Investor injects $1.099m more into oil recovery plant
A UK-based investor yesterday said it had invested another $1.099 million into a Grand Bahama-based company to help finance its Freeport-based oil hydrocarbon recovery plant.
IDB approves $150k micro credit project
The Inter-American Development Bank (IDB) has approved a $150,000 project that will see Transfer Solutions Providers (TSP), the Mango card provider, develop a method for assessing the creditworthiness of so-called ‘unbanked’ clients.
Grand Lucayan in conference boost
THE Grand Lucayan is reporting a year-overyear increase in conference room nights booked, highlighted by a recent 4,000 room night event.
FNM chairman blasts Cable's 'arrogance'
THE FREE National Movement’s (FNM) chairman yesterday blasted Cable Bahamas (CBL) as being “wantonly arrogant” in its response to rejection of its monthly SuperBasic TV rate increase proposal, telling Tribune Business the company had not been sensitive to quality of service concerns raised by consumers.
McCartney to speak at legal conference
Democratic National Alliance (DNA) leader Branville McCartney has been selected as one of two Bahamian attorneys to address an international meeting of lawyers and judges, when the National Bar Association (NBA) holds its mid-winter conference in Nassau this week.
MARKETING REVOLUTION: Firms, consultants must understand the customer
“Listen to me, son, we don’t need all of this marketing stuff.” I was told this recently by a client who I had done an online university for.
Hotel union still refuses Wyndham lay-off package
HOTEL union officials yesterday said they were still instructing laid-off Wyndham employees not to accept separation packages, adding that they were hoping for further word from Prime Minister Perry Christie on the matter.
Multi-million bidding war erupts for Hilton
A bidding war has erupted for downtown Nassau’s British Colonial Hilton resort, with at least two rival groups - one said to have Bahamian involvement - emerging to challenge the $74 million offer submitted by a multi-billion New York asset manager.
URCA 'categorically denies' forcing Cable digitisation
The Utilities Regulation & Competition Authority (URCA) has “categorically denied” that it ordered Cable Bahamas to ‘digitise’ its network and require consumer to purchase Set Top Boxes (STBs), disclosing that the company could have selected a “more cost effective” solution.
Cable blasts URCA 'frolic'
Cable Bahamas yesterday blasted regulators for engaging “in a frolic”, a senior executive accusing them of operating “inside, outside and above the law” over a decision that will cost the company “millions and millions of dollars”.
Ex-GG 'buys into' utility criticism after TV cut-off
A former Governor General says her experience with Cable Bahamas after it disconnected her TV service enabled her to “buy into [the] denunciation” of Bahamian utility services, adding that this nation was falling “so short” of its ‘full Bahamianisation’ ideal.
Bahamas requires 5-7% GDP growth
The Bahamas needs to achieve consistent record economic growth of between 5-7 per cent over a five-six year period to absorb both its existing 30,000 unemployed workers, and school leavers, into the workforce.
Canadian diplomat seeks Oceania dispute 'update'
Canada’s newly-appointed Bahamas High Commissioner has “requested” that the Christie administration provide him with a report on the controversial Oceania Heights dispute, it has been disclosed.
Realtor receives President's Award
Veteran Bahamian realtor, Larry Roberts, captured the NAI Global President’s Award at the organisation’s recent Commercial Real Estate Conference.
URCA focuses on service standards
THE Utilities Regulation & Competition Authority (URCA) plans to introduce quality service standards for the communications industry this year, in a bid to tackle network availability and dropped calls.
