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GBPA licensees offerede-commerce seminar

Grand Bahama Port Authority (GBPA) executives are encouraging licensees to embrace global best practices at its upcoming ‘Business Innovation and E-Commerce Boot Camp’, scheduled for June 8 at the Grand Lucayan Resort.Ian Rolle, the GBPA’s president,

Unions 'not satisfied' with Employment Act changes

The Trades Union Congress’s (TUC) president says he is “not at all satisfied” with the Employment Act Reforms passed by the former Christie administration, with redundancy pay “a major issue for us”.Obie Ferguson told Tribune Business: “I don’t think

Fyre Festival organisers wanted free Crown Land

The former minister of investments yesterday revealed he swiftly rejected the Fyre Festival’s organisers when they asked for free Crown Land in the Exumas.Khaalis Rolle told Tribune Business that the ill-fated festival’s promoters approached his mini

Blackbeard's Cay meet halt after activist threat

The public meeting on the Blackbeard’s Cay project’s Site Plan application was indefinitely postponed yesterday, after environmental activists threatened to launch ‘contempt’ and Judicial Review proceedings against the Government.Attorneys for reEart

BTC's $8m network to boost GB service

The Bahamas Telecommunications Company (BTC) yesterday said an $8 million fibre network investment will enable it to launch its FlowTV product on Grand Bahama within the next two weeks. Leon Williams, its chief executive, told Tribune Business that t

Gov't urged: 'Come clean'on country's fiscal position

The new Government was yesterday urged to “come clean” over the Bahamas’ true fiscal position, amid calls for it to slash recurrent spending by 5-10 per cent in the upcoming Budget.Rick Lowe, an executive with the Nassau Institute think-tank, told Tr

Gov't to ensure minority investors make BOB Board

The Government yesterday pledged to ensure minority investors are represented on Bank of the Bahamas’ Board, as it urgently explores options for a multi-million dollar recapitalisation of the troubled institution.K P Turnquest, the Minister of Financ

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.