Bahamas can be arbitration hub 'within 5 years'
The Bahamas has the potential to establish itself as a leading arbitration hub within three-five years, an international executive said yesterday, ahead of a conference that will discuss creating a Bahamian international commercial court for the Americas.
Shipyard assists 30th anniversary celebration
Grand Bahama Shipyard helped Cruise Shipping Miami celebrate its 30th convention anniversary by hosting a reception for participating clients, Bahamian style.
Investors get approval for 'first-of-a-kind' oil conversion plant
A publicly-traded UK company has increased its equity stake in a proposed Grand Bahama-based oil recovery plant to almost 36 per cent, with the latter believing changes to its development plan will be “commercially beneficial”.
Banding together to be a Mastermind
I met Pete Mitchell in a lounge that had been set up for networking during a marketing seminar in Chicago. We chatted for a while on our businesses, and the most effective tools we were using.
Office development set to create 200 building jobs
A newly-launched western New Providence office development has generated an “impressive” level of interest in the past two days, its broker yesterday revealing it should break ground later this year and create roughly 200 construction job.
Brewery volumes down 2% on 'Major' smuggling rise
Commonwealth Brewery yesterday attributed its almost-2 per cent sales volume decline in 2013 to a “significant increase” in beer and spirits smuggling, its chief executive warning that this was “bad” for both company and the Government.
Bank: 'worst' over in 2014 despite $4.2m loss
Bank of the Bahamas International yesterday expressed confidence that “the worst” of its net losses and bad loan provisions will be behind it after 2014, following a quarter in which shareholders incurred a further $4.172 million in ‘red ink’.
Gov't 'nullifies' approvals for $45m project
A proposed $45 million Cable Beach real estate development may have some unexpected roadblocks to overcome, after senior government officials yesterday told Tribune Business its ‘approval in principle’ had been “nullified”.
Bank consolidation for former John S George HQ
Bank of the Bahamas International is exploring the consolidation of key back office functions at the former John S George head office in Palmdale, its managing director told Tribune Business yesterday.
Bahamian expats in rum 'ramp up'
Two Hong-Kong based Bahamian entrepreneurs are seeking to “ramp up” their rum distribution business within the next six months, as they aim to capitalise on Asia’s growing interest in premium and fine spirits.
Bahamas aims to complete FATCA by next week
The Bahamas is aiming to finalise its Foreign Account Tax Compliance Act (FATCA) inter-governmental agreement (IGA) with the US next week, a Cabinet minister said yesterday.
Law firm gains top rankings
Chambers and Partners, the London-based legal services referral and ranking service, has given Graham Thompson & Company, a top ranking with a ‘BAND 1’ designation for its Bahamian and recently-opened Turks and Caicos Islands office.
Tax reform clouded by critical missteps
For several months now, I have deliberately excluded myself from the ongoing discussions over the pending implementation of a Value-Added Tax (VAT) regime. Several years ago I wrote a four-part series on taxation options for the Bahamas, in which my conclusion was that:
Sales training will never end
It costs money to provide your people with professional training. The better the training, the more money it costs. The bigger and more important the outcomes, the more you are likely to spend.
Bahamas enjoying 15% funds growth
THE Bahamas saw a 15 per cent year-over-year increase in funds registered and domiciled in this nation in 2013, the Financial Services Minister said yesterday.
