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$10m Port IPO hits the road

The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the

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

LOI made $650m waste plant ‘political football’

The company behind the $650 million waste-to-energy proposal at the centre of last year’s Letter of Intent (LoI) controversy yesterday said it had been treated as “a political football”, which “turned a positive into a negative” and damaged its bid to secure financing.

Second shipping firm in fee rise

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A SECOND shipping company yesterday announced fee increases to offset the costs associated with its move to the new Arawak Cay port, with retailers telling Tribune Business any fre

KFC LABOUR DEAL, BUT 'NOT BUSINESS AS USUAL'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NINE KENTUCKY Fried Chicken (Nassau) restaurants reopened yesterday, with union executives telling Tribune Business a tentative labour agreement had been reached with management

KFC LABOUR DEAL, BUT 'NOT BUSINESS AS USUAL'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NINE KENTUCKY Fried Chicken (Nassau) restaurants reopened yesterday, with union executives telling Tribune Business a tentative labour agreement had been reached with management

KFC LABOUR DEAL, BUT 'NOT BUSINESS AS USUAL'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NINE KENTUCKY Fried Chicken (Nassau) restaurants reopened yesterday, with union executives telling Tribune Business a tentative labour agreement had been reached with management

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

Phil's: 'Enough to go around' in food retail

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE'S "enough to go around" in the food retail business for everyone to turn a profit, according to Phil Lightbourne, owner of the Gladstone Road-based food retailer/wholesaler Ph

SANDALS MANAGEMENT ACCUSED OF 'INTIMIDATING' ITS STAFF

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net UNION executives yesterday accused management at Sandals Royal Bahamian resort of 'intimidating' the staff. Bahamas Hotel Maintenance and Allied Workers Union (BHMAWU) President Lyn

SANDALS MANAGEMENT ACCUSED OF 'INTIMIDATING' ITS STAFF

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net UNION executives yesterday accused management at Sandals Royal Bahamian resort of 'intimidating' the staff. Bahamas Hotel Maintenance and Allied Workers Union (BHMAWU) President Lyn

SANDALS MANAGEMENT ACCUSED OF 'INTIMIDATING' ITS STAFF

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net UNION executives yesterday accused management at Sandals Royal Bahamian resort of 'intimidating' the staff. Bahamas Hotel Maintenance and Allied Workers Union (BHMAWU) President Lyn

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

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PM: ‘No time to rest on laurels’ over EU

THE Prime Minister yesterday said the Bahamas has “no time to rest on our laurels”, given the European Union’s (EU) concerns over the absence of corporate income taxation. Dr Hubert Minnis told the House of Assembly that the EU’s Code of Conduct group had written to the Government expressing concerns that this nation’s tax system did not comply with its ‘blacklisting’ criteria.

DNA adviser pushes for tax, exchange reforms

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas should move towards changing its tax structure and explore an alternative system to exchange control, a well-known doctor and financial executive said yesterday. Dr Jona

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

BEC: 5,500 make payment deals

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat

'Some movement' on gas commission

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in

'Some movement' on gas commission

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in

BEC: 5,500 make payment deals

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat