All results / Stories / Neil Hartnell
Insurers: Don’t sleep on EU blacklisting ‘breathing room’
The Bahamas must not fall asleep after it gained “two years’ breathing room” to escape the European Union’s (EU) tax blacklist and preserve up to 40 percent of its hurricane reinsurance capacity, insurers are warning.
TUC chief: Labour law reform ‘unlikely’ before next election
The Trades Union Congress’s (TUC) president yesterday said it was “highly unlikely” that the controversial labour law reforms will be enacted before the upcoming general election, with little progress in negotiations at the National Tripartite Council.
BTC mobile competitor ‘not planning to lose’
The Bahamas’ second mobile operator says it is “not planning to lose”, as it kicked-off its market entrance with the introduction of the ‘Aliv’ brand, promising to deliver a superior experience and customer plans.
800 job applications for new mobile player
Cable Bahamas had received around 800 applications for jobs with the nation's second mobile provider by end-last week, it was revealed yesterday, and is confident the new operator can beat its financial targets.
Fiscal hawk fears politicians won’t ‘face the music’
The Government yesterday asked Moody’s to ‘take a bet’ that its economic growth and Budgetary initiatives will succeed, as a well-known fiscal hawk said: “They’re not going to have to face the music.”
Telecom provider pledges ‘unheard of’ service levels
A newly-launched telecommunications provider yesterday promised “unheard of” service quality levels for the Bahamian market, as it will incur financial penalties for failing to meet customer expectations.
Baha Mar becoming ‘huge white dinosaur’
A former Baha Mar director yesterday warned that the Government will soon “have a huge white dinosaur on their hands”, despite the project’s secured creditor promising that a solution is being developed.
Oil explorer: New fiscal regime does not apply to us
The Bahamas Petroleum Company’s (BPC) chief executive yesterday said the Government’s increased ‘take’ from oil exploration would not apply to its activities, because its fiscal terms were already set.
Cable slams ‘ill-timed’ INternet, TV price caps
Cable Bahamas warned regulators that their decision to impose price caps on its pay-TV and Internet services would be “ill-timed, intrusive and disproportionate”, arguing that these controls were unnecessary due to emerging competition.
Nassau world’s 5th most expensive city for hotel vacations
Nassau’s was yesterday ranked as the fifth most expensive city in the world for hotel accommodation, a finding that will further raise concern that this nation is slowly pricing itself out of the global tourism market.
RoyalFidelity's fund with 'different angle'
RoyalFidelity is planning to launch an “alternative” US$ fund this summer that aims to minimise market volatility risk, a move coinciding with the maturing of another product forecast to generate 50 per cent investor returns.
BISX: Majority of stocks don’t move more than 5%
The Bahamas International Securities Exchange (BISX) has “consistently” found evidence to support its method for calculating share prices, with most companies’ stocks never moving more than 5 per cent from the previous day’s close.
Roberts: Abaco interests up 11%
SUPER Value's owner has told Tribune Business that Abaco has proven "more resilient" to the global recession than any other Bahamas island, with his interests on the island seeing an 11 per cent increase in business year-over-year.
AML chair: three food retail players likely to survive
By NEIL HARTNELL Tribune Business Editor The Bahamian food retail market will ultimately be dominated by just three major players, AML Foods' chairman telling Tribune Business in the wake of Robin Hood's demise that consolidation was "inevitable". Dionis
PUT NATIONAL INTEREST 'IN FACE' OF ATLANTIS PARTIES
By NEIL HARTNELL Tribune Business Editor The Government has been urged to publish a "broad Bahamian policy" on Atlantis, a former finance minister urging it to put this nation's interests "in the face" of the parties starting to fight over the resort's o
ATLANTIS EYES 12-14% GROUP BOOKING RISE
By NEIL HARTNELL Tribune Business Editor Atlantis is looking at a 12-14 per cent increase in group business for 2012, the head of Kerzner International's Bahamian operations yesterday saying its $50-$60 million annual capital expenditure plans would like
RESORT PROJECT'S 'RISE FROM ASHES' VIA $20M SPEND
By NEIL HARTNELL Tribune Business Editor An Eleuthera resort project many thought 'dead and buried' may be about to rise from the ashes, its developer yesterday telling Tribune Business that the revised development would involve an investment "in excess
