Further air traffic action 'catastrophic'
AIRLINE operators and Lynden Pindling International Airport (LPIA) officials yesterday said any further industrial action affecting air traffic over the Easter weekend would be "catastrophic", as they brace for heavy passenger numbers.
Super Value chief blasts 80% share claim as 'garbage'
By NEIL HARTNELL Tribune Business Editor Super Value owner Rupert Roberts yesterday blasted claims that his impending acquisition of City Markets' remaining store locations would give him an 80 per cent market share as "garbage" and "total rubbish", tell
Don't throw PLP mortgage plans 'under the bus'
By NEIL HARTNELL Tribune Business Editor A leading housing developer yesterday urged Bahamians and the banking industry not to "throw under the bus" the Progressive Liberal Party's (PLP) plan to tackle mortgage foreclosures, arguing that the so-called fu
BTC flagship sees 35-40% sales rise
THE growing demand for smart phones has boosted sales at the Bahamas Telecommunications Company's (BTC) Mall at Marathon location by 35-40 per cent year-over-year, its chief executive has told Tribune Business.
Licences needed for City Market deal 'go'
SUPER Value's acquisition of City Markets' four remaining New Providence locations is effectively done and only awaiting the Government's shop licence approvals to be consummated, Tribune Business was told yesterday, the former's owner saying he "couldn't risk" the stores falling into the hands of a competitor.
Computer start-up targets Bahamas
A Bahamas-based cloud computing start-up is looking to deliver IT solutions and significant cost savings to Bahamian institutions, its director telling Tribune Business yesterday that the financial and hospitality industries were in its target market.
How to target your market
A FEW months ago, a local retail client of mine asked me to help them with their Facebook strategy. During my strategy session I asked them: "What is the ultimate goal of your being on Facebook?" After a lot of back and forth, they said the idea was to drive traffic into the store while providing quality information to their customers. They felt the best way to accomplish this was through a Facebook Fanpage. However, they were disappointed with the results they were presently achieving.
BTC targets total 4G cover by end-summer
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The BAHAMAS Telecommunications Company (BTC) is optimistic that by summer's end the entire nation will be covered by its 4G (fourth generation) network, its chief executive telling
Port confirms Fair as chairs
FREEPORT - Ian Fair is the new chairman of the board at the Grand Bahama Port Authority (GBPA), it was confirmed yesterday, more than six months after Tribune Business revealed the move was in the offing.
Royal Bank 'blamed Bahamas branch' on multi-million scheme
US regulators have alleged that Royal Bank of Canada blamed staff at its Bahamian branch for playing the lead role in devising a "massive wash trading scheme" worth hundreds of millions of dollars, which it executed through this nation and the Cayman Islands.
Oil explorer inks RoyalFidelity to aid BDR offering
By NEIL HARTNELL Tribune Business Editor A Bahamas-based oil explorer yesterday said it had appointed RoyalFidelity Capital Markets to advise it on a Bahamian Depository Receipt (BDR) offering and subsequent Bahamas International Securities Exchange (BIS
DEALER: CAR SHOW PROPOSALS 'DOUBLE'
By NEIL HARTNELL Tribune Business Editor Bahamian auto dealers are nervously waiting to see whether seemingly-heightened buyer interest at last weekend's Car Show will translate into increased sales, one yesterday saying it had seen a 100 per cent year-o
BAHAMAS FIRST CHIEF: BISXLISTING 'PROBABLE' IN 2012
By NEIL HARTNELL Tribune Business Editor Bahamas First Holdings' chief executive yesterday told Tribune Business he personally believed the general insurance holding company would list on the Bahamas International Securities Exchange (BISX) in 2012 "if i
PMH'S CRITICAL CARE BLOCK '20% FINISHED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE $52 million Princess Margaret Hospital Critical Care Block is on schedule and about 20 per cent complete, Cavalier Construction's managing director said yesterday, telling Tribu
PLP MORTGAGE PLAN'S $100M UNFUNDED GAP
By NEIL HARTNELL Tribune Business Editor Bahamian banking industry executives yesterday identified several flaws with the Progressive Liberal Party's (PLP) mortgage foreclosure plans, telling Tribune Business there was a more than-$100 million gap betwee
