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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
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
Harbour Island ‘thrilled’ at BPL energy resolution
Tourism stakeholders on Harbour Island yesterday hailed Bahamas Power and Light’s (BPL) plan to provide a 6 Mega Watt (MW) power plant to address long-standing energy concerns as “very encouraging”, one executive telling Tribune Business: “We’re thrilled.”
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
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.
Excise Tax snafu stymies start-up's 60 hires plan
A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.
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
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
10% APD GUARANTEE BRANDED 'FAIR RETURN'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development Company's (APD) guaranteed 10 per cent internal rate of return (IRR) could ultimately mean lower costs for consumers if shipping volumes pick up as a res
10% APD GUARANTEE BRANDED 'FAIR RETURN'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development Company's (APD) guaranteed 10 per cent internal rate of return (IRR) could ultimately mean lower costs for consumers if shipping volumes pick up as a res
10% APD GUARANTEE BRANDED 'FAIR RETURN'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development Company's (APD) guaranteed 10 per cent internal rate of return (IRR) could ultimately mean lower costs for consumers if shipping volumes pick up as a res
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
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
Five-day course trains Bahamian mediators
TEN Bahamians were trained to international mediation standards following a five-day course conducted for the first time ever in the Bahamas by the London School of Mediation. The training course was held between February 6-10 at the British Colonial Hilt
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
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