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Call termination cuts ‘a beautiful thing’
A rival telecommunications provider yesterday said it was “100 per cent behind” plans to cut the Bahamas Telecommunications Company’s (BTC) call termination rates by up to 60 per cent, telling Tribune Business the proposed 2 cents per minute slash for 2013 was “a beautiful thing”.
$1bn project eyeing revival
EFFORTS are being made to revive a former $1 billion resort project cited by ex-Prime Minister Hubert Ingraham as a key factor in firing his then-minister of housing, Ken Russell, Tribune Business can reveal.
‘WE JUST SHOT OURSELVES IN THE FOOT’: Men’s national beach soccer team goalie speaks on Bahamas’ 4th place finish
It’s not every day that an athlete makes a successful transition from one sport to the other.
Port-fighting family in $46.5m GB exit
A Florida-based family who engaged in a bitter public battle with the Grand Bahama Port Authority (GBPA) and its affiliates have put all their Freeport interests up for sale with a $46.5m asking price.
BID to end ‘piecemeal’ Bay Street approach
The Downtown Nassau Partnership’s (DNP) co-chair yesterday renewed calls for Bay Street and surrounding areas to be designated as a Business Improvement District (BID) to escape the “piecemeal” approach to redevelopment.
PM meet’s ‘way to defuse’ VAT health claims dispute
The Prime Minister’s Business Round Table with senior corporate executives may have created a pathway for “defusing” the row over the VAT treatment of health insurance claims, one attendee said last night.
December air arrivals up 13% on pre-COVID
Stopover visitors for December 2022, which included the peak Christmas and New Year's tourism period, more than doubled year-over-year to beat the industry's pre-COVID performance by almost 13 percent.
Serious crimes up on last year in Grand Bahama
SIX murders have been recorded on Grand Bahama so far this year and serious crimes are slightly up compared to last year, according to a senior police official.
External reserves 'run-off' in 2012 no major concern
External reserves 'run-off' in 2012 no major concern By NEIL HARTNELL Tribune Business Editor While the Central Bank of the Bahamas is expecting "some run-off" in the nation's external reserves, its governor yesterday told Tribune Business any drop woul
Bahamasair reduces staff 12% in 5 years
Bahamasair reduces staff 12% in 5 years By NEIL HARTNELL Tribune Business Editor Bahamasair has reduced staff levels through "natural attrition" by more than 12 per cent over the past five years, Tribune Business was told yesterday, while improving its
$50m project predicts 30-40% sales increase
A MAJOR western New Providence real estate development is on track to this year surpass 2011 sales by 30-40 per cent, its principal telling Tribune Business yesterday that it was preparing to take total build-out value to $50 million by starting two more construction phases in 2012.
Less than 1/4 of NIB pension recipients come from poorest 20%
By NEIL HARTNELL Tribune Business Editor Fewer than one in four Bahamians receiving a National Insurance Board (NIB) non-contributory pension come from the poorest 20 per cent of society, an Inter-American Development Bank (IDB) report disclosing that pl
Top KC sounds ‘dark side of Bahamianisation’ alarm
A PROMINENT KC yesterday sounded the alarm over the “dark side of Bahamianisation” for breeding mediocrity based on “a sense of entitlement”.
ONE ELEUTHERA FOUNDATION – The lurking danger of margarine
IF corn were to be wiped from the face of the earth by a maniacal pathogen, we Bahamians would be lost for breakfast. On just about every restaurant menu throughout the archipelago, one can find “boiled fish”, “stewed fish”, “corned beef”, “tuna”, and “steamed sausage”, all traditionally served with grits.
Garvin Clarke named Player of Week again
For the second time this year as he makes his transition from the University of Akron to the Indiana University of Pennsylvania, Garvin Clarke has been named the Pennsylvania State Athletic Conference (PSAC) West Athlete of the Week.
INSIGHT: The role of police in general elections
Former Assistant Police Comm-issioner Paul Thompson explains why officers must not allow personal political preferences or associations to affect their professional duty . . .
Groundbreaking as MSC aims to bring passengers to Bimini
THE expansion of the MSC Bahamas brand continued yesterday as the world-renowned cruise and shipping company broke ground on its multi-million dollar Ocean Cay development, which is expected to bring in 369,000 stop-over cruise passengers to the Bimini chain annually.
FNM deputy: Labour law reforms could ‘unbalance’ economy
The FNM’s deputy leader yesterday warned that the Government’s latest labour law reforms threaten to upset the delicate balance between protecting Bahamian workers and the need for jobs and economic growth.
Confidence ‘baby steps’ key to GDP growth cure
Confidence-building “baby steps” are required to break the Bahamian private sector out of its “entrenched status quo” following a decade of growth “flat-lining”, an international economist argued yesterday.
‘Fluff contracts’ would face FNM Govt review
The FNM’s deputy leader has dismissed Government claims his party will ‘stop, review and cancel’ all agreements if elected to office, although “fluff contracts” would face close scrutiny.