Construction more robust, but no 'hallelujah' shout
The Bahamian construction industry is more robust than 2017 first quarter figures suggest, although a leading contractor conceded: “Let’s not shout ‘hallelujah’ yet.”Leonard Sands, the Bahamian Contractors Association’s (BCA) president, told Tribune
Twenty-year tax break for all GBPA licensees
Senior Grand Bahama Port Authority (GBPA) executives and the Attorney General have jointly pledged to work together for the benefit of Freeport’s 3,500 licensees.Sarah St George, its vice-chairman (centre), and GBPA president, Ian Rolle (second right
ART OF GRAPHIX: Learning the science behind your designs
Design is a broad term with many definitions, and a science behind it. There are psychologies and strategic principles that designers follow to ensure a comfortable yet engaging transformation. In its most basic form, graphic design is about solving
Union chief demands work permit freeze over Govt austerity
The Bahamas Electrical Workers Union’s (BEWU) president yesterday urged the Government to consider a freeze on work permits as it rolls out its austerity measures, telling this newspaper: “You can’t put Bahamians out to pasture”.Paul Maynard told Tri
BTC expands GB franchise locations
The Bahamas Telecommunications Company (BTC) yesterday said it has expanded Bahamian ownership via the continued outsourcing of its retail stores, adding three more in Grand Bahama.BTC’s latest franchise locations opened in Jones Town, Eight Mile Roc
Domino's selects GB manager as Americas lead
Domino’s International has named the RND Freeport manager, Gary Guillaume, as its 2016 regional store manager of the year for the Americas.The Grand Bahama native heads a team of 12 at the branch, and is the first manager from the Bahamas to receive
IDB: Bahamas 'poses very unique challenge'
A multilateral lender says the Bahamas “poses a unique challenge” for it, with surface-level wealth “masking significant income inequality” where almost half of those living in poverty are the ‘working poor’.The Inter-American Development Bank, in a
Residency 'uncertainty' turns developer off new projects
A Bahamian developer yesterday warned Immigration-related “uncertainty” is threatening to deter him from initiating further multi-million dollar projects once his current crop is completed.Jason Kinsale, the developer behind properties such as Balmor
EX-FNM chair blasts 'nonchalance' towards minority shareholders
A former FNM chairman yesterday blasted the “nonchalant” attitude of many public companies to respecting minority shareholder rights, especially the timely disclosure of material information.Darron Cash, also an ex-senator, told Tribune Business ther
$215m deficit spend in final two months
More than $215 million worth of deficit spending had to be incurred during the final two months of the 2016-2017 fiscal year to hit the Minnis administration’s $500 million projection.Central Bank data, published yesterday, showed that the fiscal def
Banks approve fewer than 50% of mortgages
Less than 50 per cent of mortgage applications were approved during the 2017 first quarter, highlighting the Bahamas’ ongoing housing crisis and borrower difficulties in qualifying for credit.The Central Bank’s research department, in a presentation
Scotia mortgage seminar attracts strong interest
Scotiabank’s Thompson Boulevard branch attracted a full audience on July 26 for the first of two mortgage seminars.Attendees were provided with information from real estate, law, appraisal and land surveying professionals, who answered their question
Culinary team in visit to Governor-General
Executives from the Bahamas Hotel and Tourism Association (BHTA) joined National Culinary Team representatives and the team’s sponsors to pay a courtesy call on Governor-General, Dame Marguerite Pindling.The gathering was in honour of the National Cu
Albany: No one's invested more equity in Bahamas
The $1.5 billion Albany project’s managing partner yesterday said no developer had invested more equity capital in the Bahamas, as he urged the Government to address key issues left by its predecessor.Christopher Anand called on the Minnis administra
Breezes chief: Baha Mar price fears 'a distraction'
SuperClubs Breezes’ owner yesterday branded concerns over Baha Mar’s rate discounting as “a distraction”, warning: “We’ll all go hungry if we don’t expand airlift.”John Issa told Tribune Business that the Nassau/Paradise Island resort industry “can’t
