$45m PHA bond: investor confirmations this week
Investors in the Public Hospitals Authority’s (PHA) $45 million bond issue will this week finally receive their subscription confirmations, Tribune Business can reveal, after “sloppy” errors in the offering document were corrected.
Bio-bank plans $3.5m Bahamian investment
A US-based company is planning to invest $3.5 million in setting-up a regional bio-bank centre in the Bahamas, with the inaugural laboratory set to employ between 12-14 people. Dr James A Manganello, chairman of Boston-based Provia Lab, an operation that offers dental stem cell banking services in the US and other countries, confirmed it was in the process of establishing Provia Laboratories Bahamas.
Strike block would leave Sandals union 'toothless bulldog'
The union representing Sandals Royal Bahamian’s line staff would have been “converted into a toothless bulldog” had an injunction preventing it from taking strike action been allowed to persist, the Supreme Court has found.
Entrepreneur claims virtual money first
A Bahamian entrepreneur yesterday said his online directory had become the first business in this nation to accept payment by Bitcoin, the virtual money form he believes will eventually “rule the world.”
Italian envoy meets Port
The first official visit to the Bahamas and Grand Bahama by an Italian ambassador saw Claudio Bisogniero pay a courtesy call on executives at the Grand Bahama Port Authority (GBPA).
Stem cell research's 'mind boggling' benefit
FREEPORT – A properly administered and monitored stem cell research and therapy industry could prove to be a win-win for the Bahamas, a well-known clergyman believes.
Freeport gets medical manufacturing interest
FREEPORT – Freeport is beginning to attract increased interest as a location for stem cell research and medical device manufacturing, the Grand Bahama Port Authority’s (GBPA) president believes.
Registrar General upgrades progress
ATTORNEY General Allyson Maynard-Gibson said yesterday that significant upgrades to key services within the Registrar General’s Department were progressing to bring it into the “21st century”, noting that company incorporations should be available online by year’s end.
Sandals strengthens Exuma school ties
The bond between Sandals Emerald Bay and L.N. Coakley Secondary School became a little stronger after resort staff offered hospitality training to 12th graders.
Union chief's 'public plea' for Sandals negotiations
A leading labour attorney yesterday made “a public plea” for Sandals Royal Bahamian to negotiate an industrial agreement, saying there were “no ifs, ands and buts” about the workers’ desire for trade union representation.
Go 'psycho' with your customers
There is a term in marketing called psychographics. Psychographics is the study of personality, values, attitudes, interests and lifestyles, according to consultancy firm Booz Allen. This is useful information for people who are trying to market. One application is finding out not only what people buy, but where and when they buy.
Foreign vessels sucking $100k weekly from Bimini
Foreign dive boats operating illegally in the Bahamas are sucking $100,000 per week out of Bimini’s economy, a world-renowned dive guru yesterday saying he was “amazed” at the Government’s failure to protect local jobs and millions in potential earnings.
VAT economists get early May target
The Tax Coalition’s newly-hired economists will start work this week, with one of its co-chairs yesterday suggesting it would be impossible for the Government to implement Value-Added Tax (VAT) in the face of widespread private sector opposition.
Construction chief hopes 'darkest hour of night has passed'
DOCTORS Hospital is “standing poised” to submit its application to begin stem cell therapy once the Government has finalised the regulations, its president yesterday telling Tribune Business it has an “open mind” on the range of treatments it plans to offer.
Gov't to limit stem cell participants
FREEPORT – The Public Hospitals Authority’s (PHA) medical advisor says the Government will limit the number of parties conducting stem cell research and therapy work in the Bahamas.
