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AIRLINE '90 PER CENT COMPLETE' ON $4.5-$5 MILLION PROJECT

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling

Airline '90% complete' on $4.5-$5M project

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling

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.

DNA adviser pushes for tax, exchange reforms

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas should move towards changing its tax structure and explore an alternative system to exchange control, a well-known doctor and financial executive said yesterday. Dr Jona

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

RENEWABLE ENERGY FIRM UNVEILS BAHAMAS HEAD

OCEAN Thermal Energy (OTE) has appointed of Susan Larson as senior vice-president and executive director to head up its Bahamas operations. OTE Corporation is building the world's largest seawater district cooling system (SDC) for the $3.4 billion Baha Ma

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

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

Mortgage Corp still stuck at 40% arrears

The Bahamas Mortgage Corporation’s (BMC) arrears ratio continues to hover around 40 per cent, its chairman said yesterday, despite it adding $49.7 million in new mortgages to its portfolio over the past four years.

‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

GDP boost from raising Bahamas' 60% Net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

GDP boost from raising Bahamas' 60% Net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

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.

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

1,000-seat Nassau boost from Delta

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin

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GDP boost from raising Bahamas' 60% net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said