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BAHA MAR'S OCCUPANCIES 3-4% ABOVE FORECAST LEVEL

By NEIL HARTNELL Tribune Business Editor While occupancies at Baha Mar's two existing Cable Beach resorts are trending 3-4 per cent ahead of 2012 forecasts, the resort developer yesterday said they had yet to reach "levels considered acceptable", followi

THE 'BAHAMIAN DREAM' HAS SOURED FOR SO MANY

Anyone who reads the local newspapers cannot help but notice the large number of distressed Bahamian homes advertised for sale by banks under their mortgage powers. Never before in the history of the Bahamas have so many families suffered the humiliation,

Tourism ‘softness’ exposed with 7% room revenue fall

Tourism “softness” resulted in a 7 per cent year-over-year decline in peak winter room revenues for Nassau’s major hotels, with both occupancies and pricing coming under pressure.

Bank payment charges need ‘legitimate redress’

THE Central Bank yesterday appeared to concede that fees for payment services were too high and “require legitimate redress”, a view shared by 78 per cent of Bahamians.

ROYALSTAR INVESTORS GET '200% PAY OUT'

By NEIL HARTNELL Tribune Business Editor RoyalStar Assurance is expecting to generate a $2-$3 million net profit for 2011 despite enduring a tough year, its managing director yesterday saying the company had to-date "paid out almost 200 per cent" of the

BEC partner targets eco-industrial park

BEC partner targets eco-industrial park By NEIL HARTNELL Tribune Business Editor BEC's ocean thermal energy partner yesterday revealed it plans to develop an eco-industrial park in the Bahamas, leveraging its project into technology and export spin-offs

BEC partner targets eco-industrial park

BEC partner targets eco-industrial park By NEIL HARTNELL Tribune Business Editor BEC's ocean thermal energy partner yesterday revealed it plans to develop an eco-industrial park in the Bahamas, leveraging its project into technology and export spin-offs

Getting new staff totally on board

Getting new staff totally on board By Ian Ferguson When an individual begins a relationship with an organisation for the first time, there are some high expectations that circulate in the minds of these employees. Likewise, the company has some high hop

Getting new staff totally on board

Getting new staff totally on board By Ian Ferguson When an individual begins a relationship with an organisation for the first time, there are some high expectations that circulate in the minds of these employees. Likewise, the company has some high hop

BTC profits slump 26.4%

The Bahamas Telecommunications Company (BTC) suffered a 26.4 per cent profits slump for the year to end-March 2015, as its revenues and staffing levels came under pressure in the run-up to mobile liberalisation.

Super Value chief: Prices up 2-3% with new Port

SUPER Value's owner yesterday warned the price of many grocery items is likely to increase by at least 2-3 per cent, having been told that freight rates will rise by 10 per cent due to the new/revised charges being imposed by the Arawak Cay Port.

Road project borrowing to strike $206m

Road project borrowing to strike $206m By NEIL HARTNELL Tribune Business Editor Both the Government and Opposition PLP yesterday effectively attempted to blame the other for the poor management and huge cost overruns impacting the controversial New Prov

Nassau world’s 5th most expensive city for hotel vacations

Nassau’s was yesterday ranked as the fifth most expensive city in the world for hotel accommodation, a finding that will further raise concern that this nation is slowly pricing itself out of the global tourism market.

The art of leadership

The art of leadership By Ian Ferguson As we prepare ourselves as a nation to select our political leaders for another term in office, the Chamber Voice begins a series on Leadership. Leadership is probably best defined as the ability a person has to bui

The art of leadership

The art of leadership By Ian Ferguson As we prepare ourselves as a nation to select our political leaders for another term in office, the Chamber Voice begins a series on Leadership. Leadership is probably best defined as the ability a person has to bui

The art of leadership

The art of leadership By Ian Ferguson As we prepare ourselves as a nation to select our political leaders for another term in office, the Chamber Voice begins a series on Leadership. Leadership is probably best defined as the ability a person has to bui

DON'T SETTLE FOR A SURVIVAL 'RUT'

By Ian Ferguson A paradigm is defined as a mindset or pattern of behaviour that appears to be the established norm. A paradigm shift, though, is the force driving individuals and organisations out of that prevailing mindset, propelling them towards a bri

Water Corporation owes BISX-listed firm $8.3m

Water Corporation owes BISX-listed firm $8.3m By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation's cash flow woes were highlighted again last night after BISX-listed Consolidated Water revealed that was owed $8.3 million for water

Water Corporation owes BISX-listed firm $8.3m

Water Corporation owes BISX-listed firm $8.3m By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation's cash flow woes were highlighted again last night after BISX-listed Consolidated Water revealed that was owed $8.3 million for water

BAHAMAS 'UNAWARE' OF FINANCIAL 'WATCH LIST' PLACEMENT

By NEIL HARTNELL Tribune Business Editor A government minister last night said the Ingraham administration "was not aware of any international concerns" relating to the Bahamian financial services industry, after reports surfaced that this nation had bee