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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.
Unions: Employers leaving us with no choice but strike
A union leader yesterday said employers are ignoring the legally-stipulated 45-day period in which to begin negotiations, leaving organised labour with no choice but to resort to industrial action.
PI condo complex beats sale forecast
The owner of the former Ocean Place condominium complex on Paradise Island yesterday said it plans to bring 32 units to market by March 2016, telling Tribune Business initial sales had been “better than anticipated”.
Long Island is ‘like nation’s step child’
Long Island feels “like the step child of the Bahamas”, its Chamber of Commerce president yesterday warning an absence of growth and infrastructure is forcing businesses to close down.
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.
'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.
$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
'LOT OF ABUSE' IN WELFARE SYSTEM
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas' social security system has been subjected to "a lot of abuse", the minister responsible has admitted, acknowledging that welfare assistance was not always being given t
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
$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
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
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
