Businesses fear 'havoc' through BEC sabotage
Bahamian businesses yesterday said they were “very concerned” that the alleged sabotage at the Bahamas Electricity Corporation’s (BEC) Clifton Pier plant could mean increased electricity costs and power disruptions in the summer months.
Kayak fishers 'pumped' over Bahamas switch
The Extreme Kayak Fishing Tournament, ‘May Madness’, which recently drew 100-plus participants to its latest event at Pompano Beach in south Florida, is expected to move to the Bahamas in April 2014.
Dame Joan is named arbitration patron
The Bahamas Branch of the Chartered Institute of Arbitrators (CIArb) has named Dame Joan Sawyer as its official patron.
Bank 'falls on feet' via branch relocate
Commonwealth Bank’s president yesterday said it hdad “fallen on its feet” through being able to re-locate its Oakes Field branch to the former Royal Bank of Canada (RBC) site on JFK Drive, a building it expects to occupy for four months.
Seven contenders for Grand Bahama casino
THE list of potential operators for the Grand Lucayan’s Treasure Bay casino has grown to “six or seven”, while one of the two interested Bahamian groups was also mulling the construction of another gaming complex nearby.
$10m for Medical Centre expansion
Dr Conville Brown has been trying to raise $10 million from Bahamian investors to expand his Centreville-based The Medical Pavilion Bahamas, Tribune Business can reveal, with stem cell and surgical therapies included in the plans.
Trade Commission's 'major' WTO paper
The Trade Commission will submit a “comprehensive paper” on the positions the Bahamas should take over World Trade Organisation (WTO) accession before end-June, its chairman said yesterday.
30% auto sales boost if taxes back to 2010
A return to pre-2010 import duty rates would likely boost new car sales by “about 30 per cent”, dealers said yesterday, while calling on the Government to give them up to six months’ warning of planned import tariff changes.
Golf event creates 3,000 room nights
ATLANTIS’S top executive yesterday said the wekend’s Pure Silk-Bahamas Ladies Professional Golf Assocation (LPGA) tournament generated some 3,000 room nights for the resort.
Atlantis predicts 10% fall-off in group business
ATLANTIS is looking forward to a “very strong” July and August, although its president and managing director told Tribune Business yesterday that the resort might 2014 down 10 per cent year-over-year on group business.
Minister: New FATCA-Style threats 'not that imminent'
The threat from other FATCA-style tax information sharing mechanisms is “not as imminent as people think”, the Minister of Financial Services said yesterday.
LPIA in 11% Memorial Day arrivals decline
PRELIMINARY figures show passenger traffic was down at the Lynden Pindling International Airport (LPIA) over the US Memorial Day Weekend, with international arrivals down 11 per cent over the same period last year.
Royal Bank sponsors suffrage production
Royal Bank of Canada (RBC) has part-sponsored the production of ‘Womanish Ways, Freedom, Human Rights and Democracy’, a documentary about the women’s suffrage movement in the Bahamas.
Sandals Foundation backs BNT on conch
The Sandals Foundation is backing the C-FISH Fund as one of its commitment to the ‘Caribbean Challenge’, an initiative that calls for protected zones along the region’s coasts by 2020.
'Premature' energy tender' in 30% renewables goal
“Overzealous” officials have prematurely released a bid document for Family Island alternative energy projects, which reveals the Government aims to generate almost 30 per cent of their power needs from renewables by 2015.
