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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
'I've never seen it like this before'
'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see
PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa
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.
Mortgage Relief: 16%of targeted borrowers qualify
Some 16 per cent of troubled borrowers targeted by the Government’s revised Mortgage Relief Plan have been enrolled in the scheme, a Cabinet Minister yesterday saying it had already been “more successful” than the first version.
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
'Internal brain drain'costs Bahamas $3.5bn
The Bahamas is losing nearly $3.5 billion to the “internal brain drain” caused by low worker productivity, a well-known eye doctor yesterday arguing this was having a greater economic impact than the loss of 61 per cent of tertiary-educated Bahamians to jobs abroad.
BEC receivables decline by 'millions of dollars'
BEC receivables decline by 'millions of dollars' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) accounts receivables have gone down by the "millions of dollars" within the past four
Uncertainty over 100 Bahamas Jobs
Uncertainty over 100 Bahamas Jobs By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Uncertainty surrounded the fate of 100 American Eagle jobs in the Bahamas last night, with the airline's parent, AMR Corporation, having announcin
bahamas Stripping to finalise deal for job at new national stadium
bahamas Stripping to finalise deal for job at new national stadium By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme
bahamas Stripping to finalise deal for job at new national stadium
bahamas Stripping to finalise deal for job at new national stadium By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme
Healthy job prospects need better awareness
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net "Phenomenal" employment opportunities exist for Bahamians in healthcare and allied industries, a leading doctor said yesterday, noting that the sector currently relies on a signific
BAHAMAS 'PUNCHING WELL ABOVE WEIGHT' IN SHIPPING
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas "punches well above its weight" in the global maritime industry, the Bahamas Maritime Authority's (BMA) chairman saying yesterday that through its involvement with the I
Union 'not sitting idle' over Atlantis
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) is closely monitoring the Atlantis ownership situation, and is prepared to take legal action if necessary, its executiv
KFC: Union on 'amber alert'
KFC: Union on 'amber alert' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (Nassau) employees are "adamant" that they are not prepared to take a reduction in their wages or benefits, a Bahamas Hotel, Cat
KFC: Union on 'amber alert'
KFC: Union on 'amber alert' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (Nassau) employees are "adamant" that they are not prepared to take a reduction in their wages or benefits, a Bahamas Hotel, Cat
KFC: Union on 'amber alert'
KFC: Union on 'amber alert' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (Nassau) employees are "adamant" that they are not prepared to take a reduction in their wages or benefits, a Bahamas Hotel, Cat
Chamber chief: Tax reform within 10 years
Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi
Chamber chief: Tax reform within 10 years
Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi
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
