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Renewable firm backs BEC reform structure

The proposer of a $650 million waste-to-energy plant yesterday backed the Government’s decision not to break the Bahamas Electricity Corporation (BEC) into two, and instead select a management company to operate it.

Pinder: Sue for $13m over ‘Bahamas papers’

A former financial services minister yesterday suggested that this nation sue to recover the $13 million in Companies Registry search fees owed by the international journalists’ group responsible for the ‘Bahamas papers leak’.

'BUY BAHAMIAN' PRODUCES STRONG WHOLESALE RESPONSE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN "increasing number" of Bahamian wholesalers and retailers are purchasing local produce, according to Bahamas Agricultural and Industrial Corporation (BAIC) executives, who recent

MINISTER TO MEET ON SANDALS' LABOUR WOE

LABOUR Minister Dion Foulkes told Tribune Business yesterday that he has a meeting scheduled this afternoon with executives of the Bahamas Hotel, Maintenance and Allied Workers Union (BHMAWU) to discuss labour issues regarding Sandals Royal Bahamian. Mini

‘Bleak’ Xmas start for many retailers

Bahamian retailers yesterday described early Christmas season sales as “slow” and “bleak”, but expressed optimism they will see a major pick-up over the next week.

Self-starter targeting more major projects

Self-starter targeting more major projects By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme, is on its way to becom

Self-starter targeting more major projects

Self-starter targeting more major projects By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme, is on its way to becom

FNM deputy queries quality of Baha Mar building materials

The Opposition’s deputy leader yesterday expressed concern over Baha Mar slamming China State Construction, the lead contractor for its $3.5 billion development, and questioned whether there were material quality issues as well.

60% FIRST PHASE SELL-OUT MARKS 'SERENE' PROGRESS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A MAJOR western New Providence real estate development has sold about 60 per cent of its 400 first phase lots, an executive telling Tribune Business yesterday that the sales pace h

Economist: Enterprises Bill $250k should be ‘bit higher’

THE Commercial Enterprises Bill’s $250,000 investment threshold should have been “a bit higher”, a University of the Bahamas economist argued yestrerday. Rupert Pinder, addressing the Rotary Club of West Nassau, said the $250,000 benchmark for foreign companies applying under the Bill did not match the level of incentives being granted.

Retailers await ‘busy weekend’

BAHAMIAN retailers yesterday said sales have began to pick-up in the week prior to Christmas, amid anticipation of a “very busy weekend”. “The response to our retail Christmas offer has been outstanding. We are so thankful to our subscribers for their continued support of us, and we are looking forward to closing out the season with a bang,” Aliv’s chief business developer, Gravette Brown, told Tribune Business.

POST OFFICE HIT BY COMPLAINTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE BAHAMAS Postal Service is testing the efficiency of its local mail delivery service, acting Postmaster General, Leslie Cartwright, told Tribune Business yesterday, acknowledging

Minister 'very concerned' on City Markets

Minister 'very concerned' on City Markets By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LABOUR minister Dion Foulkes yesterday said he was "very concerned" about the job security for City Markets' remaining 400 employees, tell