Local Business

Subscribe

Bran: General Orders aiding wrongdoing

The Democratic National Alliance’s (DNA) leader yesterday called for urgent reform of the regulations governing the public service, arguing that they currently “facilitate” corruption such as that exposed at the Department of Social Services.

Bahamas broker owner negotiates settlement, plea over $17m ‘fraud’

The owner of a Bahamas-based brokerage has reached “a settlement in principle” with US federal regulators over allegations that he played a key role in a $17 million financial fraud.

Union: ‘We’ll meet new BTC owner at airport’

Union representatives yesterday said they plan “to meet Liberty Global at the airport and see what baggage they’re carrying”, with the company’s acquisition of the Bahamas Telecommunications Company’s (BTC) majority owner set to close on May 13.

Baha Mar contractor suffers dispute reverse

Baha Mar’s main contractor has lost its bid to stay a court action brought by a US-based demolition company, which is seeking to collect an outstanding $754,704 balance for work on the $3.5 billion project.

IAN FERGUSON: Competition must co-exist with teamwork

The intent behind personal branding is encouraging employees to distinguish themselves from their peers. It compels them to assess their workplace strengths, leverage them to stand out and, ultimately, to advance in the workplace. This healthy competition creates the ideal environment for productivity and efficiency to thrive.

Aviation registers over 150 drones

More than 150 drones have been registered with the Department of Civil Aviation to-date, the head of Flight Standards told Tribune Business yesterday.

Road Traffic reforms to House this year

A Cabinet Minister yesterday said  she expects to table legislation to reform the Bahamas’ antiquated Road Traffic Act in Parliament this year, with changes focusing on vehicle inspection, licensing criteria and offences.

Chamber chair: ‘Cut out corruption cancer’

The Bahamas was yesterday urged to “cut out the cancer” of corruption, the Chamber of Commerce’s chairman describing this nation’s persistent failure to tackle the problem as “the real tragedy”.

Receivers confident Baha Mar buyer ‘in place’ by end-2016

Baha Mar’s receivers yesterday expressed optimism that a new owner for the $3.5 billion project will be “in place” before year-end 2016, with all bids due to be submitted by May 7.

Civil service union’s trade dispute warning

The Bahamas Public Service Union’s (BPSU) president yesterday warned he is preparing to file a trade dispute against the Government over “across the board” complaints that civil servants are not being paid their correct salaries.

RoyalStar ‘won’t chase rainbows’

RoyalStar Assurance “won’t be chasing the rainbow” for new business in 2016, with pricing pressures and other market uncertainties driving it to forecast a flat year-over-year performance.

Bahamasair targets more loss reduction

BAHAMASAIR’S new non-stop air service between Grand Bahama and Orlando was yesterday said to be part of a strategy to reduce the airline’s losses and burden on the taxpayer.

ART OF GRAPHIX: Designing your true career path

Are you naturally creative? Do you have a knack for thinking outside the box? Do your friends often come to you for tips on colour palettes or accessorising outfits?

Bahamas urged: Change ‘sun, sand, sea’ thinking

A well-known architect said yesterday that the Bahamas had to go beyond viewing its ‘sand, sun and sea’ as just a tourism marketing tool, arguing that they were “fundamental tools” for national development and sustainability.

Bahamas must fix ‘State of the Nation’

An architect said yesterday that while the National Development Plan’s (NDP) ‘State of the Nation’ report has outlined the Bahamas’ current condition, the “great opportunity” lies in fixing the issues it identifies.