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‘Crying shame’ to ignore oil potential

It would be a “crying shame” if the Bahamas simply sat back and allowed potential oil revenues to just “sit out there”, a Cabinet minister said yesterday.

Two Bahamians finish KPMG 'FATCA adademy'

KPMG (Bahamas) has announced that two members of its staff have completed specialist training for the implementation of Foreign Account Tax Compliance Act (FATCA). Annie Chinafat, a principal in its audit practice, and Kendell Pierre, an associate directo

Two Bahamians finish KPMG 'FATCA adademy'

KPMG (Bahamas) has announced that two members of its staff have completed specialist training for the implementation of Foreign Account Tax Compliance Act (FATCA). Annie Chinafat, a principal in its audit practice, and Kendell Pierre, an associate directo

DOCTORS TARGETING JUNE ON WESTERN RE-OPENING

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DOCTORS Hospital plans to re-open its Western Medical Plaza in June, its president telling Tribune Business yesterday that some $1.2 million would be invested to ready the outpatien

DOCTORS TARGETING JUNE ON WESTERN RE-OPENING

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DOCTORS Hospital plans to re-open its Western Medical Plaza in June, its president telling Tribune Business yesterday that some $1.2 million would be invested to ready the outpatien

KFC INDUSTRIAL DEAL TALKS START

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net EXECUTIVES of the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) and KFC (Nassau) began negotiations on a new industrial agreement on Friday, with the union's vice-presid

INDUSTRIAL UNREST 'NOT MOTIVATED' BY GENERAL ELECTION

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE recent escalation in industrial unrest is in no way motivated by the upcoming general elections according to prominent labour attorney and leader, Obie Ferguson, who has several

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Price Control: Our 2-year plea was fruitless

The Price Control Commission’s chairman yesterday reiterated warnings that it may seek to dictate business prices via legislation, arguing that many had failed to respond to two years’ worth of pleading by himself.

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Bahamas could get marketplace again in 2013

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas could play host to the Caribbean Hotel and Tourism Association's (CHTA) Caribbean Marketplace summit again next year, the organisation's president, Josef Forstmayr told

Super Value chief in VAT ‘exclusive’ push

* Blames ‘inclusive’ switch for 10% sales fall * Plans to ‘go back at Gov’t’ over issue * ‘We don’t have to be contrary to world’

SUPER Value’s owner yesterday said will appeal to government for permission to revert to Value Added Tax (VAT) ‘exclusive’ pricing, blaming the switch for this year’s 10 per cent sales decline. Rupert Roberts, while likely reigniting the ‘inclusive’ versus ‘exclusive’ VAT pricing debate, told Tribune Business that Super Value’s 2017 top-line had seen a marked decline in comparison to the two years prior, during which time the food store chain had used VAT ‘exclusive’ pricing.

Cotton Bay developer: ‘Open up’ work permits

Prime Minister Perry Christie yesterday said the developers behind the proposed Four Seasons resort project at Cotton Bay had asked the Government to “open up on work permits”, so the development could maintain the brand’s standards.

Over 500 sign up for BEC relief plans

Over 500 sign up for BEC relief plans By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The BAHAMAS Electricity Corporation's (BEC) executive chairman said yesterday it was too early to tell what impact the Government's assistance

Airline '90% complete' on $4.5-$5M project

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling

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Three-year recognition is ‘vexing’ trade unions

Union recognition is taking a “vexing” three years to complete, a leading trade unionist says, rather than the desired three months.

LOCAL TECH COMPANY INTEGRATING TOURS TO ITS RETAIL OFFERING

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A NEW Bahamian tech accessory company is integrating tours to its retail offering, its president telling Tribune Business that the venture would provide local artists access to tour

LOCAL TECH COMPANY INTEGRATING TOURS TO ITS RETAIL OFFERING

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A NEW Bahamian tech accessory company is integrating tours to its retail offering, its president telling Tribune Business that the venture would provide local artists access to tour

LOCAL TECH COMPANY INTEGRATING TOURS TO ITS RETAIL OFFERING

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A NEW Bahamian tech accessory company is integrating tours to its retail offering, its president telling Tribune Business that the venture would provide local artists access to tour

LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP

LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP

LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP