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Employers identify dozens of new hires
THE Director of Labour yesterday hailed the success of his department’s latest job fair, with major New Providence employers having identified dozens of potential hires.
Economist: Enterprises Bill $250k should be ‘bit higher’
THE Commercial Enterprises Bill’s $250,000 investment threshold should have been “a bit higher”, a University of the Bahamas economist argued yestrerday. Rupert Pinder, addressing the Rotary Club of West Nassau, said the $250,000 benchmark for foreign companies applying under the Bill did not match the level of incentives being granted.
PM: ‘No time to rest on laurels’ over EU
THE Prime Minister yesterday said the Bahamas has “no time to rest on our laurels”, given the European Union’s (EU) concerns over the absence of corporate income taxation. Dr Hubert Minnis told the House of Assembly that the EU’s Code of Conduct group had written to the Government expressing concerns that this nation’s tax system did not comply with its ‘blacklisting’ criteria.
Education reform first step in ‘skills gap’ fight
CURRICULUM reform in the school system should be the first step in tackling this nation’s ‘skills gap’, a veteran educator arguing that the education system must shift to a model that requires all students to meet a certain standard before they can obtain a high school diploma.
Nassau/PI urged to tackle tourism risks
New product development, climate change and the creation of a cultural and natural heritage mapping data base have been identified as priority risk areas that will be addressed over the next 12-months by the Nassau/Paradise Island tourism industry, in response to a sustainable destination assessment.
CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe
NO TOURISM IMPACT FROM ATLANTIS FIGHT
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE ongoing turmoil among Kerzner International's debt holders is unlikely to impact resort bookings and visitor perceptions of the Bahamas, according to tourism director-general Da
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
$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
Water Corp's threat to roads contractor
Water Corp's threat to roads contractor By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) had threatened to remove Jose Cartellones Construcciones Civiles Company (JCCC), the main contracto
PM pledges road project reviews
PM pledges road project reviews By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham said yesterday that an independent review would be undertaken of the government's administration of the New Providenc
BTC INVESTING $750K IN FOUR STORE UPGRADES
THE Bahamas Telecommunications Corporation (BTC) has invested $100,000 to renovate its store in Treasure Cay, Abaco, as part of the continued effort to redefine its retail footprint. The new location is one of four stores set to open between March 22 and
BTC INVESTING $750K IN FOUR STORE UPGRADES
THE Bahamas Telecommunications Corporation (BTC) has invested $100,000 to renovate its store in Treasure Cay, Abaco, as part of the continued effort to redefine its retail footprint. The new location is one of four stores set to open between March 22 and
BTC INVESTING $750K IN FOUR STORE UPGRADES
THE Bahamas Telecommunications Corporation (BTC) has invested $100,000 to renovate its store in Treasure Cay, Abaco, as part of the continued effort to redefine its retail footprint. The new location is one of four stores set to open between March 22 and
PM: FIRE CREATES REDEVELOPMENT OPPORTUNITIES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government "will move expeditiously" to restore the part of downtown that was ravaged by fire last Friday, Prime Minister Hubert Ingraham confirmed, saying the fire which destro
Downtown plans struck by blaze
Fire Pics By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PLANS for Bay Street's redevelopment were dealt a major blow last Friday when fire ravaged the Pompey Museum, with Downtown Nassau Partnership (NTDB) co-chairman, Charles
Gov't awaits Kelly property proposal
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The government is awaiting a proposal for the redevelopment of the Kelly property in downtown Nassau after it was ravaged by fire in February 2011. Speaking at the 59th annual gener
Straw vendors suffer losses
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed