Nassau Palm buyer targeting Hilton
The investors behind the Nassau Palm’s purchase have submitted a multi-million dollar offer to buy the nearby British Colonial Hilton, Tribune Business can reveal.
Contractors aim to end 'guessing game'
Many small contractors lack the administrative skills to execute a construction contract, the Bahamian Contractors Association’s (BCA) president said yesterday, adding that this led many to incorrectly value project costs.
$13m campaign targeting 30k Asian visitors
A $13 million independent Bahamas tourism marketing campaign targeting the Asian travel market could net 30,000 visitors within the next three years, its developers said yesterday,
National Trust 'gravely worried' on Bimini plan
The Bahamas National Trust (BNT) yesterday said Resorts World’s Bimini cruise ship terminal plan would “cause irreparable and continuing damage to the marine environment” if approved in its current form.
Casinos target 20,000 job boost via reforms
The Bahamas could enjoy “anywhere from a 25-30 per cent increase” in stopover visitors by passing the casino gaming reforms currently before Parliament, and create more than 20,000 new jobs.
Sky Bahamas pledge: 'We will survive'
Sky Bahamas’ chief executive yesterday pledged that the airline would survive, even as it had to contend with more staff lay-offs and a trade dispute filed against it.
Satellite Bahamas 'earned $8.8m via signal piracy'
Satellite Bahamas received almost $8.8 million in revenues through its allegedly fraudulent scheme to ‘pirate’ the signal of the US’ largest satellite broadcaster.
'Pretty excited' about Oceania heights solution
A key player in the bitter Oceania Heights dispute yesterday expressed hope that agreement had been reached to finally “turn this ship around” and resolve it, with the ultimate objective being to “bring back some of the value lost”.
Auto dealers 'ecstatic' over low sulphur fuel
Bahamian auto dealers said yesterday they were “ecstatic” that ultra low sulphur diesel (ULSD) was finally being offered in this market, one stating that this nation had been running “first world vehicles on third world fuel” for far too long.
Speed Week targeting 'break even' for 2013
Bahamas Speed Week Revival investors say this year’s event should inject $400,000-$500,000 into the economy and generate 700-800 room nights, with its president revealing they are hoping to “break even after not taking a salary in three years”.
Gov'ts medium term VAT focus 'a farce'
The Government’s focus on Value-Added Tax’s (VAT) ‘medium-term benefits’ was yesterday described as “a farce”, with the private sector and consumers more concerned with what happens on July 1, 2014.
How to combat 'kickbacks': Do nothing and let pot boil
Let me tread very carefully here so as not to offend anyone; any company, government or culture etc....
Fidelity boosts online banking security defence
Fidelity Bank (Bahamas) yesterday announced that it is introducing more robust security features to protect online banking clients against the rising trend of fraud.
BFSB awards panel holds first meeting
The Bahamas Financial Services Board’s (BFSB) Blue Ribbon Panel, appointed for this year’s Industry Excellence Awards, has held its first meeting to consider the nominations.
Realtor boosts its Nassau sales team
Coldwell Banker Lightbourn Realty has boosted its Nassau sales team by two, its president has announced.
