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Bimini Bay facing homeowners revolt
The Bimini Bay Resort is facing a homeowners revolt in the Supreme Court, with multiple purchasers voicing concerns over how their properties and multi-million dollar maintenance fee sums are being managed.
Air cargo pull-out threat result of ‘ill thought-out policy’
The threat of a Bahamas boycott by Florida-based air cargo operators was yesterday branded as “the unintended consequences of ill-thought out policy” by the Opposition’s deputy leader. K P Turnquest warned that as an import-dependent economy, reliant on international transportation links, the Bahamian economy could only suffer if freight companies reduced or eliminated services to this nation.
Water Corporation owes BISX-listed firm $8.3m
Water Corporation owes BISX-listed firm $8.3m By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation's cash flow woes were highlighted again last night after BISX-listed Consolidated Water revealed that was owed $8.3 million for water
Water Corporation owes BISX-listed firm $8.3m
Water Corporation owes BISX-listed firm $8.3m By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation's cash flow woes were highlighted again last night after BISX-listed Consolidated Water revealed that was owed $8.3 million for water
Gov't pushes deficit elimination forecast back three years
The Government has pushed back its original projections for eliminating the fiscal deficit by three full years, and is now pinning its hopes on a $449 million, four-year 'swing' into surplus.
DPM: Bahamas must ‘prove’ itself to S&P
* ‘Not at all’ upset nation still ‘junk’ * Blames former Govt’s failure to deliver * Nation has 12-24 months to execute
The Government must “prove” it can deliver on its fiscal and economic turnaround strategy, the Deputy Prime Minister admitted yesterday, after Standard & Poor’s (S&P) kept the Bahamas at ‘junk’ status. K P Turnquest told Tribune Business he was “not at all” disappointed at the outcome of S&P’s annual review of the Bahamas’ sovereign creditworthiness, despite having previously expressed optimism that the Government could make the case to be upgraded to ‘investment grade’ status.
BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its
BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its
BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its
BONDED VEHICLE WOE IN FREEPORT
By NEIL HARTNELL Tribune Business Editor Bahamas Customs is insisting that Freeport residents who have bonded vehicles to operate part-time businesses cannot use them to travel to/from their main jobs, a former Grand Bahama Chamber of Commerce president
BONDED VEHICLE WOE IN FREEPORT
By NEIL HARTNELL Tribune Business Editor Bahamas Customs is insisting that Freeport residents who have bonded vehicles to operate part-time businesses cannot use them to travel to/from their main jobs, a former Grand Bahama Chamber of Commerce president
BONDED VEHICLE WOE IN FREEPORT
By NEIL HARTNELL Tribune Business Editor Bahamas Customs is insisting that Freeport residents who have bonded vehicles to operate part-time businesses cannot use them to travel to/from their main jobs, a former Grand Bahama Chamber of Commerce president
BONDED VEHICLE WOE IN FREEPORT
By NEIL HARTNELL Tribune Business Editor Bahamas Customs is insisting that Freeport residents who have bonded vehicles to operate part-time businesses cannot use them to travel to/from their main jobs, a former Grand Bahama Chamber of Commerce president
BONDED VEHICLE WOE IN FREEPORT
By NEIL HARTNELL Tribune Business Editor Bahamas Customs is insisting that Freeport residents who have bonded vehicles to operate part-time businesses cannot use them to travel to/from their main jobs, a former Grand Bahama Chamber of Commerce president
BONDED VEHICLE WOE IN FREEPORT
By NEIL HARTNELL Tribune Business Editor Bahamas Customs is insisting that Freeport residents who have bonded vehicles to operate part-time businesses cannot use them to travel to/from their main jobs, a former Grand Bahama Chamber of Commerce president
FNM deputy fears ‘bubble pop’ over infrastructure spend
The Government’s lack of investment in infrastructure will be “a bubble that pops” on the next administration, the Opposition’s finance spokesman warned yesterday, adding that this was contrary to the International Monetary Fund’s (IMF) advice.
$180M INVESTMENT FOR BORCO IN 2012
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent company is planning to invest between $130-$180 million, more than half its total 2012 capital expenditure, in upgrading the Grand Bahama-based oil storage facilit
'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
