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Oil explorer in total certainty on $25m well
The Bahamas Petroleum Company’s (BPC) top executive has acknowledged it is now better placed than ever before to deliver a first exploratory well in this nation’s waters by mid-2020.Simon Potter told Tribune Business that shareholder approvals at BPC
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WORLD VIEW: Cooperation, coercion and capitulation
ON March 12, the Council of the 28-nations European Union (EU) placed 15 small territories on a list of what it calls “non-cooperative jurisdictions”. What the EC considers these territories to be “non-cooperative” about reveals the raw exercise of power by the strong over the weak.
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BTC TAKES 4G TO GRAND BAHAMA
The Bahamas Telecommunications Company (BTC) has introduced its fourth generation (4G) network on Grand Bahama via a soft launch. Coming almost a month ahead of schedule, it follows the official launch of the same technology in New Providence one week ea
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WORLD VIEW: The fight for a big bite of Apple’s taxes
Over the last few weeks, a trans-Atlantic war of words has been going on between the US Treasury and the European Union Commission (EC) over what amounts to ‘harmful tax competition’.
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Oil explorer seeks approval to open to small investors
A Bahamas-based oil explorer and its advisers last Thursday submitted a formal request for regulatory approval to open their £2m mutual fund to investments by small Bahamian retail investors.Brian Jones, managing director of Leno Corporate Services,
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Four killed in plane crash
THE tragic death of two American couples in a plane crash ripped through the small community of Treasure Cay yesterday.
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Final stage of bidding for cellular licence begins
AFTER a five-month delay, the final phase of the selection process for the country’s second mobile services provider has begun, the Utilities Regulation and Competition Authority announced yesterday.
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Are cruise ship sick heading here?
THE United States Coast Guard has told foreign-flagged cruise ships to be prepared to care for people with COVID-19 for an uncertain period of time at sea or seek help from countries in which they are registered.
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Gov't and BPC 'dispute' outstanding licence fees
Bahamas Petroleum Company (BPC) yesterday warned against "making mountains out of molehills" after it was revealed the Government had refused to accept its payment of outstanding licence fees.
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URCA demands Cable Bahamas pull political ad
THE Utilities Regulation and Competition Authority has ordered Cable Bahamas Limited to immediately cease and desist from broadcasting a political advertisement of Progressive Liberal Party Leader Philip “Brave” Davis that has been showing on its channels.
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Agriculture policy to emphasise buyer links
Small Bahamian producers and livestock developers must have secure access to regional and international markets, the Minister of Agriculture said yesterday, adding that “connecting buyers to sellers” was central to the the Bahamas’ Agriculture Policy Programme (APP).
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TOUGH CALL: What Bahamians are discussing on social media
SEVERAL recent posts on my Facebook page discussed topical issues and generated some interesting responses, which I share here.
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Water & Sewerage loses court ruling on ‘double dipping’
A Supreme Court judge has ruled against the Water & Sewerage Corporation’s practice of docking the salaries of union members in a bid to end “double-dipping” in relation to sickness and maternity benefit claims, ordering that the corporation reimburse and/or refund all monies taken from union members as a result of the “ultra vires” exercise.
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Jones and Sun in WNBA Finals
Jonquel scores 15, grabs 10 rebounds as Sun rally in 4th to beat Sky 72-63
Powered by a furious quarter rally, Jonquel Jones and the Connecticut Sun won a series finale on the road and are headed to the WNBA Finals.
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Oil explorer fearing up to $500m harm
The Bahamas Petroleum Company (BPC) fears it could suffer "up to $500m in economic harm" if environmental activists succeed with yesterday's legal bid to halt its oil drilling plans.
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URCA: BTC cell monopoly 'rare'
URCA: BTC cell monopoly 'rare' By NEIL HARTNELL Tribune Business Editor While conceding that the Bahamas Telecommunications Company's (BTC) ongoing cellular monopoly was "increasingly rare", the industry regulator has rejected Cable Bahamas' urging that
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Opponents fear ‘door’s left open’ on oil licences
Oil exploration opponents yesterday voiced fears that a Cabinet minister’s statement on outstanding fees “leaves the door open” for licence renewals if these sums are paid.
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TOUGH CALL: Why Trump won and what it could mean for The Bahamas
One thing is for certain - there has been no shortage of analysis from every quarter on why Donald Trump won the US presidential election.
