Cable's 'amazing' Internet beats forecast almost 10%
Cable Bahamas saw “amazing” Internet revenue growth in 2012 that beat projections by almost 10 per cent, a senior executive telling Tribune Business yesterday that it was “hitting most of our target numbers for 2013”.
Ex-BTC chair has 'no doubts' on privatisation
A FORMER Bahamas Telecommunications Company (BTC) chairman has “no doubt” that its privatisation through the sale of a controlling 51 per cent stake was good for the Bahamian economy, as it eliminated politics from its operations.
Fund firm denies Swiss bank claims over $17.7m loss
A Bahamas-based fund administrator has denied relieving a Swiss bank “of any financial responsibility” for a $17.7 million transaction now at the centre of heated litigation in the New York courts.
Ex-Governor: 'Big dangers' from 70% debt
THE Bahamas’ debt-to-GDP ratio could “very quickly” breach the 70 per cent ‘danger threshold’ if it continues to accumulate debt at the rates seen over the past decade, a former Central Bank Governor has warned.
Fire-damaged branch's 40% expansion moves up
COMMONWEALTH Bank executives yesterday confirmed that plans to expand its fire-damaged Oakes Field branch by 40 per cent were being brought forward, with the upgraded site set to re-open before year-end.
BICA president first woman to be re-elected
The Bahamas Institute of Chartered Accountants (BICA) has re-elected Jasmine Y. Davis as its president. She is the first female BICA president to be elected to serve for a second term.
Car dealer hosts mechanic seminar
Freeport Jet Wash last week hosted a parts training session for all registered mechanics on Grand Bahama.
THE ART OF GRAPHIX: Encourage the budding genius
Does your budding genius child sit late into the night crafting sketches?
Regulator teams With BFSB over captive briefing
The Insurance Commission of the Bahamas (ICB) is teaming up with the Bahamas Financial Services Board (BFSB) to host an industry briefing on captive insurance next Wednesday.
Bahamians are warned: 'Free ride' is over
Bahamians must get used to “paying for what we get” in terms of government services, a former Central Bank governor suggesting many had enjoyed a ‘free ride’ for too long.
Bill 'clarifies' Stamp Tax exemption concern
The 2013 Stamp Tax amendments appear to eliminate a key concern for the real estate industry by making it clear that mortgage and conveyancing values will not be combined to disqualify first-time buyers from getting the duty exemption.
Copper exports ban 'alarmist'
BANNING copper exports was yesterday described as “an alarmist approach”, with one leading operator disclosing that it did not form the bulk of the industry’s exports.
Emerald Bay takes Caribbean top spot
Sandals Emerald Bay has clinched the Caribbean’s top spot at the TravelAge West WAVE Awards.
High net worth growth of 10% can aid Bahamas
The 10 per cent rise in the collective wealth of the world’s high net worth individuals (HNWIs), which hit $46.2 trillion at end-2012, shows the Bahamian financial services industry still has much to play for.
Bahamas Waste suffers 72% profit fall in 'terrible' Q1
Bahamas Waste’s managing director yesterday said it endured a “terrible” 2013 first quarter with net income down 72.3 per cent, due to a combination of key cost increases and reduced residential rates.
