$150m investment targeted for BTC
CABLE & Wireless Communications (CWC) plans to invest $150 million in further building out the Bahamas Telecommunications Company’s (BTC) infrastructure over the next three years, its group chief executive said yesterday.
Mango targets 'Visa-enabled' card relaunch
TRANSFER Solutions Providers (TSP) will relaunch its Mango Card by next month as a “Visa-enabled” product, with expectations of having a “full suite” of Mango mobile-money products in the market by year’s end.
Arbitration: Bahamas 'has much going for it'
THE Bahamas has “a lot going for it” to ultimately become a major international arbitration and alternative dispute resolution centre, a leading expert in the field said yesterday.
Small exporters urged to attend grant 'shop
The Minister of Financial Services yesterday urged small and medium-sized exporters to attend today’s grant writing workshop, neing staged by the Caribbean Export Development Agency (CEDA) in collaboration with the Bahamas Chamber of Commerce and Employers Confederation (BCCEC).
Engineering firm in Caribbean expansion
A Bahamian engineering company has met with the Oklahoma City-based developer of Star Building Systems to discuss expansion throughout the Caribbean.
Port, Chamber partner over grants workshop
The Grand Bahama Port Authority (GBPA) partnered with the Grand Bahama Chamber of Commerce and Caribbean Export Development Agency (CEDA) to host another successful grant writing workshop for small and medium-sized enteprises on Grand Bahama.
Trust gets 2% of BTC in 'face saving deal'
The Bahamas Telecommunications Company’s (BTC) controlling shareholder will enable Perry Christie to claim he has regained majority ownership for the Bahamian people by handing 2 per cent of its equity stake to a foundation, in a deal where “everyone saves face”.
VAT 'won't be smooth' if July 1 target stays
Value-Added Tax’s (VAT) implementation “won’t be smooth” if the Government insists on its July 1 start, a Tax Coalition co-chair yesterday urging it be pushed back to a target date that will cause “the least amount of pain”.
Realtor: 'Business loss' drives appraisal battle
A senior realtor yesterday said large appraisers were “screaming murder” over two Canadian bank’s proposed management system because it would ensure they no longer received “the lion’s share” of business.
No final tariff list until two months pre-VAT
Bahamian businesses and consumers may not see the final revised Tariff Schedule until just two months before Value-Added Tax’s (VAT) implementation, a leading supermarket operator yesterday describing the proposed fiscal reforms as “still a nightmare”.
FATCA compliance no 'flip of switch'
A leading accountant yesterday described the mechanism the Bahamas will use to comply with the US Foreign Account Compliance Act (FATCA) as “no small undertaking”, suggesting there was no simple “flip of the switch” for providers once the Government has the necessary infrastructure in place.
Tourism body names new vice-president
The Bahamas Hotel and Tourism Association (BHTA) has named Suzanne Pattusch to replace Frank Comito as its executive vicepresident. She will assume the post on March 3, 2014.
MARKETING REVOLUTION: The seven essential business web pages
Brendon Burchard is a best-selling author who was in a serious car accident. In that moment, as he faced death, he realised he had not lived up to his true potential. He asked himself three questions: Did I live? Did I love? Did I matter?
Food retailers mixed on post-Xmas drop off
NASSAU-based food retailers have reported a “slight” to “considerable” drop-off in post-Christmas business, one telling Tribune Business he did foresee any major pick-up until around Easter.
Mario Carey Realty in Long Island expansion
Five years after Mario Carey Realty (MCR) first opened its doors in downtown Nassau, the firm is expanding again with plans to open a Long Island office.
