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BAHAMAS TARGETS 15 AIRLINE MEETS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN tourism and airport executives are expecting to meet with 15 airlines at this year's Routes Americas conference, according to tourism director-general David Johnson, who sa

BAHAMAS TARGETS 15 AIRLINE MEETS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN tourism and airport executives are expecting to meet with 15 airlines at this year's Routes Americas conference, according to tourism director-general David Johnson, who sa

Gov’t to tackle mail boat concerns ‘in earnest’

A CABINET minister yesterday said he has committed to a “sit down” with mail boat operators after Christmas to address “in earnest” industry concerns.

BEC: 5,500 make payment deals

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat

BEC: 5,500 make payment deals

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat

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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

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Atlantis owner eyes 'significant' 5-year investment programme

The Atlantis resort’s owner is looking to invest a “significant sum” in a five-year capital expenditure plan for the Paradise Island resort, having pronounced itself “quite excited” to have completed the $1.9 billion refinancing.

Radar woe spells 'possible disaster'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net An "erratic" radar system at Lynden Pindling International Airport (LPIA) is another ingredient for "possible disaster" in the aviation industry, the head of a Bahamian-owned airlin

Radar woe spells 'possible disaster'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net An "erratic" radar system at Lynden Pindling International Airport (LPIA) is another ingredient for "possible disaster" in the aviation industry, the head of a Bahamian-owned airlin

Radar woe spells 'possible disaster'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net An "erratic" radar system at Lynden Pindling International Airport (LPIA) is another ingredient for "possible disaster" in the aviation industry, the head of a Bahamian-owned airlin

Long Island is ‘like nation’s step child’

Long Island feels “like the step child of the Bahamas”, its Chamber of Commerce president yesterday warning an absence of growth and infrastructure is forcing businesses to close down.

Tripartite Council ‘serves no purpose’

The Trade Union Congress’s (TUC) president has vowed to pursue the its grievance against Sandals Royal Bahamian’s termination of 600 employees to its “logical conclusion”, arguing that the Attorney General’s decision to nullify their case against the resort’s top executives had put workers in a ‘frightening” position.

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'Internal brain drain'costs Bahamas $3.5bn

The Bahamas is losing nearly $3.5 billion to the “internal brain drain” caused by low worker productivity, a well-known eye doctor yesterday arguing this was having a greater economic impact than the loss of 61 per cent of tertiary-educated Bahamians to jobs abroad.

Bahamian retailers hit by ‘showroom effect’

BAHAMIAN retailers yesterday said they have fallen victim to the “showroom effect” with consumers using them as ‘fitting rooms’ before purchasing online.

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Union to ‘do what it has to do’ over Hilton meltdown

The  hotel union’s president yesterday said that if working conditions at the British Colonial Hilton do not improve soon it will “do what it has to do”, amid an air conditioning breakdown that has persisted for more than a week.

Economist backs spending cuts to end ‘major wastage’

A University of the Bahamas economist yesterday backed government spending cuts on the grounds there has been “a great deal of wastage”. Rupert Pinder, addressing a Rotary Club of West Nassau luncheon, said: “We cannot overemphasise the importance of economic growth. You can cut spending until the cows come home, but what is really going to put this economy on a strong footing is growth. I am a proponent for cuts in public spending because I think there has been a great deal of wastage.

Land registration still ‘stuck in 18th century’

The Bahamas’ land registration system remains “stuck in the 18th century, an Abaco realtor believes, while calling on this country to develop a proper Land Use Plan (LUP).

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.

BAHAMAS EYES 15% Q1 GROUP TOURISM RISE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to experience a "robust" 2012 first quarter in the tourism sector, Vincent Vanderpool-Wallace said yesterday, attributing this to an expected 15 per cent uptick