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'SEVERAL HUNDRED MERCHANT' CLIENT BASE FOR BANK'S E-COMMERCE PLAN

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International is eyeing an initial client base of "several hundred" Bahamian merchants for the planned launch of its e-commerce platform in six months' time, telling Tribune Business yesterday

'SEVERAL HUNDRED MERCHANT' CLIENT BASE FOR BANK'S E-COMMERCE PLAN

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International is eyeing an initial client base of "several hundred" Bahamian merchants for the planned launch of its e-commerce platform in six months' time, telling Tribune Business yesterday

'SEVERAL HUNDRED MERCHANT' CLIENT BASE FOR BANK'S E-COMMERCE PLAN

By NEIL HARTNELL Tribune Business Editor Bank of the Bahamas International is eyeing an initial client base of "several hundred" Bahamian merchants for the planned launch of its e-commerce platform in six months' time, telling Tribune Business yesterday

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

Liquidator targeting Govt’s $720k oil fee

Some $720,000 in oil exploration license fees that were paid to the Bahamas Government are being targeted by a Cayman-based liquidator, who has written to two Cabinet ministers seeking their assistance in recovering the funds.

‘Breath of fresh air’: 150k cruise arrivals over Xmas

The Downtown Nassau Partnership’s (DNP) co-chair yesterday hailed the increase in cruise ship traffic as a “breath of fresh air” for business with close to 150,000 passenger arrivals forecast for Christmas week.

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

ZNS blasts Cable on ad 'dumping'

By NEIL HARTNELL Tribune Business Editor ZNS has alleged that Cable Bahamas' previous Channel 12 tie-up with a radio station owned by a former PLP Cabinet Minister was politically motivated, and an attempt to "cut a deal" with the Christie administration

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Illegal netting threatens $1.5m bonefish investment

A Long Island bonefishing lodge owner says his $1.5 million investment and six jobs are being jeopardised by illegal netting, which threatens to “wipe out” the industry within the next five years.

PM cuts 2016 GDP growth to just 0.5%

Prime Minister Perry Christie yesterday slashed a full percentage point off the Bahamas’ projected economic growth for 2016, cutting real GDP expansion estimates to just 0.5 per cent.

Drug wholesalers yet to feel PHA’s 20% spend rise

Major Bahamian pharmaceutical wholesalers last night said they were yet to feel the benefits of the Public Hospitals Authority’s (PHA) 20 per cent ‘local’ spending increase, with two reporting a decline in government sales this year.

Redesigned BTC store beats goals

Redesigned BTC store beats goals The Bahamas Telecommunications Company's (BTC) re-opened store on Pioneer's Way in Grand Bahama has "exceeded all targets" after its retail transformation. "We set targets for Grand Bahama and all of our targets have exce

Redesigned BTC store beats goals

Redesigned BTC store beats goals The Bahamas Telecommunications Company's (BTC) re-opened store on Pioneer's Way in Grand Bahama has "exceeded all targets" after its retail transformation. "We set targets for Grand Bahama and all of our targets have exce

‘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”.

BTC warns union on its 'long-term health'

BTC warns union on its 'long-term health' By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) last night reminded the trade unions representing its staff that it had to safeguard its "long-term health", since an unfavou

Bahamas '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

Developer seeks $10m in new equity finance

The developers behind Eleuthera’s French Leave Resort and Marina yesterday said they were “cautiously optimistic” about securing an additional $10 million in equity financing to fund the build-out of 20 more villas.

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm

DEVELOPER MOVES TO AVOID EARLY 'MISS' AT EX-GINN PROJECT

By NEIL HARTNELL Tribune Business Editor The Canadian-based developer for the former $4.9 billion Ginn project's real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having shifted the developm