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Harbour Bay spa to close

A Harbour Bay-based salt therapy and wellness spa is set to close this weekend after just 18 months in business, as businesss levels are not enough to ensure its continued viability.

Wendy's unveils its cafe concept

WENDY’S (Bahamas) has partnered with The Cheese Cake Factory and launched its ‘Wendy’s Café’ concept, the franchise’s Bahamian operator yesterday revealing that these would be incorporated into select restaurant locations.

Palm Cay attends Ft Lauderdale show

The Palm Cay development is set to attend this year’s Fort Lauderdale International Boat Show for the third consecutive year.

BEC unions won't 'sit idly by' on benefit cut

THE head of the union representing Bahamas Electricity Corporation (BEC) line-staff warned yesterday that it would not sit “idly by” and allow negotiated benefits to be taken away, after its executive chairman pledged to stop “double dipping” on National Insurance Board (NIB) benefits.

Eleuthera project 'optimistic' for end-2014 finish

THE developers behind Eleuthera’s French Leave Resort & Marina yesterday said they were “cautiously optimistic” that the first three seafront cottages would be available as early as January, targeting end-2014 for the completion of the project’s first phase.

Bimini businesses hit by cruise ship sailing suspension

Resorts World Bimini yesterday said many of the island’s businesses had suffered a “sharp decline in revenue” after rough seas forced a temporary suspension of its Miami SuperFast service.

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Gov't and banks 'must break' salary deduction cycle

The Government must reduce the 70 per cent proportion of its payroll that goes towards salary deductions, a leading businessman yesterday warning it was causing a “remarkable contraction” in consumer spending and the wider economy.

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Bahamas can't let competitiveness 'slip any further'

A leading accountant yesterday urged the Government to give the proposed National Tripartite Council a real mandate to improve the Bahamas’ economic competitiveness, warning that this “cannot be allowed to slip beyond this point”.

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Cable 'confident' on number portability market share boost

A leading accountant yesterday urged the Government to give the proposed National Tripartite Council a real mandate to improve the Bahamas’ economic competitiveness, warning that this “cannot be allowed to slip beyond this point”.

Bimini developer plans lawsuit on club's demolition

A club owner yesterday said he aims to file a lawsuit against the Bimini Bay Resort’s original developers “any day now” over the alleged demolition of his property, adding: “I’m not going to stop until I have justice.”

Gov't to update timeshare laws

The Minister of Tourism yesterday said the Government was looking to introduce new timeshare legislation, calling the industry vital to year-round business and product diversity.

Tour operator loses '500 strong' bookings via VAT

A leading tour operator has lost three winter 2014 convention bookings, each 500-plus strong, due to the price increases caused by the impending 15 per cent Value-Added Tax (VAT), Tribune Business was told yesterday.

Timeshare developers 'anxious' on Bahamas

TIMESHARE developers are “anxious” to build in the Bahamas, the head of a marketing and public relations firm, telling Tribune Business that this nation has “much to offer”.

Bahamas Realty chief first BREA nominee for top BFSB award

Bahamas Realty’s chief executive, Larry Roberts, is the first Bahamas Real Estate Association (BREA) member to be nominated by the Bahamas Financial Services Board (BFSB) for its Executive of the Year award. part of the 2013 Award of Excellence programme.

Broker hits 100 Ocean Club Estate sales milestone

Mario Carey Realty’s president and founder has hit the milestone of concluding 100 real estate transactions in Paradise Island’s exclusive Ocean Club Estates community.