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Lottery terms need defining and the web shops could help

A prominent web shop operator said yesterday the parameters of what would constitute a national lottery need to be clearly defined as the term is ‘very vague’, arguing such schemes have not proven to be successful in the Caribbean.Craig Flowers, the

Public health service needs total reform

STRENGTHENING the public health care system is a key step towards realising ‘comprehensive’ health care reform in this nation, the Bahamas Insurance Association’s (BIA) chairman said yesterday, noting the poor state of this nation’s public healthcare

Bahamas Striping steals the spotlight

A LOCAL striping company has snagged the cover of Sustainable Business Magazine, a UK based publication which focuses on ways in which companies meet 21st century challenges, roll out new initiatives and cutting edge projects all the while operating

Pricewaterhouse Coopers executives pay courtesy call on Minister of Labour

EXECUTIVES of Pricewaterhouse Coopers, one of the country’s leading and trusted professional services firms have paid a courtesy call on the Minister of Labour, Senator the Hon. Dion Foulkes at the Ministry of Labour on Shirley and Charlotte Streets.

Eight jobs to go as BOB axes branches

Bank of the Bahamas (BOB) yesterday announced it will shut down its Exuma branch and not reopen its Eight Mile Rock Branch effective December 31, with the moves to impact eight jobs.BOB said in a statement yesterday its Board of Directors has taken t

The magnificent seven

VOTES were placed, results were tallied and The Bahamas can now boast seven resorts in the Condé Nast Traveler Top Resorts in The Bahamas, Bermuda and Turks and Caicos Readers’ Choice Awards list.For the second consecutive year, Kamalame Cay claims t

Closures show banking system 'doomed to fail'

THE commercial banking model needs to be adjusted to suit the needs of the local economy particularly in the out islands, a Chamber of Commerce president said yesterday suggesting the current model is ‘doomed to fail’.Pedro Rolle, the Exuma Chamber o

No 'quick fix' for fishing industry post Irma

BAHAMIAN fishermen are in the process of ‘quantifying their losses’ and take advantage of the exigency order issued earlier this month, the Bahamas Commercial Fisher Alliance (BCFA) president told The Tribune yesterday warning their post Hurricane Ir

Outlook aims to tackle Andros’ ailing economy

WITH the 5th Annual Andros Business Outlook right around the corner, islanders say they are anticipating the forum to do just what the 2017 topic suggests: “Break Barriers! Promote Success”, when the community meets to discuss transformation on Thursday at Dreams Villas in Davis Creek.

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Smith aims to block power sale

A prominent QC yesterday “guaranteed” he will launch a Supreme Court action to block the $35 million ‘buy-out’ of Grand Bahama Power Company’s minority Bahamian shareholders.

Extend work permit 'fast track' to locals, Government urged

THE Government has been urged by a governance reformer to extend its ‘fast track’ work permit process to all Bahamian-owned businesses and industries suffering from “a skills gap”.Robert Myers, a principal with the Organisation for Responsible Govern

DPM: Grand Lucayan deal 'won't throw Budget out of whack'

THE Government’s bid to acquire the Grand Lucayan resort will “not throw the Budget out of whack”, the Deputy Prime Minister expressing hope it can be partially re-opened for the 2017-2018 winter season.K P Turnquest told Tribune Business that the pl

AML 'pauses' Carl's Jr expansion strategy

AML Foods yesterday confirmed it had “paused” the expansion of its Carl’s Jr hamburger franchise, after failing to yet generate the return on investment (ROI) it is targeting.Gavin Watchorn, the BISX-listed food and franchise group’s president and ch

BTC cuts 'top heavy' senior management

THE Bahamas Telecommunications Company (BTC) has slashed its “top heavy” executive management by releasing three vice-president-level executives, a union leader told Tribune Business.Bernard Evans, the Bahamas Communications and Public Officers Union

Mail boats to push tariff rise with Gov't

MAIL boat operators have been calling for a tariff increase “for some time now, its Association president confirming the matter will be raised with the Minnis administration.“We have been advocating for an increase in the tariff for sometime now. Tha