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Competition absence aids bad businesses
Competition absence aids bad businesses By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LARGE number of Bahamian companies enjoy repeat business simply due to lack of competition, a Bahamas Development Bank (BDB) executive sa
MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
MEDIUM HOTELS ENJOY 4-7% OCCUPANCY RISE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MEDIUM-sized Nassau hotels have seen business levels exceed expectations, with occupancies up between 4-7 percentage points, and exclusive properties such as Graycliff and the Parad
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.
$10m Port IPO oversubscribed before public sector advance
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE $10 million Arawak Cay Port Development (APD) initial public offering (IPO) was already oversubscribed prior to the Government offering an interest-free salary advance for civil
Sandals proposes Bahamasair change
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of
Sandals proposes Bahamasair change
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of
$64M INVESTED IN PORT TO-DATE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE ARAWAK Cay Port Development Company said yesterday $64 million has so far been spent for the port's construction and that of the inland break-bulk facility at Gladstone Road, it
Second shipping firm in fee rise
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A SECOND shipping company yesterday announced fee increases to offset the costs associated with its move to the new Arawak Cay port, with retailers telling Tribune Business any fre
PORT IPO HOLDING $1,150 MAXIMUM
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti
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.
MSC deal to give Bahamian company ‘widest ever smile’
The Bahamian leaseholder of Ocean Cay will have “the biggest smiles ever” as a result of the deal that will see Mediterranean Shipping Company (MSC) take over the island for its $100 million cruise port.
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