Union tells govt: Protect BTC value for future sale
The Bahamas Telecommunications Company’s (BTC) line staff union has urged the Government to protect the value of its shareholding and commit to selling this to Bahamian investors.Dino Rolle, the Bahamas Communications and Public Officers Union’s (BCP
$100,000 'buy NHI' mark 'way too low'
The $100,000 National Health Insurance (NHI) exemption threshold for businesses is “way too low” and should be raised to $500,000, the Chamber of Commerce’s chairman said yesterday.Michael Maura told Tribune Business that the proposed annual revenue
Mobile rivals in big 'Black Friday' surge
MOBILE rivals BTC and Aliv both reported a strong surge in business during their “Black Friday” promotions, with scores of customers taking advantage of their offerings.Sasha Lightbourne, Aliv spokesperson, told Tribune Business: “Our expectations fo
BTC begins 'fight for every customer'
The Bahamas Telecommunications Company (BTC) has moved swiftly to deliver on pledges of increased consumer value with the launch of its 90-day Always On mobile promotion.Garry Sinclair, pictured, BTC’s chief executive, said the offer - designed to gi
Govt invests $3.5m in Lucayan facelift
The Government is investing $3.5m in pre-sale upgrades at the Grand Lucayan, the resort’s chairman revealed yesterday, with a preferred buyer unlikely to be selected before Easter 2019.
$105m deficit overshoot rationale ‘not full picture’
A top accountant yesterday argued that the Government’s explanation for the $105m deficit overshoot was “not the complete picture”, and raised fears there may be more bad news ahead.
Where’s the ‘modern governance’ pledged in return for VAT hike?
The Bahamas is not getting the “modern governance” promised in return for the VAT hike, a leading reformer blasted yesterday, with people “sick and tired” of financing a bloated public sector.
Poor processes slash GDP growth by 1% pt annually
Poor governance and business processes have slashed Bahamian economic growth by an average one percent of GDP every year this century, the Government has admitted.
‘Road map’ to end ‘severe’ risk of SOEs
The Government will hire consultants to develop a “road map” for making all state-owned enterprises (SOEs) self-sufficient and eliminate the “severe” fiscal risk they pose.
Central Bank: Less Govt leanding to slash liquidity
THE Central Bank will gradually reduce its lending to the Government to help address the potential risk posed by $1.737bn in excess commercial bank liquidity, its governor has revealed.
BTC unions meet with PM's office
Both Bahamas Telecommunications Company (BTC) trade unions yesterday met the parliamentary secretary in the Prime Minister’s Office to discuss their challenges.
IAN FERGUSON: The benefits from an early retirement
Millions of people across the world are voluntarily deciding to retire early.
Family Islands enjoy ‘whopping’ 20% rise
The Ministry of Tourism believes its strategy of marketing The Bahamas as a 16-island destination helped spur a "whopping" 20 percent increase in Family Island visitors through August 2018.
Bahamas ‘sitting ducks’ over cyber vulnerability
Cyber-security awareness in The Bahamas is almost non-existent, a technology entrepreneur has lamented, warning: “We are sitting ducks in this country.”
Hotels report ‘very positive business’
BAHA Mar’s forward bookings for the 2018-2019 winter season were described yesterday as “very positive” and “much better than last year”.
