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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.
BEC EYES 'BREAK EVEN' FOR 2011
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) 2011 bottom line performance is expected to be closer to "break even" than original $5 million projections, due to Hurricane Irene, but w
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 Bahamians, its chief executive telling Tribune
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
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
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.
VISION SLIPPING 35% PTS BELOW LOAD EXPECTANCY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net VISION Airlines has "not been performing up to expectations", according to director-general of tourism, David Johnson, who told Tribune Business yesyterday that the airline's servic
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
Sandals proposes Bahamasair change
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of
Sandals proposes Bahamasair change
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of
Insurers unhappy at Gov’t ‘neglect’
The Bahamas Insurance Association’s (BIA) chairman says the industry believes the Government has neglected it, as there are numerous long-standing legal and policy issues it is still battling to resolve.
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.
'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.
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.
Govt continuing ‘targeted’ Customs Duty reductions
The Government is proceeding with its “targeted” reduction in Customs duties to accompany Value-Added Tax (VAT), a Cabinet minister has revealed, with more cuts to be triggered by enhanced revenue administration.
PORT IPO HOLDING $1,150 MAXIMUM
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti