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Resorts seek Memorial Day business boost

MAJOR resorts on New Providence are looking to capitalise on a “busy” US Memorial Day weekend, one resort manager telling Tribune Business yesterday that occupancy levels would be in the mid-80 per cent range.

Forum to assess national Budget

‘The Financial Voice’ (TFV) forum will conduct its annual examination of the Government’s 2013-2014 Budget and other issues relating to the Bahamas’ fiscal health on Thursday, May 30.

BTC targets 10 new franchises in 18 months

THE BAHAMAS Telecommunications Company (BTC) plans to open 10 new retail franchise locations in New Providence and Grand Bahama over the next four months, it said yesterday, with another 20 set to be launched within an 18-month period.

US drops challenge to $8m 'fraud' funds

By NEIL HARTNELL

Delinquent Mortgages: ‘20% can pay but don’t’

An estimated 20 per cent of delinquent Bahamian mortgage borrowers fall into the ‘can pay but won’t pay’ category, a situation the banking industry believes will be exacerbated by the Homeowners Protection Bill.

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BTC ‘not immune’ from CWC’s $100m cost push

The Bahamas Telecommunications Company (BTC) will “not be immune” to the $100 million savings drive of its majority shareholder, which yesterday said its Bahamian asset’s operating costs were still “higher than we’d like to see”.

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Insurers fearing ‘flood of claims’

Bahamian insurance companies were yesterday said to be concerned about a potential “flood of claims” as a result of Tuesday night’s heavy rains, as New Providence yesterday attempted to dry out and get back to business.

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Just six ‘eligible’ for mortgage relief

A Cabinet Minister yesterday said just six borrowers out of 147 deemed “potentially eligible” had qualified for help from the Government’s Mortgage Relief Plan.

Homeowners Bill to ‘level playing field’

THE proposed Homeowners Protection Bill will create a “level playing field” between borrowers and lenders, a Cabinet Minister yesterday asserting that the legislation represented the “modernisation” of the Bahamas lending framework.

THE ART OF GRAPHIX: A graphic analysis of the design mind

Do you agree that one of the most significant characteristics of a successful entrepreneur is one who understands himself, his mission, co-workers and clients?

Bank may ‘accelerate’ $2m expansion of fire-hit branch

Commonwealth Bank may “accelerate” the almost-$2 million expansion of its Oakes Field branch depending on how much damage Tuesday night’s fire caused, its president said yesterday.

Wage deduction ‘shock therpay’ poorly timed

The Government’s salary deduction cap “shock therapy” is long overdue but ill-timed, as it potentially threatens the still-fragile economic recovery.