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URCA: BTC cell monopoly 'rare'
URCA: BTC cell monopoly 'rare' By NEIL HARTNELL Tribune Business Editor While conceding that the Bahamas Telecommunications Company's (BTC) ongoing cellular monopoly was "increasingly rare", the industry regulator has rejected Cable Bahamas' urging that
Receivables over three times' Water Corporation target
By NEIL HARTNELL Tribune Business Editor Just how far the Water & Sewerage Corporation has to go to achieve financial viability has been highlighted by several key financial performance indicators, which show it currently enjoys a -44 per cent operating
29% auto sales rise 'not true market reflection'
29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D
29% auto sales rise 'not true market reflection'
29% auto sales rise 'not true market reflection' By NEIL HARTNELL Tribune Business Editor The 29 per cent year-over-year new car sales increase for the first two months of 2012 is "not a true reflection" of the anemic overall market, two Bahamas Motor D
IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN
By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,
SUPERVALUE IN 'OVER 20%' XMAS SALES RISE
By NEIL HARTNELL Tribune Business Editor The Supervalue supermarket chain saw a more than 20 per cent year-over-year increase in its Christmas sales figures, its owner and president telling Tribune Business yesterday the company was likely to invest a fu
Redesigned BTC store beats goals
Redesigned BTC store beats goals The Bahamas Telecommunications Company's (BTC) re-opened store on Pioneer's Way in Grand Bahama has "exceeded all targets" after its retail transformation. "We set targets for Grand Bahama and all of our targets have exce
Redesigned BTC store beats goals
Redesigned BTC store beats goals The Bahamas Telecommunications Company's (BTC) re-opened store on Pioneer's Way in Grand Bahama has "exceeded all targets" after its retail transformation. "We set targets for Grand Bahama and all of our targets have exce
Pension providers enjoy ‘significant’ 100% inquiry rise
Pension plan administrators yesterday said they had seen a 100 per cent increase in employer inquiries over the past 12 months, describing the surge as “significant” given existing low participation levels.
Water Corp needs 'top up' to $20m subsidies
Water Corp needs 'top up' to $20m subsidies By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene
FEEDBACK FROM THE FIRM'S KING
By Ian Ferguson We agree that a stronger focus on our customers enhances our ability to grow and expand our businesses, and to deepen our ability to maximise customer satisfaction. We say often that the customer is 'KING', and that they are the driving f
$20-$30M INVESTMENT AT LAST HOTEL CORP HOTEL
By NEIL HARTNELL Tribune Business Editor An Illinois-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming
Gov't 'good faith' key to Brewery's 100-job growth
Sands Beer’s manufacturer yesterday said its planned $15 million growth strategy, which could more than double its workforce via the creation of “over 100” jobs in the next five-10 years, depends on the Government maintaining the ‘tax advantage’ it holds over its BISX-listed rival.
Broker 'optimistic' doctors' captive issues resolved
Broker 'optimistic' doctors' captive issues resolved By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians
RENEWABLE ENERGY 'AMAZING CHANCE' FOR DIVERSIFICATION
By NEIL HARTNELL Tribune Business Editor The Bahamas has an "incredible opportunity" to diversify its economy by becoming a renewable energy exporter, a leading Caribbean expert yesterday saying it could emulate Israel's 92 per cent penetration rate if i
BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its
BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its
BORCO: 58% OF STORAGE MONIES FROM 3 CLIENTS
By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) parent has listed the Grand Bahama-based facility's narrow customer base among its material risks, with 58 per cent of its core oil storage revenues coming from just its
THE BIGGER PICTURE ON LOCAL BUYING
By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w
THE BIGGER PICTURE ON LOCAL BUYING
By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w
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