Jitney sector alarm on IPO, Gov't's 20% stake
Jitney industry players yesterday expressed major reservations over plans to unify Nassau’s public bus system, one saying he could not support a proposed initial public offering (IPO) and granting a 20 per cent equity stake to the Government.
Broker/dealer's 'strong case' for vindication
Attorneys for Gibraltar Global Securities and its principal, Warren Davis, yesterday expressed confidence they would be totally cleared of all charges, and accused US regulators of employing “bullying tactics” against their clients.
Business blasts 'reprehensible' Atlantis Immigration swoop
Stunned Bahamian businesses yesterday described the Immigration Department’s ‘raid’ at Atlantis as “simply reprehensible”, warning that such actions were counterproductive to the Government’s key objectives of economic growth and job creation.
Colina's 'new life' after segment's 75% profits reduction
Colina Insurance is set to launch a new individual life “product suite” during the 2013 first half, in a bid to “boost sales volumes” after the segment’s net income contribution dropped 75 per cent in 2012.
Developer: 65% of family homes sold
A $200 million New Providence real estate project is on pace to sell 24 units this year, its marketing head telling Tribune Business yesterday that the development had been a “huge success” within the Bahamian market.
Brewery celebrates $1.6m Nassau opening
The Bahamian Brewery and Beverage Company has extended its New Providence distribution footprint through the opening of its $1.6 million warehouse, retail and office complex on Nassau Street.
McCartney honoured with BACO award
RBC FINCO’s managing director, Tanya McCartney, has been awarded the 2013 Cheryl Bazard Founding President’s Award.
BTC urges more flexible cellular pricing process
The Bahamas Telecommunications Company (BTC) yesterday called for more flexible cellular pricing opportunities, as part of its preparations for the sector’s impending liberalisation in 2014.
ART OF GRAPHIX: Design techniques for tough clients
Difficult clients come in all shapes and sizes, and it is important to learn how to deal with them.
Palm Cay eyes 'Filet mignon' in Condo hotel
A $200 million New Providence real estate project is on pace to sell 24 units this year, its marketing head telling Tribune Business yesterday that the development had been a “huge success” within the Bahamian market.
Exuma hotels in regatta boost
EXUMA resorts are eyeing full occupancy this week, with the annual Regatta providing a boost to the island’s economy.
Bahamas 'best positioned' for automatic tax information
The Bahamas is the world’s “best positioned” financial centre when it comes to thriving in an automatic tax information exchange environment, a Cabinet Minister said yesterday.
Vehicle title system now 'vital necessity'
A proper title system has become “a vital necessity” in combating exploding levels of auto fraud and theft, a leading auto dealer yesterday telling Tribune Business that talks between government and industry players were “heading in the right direction” to create one.
Clearing House targets 2m transactions in 2013
The Bahamas Automated Clearing House (BACH) is aiming to process “close to two million” electronic banking transactions in 2013, and yesterday confirmed it planned to introduce Customer Initiated Entries (CIEs) this year.
Bank to ‘sneak’ growth on 38% market share
Commonwealth Bank is targeting a 2013 “revamp” for its Internet banking service that saw an 11 per cent activity increase in 2011, its president yesterday expressing optimism that it could also “sneak” market share growth.
