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BTC owner dismisses Cable’s mobile threat

The Bahamas Telecommunications Company’s (BTC) controlling owner yesterday dismissed the competitive threat Cable Bahamas will pose if it wins the second cellular licence, saying it was “not a big player” when compared to the likes of Digicel.

Standing out in the crowd

By Deidre Bastian It's no secret that the Internet has tremendously impacted the advertising industry, and online ads are continuing to increase in volume each year. But does this indicate that print advertising is over and will die a slow death? A frien

Standing out in the crowd

By Deidre Bastian It's no secret that the Internet has tremendously impacted the advertising industry, and online ads are continuing to increase in volume each year. But does this indicate that print advertising is over and will die a slow death? A frien

Standing out in the crowd

By Deidre Bastian It's no secret that the Internet has tremendously impacted the advertising industry, and online ads are continuing to increase in volume each year. But does this indicate that print advertising is over and will die a slow death? A frien

Insurers ‘not oblivious’ to Bahamas sanctions threat

THE insurance industry “is not oblivious” to the need for the Bahamas to comply with global anti-financial crime standards and avoid sanctions, its chairman said yesterday.

Sir Jack tells QC: Put money where mouth is

A key Grand Bahama Port Authority (GBPA) shareholder yesterday urged an outspoken QC to ‘put his money where his mouth is’ and find a buyer for the quasi-governmental entity.

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BIFF ‘taken for ride’ over Dingman deal

The Bahamas International Film Festival’s (BIFF) founder yesterday said she was left “embarrassed”, and felt “taken for a ride”, after Jamie Dingman failed to deliver on his promised acquisition of the organisation.

BRISTOL PREMIER'S 'BEST OF THE BEST'

By NEIL HARTNELL Tribune Business Editor Bristol Wine and Spirits is aiming to showcase "the best of the best" in its wine and spirits portfolio through next week's 'soft opening' of its one-acre Premier Cru venue on Gladstone Road, its president yesterd

Bank warns on provisions rise

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling

Bank warns on provisions rise

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International has warned investors it may have to increase loan loss provisions further during its financial year's second half, its managing director telling Tribune Business it was "grappling

Bahamas ‘must get it right first time’ on tourism value

The Bahamas Hotel and Tourism Association’s (BHTA) president has warned that this nation will suffer reduced stopover arrivals unless its product value improves, adding: “We need to get it right first time.”

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COMMUNICATIONS REVENUES FALL 7%

By NEIL HARTNELL Tribune Business Editor The Bahamian communications industry's total revenues decreased by 7 per cent year-over-year in 2010, falling from $460 million to $428 million, as the sector's regulator pledged to introduce "universal service ob

Gov’t plans to narrow VAT payment window

The Government yesterday unveiled plans to shrink the Value-Added Tax (VAT) payment window by seven days, and other revenue enforcement measures, amid the numerous tariff rate cuts consistent with a pre-election Budget.

TELL, BUT DON'T SELL, YOUR FIRM'S STORY

By D'Arcy Rahming The first time I tried to use Facebook Ads in one of my businesses a couple of years ago, I lost a lot of money. I mean, everything seemed to be going so well. A lot of people were expressing interest in my page judging by the number of

Baha Mar casino hotel at '20 storeys' by year-end

By NEIL HARTNELL Tribune Business Editor The casino hotel for the $2.6 billion Baha Mar project could "be as high as 20 storeys" by year-end, Tribune Business was told yesterday, with work on the core "superstructure" 50 per cent complete by that point.

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

BAHAMAS AT 'TOP OF PACK' ON WEALTH MANAGEMENT

By NEIL HARTNELL Tribune Business Editor Revised legislation will leave the Bahamas "at the top of the pack" among Caribbean financial centres when it comes to private wealth management, the Attorney General told Tribune Business yesterday. Lauding amend

BREAK FINANCIAL 'STATUS QUO' VIA 23% GDP GOAL

By NEIL HARTNELL Tribune Business Editor The financial services industry's direct GDP contribution could grow to 22-23 per cent within five-seven years if the Bahamas was bold enough to break with the "status quo" position it has maintained for the past

HUTCHISON CHIEF: GRAND LUCAYAN IN 'PERILOUS POSITION'

By NEIL HARTNELL Tribune Business Editor All Grand Bahamians need to realise the Grand Lucayan resort is in a "perilous position", a senior Hutchison Whampoa executive told Tribune Business yesterday, adding that the Hong Kong-based conglomerate was "fra

HUTCHISON CHIEF: GRAND LUCAYAN IN 'PERILOUS POSITION'

By NEIL HARTNELL Tribune Business Editor All Grand Bahamians need to realise the Grand Lucayan resort is in a "perilous position", a senior Hutchison Whampoa executive told Tribune Business yesterday, adding that the Hong Kong-based conglomerate was "fra