Bahamas top renewables testing bed
THE Bahamas cannot continue to spend around $1 billion a year on fuel imports, the Bahamas Environment, Science and Technology (BEST) Commission’s director yesterday arguing that this nation provided the perfect testing ground for most alternative energies.
'Worried about Baha Mar'
A well-known architect is “worried” about the $2.6 billion Baha Mar project’s prospects for success, arguing that its casino was not an “attraction base”.
Cable 'on hook' for $8m over US deals
Cable Bahamas and its shareholders are ‘on the hook’ to lose almost $8 million if the Government refuses to approve the company’s acquisitions of three Florida-based communications providers.
Fidelity: $10m bond offering 'fully placed'
Fidelity Bank (Bahamas) yesterday confirmed its recent $10 million bond offering was “fully subscribed”, as it moves to diversify funding sources away from complete reliance on deposits.
BTC targets 12 NP franchises by year's end
The Bahamas Telecommunications Company (BTC) is aiming to have 12 franchise stores in New Providence by year-end, with its projected investment in the nationwide roll-out totalling $2.5-$3 million.
MARKETING REVOLUTION: 'Tech' out more mutual respect
As marketers, we often have to work with the technical people who develop websites, lead generation systems, design customer response management systems, and keep us abreast of the various forms of social media, such as Facebook.
Money transmission franchise launches
CASH N Go/Bill Express, a franchise of the popular Cash N Go money transmission business, has created six jobs with the launch of its first outlet.
E-Gov't sees 200 user rise monthly
INTERNATIONAL clients have been the biggest users of the Government’s on-line real property tax (RPT) payment service, a senior official telling Tribune Business yesterday there were 5,000 registered users of the e-government portal.
$5m Blackbeard's Cay rejects permit claim
Developers behind the $5 million Blackbeard’s Cay project yesterday vehemently rejected claims by environmental activists that it lacked the required government approvals and permits, saying: “Everything is in order.”
BREA urged: Move to 'full self-regulation'
THE Bahamas Real Estate Association (BREA) was yesterday urged to move to “full self-regulatory status”, and thereby ensure its members were adhering to global anti-money laundering (AML) standards.
Cable Bahamas in provision automate
Cable Bahamas has deployed Sigma Systems’ provisioning solutions in its residential voice services throughout Nassau, Grand Bahama, Abaco and Eleuthera.
'Across the board' auto premium increase fears
Motor vehicle insurance premiums will “increase across the board” if a judgment, which the Court of Appeal president admitted “may cause some consternation in the motor insurance industry”, ultimately stands.
'Cruise visitors are competitors, not customers'
A well-known architect has questioned why the Bahamas could not find an extra $1 million to upgrade Nassau’s “most visited” attraction when the harbour was dredged, warning: “Cruise ships are our competitors, not our customers”.
Court president urges 'innocent' victim fund
A top QC yesterday admitted “there’s no question the time is long past” for the Bahamas to establish a fund to compensate victims of uninsured and ‘hit-and-run’ drivers, agreeing - at least on this issue - with the Court of Appeal’s president.
Top realtors: PM 'will do wonders' with first-time buyer clear-up
Top realtors yesterday said Prime Minister Perry Christie would “do wonders” by clarifying his Budget comments on the first-time buyer Stamp Duty exemption, warning that they had only caused more “confusion” and uncertainty.
