Kerzner tried to hold onto Atlantis to the end but fell under the questionable loan requirements of the “brazen self-dealing” Canadian conglomerate, Brookfield.
Debt-saddled Kerzner International transferred ownership of its Paradise Island properties to one of its lesser creditors, leading other lenders to voice serious complaints.
IDB loans are surging well over $200 million but officials say the the investments are necessary for sustainable growth.
The CEO of SureTrader says the new online brokerage firm will be the largest trader in the country within six months.
Credit Suisse has been accused of arranging hundreds of millions in predatory loans in an attempt to take over luxury resorts in the Bahamas and…
Caribbean Marketplace 2012 will feature record representation from Russia, with emphasis on Russian investors as a strong source of tourism and foreign investment.
The Bahamas Department of Statistics has launched a national wage and productivity survey at 600 organizations across major industries in the Bahamas.
Civil Servants and other government employees have the option of receiving a salary advance to facilitate them becoming owners of shares in the Arawak Cay…
Within the first quarter of 2012, legal representatives of Lex Justis are eager to provide the incorporation of ‘Executive Entities’ as part of its catalog…