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Tell, but don't sell, your firm's story

THE first time I tried to use Facebook Ads in one of my businesses a couple of years ago, I lost a lot of money. I mean, everything seemed to be going so well. A lot of people were expressing interest in my page judging by the number of 'Likes' I received.

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Union still seeking City Markets talks

TRADE union executives up to last night were still attempting to arrange a meeting with the principal of the City Markets foodstore chain to discuss the fate of the stores and its employees.

Region falls back over aquaculture

THE Caribbean is far behind the rest of the world in developing aquaculture, the executive director of the Caribbean Regional Fisheries Mechanism (CRFM) telling Tribune Business that the sector accounted for between 1-2 per cent of total fish production in the region.

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Water Corp needs 'topup' to $20m subsidies

By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene

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Bahamas can take $5-$10bn premium 'captive' with focus

By NEIL HARTNELL Tribune Business Editor The Bahamas could attract between $5-$10 billion in premium income within five years if it made a concerted effort to re-establish itself as a captive insura

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Broker 'optimistic' doctors' captive issues resolved

By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians

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URCA 'u-turn' over third cellular player

By NEIL HARTNELL Tribune Business Editor The Bahamian communications regulator has reversed course by deciding not to reserve space in the key 700 MHz radio frequency spectrum for a third cellular operator, while

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Bahamas forms committee to manage its debt

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A DEBT and cash management committee has been formed to create a medium-term debt strategy for the Bahamas, Central Bank governor Wendy C

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'I've never seen it like this before'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see

Union: City Markets behind over payroll

Union: City Markets behind over payroll By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE union representing City Markets workers has said it would welcome the sale of the struggling food store chain if it meant saving jobs, o

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Bahamasair eyes 'break even' despite $21m loss

Bahamasair eyes 'break even' despite $21m loss By NEIL HARTNELL Tribune Business Editor Despite being on target for a $21 million loss in its 2011-2012 financial year, Bahamasair's chairman says the airline is trending in the right direction and eventua

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FINCO in profit boost as bad loans hit $100m

FINCO in profit boost as bad loans hit $100m By NEIL HARTNELL Tribune Business Editor The $5.4 million boost from changes to its loan loss provisioning calculation enabled Finance Corporation of the Bahamas (FINCO) to enjoy a 3.18 per cent net income in

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$112m spent with 'no due process'

$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t

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GDP boost from raising Bahamas' 60% net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

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Broker clients want right to sue for $25

By NEIL HARTNELL Tribune Business Editor Clients of a failed Bahamian broker/dealer are seeking a Supreme Court order that would assign them the right to sue those deemed responsible for their collective $24.5 million loss, fearing they may lose forever