Customs drops new demand following business pushback
The Government has dropped demands for Bahamian importers to supply proof of exchange control approval for each Customs entry following an outcry from furious businesses.Marlon Johnson, pictured, the Ministry of Finance’s acting financial secretary,
Web shops: Up to 50,000 gambling
Web shops yesterday estimated that between 30,000-50,000 Bahamians engage in gambling, as the sector formally launched its anti-addiction initiative.The Bahamas Gaming Operators Association’s (BGOA) Responsible Gaming and Addiction Prevention Program
Margin squeeze means Summit won't peak in '18
A Bahamian insurer yesterday said it is unlikely to match last year’s 173.4 per cent profit increase due to a “margin squeeze” imposed by increased reinsurance costs.Timothy Ingraham, Summit Insurance Company’s president, told Tribune Business that t
Five realtors honoured by international franchise
Five agents at Better Homes and Gardens MCR Bahamas Group have been recognised by the international real estate franchise for outstanding sales performance.The four-tier, performance-based award system bestows Silver, Gold, Platinum and Emerald Elite
ART OF GRAPHIX: Designing on the fly will never work
A flyer can often be a cheap but cheerful way to get your brand before customers. Flyers can also be great at promoting special events or offers, providing customers with more information on a specific product or service you are providing.But making
Contractor chief hopes forAffordable Homes boost
The Bahamian Contractors Association’s (BCA) president yesterday said the Government’s Affordable Homes initiative could potentially provide an immediate housing sector boost, although the legislation needed more examination.Leonard Sands, pictured,
Web shop locations decline near 60%
WEB shop locations have decreased by some 60 per cent since the industry’s regulation, it was revealed yesterday, with the industry’s Association dismissing the perception of “proliferation”. Gershan Major, the Bahamas Gaming Operators Association’s
BTC profits slump 75% amid 2-year owner wait
The Bahamas Telecommunications Company’s (BTC) 2017 profits plunged by around 75 per cent amid its owner’s continuing two-year wait for the Government to approve its takeover.
Credit growth less than 3% through 2021
The Deputy Prime Minister yesterday conceded the Government’s economic and fiscal plans are “ambitious”, amid forecast of subdued credit growth of “less than three per cent” through 2021.K P Turnquest, pictured, responding to the Caribbean Developme
Bahamas 'nation of choice' through Arbitration Centre
The Government will “table shortly” international arbitration centre legislation aimed at helping The Bahamas become the investor’s “jurisdiction of choice”.Brent Symonette, minister of financial services, trade and industry and Immigration, told a M
Bahamas ‘late in arbitration game’
The Bahamas can still realise its international arbitration centre ambitions despite being “late to the game” after 10-15 years of mere “talk”, a well-known QC argued yesterday.
Court bars hotel union elections
Hotel union executives yesterday served notice they plan to challenge a Supreme Court injunction that has - temporarily at least - blocked leadership elections set for this month.The injunction, granted on May 4, 2018, by acting chief justice Stephen
Bahamian production house in carnival first
A Bahamian-owned production company is praising Carnival organisers for allowing a local company to set-up the Main Stage for the first time.Maecal Electronics provided the audio, visual, lighting and staging for Bahamas Carnival Experience, replacin
Port bids to make freeport 'shine'
The Grand Bahama Port Authority (GBPA) is continuing to rid the island of abandoned, derelict and structurally-unsound properties as it completes demolition of a former business plaza.“The beautification and maintenance of the city of Freeport is alw
'Tech hub' pioneers parks jobs frenzy
The investor aiming to kickstart Grand Bahama’s “technology hub” yesterday pledged to fully “Bahamainise” “sooner rather than later”, having been inundated with 100 job applications per day.Greg Wood, GIBC Digital’s chief executive, told Tribune Busi
