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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

$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

Quotes from the day

Quotes from the day Paul Moss, Independent Garden Hills It's going pretty well, I think though that since we've been doing elections we should have had a better coordination with respect to buildings that we use this building while it can accomodate the

MINISTER CERTIFIES TWO STRIKE VOTES

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The union representing Customs and Immigration officers yesterday called for a sincere attempt on the part of the Government to resolve their outstanding issues, with Labour Ministe

STRENGTHEN YOUR BRAND

By Ian Ferguson BAHAMIANS love brands! We are without question a society of individuals who are loyal to certain trademarks and skeptical of the newcomers trying to make their mark. The small and medium-sized company is already challenged with limited r

STRENGTHEN YOUR BRAND

By Ian Ferguson BAHAMIANS love brands! We are without question a society of individuals who are loyal to certain trademarks and skeptical of the newcomers trying to make their mark. The small and medium-sized company is already challenged with limited r

STRENGTHEN YOUR BRAND

By Ian Ferguson BAHAMIANS love brands! We are without question a society of individuals who are loyal to certain trademarks and skeptical of the newcomers trying to make their mark. The small and medium-sized company is already challenged with limited r

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

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

NHI manager blasts sector’s ‘false division’

The National Health Insurance (NHI) project manager yesterday asserted that the primary care phase’s roll-out by early 2017 remains “reasonable”, while dismissing the “false division” between public and private health care providers in the Bahamas.

QC tells the web shops: Form own credit union

A prominent QC has called on web shop gaming operators to establish their own credit union, as blasted the Canadian-owned banks’ refusal to accept the sector’s deposits as making “no sense whatsoever”.

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Price Control: Our 2-year plea was fruitless

The Price Control Commission’s chairman yesterday reiterated warnings that it may seek to dictate business prices via legislation, arguing that many had failed to respond to two years’ worth of pleading by himself.

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

BTC and Cable Bahamas oppose URCA's publication of accounts

BTC and Cable Bahamas oppose URCA's publication of accounts By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE publication of separate accounts and cost accounting information is being opposed by the Bahamas' two leading commun

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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

$64M INVESTED IN PORT TO-DATE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE ARAWAK Cay Port Development Company said yesterday $64 million has so far been spent for the port's construction and that of the inland break-bulk facility at Gladstone Road, it

LOI controversy firm’s ‘big chance’ to revive project

The company at the centre of the Letter of Intent (LoI) controversy over its proposed $650 million waste-to-energy plant yesterday said PowerSecure International’s selection as BEC manager gives it a “huge opportunity” to revive the project.

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

Air cargo costs to rise ‘tremendously’

Bahamians were yesterday warned that the cost of imported air freight will increase “tremendously” as a result of the new Customs fees and fines set to be imposed on operators from today.

Mortgage Relief: 16%of targeted borrowers qualify

Some 16 per cent of troubled borrowers targeted by the Government’s revised Mortgage Relief Plan have been enrolled in the scheme, a Cabinet Minister yesterday saying it had already been “more successful” than the first version.