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$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

$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

DNA adviser pushes for tax, exchange reforms

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas should move towards changing its tax structure and explore an alternative system to exchange control, a well-known doctor and financial executive said yesterday. Dr Jona

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

$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

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.

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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

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$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

‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

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.

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.

HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-

HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH

By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-

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

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

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

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