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BTC not at Liberty’s top as revenue rise flattens
The Bahamas Telecommunications Company (BTC) was not among its ultimate parent’s best Caribbean performers during the 2022 second quarter as revenues flat-lined against prior year comparatives.
Acquire firms that match your taste
As the only business broker in Nassau, I come across many different models for small businesses. Some work, and some do not. Others nest themselves neatly in a particular niche and are succe
‘Enough is enough’ say gas dealers
THE vice president of the Bahamas Petroleum Dealers Association said to “stay tuned” as fuel retailers await government addressing a long-waited margin increase, saying the industry feels “enough is enough”.
EDITORIAL: Davis tries to shift the blame
WHEN Prime Minister Philip “Brave” Davis gave his mid-year Budget communication last week, it seems something did not add up. He told the House that the government experienced a net deficit of $285.7m – that’s $7.8m more than the previous year.
BTC chief says fibre roll-out 70% finished
THE BAHAMAS Telecommunications Company (BTC) will be increasingly relying on a fibre network roll-out that is 70 percent complete to drive revenue growth and market share, its newly-appointed chief executive says.
ABIDAL SCORES LATE AS BARCELONA BEATS REAL MADRID 2-1
By PAUL LOGOTHETIS AP Sports Writer MADRID (AP) -- Barcelona got the better of archrival Real Madrid again Wednesday as Eric Abidal scored a rare goal to give his team a 2-1 win in the first leg of the Copa del Rey quarterfinals. Abidal chested down Lione
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
Gov't completes 'big architecture' on renewables
Gov't completes 'big architecture' on renewables By NEIL HARTNELL Tribune Business Editor The Ingraham administration has completed "the big architecture" to reform the energy industry and pave the way for renewable sources, the minister for the environ
A chance for interns to sign up for shark lab
TWO more Bahamians will have the opportunity of an internship at the Bimini Biological Field Station (BBFS), more commonly known as ‘The Shark Lab’, this summer.
FINCO profits near-double on 50% loan provision fall
FINANCE Corporation of the Bahamas (FINCO) profits near-doubled in 2017 due to a more than 50 per cent drop in loan loss provisions, even though bad credit increased to $121 million.Royal Bank of Canada’s (RBC) mortgage arm, in financial statements r
Symonette doubts some disclosures’ accuracy
FORMER Deputy Prime Minister Brent Symonette yesterday shrugged off public discourse over his immense wealth, instead speculating over the accuracy of disclosures filed by other veteran candidates last week.
CIBC FirstCaribbean explores US listing
CIBC FirstCaribbean’s parent yesterday confirmed its subsidiary is exploring a US stock exchange listing, a move likely to stoke speculation of a Canadian bank withdrawal from the region.
Analyst: VAT hike to 15% 'inevitable'
A leading financial analyst says a VAT rate hike to 15 percent is “inevitable” within two years of the next election as he called for a shift to a more progressive system via personal and corporate income tax.Anthony Ferguson, CFAL’s principal, speak
Govt touts 14,000 new SMEs created
The government yesterday sought to show its small and medium-sized enterprise (SME) focus is delivering results by reiterating that almost 14,000 such businesses have been formed since the 2017 general election.
Internet banking users jump 31%
The number of Bahamian internet banking users increased by almost 31 percent to breach the 100,000 mark in 2020 as COVID-19 increasingly drove persons to digital transactions.
BTC revenues off 9% despite mobile revival
The Bahamas Telecommunications Company (BTC) suffered a near-nine percent year-over-year revenue decline for the 2021 first quarter despite driving a 2,400 post-paid mobile subscriber rise.
Stop 'dictating' FDI direction, banker warns
The Bahamas must be more willing to open up to foreign direct investment (FDI) in non-traditional areas to have any hope of paying-off rising US dollar debt, a top investment banker is arguing.
Governor rejects non-essential import curb
The Central Bank's governor yesterday rejected as "bureaucratically inefficient" suggestions that The Bahamas impose restrictions on non-essential imports to protect the foreign currency reserves.
BTC's revenues drop over $21m
The Bahamas Telecommunications Company's (BTC) fell by more than $21m year-over-year for the nine months to end-September 2020 despite further slowing the erosion of its mobile customer base.
