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INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
CITY MARKETS NAME 'SHOULD HAVE DIED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam
4% growth sees Out Island air visitors recover
4% growth sees Out Island air visitors recover By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net FAMILY Island air arrivals recovered to grow year-over-year by 4 per cent in December 2011, according to a report by the Ministry of
Business to take roadworks battle to Privy Council
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BUSINESS owners who took the Government to court over Baillou Hill Road and Market Street's transformations into one-way streets say they plan on taking their case to the Privy Coun
Rolle: Bahamian unemployment rate 'not out of the doldrums yet'
Rolle: Bahamian unemployment rate 'not out of the doldrums yet' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian unemployment rate now at 15.9 per cent is a clear indication that the economy has "not turned out of th
Deveaux says family island report findings 'forwarded to police'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MINISTER of the Environment Earl Deveaux said yesterday the findings of a report by two engineering firms which revealed overpayment to contractors hired to develop landfills on sev
Deveaux says family island report findings 'forwarded to police'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MINISTER of the Environment Earl Deveaux said yesterday the findings of a report by two engineering firms which revealed overpayment to contractors hired to develop landfills on sev
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
Gov't 'claws back' on Mayguana incentives
Gov't 'claws back' on Mayguana incentives By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government has not only recovered more than 50 per cent of Mayaguana real estate initially made available to the Boston-based I-Group
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.
Correspondent de-risk threatening 25% of Bahamas institutions
The Central Bank’s chief inspector warned yesterday that 25 per cent of its licensees will find it “difficult” to maintain existing correspondent banking relationships, even though the Bahamas has not been exposed to “wholesale vulnerability” yet.
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
LOI made $650m waste plant ‘political football’
The company behind the $650 million waste-to-energy proposal at the centre of last year’s Letter of Intent (LoI) controversy yesterday said it had been treated as “a political football”, which “turned a positive into a negative” and damaged its bid to secure financing.
'Some movement' on gas commission
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in
'Some movement' on gas commission
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in
NASSAU HOTELS TO 'HOIST' ADR
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Nassau/Paradise hotel industry is aiming to "hoist" average daily room rates (ADRs) in 2012 to drive further room revenue increases, as nights sold and room revenue in December
Abaco’s airlift capacity up 9%
Abaco has attracted 47,000 stopover visitors year-to-date, a Ministry of Tourism official says, with the island’s airlift capacity for international arrivals increasing for the third straight year.
