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SUPERVALUE SEES 'DOUBLE, TRIPLE' SALES RISES IN 2012

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Supervalue supermarket chain yesterday indicated it shrugged off fears that consumers are taking longer every year to recover from thei

$83m Port's fee rises 'never seen' before

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester

'I've never seen it like this before'

'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see

City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun

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

$10m Port IPO oversubscribed before public sector advance

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE $10 million Arawak Cay Port Development (APD) initial public offering (IPO) was already oversubscribed prior to the Government offering an interest-free salary advance for civil

$10-$12M PROJECT RESTARTS SALES AFTER YEAR-LONG HIATUS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BETWEEN $10-$12 million has been invested in the 281-lot South Seas subdivision to date, its developer said yesterday, telling Tribune Business that the project "didn't move as we a

PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa

Uncertainty over 100 Bahamas Jobs

Uncertainty over 100 Bahamas Jobs By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Uncertainty surrounded the fate of 100 American Eagle jobs in the Bahamas last night, with the airline's parent, AMR Corporation, having announcin

Call to fix deficiencies in public health care system

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEFICIENCIES within the public health care system need to be fixed first before any consideration is given to a 'national health insurance scheme,' a doctor telling Tribune Business

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

BEWARE OF 'SWEET MOUTH' POLITICS

By Larry Gibson I CAN recall as a child growing up, we would refer to someone who had a propensity for telling long tales as being 'sweet mouth'. After hearing your sweet mouth friend tell one of his or her embellished tales, the others would look at eac

BEWARE OF 'SWEET MOUTH' POLITICS

By Larry Gibson I CAN recall as a child growing up, we would refer to someone who had a propensity for telling long tales as being 'sweet mouth'. After hearing your sweet mouth friend tell one of his or her embellished tales, the others would look at eac

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

BEWARE OF 'SWEET MOUTH' POLITICS

By Larry Gibson I CAN recall as a child growing up, we would refer to someone who had a propensity for telling long tales as being 'sweet mouth'. After hearing your sweet mouth friend tell one of his or her embellished tales, the others would look at eac

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

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

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over