Medical school in GB pull-out
Ross University is set to close its Freeport-based medical school in early 2014, Tribune Business can reveal, dealing a fresh blow to Grand Bahama’s ailing economy just as several positive developments loom on the horizon.
Association eyes 'doubling' of Bay's nightlife economy
A newly-formed Association is aiming to “double the food and beverage, and nightlife, economy in downtown Nassau” within two years, having set itself the goal of increasing cruise passenger spending in this area by 31 per cent come year-end 2014.
US universities in stem cell rush
MIAMI, FL - The Government’s decision to enact stem cell legislation is proving to be a “game changer”, a Cabinet minister said yesterday, telling this newspaper that two more US universities had expressed interest in developing medical facilities in the Bahamas.
BREA chief slams 'three-year bar' on new members
The Bahamas Real Estate Association’s (BREA) president yesterday shot down suggestions by one of his predecessors that a ‘three-year moratorium’ on new realtor licenses be imposed, branding it as “not in the best interests of the Bahamas”.
'We will not let this rest'
Grand Bahama Port Authority (GBPA) licensees yesterday won another chapter in their battle with Customs over the Hawksbill Creek Agreement by the score of ‘2-1’, a leading QC warning: ‘We will not let this rest.”
Atlantis makes formal 'own energy' proposal
MIAMI, FL- THE Atlantis and One & Only Ocean Club resorts’ owner has presented the Government with a formal proposal for the properties to generate their own energy, a Cabinet Minister revealed yesterday, noting that high celectricity costs were making it “extremely difficult” for them to survive.
Call centre seeks to hire 100 via job fair
Island Outsourcers will this weekend host a job fair for more than 100 positions in their new call centre, which is set to begin operations in Grand Bahama in early November.
Realtor adds agent in the Abaco cays
Entrepreneur Sarah Sams has joined Coldwell Banker Lightbourn Realty as a sales agent in Elbow Cay and Lubber’s Quarters, Abaco.
Bahamas moves over 'human capital gaps'
The Minister of Financial Services yesterday said that language and cultural exposure was a ‘significant gap’ for Bahamian financial services professionals, telling Tribune Business his ministry was working with the industry to fill human capital deficiencies.
FamGuard unveils 15% profit growth
FamGuard Corporation has unveiled a 15 per cent year-over-year net income increase for the 2013 first half, driven by a total revenue increase and expenses that remained largely flat.
BTC sparks home phone promotion
The Bahamas Telecommunications Company (BTC) is hoping to give home phones a new lease of life with its ‘love your landline’ low price packages.
Activists demand Bimini EIA release
An environmental activist group has urged the Government and Genting Group to0 publish the Environmental Impact Assessment (EIA) for the latter’s multi-million dollar resort and cruise ship terminal investment on Bimini.
Stocks to match 10% upside in '14
A top investment banker yesterday predicted that the Bahamian stock market will next year “at least” match the 10 per cent upside he anticipates for 2013, telling Tribune Business: “New Providence needs to get out of a hole.”
Fund targets 'definite Improvement' for 2014
The BISX-listed Bahamas Property Fund yesterday said it expects a “definite improvement” in earnings for 2014, amid hopes that “at least three outstanding lease requests” materialise into firm deals.
Insurers 'prefer' VAT zero rating
Bahamian insurers would “prefer” to be ‘zero-rated’ rather than ‘exempt’ under the proposed Value-Added Tax (VAT), with several expressing concern that consumer premiums would increase if claims costs rose.
