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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

Businesses monitor air cargo fall-out

Bahamian businesses are continuing to monitor the fall-out from new and increased Customs fines on the air cargo industry, which has prompted some carriers to threaten to withdraw from this market.

Worker productivity concerns businesses

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WORKER productivity is a growing concern for employers, the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) chairman telling Tribune Business yesterday this was vita

NO SHORT-TERM END TO WATER CORP SUBSIDIES

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine

NO SHORT-TERM END TO WATER CORP SUBSIDIES

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine

Bahamas financial services set to feel BREXIT's impact

The UK's decision to leave the European Union (EU) could have a significant impact on the Bahamas' financial services industry, the Chamber of Commerce's chairman urging this nation to be an "interested observer" of what unfolds.

BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in

BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in

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'Seven digit' Atlantisinvestment delayed bygaming reform wait

Atlantis’s top executive yesterday said its planned multi-million dollar, “seven digit” investment in private gaming rooms was being delayed by the wait for casino gaming reforms to be passed.

AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis

AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis

Activist slams Shell LNG deal as ‘regressive step’

A WELL-known environmentalist yesterday said the adoption of liquefied natural gas (LNG) as the Bahamas’ main power source is a “huge regressive step”, questioning why the Government was not aggressively pursuing solar energy.

VAT to raise health insurance payments $40-$100 per month

Bahamian workers could see their contributions to employer-sponsored health insurance plans increase by between $40 to $100 per month once premiums are subjected to Value-Added Tax (VAT) from July 1.

PM pledges road project reviews

PM pledges road project reviews By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham said yesterday that an independent review would be undertaken of the government's administration of the New Providenc

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Christie: Public funds used to buy votes

PROGRESSIVE Liberal Party leader Perry Christie yesterday accused the government of using public funds to get votes.

CUSTOMS DISPUTE IN 'COOLING-OFF'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Customs, Immigration and Allied Workers Union (BCIAWU) is awaiting the certification of its strike vote, executive vice-president Sloane Smith recently told Tribune Busi

Just 30% of workers covered by pensions

Just 30 per cent of the Bahamian workforce is covered by employer-sponsored pension plans, the Central Bank’s governor said yesterday, acknowledging that the relative lack of diversified investment opportunities in the Bahamas presented challenges.

Union still seeking City Markets talks

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net TRADE union executives up to last night were still attempting to arrange a meeting with the principal of the City Markets foodstore chain to discuss the fate of the stores and its e

Some fishermen ‘shut it down’ following Irma

BAHAMIAN fishermen are hoping to “make up” for a rough 2017 with a better crawfish harvest before the season closes, the Bahamas Commercial Fishers Alliance’s (BCFA) president said yesterday.

SCRAP METAL REGULATIONS PUBLICATION TO COME SOON

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol