Bimini power crisis 'like visiting the Third World'
A Cabinet minister has admitted that Bimini’s power crisis is “extremely vexing” for the island’s tourism lifeline as furious visitors cancel bookings, leave early and demand refunds. Dionisio D’Aguilar, pictured , minister of tourism and aviation,
Six-month plant delay hits Pharmachem jobs
A six-month construction delay has forced Pharmachem Technologies to lay-off 23 staff, with possibly more to follow, in what was yesterday described as a “major blow” for Freeport’s economy.Tribune Business understands that the Grand Bahama pharmaceu
Bahamas' case for lesser KYC regime still 'not sufficient'
The Bahamas cannot rely on the Central Bank’s “low risk” finding alone to persuade international regulators it should lower an onerous compliance burden, an ex-attorney general is arguing. Alfred Sears QC, who held the post from 2002-2007, told Trib
Intellectual property key as WTO awaits
More than 30 Bahamian entrepreneurs have been equipped with tools to assist their venture’s development by protecting its intellectual property. Participants from small and medium-sized companies producing native drinks, jams and jellies, business c
Bahamas must 'come to grips' with FATF realities
THE DNA’s former leader says The Bahamas must “come to grips” with the fact that its efforts to comply with global financial services regulatory demands will “never be enough”. Urging this country to pursue economic diversification and the developme
Swimming pigs come back home
The film based on Exuma’s swimming pigs has arrived back home to screenings in The Bahamas following stops in Fort Lauderdale and at the Cannes International Film Festival.Pigs of Paradise was shown to a sold-out crowd at the Island House Cinema on S
BTC apologises for 'critical fault'
The Bahamas Telecommunications Company (BTC) yesterday apologised after “a critical fault” on its network disrupted fixed-line and mobile voice communications throughout the weekend. Garfield “Garry” Sinclair, BTC’s chief executive, said the company
'Unusual' claims volume knocks Summit off peak
A Bahamian insurer has blamed “an usually large number of claims” for a non-hurricane year resulting in 2018 profits being slashed almost in half. Tim Ingraham, Summit Insurance Company’s president, told Tribune Business that the underwriter’s 48.1
‘Impossible to stay in this business’
Increased costs linked to Nassau’s main airport being reduced to one runway are the latest factor “making it impossible to continue in this business”, a Bahamian airline chief warned yesterday.
Union leaders ‘unaware’ of BTC family island sick-out
TRADE union leaders yesterday denied knowledge of a sick-out that resulted in the closure of most of the Bahamas Telecommunications Company’s (BTC) self-owned Out Island retail stores.
‘Economic lifeblood’ threat from EU list
The “lifeblood of the Bahamian economy” will be threatened if this nation is unable to avoid a revised European “high risk” list, the Inter-American Development Bank (IDB) has warned.
‘Miscarriage’ costs ex-banker $155k CIBC damages
A senior banker’s $155,000 damages award against CIBC FirstCaribbean International Bank (Bahamas) has been overturned due to “a substantial miscarriage of justice”.
Nassau Flight sale timeline ‘aggressive’ but needed
A Cabinet minister has admitted that the Nassau Flight Service (NFS) privatisation timetable is “aggressive”, but argued that “there’s nothing wrong with that” ahead of today’s bid deadline.
IAN FERGUSON: Strategies to beat workplace ‘haters’
Everyone who has been in a work environment for more than a year claims to have “haters” on their backs. The Bahamian definition of a “workplace hater” is someone who has no logical reason to dislike or harm another employee, but does so anyway.
Miller defends BPL during his watch
A former Bahamas Power & Light (BPL) chairman yesterday defended the utility’s performance under his watch, arguing that the length and frequency of outages has “never been like this”.
