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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.
Baha Mar: No gratuity deal in 10 months
Baha Mar yesterday said it had been forced to cease the normal 15 per cent gratuity payments at the Meliá Nassau Beach Resort, after 10 months of negotiations failed to reach an agreement with the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) on a new arrangement.
Excise Tax snafu stymies start-up's 60 hires plan
A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.
Union: City Markets behind over payroll
Union: City Markets behind over payroll By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE union representing City Markets workers has said it would welcome the sale of the struggling food store chain if it meant saving jobs, o
GDP boost from raising Bahamas' 60% net access
GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said
$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
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
Airline '90% complete' on $4.5-$5M project
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling
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
CITY MARKETS NAME 'SHOULD HAVE DIED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam
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
Carrier adds fourth Saabs
Carrier adds fourth Saabs SILVER Airways continues to upgrade its fleet, having accepted delivery of its fourth Saab 340Bplus. The Fort Lauderdale-based carrier, which received US Federal Aviation Administration (FAA) approval to operate the Saab 340Bp
Quotes from the day
Quotes from the day Paul Moss, Independent Garden Hills It's going pretty well, I think though that since we've been doing elections we should have had a better coordination with respect to buildings that we use this building while it can accomodate the
$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
Port IPO over $10m target
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development (APD) initial public offering (IPO) has raised 'north' of the $10 million subscription target, Tribune Business was told yesterday, with interest reachin
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
Radar woe spells 'possible disaster'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net An "erratic" radar system at Lynden Pindling International Airport (LPIA) is another ingredient for "possible disaster" in the aviation industry, the head of a Bahamian-owned airlin
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
Radar woe spells 'possible disaster'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net An "erratic" radar system at Lynden Pindling International Airport (LPIA) is another ingredient for "possible disaster" in the aviation industry, the head of a Bahamian-owned airlin
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
