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Real estate sales show two-tiered market continues

Real estate sales data for the 2019 first half continues to show a two-tiered market, as the lower and middle class segment continues to struggle while the upper end surges. An analysis of Multiple Listing System (MLS) data by real estate firm, Enge

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DPM: OECD tax review 'pointless, will be deferred'

The deputy prime minister yesterday said a planned OECD review of The Bahamas is “pointless” and “will be deferred” because this nation has yet to enter any income tax treaties. KP Turnquest told Tribune Business that the government was in the proce

Bahamian entrepreneurs take part in Atlanta event

The Small Business Development Centre (SBDC) has helped four Bahamian companies to participate in The Village Market Atlanta and sell their handmade products. The SBDC worked with The Bahamas’ Consulate General in Atlanta to facilitate a trip that w

Farmer's Market 'closer to home' for east Nassau

The Bahamas Agricultural and Industrial Corporation’s (BAIC) latest Pop-Up Farmer’s Market has been hailed by eastern New Providence customers delighted to see it “closer to home”. BIAC and the Potter’s Cay Dock Produce Exchange moved the event from

MSC cruise port targets 'close to zero' eco effect

Mediterranean Shipping Company (MSC) executives yesterday pledged that their Ocean Cay private cruise port will have as “close to zero” environmental impact as possible, as mandated by the project’s financing. Matthew McKinnon, senior advisor to the

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Sky Bahamas in fight to survive: Flights grounded and airline could face total collapse

Sky Bahamas’ principal yesterday said the airline and its 63 employees are fighting for its survival following a two-week long grounding due to delays in a key permit’s renewal.

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BISX 'very close' with gov't debt

The Bahamas International Securities Exchange (BISX) is “very close” to having the $3bn-plus government debt market listed and traded on its platform, its chief executive has confirmed. Keith Davies, pictured , speaking after the Central Bank took a

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Union: BTC 'needs leader with a plan'

The Bahamas Telecommunications Company (BTC) lacks “a leader with a plan”, its line staff union chief is arguing, insisting that workers realise the carrier needs to “settle down” and compete. Dino Rolle, the Bahamas Communications and Public Office

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BTC chief: I won't succumb to dissent

The Bahamas Telecommunications Company’s (BTC) top executive has pledged he will “not give up” in the face of union resistance as he is “convinced” the carrier is now “on the right path”.Garfield “Garry” Sinclair, BTC’s chief executive, told Tribune

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Atlantis buyer must give workers 'piece of the pie'

The hotel union’s president yesterday called on any a new Atlantis owner to ensure employees “get a piece of the pie”, while voicing optimism that it would “bring stability to the property”.Expressing “no major concerns” over Brookfield Asset Managem

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BTC warns staff – Time to get real: CEO tells unions to stop confrontation and accept change

The Bahamas Telecommunications Company’s (BTC) trade unions have been warned their tactics “could be fatal” to a business that has lost $110m in revenue in less than three years.

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Bran: Get 'right Atlantis buyer'

The Democratic National Alliance’s (DNA) ex-leader yesterday urged the government to use its influence to ensure “the right buyer” is found for Paradise Island’s Atlantis resort. While acknowledging that the Minnis administration cannot interfere in

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BTC owner proposing 25,000 homes spend

The Bahamas Telecommunications Company’s (BTC) ultimate parent is proposing a “huge” investment to extend its fibre network past another 25,000 homes, not the buy-out of the government’s stake in the carrier. Garfield “Garry” Sinclair, BTC’s chief e

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BTC to offer 'much more' in new VSEP

The Bahamas Telecommunications Company’s (BTC) top executive has pledged that new voluntary separation (VSEP) packages will be “considerably more” generous than in previous downsizings.Garfield “Garry” Sinclair, BTC’s chief executive, confirmed to Tr

BAMSI exhibits at Wellness Fair

The Bahamas Agriculture and Marine Science Institute (BAMSI) was one of the participants in the Central Bank of The Bahamas’ recent annual Wellness Fair. Besides providing information on the Institute and explaining all of its academic programmes, B