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BISX developing new Gov't debt security

The Bahamas International Securities Exchange (BISX) yesterday revealed that it is developing a new debt security for the Government, which will 'fill the gap' by offering investors medium-term maturities.

HSBC departure 'not jurisdiction driven'

HSBC's departure from this nation is 'not jurisdiction driven at all', although 12 Bahamian jobs will be lost through the global banking giant's decision to exit a 'non-core' business by 2014.

BEC 'split' not a 100% certainty

The Bahamas Electricity Corporation's (BEC) split into two separate companies is not yet a 100 per cent certainty, Tribune Business was told yesterday.

Bran: 'I didn't see BEC reforms coming'

The Democratic National Alliance's (DNA) leader has admitted to being taken by surprise by the Government's energy reform plans.

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Bahamas in 50,000 seat airlift fall

The Bahamas has suffered an airlift decline of more than 50,000 seats for 2013 to-date, Tribune Business has been told, as airlines phase out services and adjust schedules to traveller demand.

$80m energy project eyes 25% cost slash

An $80 million renewable energy project believes it could slash electricity costs for consumers on 15 Family Islands by at least 25 per cent, having met or exceeded the Government's own pricing targets.

HSBC unveils Bahamas exit

Global banking giant, Hong Kong and Shanghai Bank Corporation (HSBC), has announced its exit from the Bahamian international financial services market.

Port Authority's 'abysmal failure' to save licensees

A well-known QC has blasted the Grand Bahama Port Authority's 'abysmal failure' to protect the rights of its 3,500 business licensees.

Brewery's $500k Abaco expansion

Sands Beer's manufacturer has expanded its retail footprint to Abaco via a $500,000 investment in acquiring a Marsh Harbour retailer.

Tourism sector's 'mixed results'

The Bahamian tourism industry has produced 'mixed results' for 2013 to-date, with hotels having increased room rates by almost 5 per cent but suffered a decline in large group business.

Downtown retailer in Carmichael expansion

A downtown Nassau retailer is expanding its operations to the Carmichael Road area.

Realtors tackle VAT education

the Bahamas Real Estate Association's (BREA) president says it is aiming to educate its membership about the impact of tax reform.

Invest in education for future rewards

By Ian Ferguson

Trust yet to see Bimini documents

The Bahamas National Trust is continuing to press for a Marine Protected Area (MPA) for Bimini, and says the Government has yet to provide it with plans for the proposed Genting cruise ship dock.