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INVESTMENTS TO BENEFIT ABACO
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net ABACO'S tourism sector should benefit immensely from investments in its airport and medical facilities, one local businessman believes, adding that the island's second home indust
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”.
Gov’t to tackle mail boat concerns ‘in earnest’
A CABINET minister yesterday said he has committed to a “sit down” with mail boat operators after Christmas to address “in earnest” industry concerns.
BAIN CALLS COMPUTER SCIENCE A 'VITAL DISCIPLINE'
FORENSIC accountant John Bain is calling for computer science to be added to the school curriculum, calling it a 'vital discipline'. Bain, the managing director of John S Bain Chartered Forensic and E-learning specialist, said: "The study of Computer Sci
'Seven digit' Atlantisinvestment delayed bygaming reform wait
Atlantis’s top executive yesterday said its planned multi-million dollar, “seven digit” investment in private gaming rooms was being delayed by the wait for casino gaming reforms to be passed.
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.
FNM deputy queries quality of Baha Mar building materials
The Opposition’s deputy leader yesterday expressed concern over Baha Mar slamming China State Construction, the lead contractor for its $3.5 billion development, and questioned whether there were material quality issues as well.
PM promises developers partnership on air access
Two government ministries will support Eleuthera resort developers to ensure there is sufficient air access to the island in accord with international standards, the Prime Minister has said.
AG GIVES TIMELINE ON INSOLVENCY REFORMS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Bahamas' insolvency regime are expected to be implemmented in a month's time, Attorney General John Delaney said yesterday, adding that the amendments will allow f
Accountants facing US state challenges
The Bahamas Institute of Chartered Accountants (BICA) is in talks with the American Institute of Certified Public Accountants (AISPA) to resolve challenges encountered by members in maintaining their US State Board memberships, its president 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.
Industrial system frustrates unions
THERE is “no question” that the present industrial relations system is set up to frustrate the Bahamian trade union movement, as one leader renewed his call for a united labour front.
Swain warns: 'We can't continue at this same pace'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GREATER efforts need to be made in attracting new businesses to Grand Bahama and reducing the cost of doing business to help boost its ailing economy, the island's chamber of commer
Swain warns: 'We can't continue at this same pace'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GREATER efforts need to be made in attracting new businesses to Grand Bahama and reducing the cost of doing business to help boost its ailing economy, the island's chamber of commer
Hutchison ‘streamlines’ Freeport investments
The sales process for the 409-acre Grand Lucayan property on Grand Bahama is “still ongoing”, Prime Minister Perry Christie said yesterday.
Bahamas could get marketplace again in 2013
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas could play host to the Caribbean Hotel and Tourism Association's (CHTA) Caribbean Marketplace summit again next year, the organisation's president, Josef Forstmayr told
Call for orderly behaviour during elections
POLITICIANS have renewed calls for civil and orderly behaviour during elections after a supporter spit at the wife of a party leader.
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
‘Much work’ ahead over business ease
The Bahamas has “a lot of work to do” before it sees a dramatic improvement in the ease of doing business, the Opposition’s finance spokesman said yesterday, adding: “There’s just too much government bureaucracy.”
Self-starter targeting more major projects
Self-starter targeting more major projects By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme, is on its way to becom
