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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
Bermuda learns from Arawak Port project
Arawak Port Development Company (APD) executives recently hosted Bermuda government officials on a tour of the $83 million Nassau Container Port and Gladstone Freight Terminal. Marc A.R. Bean, Bermuda's minister of environment, planning and infrastruct
Corporate redress regime upheld with $33m verdict
The Supreme Court has prevented the Bahamas being perceived as “a parochial, quirky jurisdiction” for international business through its recent ruling on a $33 million insolvency dispute, a former attorney general said yesterday.
$10M SOCIAL SECURITY REFORMS 'FIRST OF THEIR KIND' IN CARIBBEAN
By NEIL HARTNELL Tribune Business Editor The Bahamas' proposed $10 million social security reform initiative is a 'first-of-its-kind' in the Caribbean, as it will tie welfare payments to "improving human capital" through better educational achievement fo
Car Show 'bounce' in 83-100% sales growth
BAHAMIAN new car dealers yesterday revealed that the Car Show "bounce" appeared to have returned in 2012, with April's sales up between 83-100 per cent month-over-month compared to March.
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
FAMILIES EARNING UNDER $5K YEARLY INCREASE BY 83%
By NEIL HARTNELL Tribune Business Editor The number of Bahamian households surviving on less than $5,000 per year has increased by an "alarming" 83 per cent in the past four years, Department of Statistics data shows, indicating the recession has most im
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
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
800 job applications for new mobile player
Cable Bahamas had received around 800 applications for jobs with the nation's second mobile provider by end-last week, it was revealed yesterday, and is confident the new operator can beat its financial targets.
MONTAQUE LIQUIDATORS 'FULL FORCE' IN CANADA
By NEIL HARTNELL Tribune Business Editor Liquidators for Owen Bethel's Montaque Capital Partners have been recognised by the Ontario Superior Court of Justice through a ruling given "full force and effect" throughout Canada, a move critical to enabling t
FIELDS NAMED AS TOP INSURANCE REGULATOR
By NEIL HARTNELL Tribune Business Editor Former ColinaImperial executive Michele Fields has been appointed as the Bahamas' chief insurance regulator, Tribune Business can reveal, the Government believing her industry background will allow enhanced superv
URCA 'u-turn' over third cellular player
URCA 'u-turn' over third cellular player By NEIL HARTNELL Tribune Business Editor The Bahamian communications regulator has reversed course by deciding not to reserve space in the key 700 MHz radio frequency spectrum for a third cellular operator, while
Second mobile operator begins launch process
Cable Bahamas yesterday said the clock had started running on the aggressive roll-out timetable for the second mobile operator to launch services to 99 per cent of New Providence within three months, after the Government approved its licensing.
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
Trade deficit narrows 9.7%
The Bahamas experienced a 9.7 per cent drop in its trade deficit to $2.554 billion in 2013, largely due to an almost-$300 million fall in its import bill.
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