Border control remians a challenge says Customs comptroller
BORDER control remains a major concern for customs according to its Comptroller Charles Turner who said that a large portion of the $16.5 million Inter-American Development Bank (IDB) loan would be used to train customs officers for WTO accession.
Port throughput volumes expected to 'take off' in October
THE Nassau Container Port (NCP) could see an additional 200 units per week as a result of the Baha Mar project according to Arawak Port Development (APD) CEO Michael Maura who told Tribune Business that container throughput volumes were expected to ‘take off’ in October.
$17M invested in in-land break-bulk facility at Gladstone Road
THE Arawak Port Development Company (APD) said yesterday that approximately $17 million has been invested in the in-land break-bulk facility at Gladstone Road.
Sky Bahamas looking to further expand its domestic service.
SKY Bahamas CEO Randy Butler said yesterday that the carrier was looking to expand its domestic service to Long Island beginning as early as November, telling Tribune Business that it was also looking to resume its San Salvador service.
Consolidated Water expected to close on water deal ‘very soon’
BISX-listed Consolidated Water said that it expects to ‘very soon’ close the deal for a 50/50 joint venture 25-year water exclusivity franchise for western New Providence, its President and Chief Operating Officer saying that the company had anticipated closing the transaction on or by June 30.
BAHAMIAN CONTRACTORS ‘LOSING OUT’ IN SECOND HOME CONSTRUCTION SECTOR
BAHAMIAN contractors are losing out to foreign contractors particularly in the second home construction sector according to Bahamian Contractors Association (BCA) president Godfrey Forbes who said ‘that should never be the case.’
Fishermen not comforted by temporary work permit ban
THE government’s temporary ban on permits for non-Bahamian fishermen does not provide sufficient comfort to local fishermen according to Bahamas Fishers Alliance president Adrian Laroda who told Tribune Business that arresting non-Bahamian fishermen at sea would be a ‘definite deterrent.’
Cable Bahamas earnings up
CABLE Bahamas Limited reported that revenue for its second quarter reached $28.4 million and year-to-date was $56.3 million.
Tourism minister puts religious tourism plan into action
TOURISM Minister Obie Wilchcombe has put into action his plan to pursue the African American and religious group markets.
Contractor's Bill in government's hands
THE long-awaited Contractor’s Bill is being reviewed by the Ministry of Works according to Bahamian Contractor’s Association (BCA) president Godfrey Forbes.
Bahamas Speed Week organisers targeting 1,200-1,400 room nights
BAHAMAS Speed Week’s president said yesterday that organisers were looking to generate 1,200-1,400 room nights for the Bahamian hotel industry from this year’s event, telling Tribune Business that they were aiming to make Speed Week the biggest ‘must do’ social event on the Bahamian calendar.
Grand Lucayan in talks with government over expansion
TOURISM Minister Obie Wilchcombe said yesterday the Grand Lucayan Resort Freeport was in talks with the government about further expansion and reopening sections of the property.
Bahamas is feeling the heat in Florida
MINISTER of Tourism Obie Wilchcombe said yesterday his ministry was focused heavily on Florida, telling Tribune Business that the Bahamas had lost some market share there.
Bahamian contractors facing challenges over bids
MANY Bahamian contractors are facing challenges putting together successful bids according to Bahamian Contractors Association (BCA) president Godfrey Forbes.
What every business needs
Quite often people ask me why I broker business sales, when they think it’s almost easier to start one up themselves.
