Satellite Bahamas chiefs seek bank documents block
Satellite Bahamas’ principals are seeking further protection from the Florida courts to block DIRECTV’s “simply irrelevant” efforts to obtain information on their bank and personal financial transactions.
Water plant exceeding contract supply by 20%
BISX-listed Consolidated Water says its main Nassau plant is supplying 20 per cent more water than required under the terms of its contract with the Water & Sewerage Corporation, as it awaits the Government’s decision on whether it will continue to operate the Windsor facility.
Oceania homeowners bid for $1.5m 'seed capital'
Property owners at Oceania Heights are hoping to raise $1.5 million to finance the construction of long-promised amenities and “recover some of our investment”, after the controversial project was finally transferred to their control.
Provider offers $500-$600m waste to energy plant
A Bahamas-based renewable provider is offering to build and operate an estimated $500-$600 million plasma waste-to-energy plant at the New Providence landfill, creating 400-500 full-time jobs, in the process.
ART OF GRAPHIX: Put some ZIP into e-mails
Ever heard of ZIP files? Of course you have. If you have download programs and files off the Internet, you have probably encountered ZIP files. A ZIP file is a convenient way of compressing program files into a single, smaller file.
'Light touch' regulation for just one credit union
The proposed ‘light touch’ regulatory regime for credit unions with assets under $1 million would only apply to one organisation at present, the National Workers Cooperative Credit Union (NWCCU) chairman said yesterday.
URCA seeks 'middle ground' on number portability costs
The Utilities Regulation and Competition Authority (URCA) yesterday determined that communications operators should be paid $4 for every fixed-line customer they lose to rivals, effectively finding a ‘middle ground’ between Cable Bahamas and the Bahamas Telecommunications Company (BTC).
Timing is everything in VAT preparations
It seems likely that the Government will go ahead with Value-Added Tax (VAT), although just when remains a matter of speculation. In the interim, good preparation is vital. The key to successful implementation is planning, as it generally is in business.
Colina profits rise, cautious over VAT
Colina Holdings Bahamas yesterday reported another profitable quarter in 2013, with operational performance yielding a period-over-period increase in total premium revenue and an $11.7 million growth in the asset base.
Grand Isle sponsors Bahamas Speed Week
Exuma’s Grand Isle Resort and Spa yesterday announced it will sponsor Bahamas Speed Week 2013 as the official Family Island partner.
Exuma Chamber unveils island's Advisory Board
The Exuma Chamber of Commerce yesterday unveiled the creation of an Advisory Board, which aims to take the island’s tourism product to “new heights” by unifying its residents.
VAT to cut auto gross profits 8%
Bahamian auto dealers plan to introduce labels that will allow consumers to compare current prices with those post-VAT implementation, Tribune Business was told yesterday, with buyers warned to brace for 4-5 per cent increases at least.
Battle 4 Atlantis in 15,000 room nights
MAJOR Nassau/Paradise Island resorts are projecting high occupancies for the Thanksgiving weekend, with Atlantis yesterday telling Tribune Business the resort was “sold out”, due in large part to the third Battle 4 Atlantis tournament generating 15,000 room nights.
Gov't fiscal mess is 'all our fault'
Every Bahamian must take responsibility for the Government’s financial mess, a co-chair for the private sector’s Tax Coalition yesterday warning there was “no quick fix” and that all would have to become “accountable” to mend the fiscal woes.
Over $1m tax rise wipes out Port’s tariff cut plans
A more than $1 million tax burden increase, combined with a delayed Baha Mar-related upswing in container volumes, has forced the Arawak Port Development Company (APD) to postpone plans to reduce its tariffs.
