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BISX-listed fund targets 40% profit boost from rental

The BISX-listed Bahamas Property Fund is predicting a 40 percent net profit boost from the $455,000 annual lease of office space that will have been empty for more than one year.Michael Anderson, the Property Fund’s administrator, told Tribune Busine

Insurance chief: Agent sector 'ripe for consolidation'

The Bahamian insurance agent/broker market is “ripe for consolidation”, Bahamas First’s chief believes, with its latest acquisitions set to boost its subsidiary’s performance by over ten percent.Patrick Ward, the property and casualty underwriter’s p

Bahamas targets maritime growth with Hong Kong trip

The Deputy Prime Minister has led a government delegation to Hong Kong as it bids to grow its maritime business from major Asian shipping centres.KP Turnquest led a group that last week met with the Hong Kong Ship Owners Association, and other ship o

Tourism 'dismayed' by beauty queen dispute

The Ministry of Tourism has broken its silence to say it “is dismayed” by its protracted copyright battle with ex-beauty queen-turned songstress, Khiara Sherman, pictured, in the Texas court.Defending its position, the ministry said in a statement r

Chamber hires consultant for WTO impact analysis

THE Bahamas Chamber of Commerce has hired Oxford Economics to study the likely economic impact of this nation’s accession to full World Trade Organisation (WTO) membership.Darron Pickstock, who heads the Chamber’s trade and investment division, said:

Summit to hold second edition at SuperClubs

Following its launch in 2017, Hubert Edwards Global will host its second annual Success Summit under the theme World Class success through Bold Leadership.“We dub our presenters Success Advocates, as that is what they will do on the day”, said Hubert

Man in hospital after hit and run collision

TRAFFIC police are investigating the circumstances of a hit-and-run incident that occurred on Nassau Street over the weekend. According to reports, a man was attempting to cross the street near a business establishment shortly after 6pm Saturday, whe

all aboard for two-day job fair

Royal Caribbean International is hosting a two-day job fair starting today at the National Training Agency on Gladstone Road hoping to fill a number of onboard positions ranging from bartender to broadcast technician.The job fair comes as the cruise

'It's time to call for anti-corruption laws'

THE Organisation for Responsible Governance has urged Bahamians to agitate for planned anti-corruption laws, reiterating concerns over the government’s handling of the relocation of the General Post Office to the Town Centre Mall. The group said whi

Reduce time convictions for marijuana stay on records, urges Davis

OPPOSITION Leader Philip Davis yesterday expressed support for the advancement of legislation to reduce the length of time that convictions for small amounts of marijuana remain on criminal records.Mr Davis pointed to the devastating impact these con

two hurt in armed robberies over weekend

POLICE are investigating two separate armed robberies that left two men with injuries.In the first incident, two men were at a business establishment on East Bay Street and Okra Hill when they were approached by two armed men.The assailants demanded

$1,000 fine for working without permission

A Jamaican man has been fined $1,000 after being caught mixing cement without the legal permission to do so earlier this month. Magistrate Kara Turnquest-Devaux fined Anthony Findley concerning his actions on November 5. Failure to pay the fine would

Over-the-Hill tax-free zones are already launched, says Minnis

OVER-the-Hill constituencies of Bain and Grants Town and Centreville are now tax-free zones, according to Prime Minister Dr Hubert Minnis, who said the government’s flagship initiative took effect November 1.Dr Minnis revealed these areas have, for t

FOX HILL COMMUNITY CENTRE SHUT AFTER GOVT FAILS TO PAY STAFF

PROGRESSIVE Liberal Party chairman Fred Mitchell says the Fox Hill Community Centre has been “effectively shuttered” after the government failed to pay staff for five months. The former Fox Hill MP said staff of the facility were unable to work on Fr

four held over cash at airport

TWO American men and two Jamaican women were arrested for failing to declare large sums of cash in separate incidents at the Lynden Pindling International Airport.Both incidents took place on Friday.The two American men, ages 25 and 31, were arrested