Oil driller: 'Very strong case' for Bahamians to back oil exploration
The Bahamas Petroleum Company’s (BPC) chief executive yesterday said there was a “very strong case” for the Bahamian people to vote in favour of oil exploration, arguing that there were few alternatives that could match its projected $30 billion impact on government revenues.
Gov't 'refused' to give oil driller full compliance
The Government yesterday said it had “refused” to provide the Bahamas Petroleum Company (BPC) with documentation confirming it was in full compliance with its licence terms and conditions, saying there were “outstanding” environmental issues that needed to be addressed.
Will referendum score the required numbers?
While in a restaurant recently, a friend and her party happened to be seated at the table next to mine.
Tackle the causes, not the results of crime
A t the time of writing this I am at the 58th American Society for Industrial Security Conference here in the ‘City of Brotherly Love’, Philadelphia, Pennsylvania. It has been a busy first two days, with classes starting from Sunday, and we are still at it.
Rival carriers to fill Spirit's 10 per cent 'market breach'
A senior Nassau Airport Development Company (NAD) executive yesterday said the airport operator expects rival carriers will “fill the breach” and pick up the 10 per cent market share being relinquished by Spirit Airlines on its Nassau-Fort Lauderdale route.
Government confirms oil driller's licences
The Government has confirmed that oil explorer Bahamas Petroleum Company (BPC) has fulfilled all its required licence and regulatory obligations, effectively renewing the oil explorer’s licences for another three years.
Mortgage Plan to have 'zero' lending stimulus impact
THE Government’s $10 million contribution to the Mortgage Relief Plan will only go to bank profits and have “zero” impact in stimulating new lending, a top accountant saying Bahamians’ debt burdens will be a “drain on the economy for many years”.
BFS chief 'unaware' of any purchase deal
BAHAMAS Food Services’ (BFS) top executive has told Tribune Business he is ‘unaware’ of any potential deal to acquire the leading food distributor, despite market talk that a purchase offer was being discussed.
Bahamian fishing vessels top region for productivity
BAHAMIAN fishing vessels are the most productive in the Caribbean due to the “high market value” of crawfish and their other catches, a study has revealed, although less than 18 per cent of the industry’s workforce has received formal fisheries training.
Bahamas urged: Alter 'comparative advantage'
The Bahamas must alter its “comparative advantage” and target new industries to generate economic growth, a US-based scholar and fellow academics have argued, with tourism’s “compartmentalisation” limiting its benefits.
Firing can lead to them thriving
MANY employers struggle with the decision of whether or not to terminate employees who have proven themselves as liabilities rather than assets.
First Bahamian Baha Mar sale recorded
REALTOR Mario Carey has recorded the first Bahamian sale of one of Baha Mar’s 307 luxury residences. The private, freehold residences are available for sale and located within each of Baha Mar’s hotels, and Mr Carey reported the first local sale of a residential unit within the $3.5 billion resort campus one week after his firm hosted a formal presentation on them.
Speed Week revs up its economic impact
Danny Ferguson (left) Bahamas Speed Week’s logistical guru is photographed with Brendon Foulkes, Speed Week’s Bahamas Hospitality & Entertainment Director; Jimmie Lowe, president of Bahamas Speed Week and Hon. Philip ‘Brave’ Davis, Minister of Works. Ferguson is the go-to guy for everything from police coordination, coordination with governmental Ministries resulting in site improvements - paving, landscaping, lighting, the track - banners, the circuit, for human safety and for the security of rare cars.
Financial conference aims to beat 220-delegate count
By NATARIO McKENZIE
BFS may have a perspective buyer
THE Gladstone Road based food wholesaler Bahamas Food Services (BFS) may have a perspective buyer as some in the business community have suggested, although BFS manager Don Carnine told Tribune Business that he had no knowledge of such developments.
