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Union: No concern over BEC manager integrity

A BEC union leader yesterday said he had no concern over the integrity of its preferred management partner due to assurances given by the Government, telling Tribune Business: “It is what it is”.

ROYALSTAR INVESTORS GET '200% PAY OUT'

By NEIL HARTNELL Tribune Business Editor RoyalStar Assurance is expecting to generate a $2-$3 million net profit for 2011 despite enduring a tough year, its managing director yesterday saying the company had to-date "paid out almost 200 per cent" of the

Bahamasair suffers $8.5m income loss

BAHAMASAIR has warned the trade union rep- resenting its line staff that it faces “stark financial realities”, having lost $8.5 million in income this financial year with the possibility of further setbacks to come.

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Operators 'very concerned' over URCA's budget

Operators 'very concerned' over URCA's budget By NEIL HARTNELL Tribune Business Editor The two major industry players are "extremely concerned" with the communications regulator's proposed 2012 budget, warning that financing this through a licence fee i

Operators 'very concerned' over URCA's budget

Operators 'very concerned' over URCA's budget By NEIL HARTNELL Tribune Business Editor The two major industry players are "extremely concerned" with the communications regulator's proposed 2012 budget, warning that financing this through a licence fee i

Operators 'very concerned' over URCA's budget

Operators 'very concerned' over URCA's budget By NEIL HARTNELL Tribune Business Editor The two major industry players are "extremely concerned" with the communications regulator's proposed 2012 budget, warning that financing this through a licence fee i

'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015

By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st

'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015

By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st

'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015

By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st

'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015

By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'

By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w

'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015

By NEIL HARTNELL Tribune Business Editor The Grand Bahama Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could st

$20M FIRE LOSSES 'UNPRECEDENTED'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian general insurer yesterday said the pre-recession 60/40 split in its auto book had been reversed in favour of third party coverage, with 2011 an "unprecedented" year for large fire-related claims

Freeport: Further uncertainty over VAT TIN demand

Fears are mounting that Freeport’s commercial environment is being further stifled by a new Customs edict that all Grand Bahama Port Authority (GBPA) licensees must obtain a VAT TIN number.