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Firm mulls legal fight on URCA licence revocation

Firm mulls legal fight on URCA licence revocation By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessman said yesterday he is considering whether to pursue legal action against the Utilities Regulation & Comp

Young liberals accuse govt over road project

Young liberals accuse govt over road project THE Progressive Young Liberals accused the government yesterday of mismanaging the New Providence Infrastructure Improvement Project, and said the additional money allotted to the scheme could have been used

Quiznos opening creates 15 jobs

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net QUIZNOS Subs (Bahamas) has re-established its presence on Paradise Island through a Marina Village outlet, a move that will provide employment for 15 persons, Tribune Business was t

Quiznos opening creates 15 jobs

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net QUIZNOS Subs (Bahamas) has re-established its presence on Paradise Island through a Marina Village outlet, a move that will provide employment for 15 persons, Tribune Business was t

Quiznos opening creates 15 jobs

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net QUIZNOS Subs (Bahamas) has re-established its presence on Paradise Island through a Marina Village outlet, a move that will provide employment for 15 persons, Tribune Business was t

Sandals proposes Bahamasair change

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of

Sandals proposes Bahamasair change

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of

GOV'T TARGETS RENEWABLE ENERGY FUNDING GROWTH

THE Government is seeking to establish new funding mechanisms as it expands its renewable energy infrastructure, the Minister of State for the Environment said recently. Speaking at the official launch of the solar water heater and solar photovoltaic (PV

Bahamasair to unveil new fleet 'within 30 days'

Bahamasair expects to unveil the "change-out" of its Dash-8 dominated aircraft fleet within the next 30 days, a move it hopes will slash maintenance and operational costs.

Better links to 15% Out Island cruise rise goal

Better links to 15% Out Island cruise rise goal By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WHILE CRUISE arrivals to the Family Islands grew by 15 per cent in 2011, the minister of tourism and aviation yesterday said he want

Firm mulls legal fight on URCA licence revocation

Firm mulls legal fight on URCA licence revocation Sub-Deck: * Says that under Hawksbill Creek should not pay fees * 'No doubt' it can win case on merits By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A GRAND Bahama businessma

REGULATOR URGED TO NOTE BANK/CREDIT UNION SPLIT

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WITH the Central Bank moving towards bringing all Bahamian credit unions under its regulatory purview, a leading executive told Tribune Business yesterday it was important the regul

BEC EYES 'BREAK EVEN' FOR 2011

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) 2011 bottom line performance is expected to be closer to "break even" than original $5 million projections, due to Hurricane Irene, but w

$25M PROJECT FIGHTING SALES 'SLUMP OFF'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE lead developer of Lyford Hills told Tribune Business yesterday that sales of the 126 Phase I lots had "slumped" during the 2011 second half despite a promising start, with some

NIB 1% RATE IS RISE PROPOSED

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A recommendation to increase the National Insurance Board (NIB) contribution rate by one percentage point to 10.8 per cent has been lodged

NIB 1% rate is rise proposed

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A recommendation to increase the National Insurance Board (NIB) contribution rate by one percentage point to 10.8 per cent has been lodged

Bahamas must get balanced tourism

The Bahamas must ensure it strikes the right balance between its cruise and stop-over business, the FNM's deputy leader reiterating that it provide a competitive and unique product.

Bahamas forms committee to manage its debt

Bahamas forms committee to manage its debt By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A DEBT and cash management committee has been formed to create a medium-term debt strategy for the Bahamas, Central Bank governor Wendy C

BEC receivables decline by 'millions of dollars'

BEC receivables decline by 'millions of dollars' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) accounts receivables have gone down by the "millions of dollars" within the past four

UNION 'VIGILANT' ON ATLANTIS JOBS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man