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BTC's $91m boost 'all the uplift for' parent

The Bahamas Telecommunications Company's (BTC) $91 million operating income (EBITDA) performance generated "pretty much all of the uplift" for Cable and Wireless Commu

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Cape Eleuthera closure claims 'totally Untrue'

The Cape Eleuthera Resort & Yacht Club's property manager yesterday shot down claims the hotel was closing in two months as "totally not true", although its owners w

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CWC: 'No major problems' with Gov't over BTC

The Bahamas Telecommunications Company's (BTC) majority owner yesterday said it did not "anticipate significant problems" with the newly-elected Progressive Liberal Pa

Concerns over BISX-listed firm's $14m water JV with NPDevCo

BISX-listed Consolidated Water yesterday said its $14 million joint venture water supply deal with New Providence Development Company (NPDevCo) would ul

Regulator: Why didn't broker take us to court?

The Securities Commission yesterday said its decision to share information on a Bahamian broker/dealer's clients with a Canadian regulator was fully "in compliance"

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Acquire firms that match your taste

As the only business broker in Nassau, I come across many different models for small businesses. Some work, and some do not. Others nest themselves neatly in a particular niche and are succe

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Customs 'frustrates' renewable importer

The Customs Department yesterday said it was seeking a global body's decision on the appropriate import tariff for lightbulbs and fixtures,

No wind-up petition link to Aquapure

AQUAPURE executives yesterday allayed concerns that the company was in financial distress following the publication of a winding-up petition, e

Penalised broker 'trampled on' by the Commission

A Bahamas-based broker/dealer yesterday said it had been left "vulnerable" and "exposed to liability" from Canadian sanctions as a result of the Securities Commis

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Food retailer's sales up 21-22%

A leading Grand Bahama-based food retailer yesterday said its sales were up 21-22 per cent for 2012 to-date, but warned that "no one can do any business here" given the island's re

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'Assured' WTO challenge to Freeport's foundation

The Bahamas "can be assured" that Freeport's very foundation, the Hawksbill Creek Agreement, will be challenged under the World Trade Organisation (WTO) regime, a

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Owner unveils more BORCO growth plans

The Bahamas Oil Refining Company's (BORCO) owner is targeting a 'crude oil topping unit' and 'bunker filling station' as new growth opportunities for the Grand Bahama-based s

Butterfield 'regroups'; has 'no plans to exit'

Butterfield Bank (Bahamas) has "regrouped" with "no plans to exit" this jurisdiction, despite downsizing its balance sheet considerably through the transfer of its m

Facial surgery without the knife

The Art of Graphix Face lift surgery has been around in its current form for about 100 years. During that time, virtually every permutation of the procedure has been attempted, leaving some with success and some witho

Gold standard reads for our policymakers

Every Bahamian who thinks about our public policies should read these two recent books - short, punchy, and written in non-academic style that anyone can appreciate. The first one is In Gold We