Cable Beach residents oppose shopping centre
PLANS by the owners of the Wendy's fast food franchise to construct another shopping centre in the Cable Beach area have again been me
Oil explorer says: Bahamas has 'better prospects' than Cuba
A Bahamas-based oil exploration company yesterday said it had "much better prospects" of striking oil in this nation's waters than Spanish oil giant Repsol did off Cuba, adding that its $50 million investment to-d
Doctors targets $3.2m incapital upgrades for 2012
Doctors Hospital is planning to invest $3.2 million in capital projects during its current financial year, as it kicks-off "phased" expansion plans with two new
Commercial banks'still trying to gethands around FATCA'
Bahamian commercial banks are "still trying to put our hands totally around" the US Foreign Account Tax Compliance Act (FATCA), Tribune Business was told
Big Game approves$18k floating dock
The BIMINI Big Game resort has approved the construction of an $18,000 floating dock which, according to general manager Michael Weber, will al
BTC launches 4G in Abaco
THE Bahamas Telecommunications Company (BTC) launched its 4G network in Abaco over the weekend, marking the fifth island to have its network upgraded. The official launch ceremony took place during a 4G Fun Day at BTC's Marsh Har
PI residents ordered to pay $23.7m penalty
The Canadian receivers for an alleged "fraudulent" life insurance scheme will today appear before the Court of Appeal in a bid to overturn a verdict that forced them to
Farm fearing closure after 60% business fall
AN Abaco poultry producer fears it may go out of business in two-three months, its operations manager telling Tribune Business its business had dropped 60 per cent since the Government eliminated the permit regime for chicken imports.
Superwash eyes $1.7m expansion on Soldier Road
SUPERWASH'S president is eyeing a $1.5-$1.7 million investment to expand his existing laundromat chain through adding another outlet at the former Pricebusters warehouse property on Soldier Road, telling Tribune Business: "The time has come to start making a move."
Bureaucracy delays 200-job pig farm
A MAJOR pig farm project on Grand Bahama is still moving forward with more than $1 million already invested to-date, an executive telling Tribune Business that bureaucratic hold-ups had frustrated plans to create up to 200 direct jobs.
Road Traffic's 'illegal' actions show need to respect Freeport
A LEADING QC has urged the newly-elected Christie administration to "behave more civilly, and less brutally and aggressively", towards Freeport than its FNM predecessor, adding that the latest Supreme Court ruling upholding Grand Bahama Port Authority (GBPA) licensees' rights emphasised the need to treat the city with "respect".
Regulator levies $48,000 fine on 'wind-up' broker
THE Securities Commission of the Bahamas has fined a failed broker/dealer a collective $48,000 for "consistently" failing to meet its monthly and annual filing obligations, its ruling coming almost five months after the company was placed into Supreme Court-supervised liquidation.
My remedy for the bank and mortgage industries
IN 2008, at the peak of the credit crunch, Hank Paulson, secretary to the Treasury and a former chief executive of Goldman Sachs, coerced the US Congress to bail out the big banks, including his previous employer. Paulson claimed that the entire financial system was on the verge of collapse, because access to bank credit (and 'shadow bank' credit), had come to a virtual standstill.
We all have an interest in combating conflicts
TODAY, the Chamber Voice joins the national discussion in addressing the topic: 'Conflict of Interest'. As a nation we have been slow in speaking to the issue, and educating our employees and the country at large on what constitutes a conflict, how we should address potential conflicts, and the steps we must take to avoid recurring conflicts.
Judge finds 'no truck' with Road Traffic case
THE Road Traffic Department "acted illegally" in refusing to inspect and register a Grand Bahama Port Authority (GBPA) licencee's 'taxi cab' on the grounds that it had not obtained a government license, the Supreme Court once again upholding the Hawksbill Creek Agreement against arbitrary executive actions.
