CHAMBER VOICE: Making the grade in export world
THERE are many small, medium and large businesses in the Bahamas who, on their own admission, would love to enter the global arena by exporting their goods and services throughout the region and world.
Bahamas, Caribbean can't sustain government size
MOST Caribbean countries cannot sustain their existing size of government, a regional economist telling Tribune Business they needed to look at facilitating greater investment across the region.
Auto dealers in 'uphill battle' over duty rates
FREEPORT-based auto dealers are hoping that write-ups from the recent Auto Show translate into more sales, one describing the industry’s current duty rates/structure on vehicle imports as an “uphill battle”.
Government unlikely to set auto age restrictions
A BAHAMIAN auto dealer believes the Government will not implement age restrictions on Japanese used vehicle imports, despite being petitioned to do so numerous times by the Bahamas Motor Dealers Association (BDMA).
Making the grade in export world
THERE are many small, medium and large businesses in the Bahamas who, on their own admission, would love to enter the global arena by exporting their goods and services throughout the region and world.
Cable pushes US fast track on 'substantial break-up fee'
Cable Bahamas is seeking ‘fast track’ approval for one of its US acquisitions by December 15, Tribune Business can reveal, on the grounds that it would be exposed to “a substantial financial loss” if the deal failed to close by that date.
CIBC FirstCaribbean gives $25k to downtown upgrades
CIBC FirstCaribbean International Bank (Bahamas)has made a $25,000 donation towards the revitalisation of Nassau’s city centre.
Auto dealer backs 'engine size' duty
A leading Bahamian auto dealer yesterday backed the Government’s move to switch the industry’s duty structure to one based on import size, but railed against rates that are “strangling” new car and commercial sales.
UBS cuts 10 staff
TEN UBS (Bahamas) employees were laid-off yesterday, executives confirming that the Swiss banking giant was proceeding with the realignment of its business model.
$74m Hilton deal said 'very close'
A $30 billion New York asset management firm is “very close” to having a $74 million bid to acquire the British Colonial Hilton hotel accepted, Tribune Business has been told.
Speed Week eyes 'break even' on $2M, Investment
BAHAMAS Speed Week Revival organisers said yesterday they were looking to generate at least 1,000 room nights, and hope to get close to breaking even this year after investing nearly $2 million in the upcoming event.
How to calculate your probability of success
When planning to visit an unfamiliar place on holiday or business, I always call on Google maps to find out how to get there first. Very much the same applies to beginning a start-up company or any other project. You need a vision of how you are going to get there, and what it is you’ll need along the way.
PM meets religious media journalists
Prime Minister Perry Christie has met with visiting religious media personnel from across the USand Canada.The group led by the Bahamas Ministry of Tourism’s deputy director for the religious market, Linville Johnson, visited Nassau and Grand Bahama on their recent trip.
Domestic insurers told: Look at wealth management link-up
THE MINISTER of Financial Services said yesterday that the Bahamas should develop insurance as a major component of the financial services industry, telling Tribune Business that domestic underwriters could participate in the international insurance market via collaboration with traditional financial providers.
Colina profits rise more than five-fold
Colina Holdings (Bahamas) yesterday said net income available to ordimary shareholders had more than quintupled year-over-year, hitting $7.1 million for the first nine months of 2012 compared to $1.3 million last year.
