Sandy catches some retailers 'off-guard'
Bahamian food stores saw their normal level of hurricane business last week according to several retailers, with one telling Tribune Business the spike in demand had challenged his inventory levels.
Atlantis set to regain 'lot of lost bookings'
Despite losing “a lot of bookings” due to Hurricane Sandy, Atlantis is set to regain them after “most” rebooked for later in 2012.
Gov't raising short term debt limit 20%
The Government is increasing its short-term debt limits by 20 per cent, from 50 to 60 per cent, via reforms to the Financial Administration and Audit Act.
Accounting firms supply FATCA seminar presenters
As part of its Business Seminar Series, the Bahamas Financial Services Board (BFSB) is hosting a follow-up symposium on the Foreign Account Tax Compliance Act (FATCA) on October 29, 2012, in collaboration with the Ministry of Financial Services and the Professional Industry Associations (PIAs) that are part of its Professional Industry Association Working Group (PIAWG).
Bahamas Waste chief: 'Stock 30% below true value'
Bahamas Waste yesterday became the latest BISX-listed company to unveil a share buyback programme, its managing director suggesting that its stock was undervalued by around 30 per cent.
'Surprise' Bahamas as high as 68th on construction permits
A leading contractor yesterday said he was “surprised the Bahamas ranked as high” as 68th in the world when it came to processing construction permits, suggesting the industry could generate “a lot more jobs” if the process was more efficient.
Cruise tourists: 98% to endorse Nassau vacation
Some 98 per cent of cruise passengers who came ashore in Nassau/Paradise Island said they would recommend the Bahamas to friends and relatives, a Ministry of Tourism survey finding that those on Disney vessels spent an average $20 more than those travelling with rival lines.
Self-starter wins sub-contract award
BAHAMAS Striping, the self-starter grant-winning striping company, has won the Bahamas Contractors Association (BCA) Level I Sub-Contractor of the year award.
THE ART OF GRAPHIX: Combating the killer virus
Ever wondered where computer viruses come from?
Sandy unlikely to be 'significant insurance loss'
A Bahamian general insurer yesterday said it did not expect Hurricane Sandy “to become a significant loss” event for the property and casualty industry, although it was “not counting our chickens” just yet.
World Bank study slashes Bahamas' competitiveness
The Bahamas is standing still and allowing rival jurisdictions to “leapfrog” it on economic competitiveness, the Chamber of Commerce’s chief executive warned yesterday, after this nation slipped another six spots to 77th in the World Bank’s Ease of Doing Business rankings.
Threefold short-term debt rise'too much'
By NEIL HARTNELLA former state minister for finance yesterday blasted the Government’s plan to increase its short-term debt limit three-fold as “alarming” and “too much”, suggesting to Tribune Business the move had resulted from this administration’s spending excesses.
AML to enjoy $1.15m cash flow boost
AML Foods’ $10 million private placement will free up a total $1.152 million in cash flows over the next two years, its chief executive yesterday confirming the issue will double the company’s preference share investors to six.
PM eyes 100,000 more GB visitors
PRIME Minister Perry Christie said yesterday that he expects the Sunwing Travel Group to bring more than 100,000 visitors a year to Grand Bahama, while acknowledging that the Government spends far too much annually in subsidising that island’s tourism industry.
Standing out from the pack
By D’Arcy RahmingMany times I’m called in as a consultant to advise on a marketing strategy. Since “everyone“ is an expert in marketing (I’m kidding, folks), I only work with key decision makers and owners.
