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Five years until Credit Bureau is ‘meaningful’

Commonwealth Bank’s president yesterday said it could take up to five years for the proposed Credit Bureau to become a “meaningful tool” for commercial banks, due to the time required to build its database.

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PM says: ‘Make best of bad situation’ on VAT

A “very conciliatory” Prime Minister Perry Christie has urged the private sector to “make the most of a bad situation” on Value-Added Tax (VAT) and its implementation, Tribune Business can reveal.

CLICO liquidator saves $670,000 from IRS clutches

CLICO liquidator saves $670,000 from IRS clutches By NEIL HARTNELL Tribune Business Editor CLICO (Bahamas) liquidator has freed up "significant cash" worth some $670,000 by negotiating a settlement of the US Internal Revenue Service's (IRS) tax claim ag