Memories early opening gamble 'now paying off'
A senior tourism official yesterday said Grand Bahama’s Memories resort is forecasting an 80 per cent average annual occupancy rate, arguing that the gamble to open the property before it was 100 per cent complete was paying off.
Doctors 'standing poised' over stem cell application
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.
Chamber presents VAT Report to minister
Grand Bahama Chamber of Commerce executives yesterday met with the minister for Grand Bahama, Dr Michael Darville, to present him with a copy of its ‘VAT Observations and Recommendations’ report.
LPIA region's most improved airport
Lynden Pindling International Airport (LPIA) has been recognised as the most improved airport in the Latin American and Caribbean region.
BISX market continues its slow recovery
THE Bahamas International Stock Exchange (BISX) yesterday reported a 9.06 per cent increase year-to-date in its All Share Index for the 12-month period ending December 31, 2013. In its January to December 2013 statistical report, BISX said the All-Share Index closed at 1,468.22, which represented a year to date increase of 121.96 or 9.06 per cent.
Don't bucket consumers with marketing dollars
By Scott Farrington
Dupuch Real Estate names top performer
ERA Dupuch Real Estate has named Carla Sweeting as its agent of the year, after she enjoyed the best year of her 13-year career in becoming its top performer for 2013.
Content marketer pledges to cut ad budgets 'in half'
A BAHAMIAN content marketing start-up is offering small businesses the opportunity to increase their exposure and maximise advertising dollars, its founder telling Tribune Business yesterday that their platform could cut marketing costs “in half”.
$8.2m February Point in 'debt free' close
The long-awaited sale of Exuma’s February Point development finally completed on Friday afternoon, Tribune Business can reveal, with its leading investor partnering with 10 existing homeowners in a “debt free purchase”.
Albany in JV bid to acquire South Ocean
Albany’s developers are partners in a joint venture bid to acquire the neighbouring South Ocean resort property, Tribune Business can reveal.
Online mall attracts 600 clients 'in days'
AN online shopping mall has attracted “well over 600 registrants” just days into its official launch, telling Tribune Business its business model provided a platform for regional distributors to showcase their products.
'Double whammy' from business Licence changes
Companies that do not have December 31 financial year-ends are set to face a cash flow ‘double whammy’ from the Government’s proposed Business Licence fee reforms, a well-known accountant told Tribune Business.
Gov'ts July 1 VAT goal 'just not on'
A senior Grand Bahama Chamber of Commerce executive has warned that the target Value-Added Tax (VAT) implementation deadline is “just not on”, while its introduction will increase employment in a”fragile economy”.
Central Bank boosts $63.5m dormant regime
The Central Bank believes planned legislative amendments will enhance the “transparency and effectiveness” with which it and Bahamas-based institutions administer $63.5 million worth of dormant accounts.
Minister wants stem cell clinic at PMH
FREEPORT – The Minister of Health wants a stem cell clinic established at the Princess Margaret Hospital, so that poor Bahamians can have access to such treatments.
