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GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

Port IPO over $10m target

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development (APD) initial public offering (IPO) has raised 'north' of the $10 million subscription target, Tribune Business was told yesterday, with interest reachin

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GOVT LIKELY TO SELL 40% PORT EQUITY STAKE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co

Fishermen: Gov't late on storm relief

Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.

GDP boost from raising Bahamas' 60% Net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

GDP boost from raising Bahamas' 60% Net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

Call to fix deficiencies in public health care system

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEFICIENCIES within the public health care system need to be fixed first before any consideration is given to a 'national health insurance scheme,' a doctor telling Tribune Business

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GDP boost from raising Bahamas' 60% net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

Climate change exacerbates Bahamas’ major challenges

CLIMATE change is exacerbating the Bahamas’ challenges with food security, water scarcity and energy security, the Prime Minister said yesterday, over an issue that threatens this nation’s land mass.

City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun

City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun

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Excise Tax snafu stymies start-up's 60 hires plan

A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.

SANDALS SAYS $84-$85M SPENT ON EMERALD BAY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent

SANDALS SAYS $84-$85M SPENT ON EMERALD BAY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent

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Maritime marriage revenues beating forecasts by 20%

Maritime mariages on Bahamian-registered vessels have generated 20 per cent more revenue than projected for 2014 to-date, the Attorney General telling Tribune Business that this nation has been approached by all the major cruise lines over this venture.

FNM deputy questions Mortgage Relief ‘sense’

The Christie administration’s revised Mortgage Relief Plan does not make much sense “on the face of it”, according to the Opposition’s finance spokesman, who questioned what return the Government would get for its $20 million ‘investment’.

$10-$12M PROJECT RESTARTS SALES AFTER YEAR-LONG HIATUS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BETWEEN $10-$12 million has been invested in the 281-lot South Seas subdivision to date, its developer said yesterday, telling Tribune Business that the project "didn't move as we a

ICTs cited as ‘enabler’ for sustainable cities

Information and Communications Technologies (ICT) can be used as ‘enablers’ to tackle environmental challenges and build sustainable cities, an adviser to the International Telecommunications Union (ITU) said yesterday.