Pre-inspection offer sparks used auto price hike fears
A JAPANESE firm’s offer to conduct pre-export inspections on used vehicles destined for the Bahamas would likely result in increased consumer prices if accepted.A copy of the proposal by EAA Company Ltd, which has been seen by Tribune Business, sugge
Renward LOI firm: Gov't left us off landfill bid list
THE firm at the centre of the Renward Wells Letter of Intent (LOI) controversy yesterday said the Government mistakenly omitted it from the list of New Providence landfill bidders.Jean-Paul (JP) Michielsen, Stellar Energy’s chief executive, told Trib
Realtors: We'll 'take' residency threshold increase to $750,000
Bahamian realtors will “take” the increased expedited permanent residency threshold despite wanting it to remain at $500,000, their Association president says.Christine Wallace-Whitfield said the Bahamas Real Estate Association (BREA) and its members
Grand Celebration confident in GB 'rebound' by late 2018
THE Grand Celebration cruise vessel’s owner is banking on a Grand Bahama tourism “rebound” by the 2018 fourth quarter, the vessel having suffered no lasting damage from breaking free of its moorings.David Johnson, a former Bahamas tourism director-ge
Attorneys launch new legal firm
A team of attorneys who used to practice with former Cabinet Minister, Kenred Dorsett, at Chancellors Chambers have launched their own law firm.Providence Law, a full-service commercial law practice, began operating on January 1.The partnership featu
Tourism eyes weather boost for bookings already up 16%
BAHAMIAN tourism officials yesterday said the massive storm hitting the US east coast could further boost bookings that are already 16 per cent up on 2017.Joy Jibrilu, the Ministry of Tourism’s director-general, yesterday said bad weather in the Baha
Mall at Marathon in latest upgrade
THE Mall at Marathon yesterday announced that Phase Three of its construction upgrade will begin this month with renovations to the wing that extends from Centre Court to AID and Clarks.The area known as ‘The Strip Center’ – the outdoor wing that ext
Minister: 17 landfill bids will 'get the best result'
A Cabinet Minister yesterday asserted that the Government “will get the best result for the Bahamian people” after receiving 17 ‘expressions of interest’ (EoIs) for the New Providence landfill.Romauld Ferreira, minister of the environment and housing
Gov't's $70m Aliv sell-off targeting end-April closing
THE $70 million sale of the Government’s majority shareholding in Aliv should be completed by end-April 2018, its advisers revealed yesterday.Gowon Bowe told Tribune Business that the Prime Minister and senior Cabinet members had now “satisfied thems
'Common sense prevails' over GB Power approval
INVESTMENT bankers yesterday hailed the Government’s approval of the Grand Bahama Power Company buy-out as “common sense prevailing” to the wider capital markets’ benefit.Anthony Ferguson, CFAL’s principal, told Tribune Business it was vital for this
Bahamian insurers fear NHI 'kop out'
BAHAMIAN insurers yesterday branded the Government’s National Health Insurance (NHI) legal opinion as “a kop out”, expressing fears it will be used as “cover” for reform inactivity.The Bahamas Insurance Association (BIA), in a statement released yest
GB Power opponents say: 'We'll go to another level'
GB Power Company’s critics yesterday pledged “to take our opposition to another level”, arguing that Bahamian ownership of vital utility assets had gone “backwards”.Pastor Eddie Victor, head of the Coalition of Concerned Citizens (CCC) pressure group
ART OF GRAPHIX: Design creativity at the soul of Junkanoo
JUNKANOO ain’t no jokey ting! For I love all the distinctive commonality it possesses. The spirit and soul of Junkanoo encompasses every imaginable aspect of craftsmanship.While Junkanoo’a origins remain the subject of long and passionate debates, wh
Spending boost from cruise port upgrade
THE redevelopment of Nassau’s cruise port will provide deliver greater value that increases spending by cruise passengers, the Bahamas Chamber of Commerce’s chairman said yesterday.Michael Maura, who is also Arawak Port Development Company’s (APD) ch
Chamber chair calls on Gov't to execute
THE Chamber of Commerce’s chairman yesterday pressed the Government to “deliver” on its plans and objectives, stating: “We need to see some growth and jobs.”Michael Maura underscored the need for the private sector to continue to support the Minnis a
