Rum Cay 'adventure tourism catalyst'
RUM Cay is shaping up as the “catalyst for adventure tourism” in the Bahamas, a resort owner and operator on the island telling Tribune Business yesterday that this market could serve as a “gap filler” for Family Island resorts in the “off season”.
Crawfish season off to slow start
THE crawfish season appears to have gotten off to a slower start that usual in terms of yield, the Bahamas Commercial Fishers Alliance president said yesterday, although it was still too early to call the the season a bust.
Mortgage relief plan a 'significant step forward' says developer
A LEADING Bahamian property developer said yesterday that while the government’s Mortgage Relief Plan does not “totally solve the problem” it was a “significant step forward”, telling Tribune Business that tackling the foreclosed homes issue would have a trickle down affect on new home construction.
URCA completes initial review in BTC network outage investigation
THE Utilities Regulation and Competition Authority (URCA) has completed its initial review in its investigation of the Bahamas Telecommunications Company’s (BTC) network outage, the communications regulator announced yesterday, stating that it had also requested three years of preventative maintenance records from the company.
Stamp Duty reduction 'across the board' would generate higher buyer interest says developer
REDUCING the Stamp Duty on property deals across the board would generate greater buyer interest and help property sales “tremendously” according to a local developer.
Cloud computing start-up eyes finance sector as "prime target."Virtualized IT solutions to increase productivity and cost savings.
A BAHAMAS-based Cloud computing start-up sees the Bahamas’ finance sector as a “prime target” for its offerings, its director telling Tribune Business that the firm’s virtualized IT solutions could increase productivity by 48 per cent and provide thousands of dollars in cost savings.
Better pricing... the key to local shopping
MANY Bahamians travel to the United States for a vacation experience during the summer months. Most of these Bahamians travel with one purpose in mind: Shopping.
BAIC, NAHS continue to pioneer revolutionary agricultural programme
Believing in fostering the development of a new generation of Agricultural Entrepreneurs, BAIC along with North Andros High School, Agricultural Science teacher and project manager, Mr Rai Budhup, continues to pioneer this revolutionary programme.
Sands: Mortgage Corp will need $40-$50 million injection
THE Bahamas Mortgage Corporation (BMC) will need an injection of $40-$50 million ‘in the near future’ to maintain its financial viability according to former Mortgage Corporation Chairman Dr Duane Sands.
WTO accession said to open up new markets for domestic manufacturers
THE Bahamas’ accession to the World Trade Organisation (WTO) will open up new markets for domestic manufacturers according to Minister of Financial Services Ryan Pinder who told Tribune Business that trade agreements would ensure the sector would be protected from issues such as dumping.
Family Island businesses need incentives and concessions says Eleuthera Chamber president.Chamber chief says there is optImism over island's economic outlook.
BUSINESSES in the Family Islands need to be incentivised and allowed to access multiple concessions says Eleuthera Chamber of Commerce president Thomas Sands who told Tribune Business that there was a sense of optimism about the island’s economic outlook.
How businesses can be even better in Grand Bahama
FREEPORT — Husband and wife team Bruce and Mora Chee-a-Tow are two of several business owners in Grand Bahama exploring ways to improve operations following an official visit by Financial Services Minister Ryan Pinder to their Island Bedding warehouse. \
grand bahama 'can be industrial capital of the bahamas' minister optimistic about manufacturing potential
By NATARIO McKENZIE
Sands: $10 million mortgage plan allocation 'absolute drop in the bucket'
THE $10 million allocated by the government towards its Mortgage Relief Plan is ‘an absolute drop in the bucket’, considering the current value of at-risk mortgages according to former Bahamas Mortgage Corporation Chairman Dr Duane Sands who claimed the plan amounted to ‘tokenism’.
Forbes: Employment Act reforms main concern for sector
PROPOSED Employment Act reforms are the greatest concern to the sector according to Bahamas Contractors Association (BCA) president Godfrey Forbes who told Tribune Business that reforms could impact labour costs by as much as 30-35 per cent.
