Local Business

Subscribe

Tease photo

Workplace bullying undermines firms

MUCH attention has been given to bullying, and the aggressive behaviour and unfair advantage some assume over others

Tease photo

Gov't targets extra 200k Bimini visitors

MINISTER of Tourism, Obie Wilchombe, is targeting an additional 200,000 visitors per year to Bimini, telling Tribune Business that the island's greatest difficulty in developing its tourism product has been limited airlift.

Tease photo

BISX listing becomes 'recognised standard'

THE Bahamas International Securities Exchange (BISX) is becoming the "recognised independent standard" for valuing securities in this nation, its chief executive dismissing concerns that prices for stocks and other instruments were being distorted by one-off trades.

Brewery targets brand marketing

COMMONWEALTH Brewery maintained its cautiously optimistic outlook at its first shareholders annual general meeting (AGM), following a year in which it paid out 100 per cent of profits in a collective $0.58 per share dividend.

Tease photo

Bahamas should be 'first name on lips'

THE Bahamas' minister of financial services, Ryan Pinder, told key financial services intermediaries and executives that this nation should be the "first name off your lips" when advising clients on where to locate their assets.

Tease photo

Gov't 'concerned' on trained labour

THE Government is concerned there are not enough trained persons to capitalise on the 8,000 jobs expected to be created in the next two years, when the $2.6 billion Baha Mar project is completed, the Minister of Education, Science and Technology has said.

Tease photo

Bahamas broker: 50% of client assets in jeopardy

ALMOST 50 per cent of client assets at Owen Bethel's Nassau-based Montaque Capital Partners, which is reportedly insolvent with a $9.367 million net asset deficiency, are in jeopardy due to a Canadian institution's claim against them, Tribune Business can reveal.

Marina boaters in $46m boost

MARINA boating visitors to the Bahamas grew by 35 per cent in January 2012, the Ministry of Tourism revealed yesterday, with the industry estimated to generate $46 million in annual boater revenues compared to $820 million in hotel stopover tourist spending.

Bahamians 'can't bear another red cent' in cost hikes

A LEADING bottled water manufacturer yesterday said its decision to cut public opening hours was "in the best interests of all", given a power bill that totalled $500,000 for the past two years and the inability of consumers "to bear another red cent" in costs.

Tease photo

VAT 'not total' tax reform answer

VALUE Added Tax (VAT) is not the complete solution to the Bahamas' taxation reform needs, this nation's leading World Trade Organisation (WTO) negotiator yesterday warning that changes also needed to encourage targeted investment and be trade agreement-compliant.

Tease photo

FamGuard targets improved profits 'through 2012' after 54% Q1 rise

FAMGUARD Corporation's 54.4 per cent net income increase for the 2012 first quarter "came close to expectations", its chief executive yesterday expressing optimism that its alliance with a major international 'third party' healthcare provider would further help reduce claims.

Tease photo

Atlantis takes over key JFK terminal

THE Atlantis resort has unveiled a strategic alliance with Jet Blue and the airline's TrueBluie customer loyalty programme, in a move designed to drive tourist traffic to the Paradise Island destination.

Tease photo

Entrepreneurship not precise science

SOME business graduates believe that everything coming out of Harvard Business School should be bowed down to, and that the right method always gets you where you want to be. However, there was a disbeliever at the University where I studied in the UK. She told me: "If it sounds convincing, look for reasons not to believe it."

Marinas chief sees business increase

THE in-coming president of the Marina Operators of the Bahamas (MOB) is predicting an increase in boating visitors this year, telling Tribune Business the economy was perhaps the biggest challenge for the industry.

Tease photo

Minister targeting 8.8% boating market growth

THE Bahamas' marina industry saw more than 157,000 boats landed last year, according to the Minister of Tourism, who yesterday said projections indicate an 8.8 per cent increase in the recreational boating market over the next several years.