Trust completes model for sustainable tourism
The Bahamas National Trust (BNT) has completed a three-year pilot project on ‘Tourism and Coral Reef Health’ in the Exuma Cays Land and Sea Park, aided by funding from the Global Environment Facility (GEF).
$3m 'show home' to kickstart major Long Island project
Stella Maris Village yesterday began construction on a $3 million model show home, the first step in realising its principals’ long-planned Port St George project in north Long Island.
Bimini resort enjoys 32% business spike
BUSINESS at the Bimini Big Game Club Resort & Marina is up 32 per cent year-to-date, its general manager yesterday telling Tribune Business that April and May were “picking up very nicely”.
Marketing covers a full life cycle
Readers of my column will know I am a big fan of lead generation marketing. I first learned this from marketing gurus Dan Kennedy and Bill Glazer. And I have proven its effectiveness time after time in my professional experience, as well as with my own company. One of Dan’s companies calls it: ‘Life Cycle Marketing’, as they aim to keep a client for life. They have developed the concept into seven parts.
Port partners over small firm training
The Grand Bahama Port Authority (GBPA) is again partnering with the Caribbean Export Development Agency (CEDA) to provide business management training for small and medium-sized enterprises (SMEs )on Grand Bahama.
Ex-finance minister: Make VAT 'no more' than 7.5%
The proposed Value-Added Tax (VAT) rate should be “no more” than 7.5 per cent, a former finance minister argued yesterday, telling Tribune Business it would be “impossible” to properly implement the new tax by the July 1 target date.
Coalition chief: VAT not 'one trick pony'
The Government was yesterday urged to stop focusing on Value-Added Tax (VAT) as a “one trick pony” to fix all its fiscal woes, a Tax Coalition co-chair warning it could not keep coming back to law-abiding taxpayers for more due to its enforcement failures.
Controversial taxes to raise extra $68.5m
The Government is aiming to raise a collective $68.5 million in extra revenue this fiscal year from some of its more controversial Budget increases, amid suggestions yesterday that global banking reforms had contributed to the external reserves slippage.
CIBC in $12.2m downsizing hit
CIBC FirstCaribbean International Bank (Bahamas) has taken a $12.2 million one-time hit over the restructuring plan that will ultimately make 66 staff redundant, with some $5.953 million allocated to severance pay alone.
URCA moves to end Cable's fixed-line advantage over BTC
Regulators are proposing to place the Bahamas Telecommunications Company (BTC) on a ‘level playing field’ with its main rivals on fixed-line call termination charges over a 90-day period, “promptly removing” a long-standing complaint of the incumbent carrier.
Colina reveals 21% profit rise
COLINA Holdings (Bahamas) Limited enjoyed a 21.4 per cent year-over-year increase in net income, and a $22.3 million asset base growth 2013.
Eleuthera resort to hit $10-$12m spend in 2014
THE developers behind Eleuthera’s French Leave resort yesterday said they hope to start construction on another four hotel cottages this May, estimating that investment in the project will hit $10-$12 million by year’s end.
Bahamas works on airlift capacity
The Ministry of Tourism and its partners sought to improve airlift to the Bahamas as they met with airline representatives over two full days of meetings at the Routes Americas conference in El Salvador.
PM meets water loss provider's parent
Prime Minister Perry Christie and Deputy Prime Minister Philip Davis have met with businesswoman and philanthropist, Shari Arison, owner of the Arison Group.
Bahamas moving on airlift need
A Ministry of Tourism official said yesterday that the Bahamas was having great success in negotiations to generate increased airlift capacity to Nassau/Paradise Island, telling Tribune Business it was assessing the best opportunities to maximise visitors arrivals.
