BTC's parent 'confident' on 2020 revival
The Bahamas Telecommunications Company’s (BTC) ultimate owner yesterday voiced optimism its mobile business will deliver an “improved performance” heading into 2020 despite further subscriber losses.Balan Nair, Liberty Latin America’s chief executive
Many Labour on Block hires 'temporary'
“Many” of those hired through the government’s Labour on the Blocks initiative were only employed temporarily, the director of labour revealed yesterday.John Pinder, pictured, said the Department of Labour’s follow-up inquiries with employers showed
Bimini 'getting back on track' after BPL issues
BIMINI’s Chamber of Commerce president yesterday voiced optimism that the island’s economy will “get back on track” despite taking a “hit” from recent energy woes. “Things have normalised to a certain degree,” Edward Reckley told Tribune Business of
Bahamian institute teams for scholarship initiative
The Bahamas Institute of Business Technology (BIBT) yesterday unveiled a new scholarship programme with DeVry University, a US higher learning institute founded in 1931.Called “Bridge to Brilliance”, the programme offers online undergraduate and grad
Farmers urged: 'Take the bull by the horns'
BAHAMIAN farmers have been urged to “get on one accord” and tackle The Bahamas $500m food import bill, amid warnings that the “livelihood of our nation depends on it”.Caron Shepherd, the Farmers United Co-operative president, told an agricultural con
Compass Point owner ‘completely out of line’
A Cabinet minister yesterday said he will “not be bullied” by the Compass Point owner’s threat to close the resort and put 60 Bahamians out of work, blasting: “He’s completely out of line.”
Inagua's 'viability' at stake in latest Morton meeting
A Cabinet minister yesterday said resolving the Morton Salt dispute is “a top priority for the sake of all Inagua residents” with the warring parties due to meet tomorrow. Dion Foulkes, minister of labour, said the company’s management and line-staf
BTC suffers $13.6m first half revenue fall
The Bahamas Telecommunications Company’s (BTC) $13.6m first-half revenue decline last night underscored the urgency of pleas for corporate unity as its business continues to slip away.Figures for the first six months of 2019, released by its ultimate
Ferry provider in Bimini deal 'stolen from it'
Resorts World Bimini has this week switched the location and provider of its Florida-based ferry service, selecting an operator that previously claimed the deal was “stolen” from it.The resort, owned by the Malaysian conglomerate, Genting, has swappe
Judicial reforms to give 'clout beyond our size'
An ex-attorney general yesterday hailed the chief justice’s reforms as potentially giving The Bahamas “an influence way beyond our size” in both legal services and attracting new business.Alfred Sears told Tribune Business that the planned digital tr
BISX welcomes newest member Lydda Capital
The Bahamas International Securities Exchange (BISX) has announced that Lydda Capital has become the stock exchange’s seventh broker/dealer member.Keith Davies, BISX’s chief executive, said of the new addition: “It is our pleasure to welcome Lydda Ca
Anti-tax dodge unit getting 'big results'
THE Government’s Revenue Enhancement Unit is already achieving “significant results”, the deputy prime minister said yesterday, voicing optimism it will “achieve our targets”. Speaking ahead of a Cabinet meeting, K Peter Turnquest said: “We are up a
Labour chief's concernfor domestic workers
The government’s top labour official yesterday said he is open to working with the Department of Immigration to prevent exploitation of domestic workers - the labour category in greatest demand. John Pinder, director of labour, said his interest had
Chief Justice unveils ambitious e-reforms
The Chief Justice is targeting the total digital transformation of the Bahamian court system through a multi-year “e-services” roll-out designed to “catch up with where the rest of the world is”.
‘For too long we’ve accepted mediocrity’
The Bahamas needs “comprehensive financial sector reforms” if its economy is to grow, with a leading investment analyst arguing: “For too long we’ve been accepting mediocrity.”
