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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

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

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

BAHAMAS 'PUNCHING WELL ABOVE WEIGHT' IN SHIPPING

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas "punches well above its weight" in the global maritime industry, the Bahamas Maritime Authority's (BMA) chairman saying yesterday that through its involvement with the 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.”

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

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

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

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'Internal brain drain'costs Bahamas $3.5bn

The Bahamas is losing nearly $3.5 billion to the “internal brain drain” caused by low worker productivity, a well-known eye doctor yesterday arguing this was having a greater economic impact than the loss of 61 per cent of tertiary-educated Bahamians to jobs abroad.

ICTs cited as ‘enabler’ for sustainable cities

Information and Communications Technologies (ICT) can be used as ‘enablers’ to tackle environmental challenges and build sustainable cities, an adviser to the International Telecommunications Union (ITU) said yesterday.

KFC's union cancellation historic first

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The minister of labour yesterday said Kentucky Fried Chicken's (Nassau) move to cancel its 'voluntary recognition' of a trade union's 'bargaining agent' status marked the first time

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'LOT OF ABUSE' IN WELFARE SYSTEM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas' social security system has been subjected to "a lot of abuse", the minister responsible has admitted, acknowledging that welfare assistance was not always being given t

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

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.

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”.

Relays give Atlantis 4,700 nights boost

The IAAF World Relays generated 4,700 occupied room nights for Atlantis, a Cabinet Minister said yesterday, with the event attracting more than 1,400 visitors to the Bahamas.

BEC receivables decline by 'millions of dollars'

BEC receivables decline by 'millions of dollars' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) accounts receivables have gone down by the "millions of dollars" within the past four

Ex-Senator renews call for Bahamian industry ownership

Bahamians must have ownership of key economic sectors "from the top straight through the supply chain", a former FNM Senator is arguing, adding that this would protect the "haemorrhaging" foreign currency reserves.

BISX seeks embrace with crowdfunding

The Bahamas International Securities Exchange (BISX) is seeking to marry its Small Alternative Market (SAM) and regulated environment with the new crowdfunding phenomenon, its chief executive said yesterday.