Story
Union leader: NHI will end 'days of cook-outs'
A trade union leader is “definitely” backing the Government’s proposed National health Insurance (NHI) scheme, stating: “The days of cook-outs are over”.
Story
DNA dismisses PM's VAT comments as 'nonsense'
DNA leader Branville McCartney has dismissed Prime Minister Perry Christie’s latest comments on Value Added Tax as “utter nonsense” and criticised the government for trying to ram what could prove to be a disastrous tax system down the throats of Bahamians.
Story
Cans for kids launches 'Spring Bash Collection Competition'
THE non-profit organisation Cans for Kids is announcing its first “Spring Bash Collection Competition”.
Story
BTC chief says fibre roll-out 70% finished
THE BAHAMAS Telecommunications Company (BTC) will be increasingly relying on a fibre network roll-out that is 70 percent complete to drive revenue growth and market share, its newly-appointed chief executive says.
Story
BTC not at Liberty’s top as revenue rise flattens
The Bahamas Telecommunications Company (BTC) was not among its ultimate parent’s best Caribbean performers during the 2022 second quarter as revenues flat-lined against prior year comparatives.
Story
Crunch time for NIB on payouts
CRITICAL decisions will have to be made regarding the National Insurance Board and the administration of contributions it collects to ensure there remains longevity of the social security net’s benefits, according to a Cabinet minister yesterday.
Story
BEC breaches $100m bond issue conditions
The Bahamas Electricity Corporation (BEC) breached the financial terms of its existing plan $100 million bond issue, forcing it to seek a four-year waiver from investors.
Story
10-15% alternative energy penetration within next decade
RENEWABLE energies could penetrate between 10-15 per cent of Bahamian homes and businesses within the next decade, a local provider telling Tribune Business yesterday that consumers were receiving "payback" on his company's solar water heaters in "less than a year".
Story
Union: City Markets behind over payroll
Union: City Markets behind over payroll By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE union representing City Markets workers has said it would welcome the sale of the struggling food store chain if it meant saving jobs, o
Story
Union: City Markets behind over payroll
Union: City Markets behind over payroll By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE union representing City Markets workers has said it would welcome the sale of the struggling food store chain if it meant saving jobs, o
Story
Bahamian trio struggle in 200m heats
RIO de Janeiro, Brazil: A disqualification by quarter-miler Demetrius Pinder, a sixth place by collegian Teray Smith and seventh by recent graduate and national champion Shavez Hart was all the Bahamas could muster in the preliminary rounds of the men's 200 metres on Tuesday at the 2016 Olympic Gamers.
Story
Bahamian retailers set to create 'Federation'
Bahamian retailers will meet tomorrow to further their bid to create an industry Federation, with sector players warning it would be “catastrophic” not to warn the Government about Value-Added Tax’s (VAT) likely impact.
Story
FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
Story
FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
Story
FIRSTCARIB MARKET CAP SHRINKS 44% DURING RECESSION
By NEIL HARTNELL Tribune Business Editor CIBC FirstCaribbean International Bank (Bahamas) has seen its market capitalisation plummet by 44.4 per cent since the recession started, its 2011 annual report disclosing that return on equity (RoE) had also drop
Story
Bank bracing for short term VAT default 'spike'
Commonwealth Bank’s president said yesterday it anticipates a short-term spike in delinquencies when Value-Added Tax (VAT) is implemented on January 1, having estimated the previous model would have increased its own annual costs by $4 million.
Story
‘One law for all’ call on BPL no disconnect list
The existence of a Bahamas Power & Light (BPL) ‘do not disconnect’ list threatens to undermine accountability and the concept of “one law for all”, a governance reformer warned yesterday.
Story
Poorest Bahamians face 11% spend cut without VAT net
The poorest Bahamians would face an 11.2 per cent spending/disposable income cut over 10 years as a result of Value-Added Tax (VAT) if no ‘social safety net’ is provided, with poverty levels increasing in line with the tax rate.
Story
GB Power earnings $5.26m above rate approved by Port
Grand Bahama Power Company’s earnings exceeded its regulator-approved rate of return by $5.26 million for the 18 months to end-December 2013, with its bottom line undergoing an almost-$29 million year-over-year reversal.
Story
Wednesday targeted for City Market close
CITY Markets principal has told Tribune Business that a deal to sell the supermarket chain's remaining four stores to Super Value had been finalised, adding that attorneys still sorting out the paperwork had suggested it might close on Wednesday.
