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NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

BAHAMAS 'WELL BUFFERED' OVER CARRIER FALLOUT

By NEIL HARTNELL Tribune Business Editor The Bahamas is "well buffered" against any potential fallout from moves by American Eagle's parent to slash its workforce by up to 13,000, Tribune Business was told yesterday, the airline being among four-five car

What employers look for in their workers

What employers look for in their workers By Ian Ferguson In a few months our seniors will be leaving high school, with many of them seeking employment in our already-saturated job market. The question is: "Will many of them be equipped with the competen

Gov't warned: 'We can't take another shock' with NHI

The Government was yesterday warned that National Health Insurance (NHI) would not succeed without private sector buy-in, one executive warning: "The economy cannot take another shock." Edison Sumner, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chief executive, told Tribune Business that an unsustainable NHI programme could have "catastrophic effects for a fragile economy" that was still bedding down Value-Added Tax (VAT).

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Bahamasair eyes 'break even' despite $21m loss

Bahamasair eyes 'break even' despite $21m loss By NEIL HARTNELL Tribune Business Editor Despite being on target for a $21 million loss in its 2011-2012 financial year, Bahamasair's chairman says the airline is trending in the right direction and eventua

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Gov't urged: End 'ridiculous foot dragging' on BEC

The Government has been urged to end its "ridiculous foot dragging" over the Bahamas Electricity Corporation's (BEC) part-privatisation and wider energy reform, as the private sector readies its own study on the issue.

Bahamasair suffers $8.5m income loss

BAHAMASAIR has warned the trade union rep- resenting its line staff that it faces “stark financial realities”, having lost $8.5 million in income this financial year with the possibility of further setbacks to come.

Broker severs ties with ex-investor over $1m ‘misuse’

A Bahamian broker/dealer yesterday said it had severed all ties with a former shareholder after he allegedly misappropriated $1 million that was intended to be an equity investment in the firm.

AIRLINE HOPES LPIA WOES STAY BELOW $100,000

By NEIL HARTNELL Tribune Business Editor A leading Bahamian-owned airline yesterday said it was hoping that extra fuel and overtime costs incurred due to delays at Lynden Pindling International Airport (LPIA) over the Christmas-New Year week did not hit

Gov't: No success on new Royal Oasis deal

Gov't: No success on new Royal Oasis deal By NEIL HARTNELL Tribune Business Editor The Government's efforts to encourage a deal that would see Grand Bahama's still-closed 840-room Royal Oasis resort change ownership have yet to bear fruit, the minister

COMMISSION URGED: TAKE 'STRONG ACTION' OVER CITY MARKETS

By NEIL HARTNELL Tribune Business Editor A well-known financial analyst yesterday urged the Securities Commission to take strong, swift public action to protect the 22 per cent minority investors in City Markets' operating company, warning that "the inte

Small Business Agency to avoid Mortgage Corp lending pitfalls

Small Business Agency to avoid Mortgage Corp lending pitfalls By NEIL HARTNELL Tribune Business Editor The proposed Agency to facilitate small and medium-sized business growth in the Bahamas is designed to avoid the pitfalls being experienced by the Bah

Potential West End investors coming in 'once a month'

By NEIL HARTNELL Tribune Business Editor The owners/developers of some 500 acres at Grand Bahama's West End are bringing potential investors to inspect the site at least "once a month", Tribune Business was told yesterday, and remain optimistic they can

Potential West End investors coming in 'once a month'

By NEIL HARTNELL Tribune Business Editor The owners/developers of some 500 acres at Grand Bahama's West End are bringing potential investors to inspect the site at least "once a month", Tribune Business was told yesterday, and remain optimistic they can

‘Penny wise and pound foolish’

A well-known surgeon has branded the Public Hospitals Authority’s (PHA) move to exclude Bahamian wholesalers from the pharmaceutical drugs supply chain as “penny wise and pound foolish”.

BROKERS 'CUT OUT' OF HOMEOWNERS INSURANCE MARKET

By NEIL HARTNELL Tribune Business Editor The outgoing Bahamas Insurance Brokers Association's (BIBA) president has again complained that ties between commercial banks and large brokers are "cutting everyone else out" of the homeowners insurance market, w

Realtor names top producers

Damianos Sotheby's International Realty has named its 2011 Top Producers. They are: Samira Coleby, for the Bahamas; Bill Albury, Abaco; and Jonathan Morris, Eleuthera. Reflecting on 2011, Ms Coleby said: "The market is changing; clients are continually ch

PUT NATIONAL INTEREST 'IN FACE' OF ATLANTIS PARTIES

By NEIL HARTNELL Tribune Business Editor The Government has been urged to publish a "broad Bahamian policy" on Atlantis, a former finance minister urging it to put this nation's interests "in the face" of the parties starting to fight over the resort's o