Realtor moves one-third of its NPDCO portfolio
A LEADING realtor says he has already moved one-third of the units in his New Providence Development Company Ltd (NPDCo) portfolio, adding that there was a “fair bit of demand” in western New Providence.
Scotia teams with BFSB to promote sector in Canada
Scotiabank has announced it will join forces with the Bahamas Financial Services Board (BFSB) to help promote this nation to the Canadian market.
TV show focuses on the economy
Pictured at the You & Your Money TV show, taped at the TCL Studios, are from left: Mark A. Turnquest, business management consultant; Jeff Lloyd, show host; and Dionisio D’Aguilar, president, Superwash. They shared their views on the performance of the economy, VAT, the impact of the recent Industrial Tribunal ruling on vacation time, and job readiness of recent graduates. The show will air on Monday, September 16 at 8 pm, on ZNS-TV.
Central Bank more bearish on 'significant headwinds'
A leading Bahamian realtor has seen a strong pick-up in private island sales this year, revealing that a $29 million deal for a private cay in the Exumas is set to close imminently.
Hold Gov't accountable over VAT, taxpayers told
The Government must not treat the extra revenues anticipated from Value-Added Tax (VAT) as a licence to spend money, a well-known accountant urging Bahamian taxpayers to hold it accountable for how it used these funds.
Realtor sees private island sales uptick
A leading Bahamian realtor has seen a strong pick-up in private island sales this year, revealing that a $29 million deal for a private cay in the Exumas is set to close imminently.
Union seeks 'trade-off' for BEC benefits cuts
THE union representing the Bahamas Electricity Corporation’s (BEC) line-staff has warned it is not prepared to accept any reduction in pension and insurance benefits without a reasonable trade-off, telling Tribune Business there have been no negotiations to-date on the issue.
UK tie-up boosts Bahamas realtor
Coldwell Banker Lightbourn Realty has announced it will be working under an exclusive agreement with Hamptons International, a leading estate agency in the UK, to promote its listings overseas.
Renewable pioneer makes 50-100% AC saving pledge
A Miami-based pioneer yesterday said he could provide “the most cost effective technology to both cool the Bahamas and provide fresh water”, pledging that it could cut air conditioning costs by between 50-100 per cent.
20% energy savings a 'breath of fresh air'
A BAHAMIAN green technology provider said yesterday that UV light for air cooling systems could not only improve indoor air quality but ultimately generate energy cost savings of up to 20 per cent.
BEC losses 'won't exceed $22m', its chairman pledges
THE Bahamas Electricity Corporation’s (BEC) accounts receivables currently stands at $120 million to-date, its executive chairman yesterday estimating that the utility monopoly would suffer a loss of $20-$22 million for its current financial year.
New regulator's concern on disclosure compliance
The Securities Commission’s newly-appointed interim chief yesterday said he would “definitely focus” on whether publicly listed companies were meeting their legal requirements on the timely disclosure of material information.
VAT 'uncertainty' puts bank hires, projects on hold
A top banker has warned that the uncertainty created by the proposed Value-Added Tax (VAT), and other government initiatives facing the sector, has caused institutions to place new hires and capital expansion projects on hold.
Small business Bill set for October tabling
The Government plans to table the long-awaited Small and Medium-Sized Enterprises Development Bill when Parliament reconvenes next month, it was confirmed yesterday.
5,000 residences still lack power
THE Bahamas Electricity Corporation’s (BEC) executive chairman said yesterday that 5,000 residential customers remain without electricity, as he announced a two-week amnesty on further home disconnections.
