Atlantis enjoys 'strongest Q1 in many years'
Atlantis has enjoyed “one of the strongest first quarters in many years”, its top executive revealing that business is “well ahead” of 2017 numbers.Audrey Oswell, pictured, the Paradise Island resort’s president and managing director, told Tribune Bu
Bannister: No ‘forced’ terminations to happen through BPL agreement
There will be no forced terminations in Bahamas Power & Light’s (BPL) upcoming right-sizing exercise after a deal was reached with its two trade unions, it was revealed yesterday.
Bahamas to 'harmonise' IBCs, domestic entities
The Deputy Prime Minister yesterday expressed “100 per cent” confidence that The Bahamas will meet Europe’s year-end target, as it prepares to “harmonise” IBCs and domestic companies.K P Turnquest, pictured, told Tribune Business that “work is still
IMF: Worker notice below world average
A trade union leader yesterday hailed the IMF for confirming that the two-week notice period for terminated Bahamian workers is below international standards.Obie Ferguson, the Trades Union Congress’s (TUC) president, told Tribune Business that the I
Banks told: 'Be sympathetic' over expired work permits
A Cabinet Minister yesterday urged banks to be more “sympathetic” and continue transacting business with persons whose work permits have expired.Brent Symonette, minister of financial services, trade and industry and Immigration, during his contribut
Hilton executive goes to Barbados
The British Colonial Hilton yesterday announced the temporary assignment of a senior executive as interim general manager for its sister property, Hilton Barbados Resort.Lynne OP Johnson will be is overseeing the Barbados resort’s operation for a th
Chamber to host Trade Seminar
The Chamber of Commerce will host its inaugural Trade Seminar and Expo event at the Melia Nassau Beach Resort on Wednesday, May 30.The event will offer advice, information, education and instructions to Bahamian manufacturers, producers and exporters
Aliv assists electronic data protection talks
Aliv yesterday detailed ways Bahamians can protect their electronic data as it participated in a roundtable discussion hosted by the Data Protection Commissioner’s office.Dwayne Davis, Aliv’s chief solutions architect, presented on topics including i
Fiscal targets 'blown' without disaster plan
A Hurricane Matthew-type event could wipe out the IMF’s proposed national disaster fund and forever blow The Bahamas off its Fiscal Responsibility targets, a top insurer warned yesterday.Emmanuel Komolafe, pictured, the Bahamas Insurance Association’
Gibson insists water contract was clean
Long Island’s $5m water deal went to the only bidder that “substantially” met the Water & Sewerage Corporation’s terms, its chairman saying yesterday: “I don’t believe in hanky panky.”
Minister: 'No free lunch' on tug boats
A Cabinet minister yesterday defended the imposition of a mandatory tug boat fee for cruise and commercial vessels using Nassau Harbour, saying: “There’s no such thing as a free lunch.”Frankie Campbell, pictured, minister of transport, told Tribune B
IMF urges 'bold action' on structural reforms before WTO
The Bahamas will not “reap the full benefits” of World Trade Organisation (WTO) membership unless it takes “bold action” to eliminate structural obstacles to growth, the IMF has warned.The Fund, in its latest Article IV report, warned that economic g
Responsibility Bill to take effect this Budget
The “enforcement elements” of the Fiscal Responsibility Bill will be incorporated into the 2018-2019 Budget, the Ministry of Finance’s top official has confirmed.Marlon Johnson, the acting financial secretary, told Tribune Business that the Governmen
Cable Bahamas inleadership change
Cable Bahamas is undergoing a leadership transition, with Anthony Butler set to retire as chief executive and be replaced by Bahamian businessman Franklyn Butler II.The BISX-listed communications provider, in advertisements set to be published today,
Hilton exposes hotel industry to students
The British Colonial Hilton has taken part in “Careers@Hilton Week”, the hotel chain’s annual event showcasing the many hospitality industry opportunities available for young job seekers.For the week of May 14, Hilton hotels and corporate offices aro
