Bahamas admitted to global Chamber
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has been accepted into membership of the prestigious International Chamber of Commerce (ICC).
Boutique hotel on 'radar' for $200m development
A $200 million real estate development yesterday confirmed that a boutique hotel, while “on our radar”, was likely three to four years from being added to its product mix.
Residents fearing Bimini 'overload'
WITH Bimini set for even more resort development, some residents yesterday expressed fears that the small island is being over developed and will eventually become overpopulated, one telling Tribune Business: “I don’t know why this island is being overloaded”.
Scotiabank officer passes executive exam
Scotiabank (Bahamas) centre director, Samuel Haven, has passed the Executive Series 7 general securities training workshop with The Nastac Group.
Broker 'bit player' in multi-million frauds
A Bahamian broker/dealer and its owner have described themselves as “bit players at most” in two alleged multi-million dollar financial frauds, accusing US regulators of attempting to portray them as “unscrupulous”.
Top QC: 'Is it Perry or Peter in charge?'
The Prime Minister’s assertion that Save the Bays’ Clifton campaign is “foolishness” has been slammed as “undignified and short-sighted”, a top QC questioning: “Is it Perry or Peter who is in charge?”
US restrictions block to PM's sand export dream
Restrictions that prevent US federal money from being spent on sand imports represent a major obstacle to the Prime Minister’s dreams of creating a Bahamian sand export market.
Oceania fury: DPM rejects reduced tax from 80% value fall
Property owners at the controversy-torn Oceania Heights development are furious that they will have to pay Stamp Duty based on their initial purchase price, despite values having fallen by up to 80 per cent.
Agreements avoid European 'shut out' for funds industry
The Securities Commission’s latest agreements with counterpart regulators have prevented the Bahamian investment funds industry being “shut out” of the European Union’s (EU) capital markets, a Cabinet Minister said yesterday.
'Holy Grail' needs 10% duty with VAT
Reducing Customs duties to 10 per cent at the same time Value-Added Tax (VAT) is introduced would enable the Bahamas to achieve “the Holy Grail” of matching US prices and increasing government revenues.
CHAMBER VOICE: The description of workplace failure
Recent surveys of new hires indicate that many persons, employed even at senior levels, still do not receive clear job descriptions outlining and clarifying the expectations for the role.
Arawak Homes to expand latest housing solution
ARAWAK Homes has already identified two other tracts of land in the Carmichael area where it intends to duplicate its latest housing solution, its president telling Tribune Business: “It’s a level of excitement we have not seen in many years.”
Sandals eyes 210 room renovations
SANDALS Royal Bahamian’s 210-room Windsor block is set to undergo major renovations to bring it up to par with the multi-million dollar Balmoral Tower redevelopment.
Foreign 'infiltration' squeezing Bahamians out of $142m industry
Bahamians have gradually been squeezed out of the $142 million fly fishing industry by foreign “infiltration” over the past 20 years, reducing its impact on local businesses and job creation.
Water shortage fears compromised quality
New Providence’s frequent supply shortages resulted in the Water & Sewerage Corporation making compromises on water quality and maintenance of a key reverse osmosis plant, Tribune Business can reveal.
