles and letters concerning the entry requirements for The Bahamas. The Finance Minister keeps making financial projections for tourism and The Tourism Minister keeps making ongoing rules. Yet the people affected by these rules – your prospective visitors– largely remain unconsulted.
How to detect if you are a micromanager
With so many employees now working from home, corporate leaders are becoming concerned that some are not fully engaged in work assignments. As a result, many have resorted to micromanaging their staff by making excessive Zoom and telephone calls. Mi
PLP: The PM's address 'offered no immediate economic, social relief'
THE Progressive Liberal Party yesterday downplayed the announcements in Prime Minister Dr Hubert Minnis’ national address, saying it “offered no immediate economic and social relief”. “The net result of the government’s fiscal and economic policies
IAN FERGUSON: Do not leave employee performance to chance
Every progressive business establishes improving worker performance as a primary goal. Greater productivity and efficiency results in increased profit and market share; it’s that simple. When workers are not learning or improving, and are not motivat
'Gun epidemic closely tied to drugs trade'
OF THE 762 murders in the country since 2012, 629 of these have been as a result of gun violence, National Security Minister Marvin Dames revealed yesterday. So far this year, he said, there have been 31 murders, but 87 percent of these or 27 involved firearms. Between 2012 and 2018, approximately 602 or 82.4 percent of the 731 homicides involved guns, he also said.
Jubilee Gardens residents planning legal action after fire
JUBILEE Gardens residents are planning to take legal action against the Christie administration as a result of the recent fire at the New Providence Landfill, an attorney representing some of them confirmed yesterday.
EDITORIAL: Fierce debate on shape of Brexit
LAST week in this column, we referred to a court hearing in London about parliamentary sovereignty in face of the British government’s decision to start the process of leaving the European Union (EU) following the nation’s referendum in June.
'Govt must do what it can to lower crime rate'
PROMINENT politician Cynthia “Mother” Pratt voiced her support of the government’s efforts to fight crime, explaining that legislators “must do what they can do” to lower the country’s persistent crime rate.
The faults that can damage your brand
Many people have become familiar with the damaged brands of General Motors, Target and Paula Deen Enterprises. Each of these entities made gross errors in their delivery of products and services, resulting in reduced customer loyalty and, ultimately, lower output and profits.
Insurer exceeds targets despite 6% top-line fall
Bahamas First yesterday said it beat its 2014 underwriting income targets by between 5-10 per cent, despite encountering margin pressures that cut top-line premium income by more than $9 million.