Port co-owner in transparency plan for Power Company
A Grand Bahama Port Authority (GBPA) co-owner yesterday said it was proposing to make the Grand Bahama Power Company’s (GBPC) performance and efficiency reports available publicly to enhance transparency.
Keeping employees on 50% 'good side'
Many business owners and talent management professionals spend their energy ensuring human capital is fully engaged in their work assignments, and that there is limited time allotted for random corporate slackness.
BEC winners to be chosen by Mid-March
The Government will receive final recommendations on who it should select as the preferred bidder(s) for the Bahamas Electricity Corporation (BEC) by mid-March, with the he Utilities Regulation and Competition Authority (URCA) earmarked to become the energy sector’s new regulator.
Graycliff in ‘make or break’ tax talks
Graycliff was yesterday locked in ‘make or break’ talks with the Ministry of Finance, having disclosed to Tribune Business that it would stop selling its trademark cigars locally if the Government did not amend its new Excise Tax policy.
Nygard assesses closed hotel for stem cell clinic
Peter Nygard has assessed the still-closed Port Lucaya Resort and other Freeport-based sites as potential locations for a stem cell clinic, a move that has met with “100 per cent backing” from one of his biggest critics.
BEC chairman slams energy reform plan
THE BAHAMAS Electricity Corporation’s (BEC) executive chairman yesterday slammed his own government’s energy reform process, saying there was “absolutely no need” to split the monpoly provider into two .
Hutchison 'falls miserably short' on Grand Bahama
Hutchison Whampoa “has fallen miserably short” on Grand Bahama, a well-known attorney yesterday urging it to “step up to the plate” and correct the “management disasters” that have resulted in many of its investments failing.
Expiring incentives spark BORCO 'adverse cash flow' warning
Warnings that the Bahamas Oil Refining Company’s (BORCO) cash flow might be “materially affected” if Freeport’s expiring investment incentives are not renewed were yesterday said to underscore how the city risked becoming “a lame duck”.
Bahamas company targets accounts training tie-in
The Bahamas-based Nastac Group is aiming to establish a relationship with ACCA (Association of Chartered Certified Accountants) that will see it provide certification courses .
Art of Graphix: Make first website impressions count
Hell hath no fury like a customer that is annoyed by a bad website. In order to figure out what is “good”, we need to first figure out what is “bad”. Don’t give customers the opportunity to use colourful language to describe your website if it is bad.
Private sector growth strategy discussed
The Caribbean Export Development Agency (Caribbean Export) hosted a regional private sector consultation meeting at the Radisson Resort, Barbados, on February 14.
Airline unveils fourth US service into Nassau
United Airlines has announced it will offer new Saturday and Sunday non-stop service, between its Washington-Dulles International Airport hub and Nassau, from June 7 and August 17, 2014.
BEC's $125m receivables give 'serious trouble'
THE Bahamas Electricity Corporation’s (BEC) balance sheet remains in “serious trouble”, its executive chairman yesterday saying more than $125 million in accounts receivables remain outstanding.
Fishing is no longer 'last rung on ladder'
Senior fishermen believe the face of the industry is changing, telling Tribune Business that with a younger generation being attracted to the profession it is no longer being viewed as the “last rung on the ladders”.
Chamber chief urges no Feb Point 'scale back'
The Exuma Chamber of Commerce’s president yesterday expressed hope that February Point’s new owners would follow through with all their plans, arguing that the island’s capital “desperately needs to be redeveloped”.
