Gaming Board in US on reform mission
Members of the Bahamas Gaming Board (GBB) and the Bahamas Hotel Association (BHA) Casino Committee are on a fact-finding mission at the Global Gaming Expo 2012 (G2E), the industry’s largest conference and trade show.
Court orders BEC: 'fully consult' on $105m power plant
The Bahamas Electricity Corporation (BEC) has been ordered by the Court of Appeal to engage in “full and proper public consultation” over the operation of its new $105 million Abaco power plant, a move the project’s opponents yesterday described as “a victory for the entire Bahamian public”.
Gulf Union: Liquidators ready $0.10 dividend
Liquidators for Gulf Union Bank (Bahamas) are preparing to pay a further “10 cents on the dollar” dividend to the now-defunct institution’s creditors, having returned a total $7.456 million to-date.
Bahamas close to covering 50% of infrastructure gap
The Bahamas is close to covering 50 per cent of the $2.1 billion infrastructure gap identified five years ago by a leading accounting firm, a senior executive yesterday saying it will be impossible for this nation to meet all its needs without private investment capital.
Bahamas top climber in Financial Index
Despite achieving the highest points climb, the Bahamas is “not satisfied” with its continued position near the basement of the Global Financial Centres Index 2012, a senior executive told Tribune Business last night .
The eyes have it in making sales
“Look me in the eye when I am speaking to you,” I heard the father tell his son. I was in a comic book store in Evanston, Illinois.
Bimini hotel set to host Wahoo Smackdown
The Bimini Big Game Club Resort & Marina yesterday announced it will host the Bahamas Wahoo Smackdown fishing tournament between November 15-17.
Bosses aim to inspire future generations
Young professionals who have been dreaming about leaving their 9am to 5pm to become their own boss will get some candid advice from three of the country’s seasoned business owners during a panel presentation on Thursday, October 4. The event is free to the public and takes place at The Nassau Yacht Club from 6:30pm.
‘Don’t tax people out of business’
THE Government was yesterday again urged to take a serious look at the Bahamian aviation industry, one senior airline executive telling Tribune Business that continued fee increases could effectively tax local carriers out of business.
SAFE & SECURE: How to select the best security team
A few years ago I had the pleasure of working for a major developer/investor here in the Bahamas, who specialises in gated developments and is a major player in three high-end communities in the Bahamas.
Arawak Port 'right in line' via 31,000 volume
Arawak Port Development Company’s (APD) potential $45 million private placement is unlikely to take place until the New Year, Tribune Business was told yesterday, with the 31,000 twenty-foot equipment units (TEUs) handled since April putting its container volumes ahead of projections.
Doctors: Patient days down 25% from 2010
Doctors Hospital Health Systems yesterday told Tribune Business it was “in the third year of a downward trend”, with patient days off 25 per cent compared to 2010 as it eyes “measurable growth” from its re-opening Bahamas Medical Centre.
Consultant: 'I've lost 50% of my client base'
A leading small business consultant told Tribune Business he has “lost at least 50 per cent” of his client base over the last three years, as he urged potential microlenders to focus on the technology, manufacturing and creative sectors.
Oil explorer pegs first well spend between $100-$120m
THE Government needs to find “the right formula” for stable economic development in the Family Islands, according to outgoing Exuma Chamber of Commerce president, Floyd Armbrister, who yesterday said boutique-type resort properties were the way forward.
BFSB elects new Board members
The Bahamas Financial Services Board (BFSB) has held its 2012 Annual General Meeting (AGM), electing a new Board of Directors for the 2012-2014 term. Its officers will be selected at an early Board Meeting.
