BISX Micro Listing Tier 'no brainer'
ESTABLISHING a micro listing facility for small and medium-sized Bahamian companies seeking up to $1 million in capital is among the "major things" the Bahamas International Securities Exchange's (BISX) chief executive is hoping to accomplish by June 2012, expressing hope the exchange could "partner" with the newly-elected PLP government on this and other initiatives.
Court: Bahamasair's US staffers cannot be union members
BAHAMASAIR'S US-based middle management staff cannot be included in the Public Managers Union's (PMU) bargaining unit because the Industrial Relations Act does not have "extra-territorial effect", the Chief Justice has ruled.
Testing makes for better productivity
IN A few short weeks, the Bahamas will engage its youth in various forms of testing to determine what they have gleaned during the course of the academic year.
Title system to 'get a grip' on auto chaos
MOTOR dealers and insurers are in talks to set up a Bahamian vehicle title system, Tribune Business can reveal, in a bid to "get a grip" on the auto ownership chaos that is causing financial headaches for the Government and industry players alike.
Gov't pays down $6.3m on Water Corp receivables
THE Government spent $6.3 million of taxpayer monies last month to pay down the $8.2 million bill the Water & Sewerage Corporation had run-up with BISX-listed Consolidated Water, it was revealed last night, with the latter's Blue Hills plant driving a 41 per cent increase in its 2012 bulk water revenues
Realtor encourages 'moratorium' over 2% commercial tax
A LEADING realtor yesterday encouraged the Government to further stimulate the Bahamian real estate market through initiatives such as a "three-year moratorium" on commercial real property tax, and "incentivising" the development of vacant Family Island land.
Cruise tourism like 'Breezes on a boat'
NEWLY-appointed tourism minister Obie Wilchcombe said yesterday the Government plans to meet with Bay Streets merchants to discuss how to increase visitor spend by making downtown Nassau more exciting, with one merchant telling Tribune Business cruise passengers were spending very little money.
60% May occupancy represents Big Game
THE Bimini Big Game Club has been booked out for the Memorial Day weekend two months' in advance, its general manager telling Tribune Business that this represented a marked departure from the normal two-week booking pattern.
Success feeds on your customers
THESE days the world's obsessed with feedback, and often for good reasons. I am not sure whether it was the marketing industry that navigated us from the days of "Joe's a great guy" and "Mary does a fantastic job", but that's history. Governments publish department league tables as if they owned a baseball league. Virtual suppliers and customers on the Internet closed the loop with formal feedback systems.
Bahamas must 'be best' in financial services
NEWLY-appointed minister of financial services and investments, Ryan Pinder, said yesterday that the industry needed to be solidified and products improved, with the second phase OECD Peer Review an immediate concern.
Tourism targets Grand Bahama, sporting and religion markets
TOURISM minister Obie Wilchcombe said yesterday that he intends to pursue the religious and sports tourism market, telling Tribune Business yesterday that heavy focus would be placed on Grand Bahama's ailing tourism sector almost immediately.
FDI spikes by 'one third' to hit $1.5bn
By NEIL HARTNELL Tribune Business Editor Foreign direct investment (FDI) inflows into the Bahamas increased by "about one-third" in 2011 to hit $1.533 billion, a performance that the Central Bank of the Bahamas' governor yesterday said "significantly exc
10-15% alternative energy penetration within next decade
RENEWABLE energies could penetrate between 10-15 per cent of Bahamian homes and businesses within the next decade, a local provider telling Tribune Business yesterday that consumers were receiving "payback" on his company's solar water heaters in "less than a year".
Foundation 'pushing envelope' on hybrids
WHILE electric and hybrid cars are still a "niche" market in the Bahamas, according to one leading auto dealer, the One Eleuthera Foundation yesterday said it was "pushing the envelope very hard" towards a transition from fossil fuel dependency.
GBPA chairman in call for 'Maritime Bahamas' brand
THE Grand Bahama Port Authority's (GBPA) newly-appointed chairman yesterday urged this nation's maritime industries to unite under the 'Maritime Bahamas' brand, an unveiled plans to hold a "high level" Bahamas International Business Forum in Freeport in February 2013.
