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37m BTC IPO to reignite cap markets of 90s
August 16, 2011
37m BTC IPO to reignite cap markets of 90s
By NEIL HARTNELL
Tribune Business
Editor
THE BAHAMIAN capital markets will soon see initial public offering (IPO) activity regain its mid-late 1990s peak, Tribune Business was told yesterday, with the Government formally starting moves to sell a $37 million tranche of Bahamas Telecommunications Company (BTC) shares to the public.
A little-noticed Ministry of Finance advertisement last week for...
37M BTC IPO TO REIGNITE CAP MARKETS OF 90S
August 16, 2011
37M BTC IPO TO REIGNITE CAP MARKETS OF 90S
By NEIL HARTNELL
Tribune Business
Editor
THE BAHAMIAN capital markets will soon see initial public offering (IPO) activity regain its mid-late 1990s peak, Tribune Business was told yesterday, with the Government formally starting moves to sell a $37 million tranche of Bahamas Telecommunications Company (BTC) shares to the public.
A little-noticed Ministry of Finance advertisement last week for...
82 boat people repatriated yesterday in Cap-Haitien
July 06, 2011
82 boat people repatriated yesterday in Cap-Haitien
Haitilibre.com - The crewmembers from the Coast Guard Cutter Confidence (USCGC Confidence WMEC 619) have repatriated yesterday Friday, in Cap-Haitien, 82 Haitian boat-people.
Friday, the crew of the Confidence located a 40-foot sailing vessel
northwest of Great Inagua, Bahamas. Once on scene, the crew distributed lifejackets and safely transferred the 82 migrants to the Confidence from the s...
62.5m IPO to 'reignite' cap market interest
March 20, 2011
62.5m IPO to 'reignite' cap market interest
By NEIL HARTNELL
Tribune Business Editor
THE $62.5 million Commonwealth Brewery initial public offering (IPO) will "reignite" interest in Bahamian capital markets that have been "stagnant" for a decade, its placement agent has told Tribune Business, adding that the company "is priced at a discount of 15 per cent" to current 'Tier 1' stocks listed on the Bahamas International Securities Exchange ...
FirstCaribbean market cap falls almost 600m
March 02, 2011
FirstCaribbean market cap falls almost 600m
Sub-Deck:
* Drop from $1.76bn to $1.17bn shows recession's impact, as impaired loan portfolio grew $57.5m in 2010
* Business and government loans dropped $72.6 million or 6.3 per cent
* Management fees paid to parent raised operating expenses
* Equity return and efficiency ratios both declined
By NEIL HARTNELL
Tribune Business Editor
FirstCaribbean International Bank (Bahamas) has seen its ...
December 09, 2010
Aspiring gridiron stars showcase skills at Hurricanes' mini-cap
By RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net
DOZENS of aspiring gridiron stars, with their sights set on playing football in North America and an opportunity at higher education, turned out to exhibit their skills for Canadian football coaches at the Eastern Parade grounds Monday night.
About 40 players, ranging from current Commonwealth American Football League (CAFL) players ...
274 Haitian Nationals Repatriated
April 18, 2024
274 Haitian Nationals Repatriated
NASSAU, BAHAMAS — On Monday, April 15, a total of 274 Haitian nationals were repatriated from Matthew Town, Inagua, to Cap-Haitien, Haiti, aboard the Royal Bahamas Defence Force's HMBS Lawrence Major. The repatriation operation, led by David Rolle, Senior Immigration Officer, and his team of officers, saw the ship depart Matthew Town on Sunday, April [...]
June 14, 2010
Minister Deveaux addresses oil spill environmental concerns
Environmental sustainability and stewardship is the centre of public concern in the aftermath of the oil spill in the Gulf of Mexico, and Bahamians are viewing stewardship and conservation as the best exit strategy out of a recessed economy.
US deficit spending to strike 1.5 trillion
January 27, 2011
US deficit spending to strike 1.5 trillion
WASHINGTON
Associated Press
FAR from slowing, the US government's deficit spending will surge to a record $1.5 trillion this year, congressional budget experts estimated, blaming the slow economic recovery and last month's extension of Bush-era tax cuts.
Daunting for President Barack Obama, the non-partisan agency estimates a nationwide unemployment rate of 8.2 per cent on Election Day in 2012....
Bahamasair suspends flights into Haiti
March 04, 2024
Bahamasair suspends flights into Haiti
NASSAU, BAHAMAS-Bahamasair's Managing Director Tracey Cooper confirmed Monday morning that the national flag carrier Bahamasair has suspended all flights into Cap-Haiten, the airline's highest yielding route, as civil unrest mounts in that Caribbean island. While the gang-related violence has been more prevalent in the nation's capital, Port-au-Prince, Cooper said the decision was made "out [...]
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