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Eleuthera residents oppose $20m sale of Lighthouse Point

  Eleuthera residents are opposing the $20 million sale of the 700-acre Lighthouse Point peninsula on the island’s southern tip, the the head of a non-profit organisation yesterday calling for an end to the cycle of “land speculation”.

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SAFE & SECURE: How to become a resilient business

From time to time, companies experience events that disrupt business and their ability to provide service, consequently impeding revenue streams.

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MARKETING REVOLUTION: Honesty the best policy for online reputations

“I don’t want a Facebook page,” one of my clients told me emphatically.

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.

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PMH Critical Care Block 80% complete

THE $53 million Princess Margaret Hospital (PMH) Critical Care Block is roughly 80 per cent complete, Cavalier Construction’s managing director yesterday telling Tribune Business it was targeting an end-July competition.

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$5m Blackbeard's Cay upgrade eyes 100 jobs

More than $5 million has been invested in redeveloping Blackbeard’s Cay into an upscale visitor experience that will create 100 jobs, one of its principals said yesterday, arguing that Bay Street “no longer represents the Bahamas”.

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Energy sector liberlisation 'in 18 months' if will exists

The Bahamas could start to liberalise its energy sector within 18 months if the political will existed, a leading attorney said yesterday, adding that this nation had to “stop the madness” of spending more than $900 million per annum on oil imports.

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Brazilian providers eye Bahamas presence

Brazilian financial services providers are interested in establishing a physical presence in the Bahamas, a Cabinet Minister said yesterday, adding that he wanted to “leverage the success” this nation has had there to crack new Latin American markets.

Ownership transfer proposed for strife torn Oceania project

Oceania Heights’ developers are proposing to transfer control to a homeowners association, prompting a key player in the negotiations to yesterday say he was “more hopeful than ever” that a solution for the controversy-torn project is in sight.

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NAD 'deeply concerned' on US air traffic cuts

THE NASSAU Airport Development Company (NAD) said yesterday it was “deeply concerned” over the impact of US air traffic control staff reductions, in addition to similar cuts at US Customs & Border Control (USCBP) operations at the Lynden Pindling International Airport (LPIA).

Realtor launches its specialist golf site

Damianos Sotheby’s International Realty yesterday announced the worldwide brand’s launch of a specialist golf market website.

South Ocean masterplan ready in '30-45 days'

A masterplan for the still-closed South Ocean resort should be completed within the next 30-45 days, Tribune Business was told yesterday.

Contractors chief to bring members 'up to scratch'

THE Bahamian Contractors Association (BCA) yesterday said it was pushing for internationally-recognised certification for small/medium-sized firms, which make up 80-90 per cent of the industry.

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Blackbeard's Cay: Bay Street's 'grave fears'

Prime Minister Perry Christie has directed government officials to investigate the multi-million dollar redevelopment of Blackbeard’s Cay into an all-inclusive cruise passenger destination, after downtown Nassau businesses expressed “grave concerns”.

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Bahamas' 27 tax deals face new G-20 pressures

The Bahamas will likely come under immediate pressure to convert its existing 27 Tax Information Exchange Agreements (TIEAs) into the ‘automatic sharing’ variety, after the G-20 last week “eliminated all doubt” that is now its goal.