Consolidated beats WaterCorp supply target by 17%
BISX-listed Consolidated Water yesterday said that for 2013 to-date its Blue Hills reverse osmosis plant had supplied the Water & Sewerage Corporation with water volumes 17 per cent above what its contract required.
$225m trade market must be 'more modest'
The Grand Bahama Port Authority’s (GBPA) chairman yesterday suggested that if the $225 million World Mart project had been initiated with more “more modest” aspirations and size, it “would probably have been off the ground by now.”
Marco's Pizza to add 50 jobs in GB move
CONSTRUCTION of a water park on that is expected to entice more cruise passengers to come off their ships is scheduled for the 2013 second quarter, according to Grand Bahama Port Authority chairman (GBPA) Ian Fair, who said the project is being spearheaded by a “seasoned operator”.
$500m impact and counting
Arawak Homes’ development of Pinewood Gardens unleashed a $500 million economic impact spread over 30 years, its chairman said yesterday, telling Tribune Business that over 80 per cent of the lot sites it acquired have been built upon.
Gov't urged: 'Be open minded' on $17.9m key to downtown revival
A LEADING realtor has called on the Government to be “open minded” over what it permits to be developed ay the $17.9 million Union Wharf property, telling Tribune Business that the four-acre site is key to “bringing life back to the city” and the overall revitalsation of Bay Street.
Water Corp's debts spike to $7.6m through 'financial woe'
The Water & Sewerage Corporation’s “financial difficulties” caused the sums it owes to BISX-listed Consolidated Water to jump to $7.6 million at year-end 2012, it was revealed last night, with the company refusing to obtain a performance bond until this amount was paid.
Bank creditors 'upset' over dividend delay
Creditors of the now-defunct Gulf Union Bank (Bahamas) and Suisse Security Bank & Trust are “pretty upset” there has been further delay in recovering what they are owed, a Bahamian attorney yesterday describing this as “totally unnecessary”.
Super Value chief in new copper ban call
Super Value owner Rupert Roberts yesterday renewed calls for a ban on copper exports after his Wulff Road store sustained “thousands” of dollars in damages Tuesday night, and warned the thieves “could bring the country to its knees” if unchecked.
Top realtor: Luxury market eyes rebound
THE Bahamian luxury real estate market could be poised for a rebound this year following a disappointing 2012, a top realtor believes, adding that inventory shortages were always a possibility in such a small market.
Upgrades boost LPIA satisfaction scores
Upgraded airport facilities and changes to the Nassau Airport Development Company’s (NAD’s) staffing structure have led to higher passenger satisfaction scores at the Bahamas’ major airport.
THE ART OF GRAPHIX: Presentations must hit the right note
Have you ever met anyone who does not enjoy music? Well, I have met a few who do not like art, dancing, sports, movies or even socialising..... but music? Almost everyone likes some sort of music.
Oil recovery plant eyeing expansion
A Freeport-based oil recovery plant is in talks with the Grand Bahama Port Authority (GBPA) over design modifications designed to facilitate its future expansion, having received inquiries about processing 500,000 gallons of ‘slop’ in the past six weeks.
Minister addresses manufacturer issues
The Minister of Financial Services met with the Light Manufacturers’ Association at its general meeting last week to address concerns surrounding tax reform and World Trade Organisation (WTO) accession.
Bahamas pushes on captive insurance
The Bahamas took further strides to attract captive insurance business at the annual CICA International Conference, which took place from March 11-12 in Palm Springs, California.
Tourism 'linchpin' to grow 5.2% in '13
The tourism industry’s direct contribution to Bahamian gross domestic product (GDP) is projected to increase by 5.2 per cent in 2013, it was revealed yesterday, showing services will remain the nation’s “economic linchpin for this generation”.
