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August 18, 2010
ZNS SUSPEND REPORTER ALLEGED TO HAVE REPRESENTED NYGARD
By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
A ZNS reporter who is alleged to have met with the Bahamas National Trust as a representative of controversial fashion designer Peter Nygard has been suspended pending a "full investigation."
Sherman Brown, who has denied any wrongdoing and threatened to sue the BNT and The Tribune over the claims, was suspended on full pay effective ...
General insurers mull name change
August 22, 2010
General insurers mull name change
By NEIL HARTNELL
Tribune Business Editor
THE Bahamas General Insurance Association (BGIA) and its members are mulling whether to change its name to the Bahamas Insurance Association to better reflect attendee composition, Tribune Business can reveal, its chairman also telling this newspaper the organisation was "feeling fairly positive" it could resolve its current regulatory concerns.
Timothy ...
Street vendors on the rise amid recession
August 24, 2010
Street vendors on the rise amid recession
FREEPORT - There has been a significant increase in the number of street vendors and peddlers in recent months on Grand Bahama, where jobs are still scarce and the economy is in recession.
Bank to 'address' broker concerns
August 23, 2010
Bank to 'address' broker concerns
By NEIL HARTNELL
Tribune Business Editor
SCOTIABANK (Bahamas) yesterday said it had "agreed to address" concerns raised by small Bahamian insurance brokers over its group homeowners arrangement with J. S. Johnson, its managing director telling Tribune Business the bank would be "toast" if just 10 per cent of its mortgage portfolio was uninsured when a major hurricane hit.
Barry Malcolm told thi...
200m loan 'impasse' hurdle for Baha Mar
August 25, 2010
200m loan 'impasse' hurdle for Baha Mar
PRIME Minister Hubert Ingraham yesterday met with Baha Mar's principals and the Chinese Ambassador to further discuss the proposed $2.6 billion Cable Beach redevelopment, sources familiar with developments told Tribune Business, the main remaining obstacle being the $200 million outstanding loan the developer owes to the Scotiabank (Bahamas) syndicate.
Tribune Business revealed months ago that ...
'Fairly flat' forecast concerning resorts
August 26, 2010
'Fairly flat' forecast concerning resorts
THE Bahamian hotel industry is concerned that current business projections for September and October, the low point of the tourism season, "are fairly flat" against 2009 comparatives, Tribune Business was told last night, although the sector was encouraged by July occupancy levels that almost matched pre-recession figures.
August 26, 2010
Press Statement From Neko C. Grant Minister of Public Works & Transport
I wish to correct the false impression that may have resulted from a misleading front page article in The Bahama Journal of Wednesday, August 24, 2010.
Under the headline, ?Minister Admits Mistakes?, the article notes that I stated that ?mistakes? were made in the Ministry?s public relations campaign relative to the New Providence Road Improvement Project (NPRIP) generally, and the work being ...
'35m gap' needs plug for Baha Mar go-ahead
August 27, 2010
'35m gap' needs plug for Baha Mar go-ahead
A $35 million gap is separating Baha Mar and Scotiabank from resolving the former's $200 million loan, the last major obstacle to the $2.6 billion Cable Beach project going ahead, as sources familiar with developments told Tribune Business a 'debt-for-equity' swap was being actively discussed by both parties.
Hotel industry is '60 per cent of way back'
August 25, 2010
Hotel industry is '60 per cent of way back'
By NEIL HARTNELL
Tribune Business Editor
THE Nassau/Paradise Island resort industry is "60 per cent of the way back" to pre-September 2008 levels on revenue generation and occupancies, the Bahamas Hotel Association's (BHA) president said yesterday, telling Tribune Business he estimated the sector would return to pre-recession numbers by the 2011 second quarter.
Robert Sands, who is also Baha Ma...
Woman in Action: Robust Robbin
August 26, 2010
Woman in Action: Robust Robbin
The popular bi-weekly newspaper of The Bahamas,
The Punch did a feature on me today for their "Woman in Action" column. I'd like to share it with you. Here is what they wrote:
(The Punch, August 26, 2010) Robbin Whachell ls the editor,
administrator, and co-founder
of TheBahamasWeekly.com,
an online news, community,
events, sports, arts, culture,
entertainment and Information
source about The Ba...
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