Govt reassurances on WTO 'irrelevant'
The Government’s drive for full WTO membership by mid-2020 is “unnerving” for Bahamian firms, a businessman branding reassurances from its new chief negotiator as “irrelevant”.Robert Myers, pictured, the former Bahamas Chamber of Commerce chairman, t
Anti-trade groups: 'We'll awaken the Bahamian people'
Anti-free trade activists have pledged to mobilise and “awaken the Bahamian people” against joining the WTO, with one saying: “Our leaders just don’t recognise the danger.”Paul Moss, a leading member of the Bahamians Agitating for a Referendum on Fre
BAIC to assist on web, social media
The Bahamas Agricultural and Industrial Corporation (BAIC) is aiming to help small businesses establish on online and social media presence to boost their visibility both locally and abroad.BAIC will tomorrow host a workshop facilitated by Kristi Pow
Western Union targets 'top priority' out islands
WESTERN Union’s regional head says the company is targeting the Family Island vacuum caused by the withdrawal of the commercial banks as “a top priority”.André Largie said the commercial banking exit is enabling the money transfer business to expand
AML Foods suffers 63% q1 profits fall
AML Foods suffered a near-63 percent profit decline for the quarter to end-July 2018 as the hangover from its prior financial year carried over into the new one.Franklyn Butler, the BISX-listed food retail and franchise group’s chairman, blamed the d
Edison Sumner tenders resignation as Bahamas Chamber of Commerce CEO
EDISON Sumner tendered his resignation as director and CEO of the Bahamas Chamber of Commerce and Employers Confederation on Friday following a report this week about his ten-year ban from the securities industry.
DPM: No more VAT hikes before election
The Deputy Prime Minister yesterday pledged there will be no further VAT increase before the next general election, as he slammed “mischief” and “nonsense” spread by social media.KP Turnquest told Tribune Business that a further VAT rate hike would n
Apparel, shoe prices can't match Customs cut, Govt is warned
Clothing and shoe retailers are warning the Government not to expect the 20 percent Customs duty elimination to translate into consumer price declines of the same magnitude.Michael Maura, the Bahamas Chamber of Commerce and Employers Confederation’s
Contractors 'perplexed' over GB project silence
THE Bahamian Contractors Association’s (BCA) president yesterday said it was “perplexing” that the Government had failed to publicise 900 construction jobs being created by a Grand Bahama condo project.Leonard Sands, pictured, told Tribune Business t
Broker's legal advisers slam 'connoisseur of scams' slur
Attorneys for the principal of a Bahamas-based broker/dealer yesterday slammed smears that brand him “a connoisseur of scams” as “false and defamatory”.Legal representatives for Guy Gentile, head of Bay Street-based Swiss-America Securities, said his
Cruise lines 'not barred' from port manage bid
A Cabinet minister yesterday said the cruise lines “will not be barred” from bidding to take over Prince George Wharf’s management, adding: “All offers will be judged on merit.”Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Busine
Bahamas hosts major insurance conference
INSURANCE executives from throughout the US and the Caribbean met in The Bahamas last month for the annual Life Insurers Committee (LIC) conference sponsored by BAF Financial.A reception hosting some 30 persons was held on August 13 at the BAF Global
Abaco conference to focus on airlift, jobs
The 15th annual Abaco Business Outlook (ABO) conference will address the island’s economic challenges, including reduced airlift and high unemployment, when it is held next Thursday.The forum, which will take place on Thursday, September 20, at the A
BDB treats past top executives to lunch
The Bahamas Development Bank’s (BDB) newly-appointed managing director, Dave S Smith, has treated his predecessors to lunch to celebrate the institution’s 40th anniversary.The event was also attended by K Peter Turnquest, deputy prime minister and mi
Nassau airport keeps watchful florence eye
Airport executives yesterday said they were monitoring Hurricane Florence “very closely”, with no inbound flight cancellations to Nassau as a result of the storm up to yesterday.“We have not had any cancellations but we are closely monitoring the sit
