Nassau/PI resorts in New Year sell-out
MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.
Make Nassau Harbour breaches 'top of pile'
Nassau Harbour’s deteriorating breakwaters should be “top of the pile” in the Government’s priorities, a port chief argued yesterday, given the threat to 90 per cent of the city’s imports.Michael Maura, Arawak Port Development Company’s (APD) chief e
Kingpin's family lose 'Bahamian supremacy' claim in $50m battle
THE family trust of a once-jailed gaming kingpin, represented by the Opposition’s leader, have seen the US courts reject their claim of ‘Bahamian legal supremacy’ over a $50 million tax battle.Judge Jan Dubois, sitting in the eastern Pennsylvania fed
Condo complex crippled by RBC account closure
AN Abaco condominium association yesterday accused Royal Bank of Canada (RBC) of leaving it financially crippled due to the “unexplained” closure of its account.Dan Proctor, chairman of Treasure Cay’s Atlantis Condominiums Complex, told Tribune Busin
Baha Mar closing 'paves way' for more expansion
Baha Mar’s new owner last night said the acquisition closing will “pave the way” for further investment and expansion at the $4.2 billion development.Chow Tai Fook Enterprises (CTFE) confirmed Tribune Business’s exclusive revelation on Tuesday that i
Investment Funds Bill to plug 'gaps'
THE new Investment Funds Bill will address “substantive legislative gaps” that left the Bahamas compliant with just one out of five global regulatory principles.K Peter Turnquest, the Deputy Prime Minister, yesterday said the regulatory overhaul - de
Insolvency Association focusing on education
BAHAMIAN accountants and attorneys have teamed to form the Restructuring and Insolvency Specialists Association (Bahamas) (RISA Bahamas”).The Association has been formed as a professional body for persons practicing restructuring and insolvency in th
Tourism officials brief US teams
SENIOR Ministry of Tourism officials met with their US and Canadian sales teams recently to outline 2018 business plans and priorities at a three-day seminar.Joy Jibrilu, the Ministry’s director-general (DG), led officials who met with personnel base
IAN FERGUSON: Saving Christmas by being prudent
CHRISTMAS is typically the season where Bahamians and people throughout the world disregard savings patterns and fiscally responsible spending, exchanging such behaviour for impulse buying and the satisfaction of extensive wish lists. One only needs
Govt's 'greater teeth' for corruption battle
The Attorney General yesterday said law enforcement will gain “greater teeth” to target civil servants, politicians and their relatives, and criminals living beyond their legitimate income.Carl Bethel QC told Tribune Business that the Unexplained Wea
'No celebration' as deficit shrinks 22%
The 22 per cent reduction in the Government’s first quarter deficit was “exactly what we want to see”, a governance reformer said yesterday, while warning celebrations are premature.Robert Myers, a principal with the Organisation for Responsible Gove
WTO may provide ‘the tools to fight’ EU/OECD listings
JOINING the World Trade Organisation (WTO) may give the Bahamas “the tools to fight” initiatives unfairly targeting its financial services industry, the Deputy Prime Minister said yesterday.
Bahamas at 'disadvantage' over EU's taxation focus
THE Bahamas is at “a disadvantage” in dealing with international regulatory initiatives that appear designed to restrict its competitiveness, the Deputy Prime Minister said yesterday.K P Turnquest told Tribune Business that the European Union (EU), i
Bank exits with just 'hint of blacklisting'
THE Bahamas could lose a number of bank and trust companies with just “a hint of blacklisting”, a Cabinet Minister warned yesterday, adding that the Government wanted “the best possible deal” for the sector.Brent Symonette, minister of financial serv
Bahamian non-profit teams for UN tourism presentation
A BAHAMIAN non-profit organisation teamed with a university lecturer to present a paper at the United Nations’ World Tourism Organisation (WTO) conference. Shaun D. Ingraham, the One Eleuthera Foundation’s (OEF) chief executive, and Elizabeth Mackay,
