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BPC undertaking further studies to prepare to spud
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev
BPC undertaking further studies to prepare to spud
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev
BPC undertaking further studies to prepare to spud
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A BAHAMAS-BASED oil exploration company has spent almost $50 million on its oil exploration efforts here in the Bahamas thus far, its chief operating officer noting that while a rev
‘Great Bahamian story’ if Baha Mar opens quickly
The private sector remains “hopeful” that the Baha Mar development will open later this year, a Chamber executive said yesterday, adding that the $3.5 billion project will transform into a “great Bahamian story” if its current woes can be resolved quickly.
‘Crying shame’ to ignore oil potential
It would be a “crying shame” if the Bahamas simply sat back and allowed potential oil revenues to just “sit out there”, a Cabinet minister said yesterday.
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”.
Ex-Burns House chief heads Sports Authority
Ex-Burns House chief heads Sports Authority By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to capture a 'significant portion' of the multi-billion dollar global sports tourism industry with the opening of the
Super Value chief in VAT ‘exclusive’ push
* Blames ‘inclusive’ switch for 10% sales fall * Plans to ‘go back at Gov’t’ over issue * ‘We don’t have to be contrary to world’
SUPER Value’s owner yesterday said will appeal to government for permission to revert to Value Added Tax (VAT) ‘exclusive’ pricing, blaming the switch for this year’s 10 per cent sales decline. Rupert Roberts, while likely reigniting the ‘inclusive’ versus ‘exclusive’ VAT pricing debate, told Tribune Business that Super Value’s 2017 top-line had seen a marked decline in comparison to the two years prior, during which time the food store chain had used VAT ‘exclusive’ pricing.
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.
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.
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
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.
Chinese deny alls oil involvement
Chinese deny alls oil involvement By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net CHINESE Embassy officials yesterday refuted claims that companies from their nation were partnering with the Bahamas Petroleum Company (BPC) in it
Chinese deny alls oil involvement
Chinese deny alls oil involvement By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net CHINESE Embassy officials yesterday refuted claims that companies from their nation were partnering with the Bahamas Petroleum Company (BPC) in it
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
POMPEY PARK CONSTRUCTION PLANS 'MOVING FORWARD'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PLANS are "moving forward" toward the construction of Pompey Park at the western end of Bay Street, said Nassau Tourism Development Board chairman Charles Klonaris. Describing the f
POMPEY PARK CONSTRUCTION PLANS 'MOVING FORWARD'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PLANS are "moving forward" toward the construction of Pompey Park at the western end of Bay Street, said Nassau Tourism Development Board chairman Charles Klonaris. Describing the f
MSC deal to give Bahamian company ‘widest ever smile’
The Bahamian leaseholder of Ocean Cay will have “the biggest smiles ever” as a result of the deal that will see Mediterranean Shipping Company (MSC) take over the island for its $100 million cruise port.
Just 30% of workers covered by pensions
Just 30 per cent of the Bahamian workforce is covered by employer-sponsored pension plans, the Central Bank’s governor said yesterday, acknowledging that the relative lack of diversified investment opportunities in the Bahamas presented challenges.
