July 3 for 'BTC 2%' agreement's closure
The Government and Cable & Wireless Communications (CWC) are hoping to conclude their ‘2 per cent’ deal over the Bahamas Telecommunications Company (BTC) by July 3, Tribune Business can reveal.
Realtors rail against Royal Bank 'pressure'
Realtors yesterday questioned why Royal Bank of Canada (RBC) was putting them under “so much pressure” to sign a controversial appraisal services management agreement, fearing it was adopting “divide and conquer” tactics.
Bank's AGM delayed by Gov't directors
Bank of the Bahamas is still unable to hold its annual general meeting (AGM) for the 2013 financial year because the Government has yet to supply it with the Board of Directors appointments, Tribune Business was told yesterday.
Commission 'beefs up' cap markets regulation
The Securities Commission yesterday said a three-pronged reform package would “beef up” its capital markets enforcement capacity, enabling it to deal with civil law breaches more efficiently and quickly.
Hotels enjoy 4% pt rise in occupancies, revenue
BAHAMIAN hotels are enjoying an average four percentage point occupancy increase to 60 per cent, the Minister of Tourism revealed yesterday, adding that room revenue was up by the same amount.
'Thank you' best way of internal marketing
A friend of mine, who shall remain nameless, absolutely hates working for the bank. She complains constantly about everything - the bosses, the clients, the hours, you name it. But she works, and works really hard.
Gov't and CWC 'cannot both be right' on BTC
Free National Movement (FNM) chairman Darron Cash yesterday charged that the Government and Cable and Wireless Communication (CWC) “cannot both be right” regarding claims to the majority control of the Bahamas Telecommunications Company (BTC).
Miller’s BEC debts ‘don’t look good’
A leading businessman yesterday said the almost-$240,000 debt owed to the Bahamas Electricity Corporation (BEC) by executive chairman, Leslie Miller, “doesn’t look good” and raises questions over whether he should stay in the post.
CWC still claims 51% BTC ownership
Cable & Wireless Communications (CWC) is still claiming 51 per cent majority control of the Bahamas Telecommunications Company (BTC), raising fresh questions over the Government’s assertion to have regained majority ownership for the Bahamian people.
'Terrified' for Bimini Marine protected area
Bahamians “should be terrified at the prospect” of the Government allowing Bimini’s developers to build on prime marine habitats, a well-known QC warned yesterday.
BORCO to deliver full year returns in 2014
The Bahamas Oil Refining Company (BORCO) is expected to generate “full-year run rate cash flows” in 2014, after its owner invested $380 million over three years to expand storage capacity by 20 per cent.
Cable scores 900 sport subscribers with World Cup
Cable Bahamas has added an estimated 800-900 subscribers to its sports package since the soccer World Cup started, with a senior executive confirming it was still trying to “clear up” transmission quality issues with the master Caribbean rights holder.
Court confirms 2,086 acres for Wilson's Eleuthera development
A Supreme Court judge has granted Franklyn Wilson’s Eleuthera Properties a Certificate of Title to 2,086 acres on the island, branding five rival claims to the land as “not credible”.
Chamber chair: Brain drain 'very concerning'
A leading private sector executive said yesterday it was “very concerning” that the Bahamas was losing two-thirds of its “brightest and best” to developed countries, with a major employer adding that it had done “more than our share” to provide opportunities for persons studying abroad.
Businesses back Culinary team
Numerous Bahamian businesses are supporting the National Culinary Team in a bid to ensure Bahamian chefs have the chance to compete in the elite ‘Taste of the Caribbean’ Culinary, Cocktail and Ice Sculpting Competition held in Miami each year.
