China won't replace our 'bread and butter'
The Bahamas “cannot ignore” China’s fast-growing tourism market even though the US will “always be our bread and butter”, the Minister of Tourism argued yesterday.Dionisio D’Aguilar, who has just returned from leading a joint industry-government dele
Bahamas' 130th internet speeds placement not 'best measure'
The Bahamas’ ranking as the world’s 130th most expensive country for broadband internet is not a “a fair measurement” of its affordability, a technology entrepreneur argued yesterday.
Minister: 'Don't pull punches' on NHI fears
Healthcare industry stakeholders were yesterday told by a Cabinet minister not to “pull any punches” by holding back on concerns over the revised National Health Insurance (NHI) model.Dr Duane Sands, pictured, minister of health, said the proposal wa
BPL examines 'all options' over fuel
BAHAMAS Power and Light’s (BPL) chairman yesterday pledged it is “looking at all options” to secure cheaper fuel sources amid fierce consumer criticism of high electricity bills.Dr Donovan Moxey told Tribune Business: “We are looking at all options i
BISX briefs Rotary on capital markets' future
The Bahamas International Securities Exchange’s (BISX) chief operating officer gave his take on the capital markets’ future during a recent speech to Rotary Club of Nassau Sunrise members.Holland Grant, who also spoke about the stock exchange’s histo
Tourism sector targets Chinese travel market
The Ministry of Tourism and Aviation (BMOTA) teamed with executives from Atlantis, Baha Mar, The Pointe and Majestic Tours to expose The Bahamas to the Chinese tourism market.Dionisio D’Aguilar, minister of tourism and aviation, led the combined publ
Ministry 'flagrantly abused' multiple Bahamian singers
An ex-beauty queen has accused the Ministry of Tourism of “flagrantly abusing” Bahamian singers with a “take what we want, don’t pay and deny” approach to paying for use of their songs.Khiara Sherman, the former Miss Bahamas Universe-turned-songstres
Grand Lucayan payout demands 'extravagant'
The Grand Lucayan’s chairman was yesterday locked in meetings over the “extravagant” voluntary separation payments demanded by the two unions representing the resort’s staff.Michael Scott told Tribune Business he was negotiating with representatives
Arawak Port beats profit target by 9%
The Nassau Container Port’s 2019 first quarter profits beat target by nine percent despite projections that full-year net income will be down by more than $1m compared to the prior year.Arawak Port Development Company (APD), the port’s BISX-listed op
Potter's Cay threat to 'tax and security'
The Arawak Port’s top executive yesterday sounded a renewed alarm over the risk to “national security” and tax revenue posed by the continued landing of international cargo at Potter’s Cay.Michael Maura, writing in the BISX-listed port operator’s jus
VAT reassurance 'final impetus' for $100m expansion
PALM Cay’s chief executive yesterday said recent value-added tax (VAT) “assurances” by the Government had served as the “final impetus” to kick-start its latest $100m expansion.Rob Batchelor, Palm Cay’s chief executive, told Tribune Business that the
Contractor makes donation to BTVI
Well-known contractor Larry Treco and his wife, Paula, recently donated an Apple iMac desktop computer to the Bahamas Technical and Vocational Institute (BTVI).Mr Treco learned of BTVI’s computer needs from its president and fellow Rotarian, Dr Rober
Bahamian marinas 'not taking foot off the gas'
BAHAMIAN marinas believe that strong interest at the recent Fort Lauderdale boat show will translate into increased business, telling Tribune Business: “We’re not taking our foot off the gas.”Basil Smith, the Association of Bahamas Marinas (ABM) exec
Tourism matters heads to Bimini
The Why Tourism Matters workshops launched in the Family Islands last night with an event in Bimini, as organisers expand the initiative beyond New Providence.The Tourism Development Corporation (TDC), working with the Bimini Chamber of Commerce, Bah
Govt to 'move quickly' on Contractors Board
The Government and Bahamian Contractors Association (BCA) are in talks over the appointment of the Contractors Board, which will oversee enforcement of the the sector’s governing law.Desmond Bannister, minister of works, told Tribune Business: “We ar
