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Quotes from the day

Quotes from the day Hubert Minnis, Killarney FNM candidate "I was very happy to vote for myself. I could not vote for myself last time because I was in Clifton and of course I would at that time have voted for Kendal Wright, so now I and my household w

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

Harbour Island ‘thrilled’ at BPL energy resolution

Tourism stakeholders on Harbour Island yesterday hailed Bahamas Power and Light’s (BPL) plan to provide a 6 Mega Watt (MW) power plant to address long-standing energy concerns as “very encouraging”, one executive telling Tribune Business: “We’re thrilled.”

Big Game afoot for Bimini

THE Big Game Club on Bimini yesterday said its re-opening had sparked a number of new tourism opportunities on the island. The resort is continuing to build its own tourism-focused base in 2012, promoting its traditional water sports activities, along wit

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Atlantis owner eyes 'significant' 5-year investment programme

The Atlantis resort’s owner is looking to invest a “significant sum” in a five-year capital expenditure plan for the Paradise Island resort, having pronounced itself “quite excited” to have completed the $1.9 billion refinancing.

Chamber chief: Atlantis 'back into uncertainty'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Atlantis has been thrust back into a state of uncertainty once again, the Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman, Winston Rolle, yesterday questi

Five-day course trains Bahamian mediators

TEN Bahamians were trained to international mediation standards following a five-day course conducted for the first time ever in the Bahamas by the London School of Mediation. The training course was held between February 6-10 at the British Colonial Hilt

DNA LEADER BLASTS RIVALS ON ATLANTIS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEMOCRATIC National Alliance (DNA) leader, Branville MCartney, last night heaped blame on both PLP leader Perry Christie and Prime Minister Hubert Ingraham over the continuing $2.5

BEC EYES 'BREAK EVEN' FOR 2011

By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) 2011 bottom line performance is expected to be closer to "break even" than original $5 million projections, due to Hurricane Irene, but w

Union 'not sitting idle' over Atlantis

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) is closely monitoring the Atlantis ownership situation, and is prepared to take legal action if necessary, its executiv

Economist: Enterprises Bill $250k should be ‘bit higher’

THE Commercial Enterprises Bill’s $250,000 investment threshold should have been “a bit higher”, a University of the Bahamas economist argued yestrerday. Rupert Pinder, addressing the Rotary Club of West Nassau, said the $250,000 benchmark for foreign companies applying under the Bill did not match the level of incentives being granted.

Economist backs spending cuts to end ‘major wastage’

A University of the Bahamas economist yesterday backed government spending cuts on the grounds there has been “a great deal of wastage”. Rupert Pinder, addressing a Rotary Club of West Nassau luncheon, said: “We cannot overemphasise the importance of economic growth. You can cut spending until the cows come home, but what is really going to put this economy on a strong footing is growth. I am a proponent for cuts in public spending because I think there has been a great deal of wastage.

Insurers unhappy at Gov’t ‘neglect’

The Bahamas Insurance Association’s (BIA) chairman says the industry believes the Government has neglected it, as there are numerous long-standing legal and policy issues it is still battling to resolve.

DOCTORS UNVEILS NEW BOARD APPOINTMENT

DOCTORS Hospital yesterday announced the appointment of Kerzner International executive,, Karen Carey, to its Board of Directors. Mrs Carey, who serves as senior vice-president of human resources at Kerzner International Bahamas, fills a position made vac

UNION 'VIGILANT' ON ATLANTIS JOBS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man

UNION 'VIGILANT' ON ATLANTIS JOBS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man

UNION 'VIGILANT' ON ATLANTIS JOBS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man

UNION 'VIGILANT' ON ATLANTIS JOBS

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man