Domestic arbitration to launch by fall '14
The Bahamian private sector is hoping to launch its domestic arbitration centre by the end of the Summer early Fall, Tribune Business has been told.
Consumer reviewer in 'ramp up' plan
A newly-launched consumer information services company says it may have to “ramp up” its business review output due to an overwhelming response to its first publication, as it bids to drive greater customer service and product quality.
Fund's $1.6m profit return holds lesson
RoyalFidelity Merchant Bank & Trust’s matured investment fund has delivered more than $1.6 million in collective profits to Bahamian investors , proving that opportunities exist in rock-bottom markets.
Firm 'past frustrated' over police report wait
A dry cleaning chain chief has described increasing crime levels as “very discouraging and disheartening” , given that there is a “direct correlation” with the high cost of doing business in the Bahamas.
Royal Bank is named world retail leader
Royal Bank of Canada (RBC) has won the Global Retail Bank of the Year honour in Retail Banker International’s (RBI) yearly awards competition.
QC: Sell-off tax defaulters' real estate
A well-known QC has called for legal reforms that would allow bailiffs to seize and sell-off real estate owned by property tax defaulters, otherwise evasion will remain “a nut we can’t crack”.
ART OF GRAPHIX: Trust instinct on art purchases
Buying art seems a prodigious task to most of us. Especially when there are tens of thousands of artists promoting their work, and shifting trends that make it difficult to know whether a piece you purchase today will pay for your retirement tomorrow, or be worth less than the canvas it was painted on.
'Pluck ripe Freeport' for economic growth
Freeport’s ability to absorb another 100,000 people “without the Government having to spend a nickel” means the Bahamas should focus its economic growth efforts on the second city.
Many entrepreneurs seek 'exit strategies'
Many entrepreneurs are planning “exit strategies” due to the high cost of doing business in the Bahamas, one owner telling Tribune Business: “You just don’t want to do business in the country any more”.
Cable demands criminal probe on Rubis gas leak
Cable Bahamas has urged the Government to launch a criminal investigation into the gas leak that has caused up to $15 million in alleged damages to its business, demanding that it “hold Rubis accountable”.
Roberts: Web shop woes to force National Lottery
A leading businessman believes the Government will be forced to establish a National Lottery because it will find it impossible to legalise web shop gaming.
BAMSI partners with University of Miami
The Bahamas Agriculture and Marine Science Institute Ltd (BAMSI) has partnered with the University of Miami’s Rosenstiel School of Marine and Atmospheric Science (UM/RSMAS) on education, research, and training.
Cable seeking $15m over Rubis gas leak
Cable Bahamas is suing Rubis and the operator of its Robinson Road gas station for up to $15 million in damages, alleging that their “negligence” resulted in its property being contaminated by a 20,000-30,000 gallon-strong gasoline leak.
BEC ‘conflict’ over bidder’s outage hiring
Trade unions and politicians yesterday described as “real weird” the decision to have one of the Bahamas Electricity Corporation (BEC) bidders determine the cause of last week’s island-wide blackout, with some screaming it was a “blatant conflict”.
Manufacturer denies ‘untoward’ behaviour on cigarette stamps
A Bahamian cigarette manufacturer yesterday denied it had done anything “untoward” over its alleged failure to place Excise Stamps on its product, adding it had been led to believe it be exempt from the tax on domestic sales.
