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‘Old school’ firms face challenge to remain relevant

A Cabinet minister yesterday said “old school businesses” will find it hard to remain relevant in a rapidly-changing world where services are increasingly the preferred product.

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Morton Salt union: ‘We’re not at fault over productivity’

THE union representing Morton Salt line workers yesterday warned “something is going to happen soon” if the government fails to intervene in the ongoing dispute with the salt harvester.

Tourism minister boosts Bahamas’ aviation move

A Cabinet minister is boosting The Bahamas’ presence at the second largest aviation conference in the US as it seeks to attract a greater share of the private pilot market.

Unions wary on BTC franchise downsize

THE Bahamas Telecommunications Company’s (BTC) line-staff union yesterday said it remains in a “wait and see situation” over further potential downsizing at the carrier.

Bahamas builds on 60% boater growth

The Bahamas sought to build on the more than 60 percent increase in boating visitors over the past three years through its presence at the Palm Beach International Boat Show.

Bank expands services for Bahamas customers

Cornèr Bank (Overseas) has this week unveiled an expanded suite of investment services targeted at Bahamas-based clients, including its “My Cornèr” trading app.

IAN FERGUSON: Methods to attract brightest and best

Recruitment is the process of attracting, short-listing, engaging, selecting and hiring employees. The successful and progressive company skillfully uses a wide combination of recruitment platforms. Successful recruitment, therefore, is a direct reflection of the professionalism of your business.

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ZNS hit by $542,000 satellite breach claim

ZNS has been hit with a $542,000 damages claim for terminating a satellite leasing contract two years' early, Tribune Business can reveal.

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Web shops split over tax ‘solution’

Not all web shop operators have signed up to the tax settlement with the government, a prominent QC revealed yesterday, suggesting legal challenges remain a possibility.

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Taxpayers paid corporate giant $1.2m for nothing

Bahamian taxpayers paid $1.2m to a global sporting and entertainment giant and got nothing in return, the auditor general revealed yesterday.

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‘We won’t destroy domestic aviation’

The Bahamas’ aviation director yesterday pledged to resist pressure to open up the domestic aviation market to foreign carriers - something he agreed could “destroy” local carriers.

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Sports Authority’s plea: Help change our governance

The National Sports Authority (NSA) has pleaded with the Auditor General’s Office to “support” efforts to change its governance structure in the wake of damning audit findings.

Pelican Bay to host entrepreneurs again

Entrepreneurs and start-ups will be able to interact directly with consumers at the second annual Spring Sip & Shop Soiree to be hosted by the Pelican Bay resort on Saturday, April 13.

DPM hails ‘progress’ in tax crimes battle

The deputy prime minister yesterday hailed the “great progress” The Bahamas is making in playing its part to fight corruption, financial crimes and tax evasion.

DPM pledges ‘further strengthening’ of FIU

The deputy prime minister yesterday pledged that “further strengthening” of the Financial Intelligence Unit (FIU) is underway to improve its handling of suspicious transactions reports (STRs).