Retailers aim to match US prices 'as close as possible'
BAHAMIAN retailers are aiming to get “as close to US prices as possible” to encourage more local consumer spending and benefit the economy “tremendously”.Tara Morley-Nolan, the Bahamas Federation of Retailers (BFR) co-chair, told Tribune Business yes
Minister clarifies $2.5m aragonite fee estimate
A Cabinet minister yesterday clarified that the Government could earn $2.5m annually from a single aragonite mining licence, with that figure not representative of its true value to The Bahamas.Romauld Ferreira, minister of the environment and housin
D'Aguilar backs web shops on 'woefully unfair anomaly'
A Cabinet minister yesterday slammed Bet Vegas’s continued operation as “woefully unfair” to rival licensed web shops because it was creating “an anomaly in the market”.Dionisio D’Aguilar, who has ministerial responsibility for gaming, told Tribune
Bannister urges move on Shell deal
Bahamas Power & Light’s (BPL) incoming board was yesterday urged to close an agreement for more reliable, cheaper energy with Shell North America as “quickly as possible”.
BPL board process overhaul called for
A former Bahamas Power & Light (BPL) director has called for an overhaul of board processes after finding “many glaring deficiencies” with the proposed $4m purchase of key parts.
Rejected landfill bidder: Beat our $400m offer
A rejected landfill bidder last night urged the Government to ensure the winner offers “the same or more” as its $400m investment, up to 200 jobs and two renewable energy solutions.
Grand Lucayan chairman blasts 'lack of co-operation'
The Grand Lucayan’s new chairman yesterday blasted Hutchison Whampoa’s “lack of co-operation” for threatening to delay the creation and release of a full sales prospectus for the resort.Michael Scott, who heads the Government-owned special purpose ve
Tourism unveils its new Florida marketing team
The Ministry of Tourism has launched a series of events to introduce its new Florida sales and marketing team to that state’s travel industry.Betty Bethel-Moss, newly-appointed director for marketing in Florida, told travel executives from Dade and B
Realtors partner with yacht chartering firm
Two Bahamas Realty agents have teamed with a yacht charter firm to marry high-end real estate with luxury cruising through this nation’s islands.Elite Bahamas Team, formed by Ana Wassitsch and Silvina Andrews, has partnered with Island Yachts to fill
BPL Board battle ‘like Nightmare on Elm St’
A rival Board member is accusing Bahamas Power & Light’s (BPL) ex-chairman of “making mischief where none exists” over aborted efforts to give Bahamians early relief from high energy costs.
Lucayan director predicts one-two years over exit
A newly-appointed Grand Lucayan director is predicting the Government may have to own the resort for one to two years, suggesting that its exit “won’t happen overnight”.Carey Leonard, pictured, a former Grand Bahama Port Authority (GBPA) in-house cou
BTC in a 'fight for its survival'
A “yearning for better” Internet and TV services means the Bahamas Telecommunications Company (BTC) can reverse recent revenue declines if it deploys its latest infrastructure more rapidly, its past union president believes.Bernard Evans, pictured, w
Lucayan chair: 'Do you want another Oasis?'
The new Grand Lucayan Board will meet this morning to determine if a hotel operator is needed, its chairman asking critics of the Government’s deal: “Do you want another Royal Oasis?” Michael Scott, also chairman of the Hotel Corporation, told Tribun
Works ministry can't save developer held in contempt
The Philip Davis-led Ministry of Works’ failure to follow the law means that a Rum Cay developer has no protection against claims he is in contempt of court, a judge has ruled.Justice Rhonda Bain, in an August 16, 2018, ruling found that David Cummin
Minister reviews 250 job biomass plant proposal
A Cabinet minister has reviewed a Bahamian start-up’s proposal to create up to 250 jobs through an Abaco-based biomass plant that will generate 24 megawatts (MW) of energy.Michael Pintard, newly-appointed minister of agriculture and marine resources,
