Union leader backs extra vacation week ruling's dismissal
A top trade unionist yesterday backed the Court of Appeal’s decision to overturn a verdict granting every Bahamian worker an extra week’s paid vacation annually, as the “great expense” would have forced many businesses to close.
Satellite Bahamas seeks extension for document handover
Satellite Bahamas has asked the US courts to give it more time to respond to DIRECTV’s document discovery demands, due to the fact it is located in a foreign country and the delays caused by the Thanksgiving holiday.
Coalition chair slams 'absolutely ridiculous' VAT analysis deadline
The Tax Coalition’s co-chair yesterday blasted as “absolutely ridiculous” the three-four week timeframe it has been given to analyse the Government’s own Value-Added Tax (VAT) modelling, suggesting this showed it was not serious about consulting the private sector on tax reform.
ART OF GRAPHIX: Unzipping your key documents
Have you ever had a file on your computer that was so ridiculously large it was all but impossible for you to send it to a friend as an e-mail attachment?
Realtor targets Chinese market
Mario Carey Realty (MCR) is going the extra mile – 3,840 miles to be exact - to attract buyers to the Bahamas.
Bahamas moving to take sector 'captive'
The Bahamas Financial Services Board (BFSB) and industry stakeholders yestertday hosted an introductory session on captive insurance, responding to interest expressed by the industry.
Palm Cay unveils its marketing phone app
A 70-acre eastern New Providence real estate development yesterday unveiled a smart phone app as its latest marketing tool.
Pay day lender touts 'overwhelming' demand
A newly-established ‘pay day’ lender yesterday said it had received “an overwhelming” demand for its services prior to Saturday’s opening, with more than 100 pre-registration forms received.
'Victory for all employers'
Bahamian businesses were last night celebrating “a victory for all employers” after the Court of Appeal quashed an Industrial Tribunal ruling that effectively gave all workers an extra week of paid vacation annually.
Treasure Cay project 'desperately needed'
The Treasure Cay development under fire from both locals and environmentalists yesterday said its project could ultimately involve a $10-$20 million investment, and create 100 “desperately needed” jobs, if it was allowed to fulfill its plans.
'How else can the Bahamas attract FDI?'
A prominent businessman yesterday blasted “frivolous” criticism of Prime Minister Perry Christie’s recent travels, and questioned: “How else can the Bahamas attract foreign direct investment?”
Two-phase implementation for small business reform
The long-awaited Small Business Development Bill will be passed into law early in the New Year, a well-known consultant said yesterday, with the organisation key to its on-ground implementation established by mid-2014.
Abaco Club offered to owners for $28m
PROPERTY owners at the Abaco Club on Winding Bay do not believe the development is worth “anywhere close” to the $28 million price tag its current owner, Marriott Vacations Worldwide, is asking for.
MARKETING REVOLUTION: Tasting success through sampling
When you go to a large food court in a mall, there sometimes seem to be enough samples there to have a meal. Of course, the food vendors have a different objective other than giving you free food.
Capital markets to match 2013's $130m
A leading investment banker yesterday said he expected 2014 to be “similar” to this year in terms of capital raising, with more than $130 million obtained from Bahamian capital markets investors over the past 12 months.
