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Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
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
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
Bahamasair to unveil new fleet 'within 30 days'
Bahamasair expects to unveil the "change-out" of its Dash-8 dominated aircraft fleet within the next 30 days, a move it hopes will slash maintenance and operational costs.
Better links to 15% Out Island cruise rise goal
Better links to 15% Out Island cruise rise goal By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WHILE CRUISE arrivals to the Family Islands grew by 15 per cent in 2011, the minister of tourism and aviation yesterday said he want
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
MINISTER ADMITS NEED FOR NATIONAL FISCAL 'REBALANCE'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister yesterday acknowledged that the Bahamas needed a fiscal"rebalancing" given its $4.25 billion national debt, with the Ingraham administration trying to nurture
Minister admits need for national fiscal 'rebalance'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister yesterday acknowledged that the Bahamas needed a fiscal"rebalancing" given its $4.25 billion national debt, with the Ingraham administration trying to nurture
SANDALS EXPECTING 10% INCREASE IN BOOKINGS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Royal Bahamian is looking at a 10 per cent increase in bookings, says general manager Patrick Drake. After investing almost $21 million into the restoration of the Manor bui
SANDALS EXPECTING 10% INCREASE IN BOOKINGS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Royal Bahamian is looking at a 10 per cent increase in bookings, says general manager Patrick Drake. After investing almost $21 million into the restoration of the Manor bui
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.
Roadwork hit firms: 'It's never too late to do the right thing'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's plans to provide assistance to businesses impacted by the New Providence Road Improvement Project was hailed as a good move yesterday, with Coconut Grove Business L
Roadwork hit firms: 'It's never too late to do the right thing'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's plans to provide assistance to businesses impacted by the New Providence Road Improvement Project was hailed as a good move yesterday, with Coconut Grove Business L
'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.
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
Region falls back over aquaculture
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Caribbean is far behind the rest of the world in developing aquaculture, the executive director of the Caribbean Regional Fisheries Mechanism (CRFM) telling Tribune Business tha
AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis
AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis
