Small resort model 'can be much better'
The Bahamian small hotel business model “can be much better”, a resort’s managing partner believes, adding that Abaco is not a “deal/discount” destination.
100 per week inquire on mortgage relief
25% qualify for assistance
AN average of 100 persons per week have inquired about the Government’s Mortgage Relief Plan since it began earlier this month, its director of economic planning yesterday saying that 25 per cent have qualified for it.
Bahamas to establish China tourism offices
The Ministry of Tourism is looking to generate greater business out of the Chinese market, and is looking to establish new offices in China in January 2013.
Contractor chief: ‘I cut 80% of staff to survive’
The Bahamian Contractors Association’s (BCA) president yesterday told Tribune Business he was forced to lay-off 80 per cent of his own staff “just to survive”, as he called on the Government and private developers to bring “sweet relief” by kickstarting the housing market.
‘The hottest place in the Out Islands’
Developers behind Abaco’s Schooner Bay community yesterday expressed confidence it would become “the hottest place to be in the Out Islands” within five years, telling Tribune Business all infrastructure/utilities work would be completed by December 2012.
BTC targets early 2013 for system ‘10x faster’ than 4G
THE Bahamas Telecommunications Company (BTC) plans to introduce its Long Term Evolution (LTE) network within the first three months of 2013, the company’s chief executive telling Tribune Business yesterday that the full roll-out would require 12-18 months.
Online Out Island bookings set for January launch
THE Ministry of Tourism (MOT) will introduce an online booking system for Family Islands resorts in January 2013, the minister of tourism said yesterday, noting that many properties were challenged on reservations.
‘Held hostage’ for 18 months
A niche Bahamian telecommunications provider is aiming to get back into the home phone and Internet market, after being “held hostage” for 18 months while the industry’s interconnection/call termination issue were sorted out.
Resolve required on image quality
Have you ever downloaded an image from the Internet and printed it, only to have results that were, well, less than you expected?
Treat S&P warning like ‘approaching hurricane’
The Bahamas’ fiscal woes are in danger of becoming “a real millstone around the nation’s neck”, a key Ministry of Finance consultant has said, adding that Wall Street’s alarm bells should be treated “as seriously as an approaching hurricane”.
$144m LPIA phase 2 to open October 16
Lynden Pindling International Airport’s (LPIA) $144 million international arrivals terminal is set to open on October 16, it was announced yesterday, some 30 per cent of total construction contract value having been awarded to Bahamians.
BFSB enters language deal
The Bahamas Financial Services Board (BFSB) has announced a partnership with Livemocha, the world’s largest language learning service, which offers online language courses to over 14 million members from all countries.
Bahamas now ‘Priceless’ for MasterCard clients
THE Bahamas has been added to MasterCard Worldwide’s ‘Priceless Cities’ global platform, with the credit card company annoucing its ‘Find Your Way’ programme had evolved into ‘Priceless Bahamas’.
Telco eyes staff ‘tripling’ through 25% revenue rise
A niche Bahamian telecommunications operator yesterday said it planned to triple staff numbers by 2012 year-end, as it moves to ‘ramp up’ ahead of an expected 25 per cent year-over-year revenue increase in 2013.
S&P outlook slash was ‘not inevitable’
An FNM Senator yesterday said Wall Street’s latest outlook downgrade for the Bahamian economy was “not inevitable”, and could have been prevented if the Christie administration had taken proactive action to tackle this nation’s fiscal crisis
