Angel investors yet to reach Bahamas
None of the Caribbean’s seven newly-formed ‘angel investor’ groups are based in the Bahamas, despite efforts to boost this source of entrepreneur financing throughout the region.The Caribbean Export Development Agency (CEDA) co-hosted the inaugural C
NAD to build on strong performance indicators
The Nassau Airport Development Company (NAD) aims to build on its improved 2017 first quarter performance in the New Airport Service Quality (ASQ) survey.Cleanliness of airport terminals topped the list of high scores for the Lynden Pindling Internat
IAN FERGUSON: Don't succumb to pain caused by colleagues
Everyone in the workforce has been burned, or experienced some hurt, pain and loss, at the hands - and sometimes ill-intent - of another. People hurt us, sometimes tell untruths about us, often misjudge us and, in a few cases, they maliciously slande
BTC set to expand store 'touch points'
The Bahamas Telecommunications Company (BTC) is still aiming to increase its “touch-points” across the Bahamas despite expanding to 34 franchise locations.Leon Williams, its chief executive, said yesterday that the company’s continuing franchise roll
Pelican Bay plans $1m in upgrades
Grand Bahama’s Pelican Bay resort last week celebrated its 12th anniversary, after being the only hotel to stay open following Hurricane Matthew.The 184-room hotel suffered significant damage from the Category Four storm, but this did not dampen the
University’s $18.3m bond ‘fully taken’ from first day
The University of the Bahamas’ (UOB) advisers yesterday predicted its $18.3 million bond issue will be fully subscribed on the first day, with Monday’s launch only awaiting the Minister of Finance’s sign-off.
Freeport tax regime repeal must pressure ‘the two free riders’
A former Grand Bahama Port Authority (GBPA) attorney yesterday expressed hope that the promised repeal of Freeport’s new investment regime will pressure “the two free riders” whose impact on Bahamians is “five times’ greater” than Baha Mar’s.
‘Put to bed’ Freeport’s regulatory uncertainty
The long-running uncertainty over who has regulatory responsibility in Freeport “needs to be put to bed once and for all”, the Chamber of Commerce’s chairman urged yesterday.
Gov’t narrows inner city taxation breaks
The Government yesterday appeared to narrow its planned VAT and inner-city ‘tax breaks’, while seeking to deliver on campaign promises of accountability, transparency and good governance.
‘Huge confidence boost’ if all GBPA licensees get 20-year tax break
Freeport will enjoy “a huge boost to business confidence” if the Government delivers a 20-year ‘tax break’ renewal for all, the Grand Bahama Chamber of Commerce’s president said yesterday.
Gov't 'entering real world of governance'
The Opposition’s leader yesterday said the Minnis administration must now “enter the real world of governance”, describing the ‘Speech from the Throne’ as an admission of the foundation laid by the former government. Speaking at a press conference in
Opposition warns on repealing Freeport's investment regime
The Opposition yesterday warned the Government against “repealing and replacing” Freeport’s investment incentive regime, the former Grand Bahama minister branding it “transformative”.Senator Dr Michael Darville told Tribune Business: “The Opposition
Taxi cab president urges: 'Clean up' current system
The Bahamas Taxicab Union’s (BTU) president yesterday urged the Government to “clean up” the existing list of franchise holders, suggesting there could be more than 200 New Providence-registered plates not used for 15 years or more.The Minnis adminis
Tourism told Exuma: ‘Make Fyre happen’
Exuma’s business and local government executives were urged by Ministry of Tourism officials “to work together” and ensure the ill-fated Fyre Festival’s success just one month before its collapse, Tribune Business was told yesterday.
Matthew blows Summit off ‘five-year peak’ track
A Bahamian insurer yesterday said it was “on track to have our best year for five years” until Hurricane Matthew intervened, dropping total comprehensive income by 61.7 per cent year-over-year.
