BNT eyeing 'rough' Q4 over funding concerns
THE Bahamas National Trust (BNT) is refining its fund raising strategy its executive director said yesterday, telling Tribune Business that the third quarter of the year is “going to be rough” unless it is able to obtain significant funding.
Canadian couple sought over alleged $7m fraud
A Canadian couple accused of defrauding and misappropriating $7m belonging to investors through various Canadian and Bahamian shell companies are believed to be hiding out in the Bahamas and central America.
Sky Bahamas enjoys summer with 85% load on relaunched route
SKY Bahamas said yesterday that it was seeing 80 to 85 per cent load factors on its recently re-launched Freeport-Fort Lauderdale route, highlighting what its chief executive described as a “very good summer” for the Bahamian-owned airline.
Gray praises common purpose of co-operative regulators conference
REGULATORS for ten Caribbean countries took part in the Caribbean Association of Regulators of Co-operatives (CASROC) two-day conference at Superclub Breezes, under the theme “Emerging Risks and Effective Supervision of the Co-operative Sector in the Caribbean – Revitalization of CASROC to meet new challenges and entrepreneurship”.
Lime urges greater broadband penetration in the Caribbean
THE telecommunications provider that first connected the Caribbean to the rest of the world, LIME, has called on regional government ministers and fellow providers to push for greater broadband penetration in the region. That would allow Caribbean nationals and businesses to participate in the consumption, creation and commercialisation of mobile applications and digital content capitalising on the benefits of the thriving global technology industry.
Festival Place transforms to attract trade
THE change of scenery has been good for vendors at Festival Place as more tourists seem to be interested in doing impulse buying, according to Director of Maritime Tourism Janet Johnson.
Jet setters on flight path to careers at Baha Mar
More than 100 recent college and high school graduates are on their way to careers at Baha Mar, having completed Baha Mar’s Jet Setter Summer Programme. All 102 participants have been identified for positions among the luxury hotel brands at the Cable Beach mega-resort.
Demand for solar solutions 'never been greater'
The demand for solar energy solutions in The Bahamas “has never been greater” in light of “stability” concerns over the Bahamas Electricity Corporation’s (BEC) grid a renewable energy solutions provider said yesterday, telling Tribune Business that this nation was effectively “underpowered”.
Cable Bahamas hopes to leverage REVOICE success into cellular triumph
Cable Bahamas executives said yesterday that they hope to leverage the success of the company’s land-line offering and multi-million network investment to become the first quadruple play provider in the Bahamas, telling Tribune Business that it was “uniquely positioned” to offer cellular services in this nation.
Auto dealer: Vehicle tilting system 'long overdue'
The introduction of a vehicle titling system in The Bahamas is “long overdue”, a leading auto dealer said yesterday, noting that the auto industry has been lobbying for such a system for “quite some time”.
Road Traffic Act revisions expected by summer's end
A final draft of revisions to “revolutionise” the country’s Road Traffic Act have been completed according to controller Ross Smith, telling Tribune Business that the final proposal should ready by summer’s end.
ART OF GRAPHIX: Creative people are great thinkers
Has this ever happened to you…You’re driving down the street, completely relaxed, not thinking about any particular thing, then suddenly the solution to a problem you’ve been working on for weeks pops into your head?
Road Traffic eying 'radical change' with automated services
The automation of key services at the Road Traffic Department is one of the major undertakings set to “radically change” the department over the next few years, its controller confirming to Tribune Business that the long-lobbied ‘vehicle titling system’ would be a part of that new system.
Consolidated Water: Q2 bulk water revenue decline attributable to WSC water loss reduction programme
BISX-listed Consolidated Water has reported that its bulk water revenues declined to approximately $10 million in the second quarter of 2014, executive attributing this to a decrease in the volume of water sold by the Company’s Bahamas operations to the Water and Sewerage Corporation (WSC).
IAAF World Relays economic impact 'three times' initial investment
Minister of Youth Sports & Culture Dr Daniel Johnson said yesterday that the economic impact of the inaugural International Association of Athletic Federations (IAAF) World Relays held in New Providence back in May generated “three times” the $10 million invested by the government to host the event.
