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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”.
‘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.
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
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
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
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
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
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-
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in
BAHAMAS SUFFERS 90% FARMER DROP OVER 40 YEARS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE has been a 90 per cent decrease in Bahamian farmer numbers over the last 40 years, it was disclosed yesterday, with insurance said to be one of the "major concerns" for the in
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
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
AIRLINE '90 PER CENT COMPLETE' ON $4.5-$5 MILLION 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
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