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PI condo owner was ‘close’ on other deals
The former Ocean Place condo complex’s new owner yesterday said it had taken a “hard look” at several projects in the Abacos, and had come close to “a couple of deals”.
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.
Business ease slippage ‘doesn’t represent nation’
The 121st ranking in the World Bank’s 2016 ‘ease of doing business’ rankings “does not represent who the Bahamas is”, Prime Minister Perry Christie argued yesterday, touting a Competitiveness Council as the answer to these woes.
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
PI condo complex beats sale forecast
The owner of the former Ocean Place condominium complex on Paradise Island yesterday said it plans to bring 32 units to market by March 2016, telling Tribune Business initial sales had been “better than anticipated”.
FNM deputy: Oil’s value in refining
The FNM’s deputy leader yesterday argued that the petroleum industry’s true value lay in refining, and said the Government need not determine whether commercial quantities of oil exist in the Bahamas before putting the issue to a referendum.
Pinder: Sue for $13m over ‘Bahamas papers’
A former financial services minister yesterday suggested that this nation sue to recover the $13 million in Companies Registry search fees owed by the international journalists’ group responsible for the ‘Bahamas papers leak’.
Natural resources: New fiscal regime under development
The Government is working with the Commonwealth Secretariat to finalise a new fiscal regime for the mining of sand, aragonite and other Bahamian natural resources, the Minister of the Environment and Housing said yesterday.
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.
DNA LEADER BLASTS RIVALS ON ATLANTIS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEMOCRATIC National Alliance (DNA) leader, Branville MCartney, last night heaped blame on both PLP leader Perry Christie and Prime Minister Hubert Ingraham over the continuing $2.5
GOVERNMENT CONTROLLED HEALTHCARE 'DISASTROUS'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE GOVERNMENT should not be the sole manager of a National Health Care system, a leading doctor telling Tribune Business that such a move could be "disastrous". Well-known urologis
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.
$8.3m contract to aid Road Traffic revenue
THE Government yesterday signed an $8.3 million contract to modernise the Road Traffic Department, as it bids to improve customer service and maximise revenue.
Baha Mar: No gratuity deal in 10 months
Baha Mar yesterday said it had been forced to cease the normal 15 per cent gratuity payments at the Meliá Nassau Beach Resort, after 10 months of negotiations failed to reach an agreement with the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) on a new arrangement.
ROAD PROJECT OPPONENTS REVIVE COMPENSATION BID
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ALL businesses impacted by the New Providence Road Improvement Project (NPRIP) will be invited to join a Supreme Court action seeking compensation from the Government, the head of t
Retailers await ‘busy weekend’
BAHAMIAN retailers yesterday said sales have began to pick-up in the week prior to Christmas, amid anticipation of a “very busy weekend”. “The response to our retail Christmas offer has been outstanding. We are so thankful to our subscribers for their continued support of us, and we are looking forward to closing out the season with a bang,” Aliv’s chief business developer, Gravette Brown, told Tribune Business.
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).
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
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.
A Cabinet minister yesterday moved a parliamentary motion to create a select committee that will probe the the Bahamas Telecommunications Company’s (BTC) 2011 privatisation.
A Cabinet minister yesterday moved a parliamentary motion to create a select committee that will probe the the Bahamas Telecommunications Company’s (BTC) 2011 privatisation.
