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BTC unveiling changes to directory assistance

BTC unveiling changes to directory assistance The Bahamas Telecommunications Company (BTC) yesterday unveiled plans to transform its 916 directory assistance calls service from July 1, 2012, with charges after the first three free calls said to be below

CORRECTION

In a Tribune Business article published on Monday, April 16, 2012, entitled 'Hotel chief 'confident' nation closing on 2m stopovers before 2022', the Bahamas Hotel Association's (BHA) president was named as Stuart Miller. He is, of course, Stuart Bowe. Tr

FNM deputy fears ‘bubble pop’ over infrastructure spend

The Government’s lack of investment in infrastructure will be “a bubble that pops” on the next administration, the Opposition’s finance spokesman warned yesterday, adding that this was contrary to the International Monetary Fund’s (IMF) advice.

BFSB and Commission hold summit 'captive'

The Bahamas Financial Services Board (BFSB) and the Insurance Commission of the Bahamas (ICB) have jointly attended a major international captive insurance conference. The two organisations were present at the annual International Conference of the Capti

GB Power launches client reconnections

GB Power launches client reconnections The Grand Bahama Power Company (GBPC) yesterday joined its Bahamas Electricity Corporation (BEC) counterpart in launching a residential customer reconnection program. All residential customers who have had electric

CIBC WORKER PASSES SERIES 7

A corporate customer service representative at CIBC, Drameko Moore, passed the Series 7 exam in the US after studying with the Nassau-based Securities Training Institute (STI). Bettina Albury, STI's administrator, said: "Our investment training programme

CIBC WORKER PASSES SERIES 7

A corporate customer service representative at CIBC, Drameko Moore, passed the Series 7 exam in the US after studying with the Nassau-based Securities Training Institute (STI). Bettina Albury, STI's administrator, said: "Our investment training programme

IMF fiscal reform delays 'may jeopardise recovery'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

Grand Bahama company unveils distribution deal

Grand Bahama-based Paint Fair has launched its distributorship of International Paint, the industrial protective coatings brand, in the Bahamas along with specialised training for its team. In a launch attended by Minister of Public Works and Transport, N

Grand Bahama company unveils distribution deal

Grand Bahama-based Paint Fair has launched its distributorship of International Paint, the industrial protective coatings brand, in the Bahamas along with specialised training for its team. In a launch attended by Minister of Public Works and Transport, N

Grand Bahama company unveils distribution deal

Grand Bahama-based Paint Fair has launched its distributorship of International Paint, the industrial protective coatings brand, in the Bahamas along with specialised training for its team. In a launch attended by Minister of Public Works and Transport, N

15 CANDIDATES FOR BRAND AMBASSADOR

Fifteen representatives from various Bahamas Financial Services Board (BFSB) member firms are participating in the Bahamas Brand Ambassador programme, which is attempting to identify professionals who exhibit the industry's best qualities. Three Bahamas B

Likely 45-54% CLICO recovery on key asset sale

By NEIL HARTNELL Tribune Business Editor CLICO (Bahamas) and its creditors are likely to recover only between 45-54 per cent of the insolvent insurer's investment in its largest asset, Tribune Business can reveal, as its liquidator gears up to fight the

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Ex-Chamber chief ‘100% certain’ of credit downgrade

A former Chamber of Commerce president yesterday said he was “100 per cent certain” the Bahamas’ sovereign credit rating will be downgraded by Moody’s, due to its failure to enact fundamental reforms.

BPL pledges: You’ll have ‘soft landing’ on extra charge

BAHAMAS Power & Light’s (BPL) chairman yesterday pledged to make “the landing as soft as possible” for Bahamian consumers when it adds a debt servicing charge to their bills.

Freeport suggestions to Gov’t ‘in 2 weeks’

The Government will likely receive recommendations on Freeport’s short and long-term future within the next two weeks, the Opposition’s deputy leader yesterday calling for “quid pro quos” in return for extending the city’s tax breaks.

US gives Cable growth ‘4 times’ that in Bahamas

Cable Bahamas yesterday said its US expansion had generated growth that would take three-four years to achieve in this market, having enjoyed an “immediate” 26 per cent top-line boost.