Venetian West developer investment reaches $17m
The Venetian West developer has invested some $17 million in the western New Providence gated community to-date, with about 100 units in the development’s first phase having been reserved thus far.
Baha Mar lay-offs at 'absolute worst time'
Hotel union executives say Baha Mar’s decision’s to lay-off 190 workers on Friday came at the “absolute worst time”, and have called on the Government to intervene.
BICA unveils events for Accountants Week
The Bahamas Institute of Chartered Accountants (BICA) is holding its annual Accountants Week this week, with seminars from Tuesday through Friday at The Melia Nassau Beach Hotel.
PharmaChem deal gives Chamber chief 'optimism'
The Grand Bahama Chamber of Commerce’s newly-elected president hasexpressed “cautious optimism” for Grand Bahama’s economy, following the recently-completed acquisition of PharmaChem Technologies (Grand Bahama’s) net assets.
$13.1m savings from procurement reforms
By NEIL HARTNELL
$1.9bn deal boost for BTC TV plans
The Bahamas Telecommunications Company’s (BTC) TV launch plans were yesterday boosted by a $1.9 billion “game changer” that will likely increase its ability to compete head-on with Cable Bahamas for market dominance.
Wendy's targeting further expansion
Wendy’s (Bahamas) yesterday said it was aiming to add another restaurant location in 2015, as it expands the franchise even further.
'Comprehensive list' of all outstanding VAT issues sought
The Coalition for Responsible Taxation’s co-chairman yesterday urged that a “comprehensive list” of all outstanding Value-Added Tax (VAT) issues be drawn up, with matters involving ‘inclusive’ pricing, loan origination fees and homeowners associations all still unresolved.
BTC left 'flat' by price/cost cutting
The Bahamas Telecommunications Company’s (BTC) controlling shareholder yesterday blamed its “flat” first-half financial performance on preparations for cellular competition, with net income matching last year’s $37 million.
FDI can't be 'sole economic driver'
The Bahamas needs to “start paddling forward” to achieve a higher credit rating, a leading private sector executive yesterday arguing that foreign direct investment (FDI) could not be the economy’s “sole driver”.
IAN FERGUSON: What employers really want from you workers
In 2000, Mel Gibson starred in the famed chick flick, ‘What Women Want’. He played a chauvinis male executive who, after a freak accident, gains the ability to hear what women are really thinking. This telepathic understanding allowed him to SCORE lots of romantic points and ultimately changed his life for the better.
US crime warning 'could not have been worse timed'
The private sector remains “very concerned” over crime, a senior executive telling this newspaper that the recent US warning “couldn’t have come at a worse time”.
Next year a 'tipping point' for Bahamas
BY NATARIO McKENZIE
Bahamas targets 100k visitors from Europe
Tourism officials are anticipating an increase in airlift to the Bahamas from Europe following promising discussions with travel partners at the World Travel Market (WTM) forum in London.
Hilton controversy shows Bahamas as 'banana republic'
A leading businessman yesterday warned that the controversy surrounding China’s purchase of the British Colonial Hilton gave the impression the Bahamas was ‘a banana republic”.
