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Budget forces AML into focus on franchises

AML Foods plans to refocus on developing and strengthening its ‘low volume/high yield’ franchise offerings, its chairman telling Tribune Business yesterday that its food store businesses had been unfairly targeted by the Government’s 2013-2014 Budget.

ART OF GRAPHIX: Find inspiration all around you

The weekend is approaching and you should be preparing to have some fun, but you’ve just checked your e-mail and discovered numerous lingering deadline projects, one after the other.

Striping firm breaks ground on $400k HQ

Bahamas Striping, the road marking company founded from a Self-Starter programme grant, has broken ground on its new $400,000 headquarters and manufacturing plant.

Maritime graduates join growing sector

The Grand Bahama Port Authority’s (GBPA) chairman has told 39 graduates from the Maritime Cadet Corps programme that they are entering one of the world’s growing industries.

Businesses eye reduced costs through number portability

NUMBER portability should provide significant cost savings for business looking to change service providers, while allowing them to retain their existing numbers, a senior private sector official said yesterday.

Relocation 'Giving' gift store a boost

The Art of Giving, one of Freeport’s leading boutique gift shops, has moved to a new downtown location at No. 9 Seventeen Plaza.

AML to invest $80-$125k per Dominos store

AML Foods plans to completely remodel its 11 Dominos Pizza franchise locations over the next two years, executives telling Tribune Business the company will invest $80,000-$125,000 per store as part of its theatre design roll-out.

'Optimistic' five new oil licences approved in 2013

The Government is expected to decide this year whether to approve a further five oil exploration licences, with its current licensee aiming to secure a joint venture partner “after the summer”.

MARKETING REVOLUTION: Business is more than the money

There are several bad reasons to enter business. One of the worst is just to make money.

Mortgage Corp may need $117m capital inject

The Bahamas Mortgage Corporation (BMC) needs a capital injection of more than $117.129 million to enable it to meet all bond principal and interest payments when they become due.

Violent crime and its grip

In this paper, published in Worldwide Hospitality and Tourism Themes, which was chosen as a Highly Commended Award Winner at the Literati Network Awards for Excellence 2013, Dr Nikolaos Karagiannis and his colleague from Winston-Salem State University’s School of Business and Economics, Zagros Madjd-Sadjadi, analyse the economic impact of crime on tourism in the Bahamas and wider Caribbean.

Bahamian firm views award as growth platform

A Bahamas-based provider of specialist wealth management software yesterday said its selection as the sector’s top performer was “a nice pat on the back”, and could provide a springboard to win new clients and markets.

Sandals helps flood victims

Sandals Royal Bahamian last week donated several bags of linen and towels to the Red Cross to aid victims of the recent flooding throughout the Bahamas.

Minister seeking to 'level playing field' on redundancy

LABOUR Minister Shane Gibson yesterday emphasized the need for a strengthened social safety net for workers in cases of redundancy, telling Parliament his ministry was looking at ways to “level the playing field” and ensure measures were in place for employees to receive compensation.

Bid to snatch Kozeny's $22m was 'doomed'

The Czech authorities’ bid to seize $22 million allegedly belonging to Lyford Cay financier, Viktor Kozeny, has been “doomed” by the defective service of court documents on him in the Bahamas.