BPL studying 19 bids from power generators
NINETEEN firms have submitted bids to provide 80 megawatts of power to Bahamas Power & Light (BPL).
Foulkes seeks court ruling on union’s role for Sandals’ staff
LABOUR Minister Dion Foulkes said yesterday he is seeking a ‘legal opinion’ as to whether the Bahamas Hotel Maintenance and Allied Workers Union (BHMAWU) is still the bargaining agent for employees of Sandals Royal Bahamian.
ALIV and kicking for Bahamas business
ALIV is pleased to announce its Business Solutions Team is now stronger and more efficient than ever following its initial launch earlier this year. From then to now, the Business Solutions provides corporate services for over 450 plus clients.
Sir Sol Kerzner - a man the nation should honour
WITH growing calls to recognise those who have made a difference in The Bahamas, leading luxury real estate broker Mario Carey today said the man he would like to nominate for Heroes’ Day in October 2018 might come as a surprise.
Freight forwarder meeting demand
THIS fall, Mr Ship It officially held the grand opening for their third store located on the Carmichael Road strip. This location is aimed at helping residents in the south western New Providence area to have easy access to ship and pick up packages
Arawak's appeal for budding home owners
A leading housing developer says that it has seen a ‘overwhelming response’ to its latest offering, having recently sold-out three subdivisions. Arawak Homes’ president Aranon Wilson told Tribune Business the sell-out was ‘proof positive’ that demand
Water supplier's online customer service boost
Just months after relocating to the Old Fort Bay Plaza, the New Providence Water Development Company has launched its new website to improve customer service.The newly-designed website provides the full list of services offered by the company, along
Boating industry riding wave of success
THE Bahamas could see a ‘record 2018’ in boating tourism, according to Association of Bahamas Marinas (ABM) president Stephen Kappeler. Mr Kappeler, general manager of the Treasure Cay Resort, Marina and Golf Club told Tribune Business that based on
Whistleblower revelations drive broker's liquidation
A BAHAMIAN broker/dealer is facing liquidation after its $307,748 capital deficiency was “exacerbated” by whistleblower revelations of legal violations and corporate governance woes.The Securities Commission successfully petitioned the Supreme Court
$750m bond ‘makes compelling case’ for S&P ‘junk’ upgrade
THE Government will use its successful $750 million bond issue to “make the most compelling case we can” for Standard & Poor’s (S&P) to restore the Bahamas’ investment grade credit rating.
Credit bureau to bring initial 'pain, discomfort'
THE Credit Bureau’s creation could ultimately enable banks to release pent-up liquidity and improve their lending confidence, the Bahamas Institute of Chartered Accountants (BICA) president said yesterday.Gowon Bowe, who hailed the Government’s tabli
Broker: 'Business grows' despite harassing SEC
A BAHAMIAN broker/dealer’s principal yesterday said “business keeps growing” despite continued “harassment” by US regulators, who claim his local activities give “daily opportunities” to violate the law.Guy Gentile, head of Swiss-America Securities,
J. S. Johnson profits 'dampened' by 40%
HURRICANE activity slashed J. S. Johnson’s profits by 40.4 per cent net for the nine months to end-September 2017, with its underwriting affiliate suffering a $2.58 million ‘swing’.The BISX-listed insurance broker and agent told shareholders that its
Fisheries chief calls forend to Act 'loopholes'
THE introduction of a new Fisheries Act is “long overdue”, the Bahamas Commercial Fishers Alliance’s (BCFA) president yesterday saying the current law has numerous “loopholes”. “This is something that is long overdue, no doubt about it,” said Adrian
Credit bureau benefits will take 'a few years'
THE Central Bank’s governor yesterday said the benefits from creating a credit bureau will take “a few years to materialise” given the data gathering that will be required.John Rolle, in e-mailed replies to Tribune Business questions following Wednes
