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Gov't completes 'big architecture' on renewables

Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ

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Sky Bahamas chiefs deny share allegation

SKY Bahamas' principals yesterday told Tribune Business they completely "deny" allegations by a former executive of the airline that they conspired to squeeze him out of his equity stake in the company, and recorded incorrect shareholdings in the Companies Registry.

COURT REJECTS CUSTOMS FEARS

By NEIL HARTNELL Tribune Business Editor The Supreme Court has rejected fears that Customs will produce "a repeat performance" in the absence of a judicial ruling over its demand for all Grand Bahama Port Authority (GBPA) licensees to produce a National

COURT REJECTS CUSTOMS FEARS

By NEIL HARTNELL Tribune Business Editor The Supreme Court has rejected fears that Customs will produce "a repeat performance" in the absence of a judicial ruling over its demand for all Grand Bahama Port Authority (GBPA) licensees to produce a National

COURT REJECTS CUSTOMS FEARS

By NEIL HARTNELL Tribune Business Editor The Supreme Court has rejected fears that Customs will produce "a repeat performance" in the absence of a judicial ruling over its demand for all Grand Bahama Port Authority (GBPA) licensees to produce a National

COURT REJECTS CUSTOMS FEARS

By NEIL HARTNELL Tribune Business Editor The Supreme Court has rejected fears that Customs will produce "a repeat performance" in the absence of a judicial ruling over its demand for all Grand Bahama Port Authority (GBPA) licensees to produce a National

COURT REJECTS CUSTOMS FEARS

By NEIL HARTNELL Tribune Business Editor The Supreme Court has rejected fears that Customs will produce "a repeat performance" in the absence of a judicial ruling over its demand for all Grand Bahama Port Authority (GBPA) licensees to produce a National

25,000-acre dispute solution 'critical to 'thousands of jobs'

By NEIL HARTNELL Tribune Business Editor Resolving a long-running dispute that has tied up 25,000 acres of prime real estate is "critical" to potentially creating "thousands of jobs" and reversing Long Island's depopulation, a Court of Appeal ruling havi

SECOND BAHAMIAN JOINS NAD TOP RANK

A second Bahamian has joined the Nassau Airport Development Company's (NAD) top executive ranks. Kevin McDonald has been appointed to the position of vice-president of maintenance and engineering, with effect from January 1, 2012. He will also become an

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BREA ‘emergency’ on ex-minister’s legal win

The Bahamas Real Estate Association’s (BREA) Board will tomorrow hold “an emergency meeting” to determine its response to losing a legal battle with a former Cabinet Minister.

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RoyalFidelity's fund with 'different angle'

RoyalFidelity is planning to launch an “alternative” US$ fund this summer that aims to minimise market volatility risk, a move coinciding with the maturing of another product forecast to generate 50 per cent investor returns.

$225m World Mart principals 'very encouraged' over Chinese meetings

ONCE of the principals behind the proposed $225 million trade market proposed for Freeport yesterday told Tribune Business they were "very encouraged" by the outcome of meetings with China-based strategic partners, and hoped to engage the new PLP government over a Heads of Agreement for the project shortly.

IDB TO BAHAMAS: RUN 2.5% PRIMARY SURPLUS

By NEIL HARTNELL Tribune Business Editor The Bahamas was yesterday warned to "pick up the pace" of fiscal reform, the Inter-American Development Bank's (IDB) top Caribbean economist saying this country needed to achieve primary Budget surpluses equivalen

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AML TO INVEST $3-4M IN NEW FRANCHISE DEAL

By NEIL HARTNELL Tribune Business Editor AML Foods is planning to invest $3-$4 million over the next five years in building its new Carl's Jr franchise to a five-store chain, a business projected to generate an annual $15 million top-line at full build-o

Baha Mar guest: ‘I’ll only return to look at the ruins’

A Houston entrepreneur says he will never return to the Bahamas unless it is to view “the ruins of the Baha Mar disaster”, after the enforced cancellation of his wedding left him $100,000 “out of pocket”.

Sky mulls US pull back after 15-20% loads

By NEIL HARTNELL Tribune Business Editor Sky Bahamas is "reviewing daily" whether it will reduce its US flight schedule or withdraw from that market completely, its president telling Tribune Business yesterday that load factors on some flights were down

Sky mulls US pull back after 15-20% loads

By NEIL HARTNELL Tribune Business Editor Sky Bahamas is "reviewing daily" whether it will reduce its US flight schedule or withdraw from that market completely, its president telling Tribune Business yesterday that load factors on some flights were down

PM cuts 2016 GDP growth to just 0.5%

Prime Minister Perry Christie yesterday slashed a full percentage point off the Bahamas’ projected economic growth for 2016, cutting real GDP expansion estimates to just 0.5 per cent.

CAR DEALERS SUFFER $75M REVENUE HIT

By NEIL HARTNELL Tribune Business Editor Bahamas Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although

CAR DEALERS SUFFER $75M REVENUE HIT

By NEIL HARTNELL Tribune Business Editor Bahamas Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although