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‘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.

Nassau/PI resorts in New Year sell-out 

MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.

All ‘milestones’ come Aliv for mobile player

The Bahamas’ second mobile operator said yesterday it had met all “milestones and obligations” for cellular coverage and infrastructure roll-out as required by its license, its sales and marketing head arguing it has “the best network in the Caribbean”.

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-

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has

$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 HOLDING $1,150 MAXIMUM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti

PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa

Tease photo

$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

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

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

Call to fix deficiencies in public health care system

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEFICIENCIES within the public health care system need to be fixed first before any consideration is given to a 'national health insurance scheme,' a doctor telling Tribune Business

'I've never seen it like this before'

'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see

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