CHAMBER VOICE: Co-operation is key to success
Ours is an environment that is heavily dependent on government for information and assistance to promote and grow industry.
BEC chief calls for 'measured' renewable plan
THE Bahamas should take “measured steps” towards renewable energy integration, the Bahamas Electricity Corporation’s (BEC) general manager believes, agreeing that the proper legislation and a National Energy Policy needed to be implemented beforehand.
'Remove red tape' on foreign capital start-ups funding
The Bahamas has been urged to remove “the red tape” that prevents foreign investors financing local start-ups and entrepreneurs, a leading small business consultant warning it was stifling innovation.
BNT targeting $32m over 'best kept secrets' plan
The Bahamas National Trust (BNT) is aiming to raise $32 million to finance its latest five-year plan, its executive director yesterday disclosing it planned to unlock this nation’s “best kept secrets” for tourists.
BTC: $100m 'investments outstrip depreciation'
The Bahamas Telecommunications Company (BTC) yesterday hailed the $10 million year-over-year increase in the value of its ‘fixed’ assets as “a positive sign”, a senior executive saying it showed “investment is outstripping depreciation”.
Gov't targets 40% renewables by 2030
THE Government is pushing to have at least 40 per cent the Bahamas’ energy needs come from renewable sources by 2030, a senior official said yesterday, telling Tribune Business that it “makes good sense” for the country to move in that direction.
Container Port income up 137%
The Freeport Container Port saw its year-over-year operating income more than double in 2012, its majority owner has revealed, increasing by 137 per cent on the back of rising shipping container volumes.
Balmoral unveils $3m office space
The Balmoral’s principal said yesterday he will “know in the next month or so” whether its planned $2.5-$3 million investment in commercial office space has hit the correct price point.
PM hints at BTC monopoly extend
PRIME Minister Perry Christie yesterday hinted that the Government could be open to extending the Bahamas Telecommunications Company’s (BTC) cellular monopoly if Cable & Wireless Communications (CWC) relinquished majority control of the company.
Financial sector boost via perpetuity 'honour'
The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.
FInal LPIA phase to beat deadline
THE Lynden Pindling International Airport (LPIA) is primed to become the most “modern and progressive” facility of its kind in the region, its chief executive yesterday revealing that the expansion project’s Phase III was set to be completed ahead of schedule.
London Landfall boosts the brand
Bahamas Landfall: London has celebrated the country’s 40 years of independence, emphasising its security as a financial services jurisdiction to more than 100 intermediaries and Friends of the Bahamas..
BTC blasts 'appalling' union leader's claims
The Bahamas Telecommunications Company (BTC) yesterday branded a trade union leader’s attack on its labour policies as “frankly appalling”, describing them as “irresponsible” and unwarranted.
GB Chamber unveils first SME workshop
The Grand Bahama Chamber of Commerce, supported by the Grand Bahama Port Authority (GBPA), will present its first Business Workshop for the year on Tuesday, June 25.
Port's $21m offering 'beats' market price
The Arawak Port Development Company’s (APD) planned $21 million preference share issue, set to come to market next week, will have debt servicing costs two percentage points lower than projected.
