PM talks to IDB on 'new life' in Inagua
PRIME Minister Perry Christie revealed yesterday he had held discussions with the Inter-American Development Bank (IDB) over providing financial assistance to help bring “new life” to Inagua as an island destination, capitalising on its wildlife resources.
‘Critical’ to halt bush medicine exploitation
THE Bahamas’ genetic resources, particularly ‘bush medicines’, have been “exploited” in the past with no compensation or recognition being paid, noted historian Dr Gail Saunders said yesterday, describing the need for intellectual property protection as “critical”.
Dealer's expansion put 'on the shelf'
A leading Bahamian auto dealer yesterday disclosed he had placed western New Providence expansion “on the shelf” as a result of the Budget’s tax increases, as some in the industry reported losing up to $800,000-$1 million per year.
Bahamas' IP regime to be 'trailblazer'
The Bahamas is developing “cutting edge, trailblazing” intellectual property (IP) rights protection for its cultural industries and uniquely Bahamian products, a Cabinet Minister said yesterday.
Cable blasts BTC on roaming call 'block'
Cable Bahamas has urged regulators to intervene in its long-running dispute over the Bahamas Telecommunications Company’s (BTC) alleged ‘blocking’ of calls to international mobile roaming customers, demanding that it provide call termination on a “cost oriented basis”.
Banks chief warns COB students over ethics
The outgoing Association of International Banks & Trusts (AIBT) chairman has spoken candidly to young College of the Bahamas (COB) students on the importance of business ethics.
Wreck salvage 'disillusion' on year-long approval delay
The Government’s failure to comply with its own legislation has left wreck salvagers and their financiers “frustrated and disillusioned with the Bahamas”, and could cost this nation both its heritage and a multi-million dollar industry.
Paving success with kindness
As the Bahamas’ first National Women’s Month wound down, a female pioneer in business, financial services and civic life ramped up her advice to women.
Business Licence's 'stupid bureaucracy' hits private sector
A leading businessman is complaining that the Government is adding insult to an “already crushed” private sector’s injury through the “bureaucracy” accompanying Business Licence payments
40-50% energy cost 'slash' via production privatisation
The Bahamas Renewable Energy Association’s president has hailed proposals to privatise electricity generation as having the potential to slash energy costs by 40-50 per cent and make this nation a regional leader.
Renewable provider proposes solar for 25% BEC needs
A BAHAMIAN renewable provider has presented the Government with an “energy mix” proposal to allow for 25 per cent of the Bahamas Electricity Corporation’s (BEC) daytime generating capacity to be derived from solar power.
BEC grid stability key for renewable tie-ins
THE Bahamian electricity grid’s stability is key to incorporating renewable power sources into this nation’s energy mix, the Bahamas Electricity Corporation’s (BEC) general manager has told Tribune Business.
FINCO net income triples despite $100m bad loans
Despite an almost $100 million-strong non-performing mortgage portfolio, Finance Corporation of the Bahamas’ (FINCO) 2013 first half net income more than tripled on the back of reduced operating costs and loan loss provisions.
AML switches $1m from expansion to energy efficiency
AML Foods says the Budget’s tax increases, coupled with Value-Added Tax (VAT) uncertainty, have pushed it to switch $1 million earmarked for food store expansion into energy efficiency.
'Bottoms up' to small business
New entrepreneurs must get into the game by conducting comprehensive market research before they develop practical business plans.
