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Next two years 'great time' for capital raising

Next two years 'great time' for capital raising By NEIL HARTNELL Tribune Business Editor The next two years will be "a great time" for Bahamas-based companies to seek equity or debt capital, a leading investment banker yesterday urging the $35 million s

Airline's 18% fee cost rise in three years

Airline's 18% fee cost rise in three years By NEIL HARTNELL Tribune Business Editor A leading Bahamian-owned airline yesterday said its fee costs had increased by a cumulative 18 per cent over the past three years, saying the charges levied by various a

Bahamas breaks global standards with jet fuel tax

The Bahamas is breaching international standards by levying 7 per cent import duty on jet fuel, warns a report produced for the Caribbean Development Bank (CDB).

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

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800 job applications for new mobile player

Cable Bahamas had received around 800 applications for jobs with the nation's second mobile provider by end-last week, it was revealed yesterday, and is confident the new operator can beat its financial targets.

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

Outrage over UK's 8% 'airlift tax' rise for the Caribbean

Outrage over UK's 8% 'airlift tax' rise for the Caribbean Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012

OUTRAGE OVER UK'S 8% 'AIRLIFT TAX' RISE FOR THE CARIBBEAN

Caribbean hoteliers yesterday expressed outrage over the UK's decision not to change its Air Passenger Duty (APD) banding structure, with the 8 per cent increase set to be imposed from April 2012 increasing airlift (access) costs to the Bahamas for Europe

$60m project 'hits the pedal'

By NEIL HARTNELL Tribune Business Editor An eastern New Providence real estate development is set to take its full capital investment to $60 million by year-end, after its weekend 'open house' produced a "phenomenal turnout" of 400 visitors and five prop

$60m project 'hits the pedal'

By NEIL HARTNELL Tribune Business Editor An eastern New Providence real estate development is set to take its full capital investment to $60 million by year-end, after its weekend 'open house' produced a "phenomenal turnout" of 400 visitors and five prop

LANDFILL SOLUTION REMAINS 20-30MW WASTE-ENERGY PLAN

By NEIL HARTNELL Tribune Business Editor The Government is still targeting a waste-to-energy plant that could produce 7-10 per cent of the Bahamas Electricity Corporation's (BEC) installed capacity as the 'end game' solution for the Tonique Williams-Darl

Profits triple as BAF's 'sleeping giant awakes'

Profits triple as BAF's 'sleeping giant awakes' By NEIL HARTNELL Tribune Business Editor BAF Financial's owners believe they have "awoken the sleeping giant" during their first five years at the helm, "tripling profits" and doubling total assets to $150

PM 'elated' over 75% Our Lucaya occupancy level

By NEIL HARTNELL Tribune Business Editor The Prime Minister said he was "elated" upon learning that Our Lucaya's current occupancy levels were at 75 per cent, adding that an owner other than Hutchison Whampoa would likely have closed the Freeport resort.

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Atlantis eyes 100k extra room nights in Marriott tie-up

Atlantis is hoping its 10-year franchise deal with Marriott International will generate an extra 50,000-100,000 room nights per year, its top executive describing the agreement as “the most significant tourism stimulus for the Bahamas this decade”.

Mango provider eyes staff, retail 'ramp up'

Mango provider eyes staff, retail 'ramp up' By NEIL HARTNELL Tribune Business Editor Transfer Solutions Providers (TSP), the Mango card provider, yesterday said it was planning "within two-three months" to ramp up staff levels to 20-25 employees and ope

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Pension providers enjoy ‘significant’ 100% inquiry rise

Pension plan administrators yesterday said they had seen a 100 per cent increase in employer inquiries over the past 12 months, describing the surge as “significant” given existing low participation levels.