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BTC breaches 'no trivial' issue
REGULATORS have fined the Bahamas Telecommunications Company (BTC) almost $31,000 for violating pricing and consumer protection rules, rejecting its claim that the breaches were “trivial”.The Utilities Regulation and Competition Authority (URCA), in
Auto sector’s 20% rise beats ‘outrageous’ shipping costs
Bahamian auto dealers yesterday predicted new vehicle sales will close 2022 some 15-20 percent ahead of last year after the industry overcame “outrageous” shipping cost hikes and inventory shortages.
'Mid-80s' occupancies give Atlantis 'exceptional' March
Atlantis is eyeing an “exceptional” March with “across the board” occupancies in the low-mid 80 per cent ranges, its senior executive telling Tribune Business the resort had beaten early 2012 comparatives and was hitting this year’s performance targets.
Web shops face 'year of famine' on 'sweet spot'
Web shop operators may have to endure “a year of famine” to find the industry’s taxation “sweet spot”, a Cabinet Minister yesterday urging: “Let the Bahamian people be the judge.”Dionisio D’Aguilar, minister of tourism and aviation, called on the sev
INSIGHT: The good, the bad and the ugly - A dangerous mix of tourism and crime
For generations the relationship between country's leaders and its inhabitants have straddled a Cartesian dualism, in a sense that both politician and voter interact within a single socio-economic reality from competing foundations.
'Punished for being a bold, independent thinker'
MARVA Moxey, third child of Ed Moxey, creator of Jumbey Village, told those gathered to pay tribute to her 80-year-old father Friday night of the hardships the family suffered because they were Moxeys – particularly the children of the former PLP parliamentarian.
1,000 scholarships available at BTVI
THE government, through the Bahamas Technical and Vocational Institute, is offering 1,000 scholarships to students enrolled in full-time programmes inclusive of preparatory, certificate, diploma and associate degrees.Named The Bahamas Be Your Own Bos
BOB trading bandwidth is increased 54%
The bandwidth in which Bank of the Bahamas shares can trade on BISX has been expanded for the second time in less than two months, this time by 54 per cent, amid alterations to its $40 million rights offering.
Bahamas lacks 'social maturity' to accept Investor Citizenship
A Cabinet Minister believes the Bahamas lacks the “social maturity” to accept an Investor Citizen programme that would aim to attract the world’s wealthiest individuals to this nation and supply a major economic boost.
BAMSI chief slams farmer ‘nonsense’
The Bahamas Agricultural and Marine Sciences Institute (BAMSI) president has dismissed as “nonsense” the notion that Bahamian farmers cannot compete with foreign imports, adding that those who follow good agricultural practices could earn up to $50,000 annually or more.
CIBC: 70% of staff exits ‘voluntary’
Some 70 per cent of the workers that have left CIBC FirstCaribbean International Bank (Bahamas) as a result of its ongoing restructuring were voluntary departures, its regional chief executive said yesterday.
FNM planning to repeal parts of tax
AS the government works to fine-tune its new tax, FNM Leader Dr Hubert Minnis yesterday said his party is forming a plan to repeal certain categories of value added tax if it wins the next election.
Court judgments only retroactive Credit bureau info
Only loan agreements entered into after the Credit Bureau’s introduction will be included in its records, the Central Bank Governor said yesterday, adding that the “only exception” would be outstanding court judgments.
Ex-Chamber chief says Budget ‘prudent, sober’
The Government appears to have presented a “prudent, sober” pre-election Budget, a former Chamber of Commerce president said yesterday, adding that it had given a “welcome kick-start” to fiscal consolidation by resisting the temptation to over-spend.
FNM accuses government of ‘failing small businesses’
THE FREE National Movement has accused the Davis administration of failing small businesses, saying its “ill-advised” policies has made it difficult for business owners to operate.
Gym owners eye New Year spike in business
BAHAMIAN gym owners say business has increased by as much as 25 percent post-Christmas as persons move to work off the pounds gained during the holiday season.
Ten percent rise in construction costs predicted this year
The Bahamas Contractors Association president said that rising shipping costs will continue to drive construction materials prices higher this year by ten percent at least.
Small resort model 'can be much better'
The Bahamian small hotel business model “can be much better”, a resort’s managing partner believes, adding that Abaco is not a “deal/discount” destination.
ORG calls for transparency as government considers NIB rate hike
A GOVERNANCE reformer said yesterday the proposed National Insurance Board rate increase should include consultations in citizens’ interest, adding more transparency should be given to those who will be affected.
Alliance to advance Bahamian innovation
The Ministry of Tourism, Investments and Aviation yesterday signed an agreement with the Black Innovative Alliance (BIA) to boost technology entrepreneurs and innovation in The Bahamas.
