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BTC targets 70-75% local retail owners

BTC targets 70-75% local retail owners By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Telecommunications Company's (BTC) retail expansion is expected to generate significant entrepreneurial opportunities for Bahamia

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

Sandals to expand $23m hotel by 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i

Bahamasair ‘concern’ on US-Cuba opening

BAHAMASAIR was yesterday monitoring the ‘opening of the skies’ between the US and Cuba, its managing director acknowledging: “We are concerned about it.”

$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

KFC union concern on recognition precedent

KFC union concern on recognition precedent By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net KENTUCKY Fried Chicken's (Nassau) nine stores remained closed yesterday, although union executives told Tribune Business they had informe

BTC targets 70-75% local retail owners

BTC targets 70-75% local retail owners Sub-Deck: * Eyeing 40-50 as owned and managed by Bahamians * Investing $8-$10m in retail roll-out that will add two-three outlets per month * Could have up to 65 locations File Pics of Geoff Houston, BTC By NATAR

WSC set to spend up to $1m on drainage and sewerage system for NP

WSC set to spend up to $1m on drainage and sewerage system for NP By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) will spend between $750,000 to $1 million on a master plan for New Provid

Laville: WSC loses $16m a year in water leakage

Laville: WSC loses $16m a year in water leakage By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) loses about $16 million a year in water leakage in New Providence. Its general manager Glen

WSC set to spend up to $1m on drainage and sewerage system for NP

WSC set to spend up to $1m on drainage and sewerage system for NP By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) will spend between $750,000 to $1 million on a master plan for New Provid

Laville: WSC loses $16m a year in water leakage

Laville: WSC loses $16m a year in water leakage By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) loses about $16 million a year in water leakage in New Providence. Its general manager Glen

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Gas retailers fear oil price 'beating'

Gas retailers fear oil price 'beating' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIAN petroleum retailers yesterday said they feared "a beating" from global oil prices that have surged back over $100 per barrel, due to

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

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.

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PM: ‘No time to rest on laurels’ over EU

THE Prime Minister yesterday said the Bahamas has “no time to rest on our laurels”, given the European Union’s (EU) concerns over the absence of corporate income taxation. Dr Hubert Minnis told the House of Assembly that the EU’s Code of Conduct group had written to the Government expressing concerns that this nation’s tax system did not comply with its ‘blacklisting’ criteria.

BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in

BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in