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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

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

GOVT EMPLOYEES TAKE $6.5M IN APD SHARE SUBSCRIPTIONS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net GOVERNMENT employees accounted for $6.5 million in share subscriptions in APD Limited's initial public offering, Tribune Business was told yesterday, with the IPO reaching just over

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

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.

$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

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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

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-

Fishermen: Gov't late on storm relief

Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.

Activist slams Shell LNG deal as ‘regressive step’

A WELL-known environmentalist yesterday said the adoption of liquefied natural gas (LNG) as the Bahamas’ main power source is a “huge regressive step”, questioning why the Government was not aggressively pursuing solar energy.

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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”.

Web shop gains 'stay' on closure

The only web shop operator to be denied a licence has obtained a stay of the Supreme Court decision that effectively paved the way for its closure two weeks ago.

Shipping industry 'gone through hell'

Shipping industry 'gone through hell' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE past three years have been "hell" for the shipping industry, to Arawak Port Development (APD) chief executive Mike Maura Jr said yesterday

Shipping industry 'gone through hell'

Shipping industry 'gone through hell' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE past three years have been "hell" for the shipping industry, to Arawak Port Development (APD) chief executive Mike Maura Jr said yesterday

Shipping industry 'gone through hell'

Shipping industry 'gone through hell' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE past three years have been "hell" for the shipping industry, to Arawak Port Development (APD) chief executive Mike Maura Jr said yesterday

Competition absence aids bad businesses

Competition absence aids bad businesses By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A LARGE number of Bahamian companies enjoy repeat business simply due to lack of competition, a Bahamas Development Bank (BDB) executive sa