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Getting the fine details correct

Owning a business can be like navigating a small yacht through a tropical storm that threatens to snap the masts, or take out the sails. On other days when things are going better, managing a firm effectively can be more a matter of subtle changes of direction as the market shifts. Here are my thoughts on this.

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URCA to host utility regulation conference

The Utilities Regulation and Competition Authority (URCA) will host the 10th annual conference of the Organisation of Caribbean Utility Regulators (OOCUR), from November 7-9 next week at the Grand Lucayan Resort .

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Speed Week unveils $1m economic impact

Bahamas Speed Week’s organisers yesterday said that despite themselves incurring financial losses, its inaugural revival - after a 48-year hiatus - last year pumped more than $800,000 into the Bahamian economy.

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Butler training graduates 21

The butler for Governor General Sir Arthur Foulkes, Edwardo Cox, was one of 21 Bahamians celebrating their graduation from a month of training with the Guild of Professional English Butlers at Sandals Emerald Bay this past week.

Festival goers assess Bahamas' film potential

Attendees at this year’s Florida International Film Festival (FLIFF) On Location: Grand Bahama braved Hurricane Sandy, with the Bahamian stage of their event still considered a success.

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Cable dismisses tying rate rise to Florida deal as 'unfounded'

Cable Bahamas yesterday described as “completely unfounded” claims that its proposed basic cable TV rate rise was only intended to finance its $65 million Florida expansion, adding that the increase was necessary to meet Bahamian regulatory requirements.

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City Markets: 'Stuck' $3.5m deal holds-up staff payout

City Markets workers have yet to receive their severance pay and benefits because the $3.5 million sale of the former supermarket chain’s leasehold interests has still to formally conclude, Tribune Business was told yesterday.

Bahamas broker 'pliant' in claimed investment fraud

The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.

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City Markets chief's 'legal action' pledge over Harbour Bay site

The former City Markets’ supermarket chain’s principal yesterday pledged to take “strong legal action” against its ex-Harbour Bay store’s landlords and BISX-listed AML Foods, arguing that his company was current on rental payments when the lease was terminated.

Airlift hiatus sparks Bimini hotel lay-offs

THE Bimini Big Game Club has lost nearly 50 reservations, equalling “a few hundred” room nights, due to United Express/Silver Airways’ decision to suspend its services to the island following the temporary closure of the Bimini Bay Resort.

Subdivision Act 'complicating' permit process

A leading developer has warned that the Bahamas could slip further than 77th in the World Bank’s Ease of Doing Business rankings unless it reforms the Planning and Subdivisions Act, as this has “drastically complicated” real estate permitting.

Shattering the designer myths

Use Art of Graphix logo from Business logos. Byline ‘By Deidre M. Bastian’, and use Pic of Deidre Bastian as e-mailed

Bahamas must 'get ahead' of G-20 plans

The Minister of Financial Services yesterday said the Bahamas had to “get ahead” of the policy cycle when it came to G-20/OECD initiatives targeting international financial centres, and become more than an ‘offshore centre’.

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Cruise lines resume private island calls

Cruise lines yesterday said there had been some cancellations in calls to their private islands in the Bahamas due to repairs that became necessary in the aftermath of Hurricane Sandy.

Engage private sector for hurricane response

We will begin this discussion back in 2005 with Hurricane Katrina, considering we are still reeling from the impact of Sandy here in the Bahamas.