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Land registration still ‘stuck in 18th century’

The Bahamas’ land registration system remains “stuck in the 18th century, an Abaco realtor believes, while calling on this country to develop a proper Land Use Plan (LUP).

STRAW VENDORS SEE '200% SALES RISE' ON WHARF

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors said yesterday that their greater visibility along Prince George Wharf has increased sales volumes, with one vendor telling Tribune Business business was "200 per cent

BAHAMASAIR TO SLASH GB AIR FARES BY 50%

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamasair is expected to begin a full schedule service between Grand Bahama and five US cities in two-and-a-half weeks' time, the Ministry of Tourism's director-general yesterday s

SPONGE FISHING 'CAN RIVAL' LOBSTER

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SPONGING could ultimately rival the multi-million dollar Bahamian lobster industry when revitalised, the Bahamas Commercial Fishermen's Alliance (BCFA) president said yesterday, tel

Carrier adds fourth Saabs

Carrier adds fourth Saabs SILVER Airways continues to upgrade its fleet, having accepted delivery of its fourth Saab 340Bplus. The Fort Lauderdale-based carrier, which received US Federal Aviation Administration (FAA) approval to operate the Saab 340Bp

4% growth sees Out Island air visitors recover

4% growth sees Out Island air visitors recover By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net FAMILY Island air arrivals recovered to grow year-over-year by 4 per cent in December 2011, according to a report by the Ministry of

Rolle: Bahamian unemployment rate 'not out of the doldrums yet'

Rolle: Bahamian unemployment rate 'not out of the doldrums yet' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamian unemployment rate now at 15.9 per cent is a clear indication that the economy has "not turned out of th

POST OFFICE HIT BY COMPLAINTS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE BAHAMAS Postal Service is testing the efficiency of its local mail delivery service, acting Postmaster General, Leslie Cartwright, told Tribune Business yesterday, acknowledging

Nassau/PI urged to tackle tourism risks

New product development, climate change and the creation of a cultural and natural heritage mapping data base have been identified as priority risk areas that will be addressed over the next 12-months by the Nassau/Paradise Island tourism industry, in response to a sustainable destination assessment.

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.

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.

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.

SANDALS LAUNCHES ITS OWN UNIVERSITY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Sandals Resorts International will today launch its fully-accredited international university, with each of its hotel properties serving as a learning institute. Adam Stewart, the r

FIDELITY BANK COMPLETES THE LISTING PROCESS FOR SHARES

THE Bahamas International Stock Exchange (BISX) announced yesterday that Fidelity Bank (Bahamas) Limited had successfully completed the listing process for its Series A preference shares. In a statement by BISX yesterday it was stated that the shares are

FIDELITY BANK COMPLETES THE LISTING PROCESS FOR SHARES

THE Bahamas International Stock Exchange (BISX) announced yesterday that Fidelity Bank (Bahamas) Limited had successfully completed the listing process for its Series A preference shares. In a statement by BISX yesterday it was stated that the shares are

Union leader calls for Productivity Council

A leading trade unionist has called for the creation of a tripartite National Productivity Council, arguing that the Bahamian education was “designed for students to fail”.

BAHAMAS' 'REVERSE MEDICAL TOURISM'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIANS pump millions of dollars each year into the South Florida's medical tourism sector, a leading doctor telling Tribune Business yesterday that this nation provides the large

BAHAMAS' 'REVERSE MEDICAL TOURISM'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMIANS pump millions of dollars each year into the South Florida's medical tourism sector, a leading doctor telling Tribune Business yesterday that this nation provides the large