$14m Bay Street plaza up for sale
The Klonaris brothers have placed their $14 million Bay Street shopping plaza on the market, although a sales price has yet to be fixed.
Bahamas 'not out of woods yet' over aviation audits
While praising the Government for its efforts in ensuring this nation passed a recent Federal Aviation Administration (FAA) audit, a leading airline executive says the Bahamas is “not quite out of the woods yet”.
Research the 'beginning of the end' for small business framework
We, a group of local consultants, are finalising a small and medium-sized enterprises (SMEs) needs analysis survey in New Providence.
Bahamians to gain early viewing of new LPIA terminal
Bahamians will be treated to live entertainment when the long-awaited new terminal that will serve domestic and international flights at Lynden Pindling International Airport (LPIA)opens for a sneak peek on Saturday, October 19 -two days after a formal ribbon-cutting ceremony and just before it goes live.
Legal threat to $5m benchmark pref equity
Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.
Land use proposal submitted for key Bay Street property
A “fairly detailed” development proposal has been submitted for a 3.94 acre property key to revitalising downtown Nassau, a top realtor yesterday saying potential buyers would take their interest no further until they know what they can put there.
BTC offers 50% price cut for Vibe migration
The Bahamas Telecommunications Company (BTC) says its move to end the monthly Vibe package flat rate for unlimited calls is designed to drive customers to the “almost 50 per cent cheaper” prices offered by its newly-launched Home Phone Plus package.
Sheraton managers seek 'strike vote'
A trade union chief said he will today write to the Minister of Labour seeking permission for a ‘strike vote’ by his 70 members at the Sheraton Nassau Beach Resort, describing the way in which their work hours had been cut 50 per cent as “ridiculous”.
Union attorney 'confident' on' Morton Salt deal
The attorney representing Morton Salt’s 100-plus line union members yesterday said he was optimistic a new industrial agreement would soon be reached with the company, despite “one or two areas of concern”.
IAN FERGUSON: Keeping workers totally engaged
What every company wants from its staff is Employee Engagement.
Workshop for small business unveiled
The Government is aiming to stimulate the economy through enhancing the climate for sustainable small and medium-sized (SME) businesses.
Troubled broker in Judicial review against regulator
A BISX-listed firm’s broker/dealer subsidiary has filed a Judicial Review action against the Securities Commission of the Bahamas, over the regulator’s demand that it cease taking on new business and submit to a “solvency review”.
UBS building priced at $8m
UBS (Bahamas) two-storey annex building on East Bay Street is being marketed for sale at $8 million, Tribune Business confirmed yesterday, although the bank is also still entertaining lease options.
Opportunities created for compliance entrepreneurs
The Minister of Financial Services believes the increased demand for compliance in financial services has created the ability for Bahamians to specialise and become an entrepreneur in this niche.
Warning of lower growth than forecast
The International Monetary Fund (IMF) yesterday slashed its 2013 economic growth forecast for the Bahamas by 80 basis points, prompting an Opposition MP to urge: “We have to find new ways to grow this economy.”
