Tourism targets Latin American expansion
THE Ministry of Tourism has brought Latin America to the Bahamas through a recent familiarisation trip for journalists.Media personalities from Colombia, Peru and Panama visited Nassau and Paradise Island to receive a taste of Bahamian culture, as th
'No way' Nassau Flight Services buyer foreign
The Government was yesterday “adamant” that Nassau Flight Services (NFS) will be privatised by selling it to a 100 per cent Bahamian group not previously involved “in the big deals”.Dionisio D’Aguilar, minister of tourism, told Tribune Business there
WTO to 'move the needle' on business ease
THE Bahamas’ chief negotiator says joining the WTO can help solve this nation’s ‘ease of doing business’ woes, arguing: “We must move the needle on new industries.”Raymond Winder told Tribune Business that becoming a full member of the rules-based tr
Franchise operators slam 'fast food tax'
BAHAMIAN operators have slammed the idea of a ‘fast food’ tax as an “unnecessary financial burden” on Bahamian families that will do nothing to curb the obesity crisis. Terry Tsavoussis, vice-president of Aetos Holdings, which operates the Wendy’s, M
BTC approves 100 voluntary departures
THE Bahamas Telecommunications Company (BTC) has approved just under 100 employee voluntary separation packages (VSEP), with a union chief suggesting it is due for a post-2011 privatisation ‘report card’. Bernard Evans, the Bahamas Communications and
BTC breaches 'no trivial' issue
REGULATORS have fined the Bahamas Telecommunications Company (BTC) almost $31,000 for violating pricing and consumer protection rules, rejecting its claim that the breaches were “trivial”.The Utilities Regulation and Competition Authority (URCA), in
Aliv near 'end game' over network roll-out
ALIV says it is “close to the end game” on its network roll-out, its top executive expressing confidence the full build-out will be completed within the two-year target.Damian Blackburn told Tribune Business that 93.5 per cent of the mobile provider’
Bahamas First holds governance seminar
BAHAMAS First Holdings (BFH) recently hosted a training seminar for company directors on sound corporate governance principles, as part of its ‘knowledge transfer’ programme.The event was facilitated by the Institute of Directors (IOD), a UK-based tr
Hurricane Hole to be $250m 'PI downtown'
Hurricane Hole will become “the downtown of Paradise Island” via its $250 million transformation, its principal developer yesterday revealing 50 per cent of retail space is already pre-leased.David Kosoy, Sterling Global Financial’s chairman, told Tr
Fishermen: We're just scratching surface on our exports potential
FISHERMEN yesterday backed a Cabinet Minister’s goal of doubling Bahamian fisheries exports to near-$200 million, telling Tribune Business: “We don’t fish our ocean, only our banks.”Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BCFA) vice
Fund 'a victim of its own success' with 35% growth
RoyalFidelity’s Prime Income Fund was yesterday said to have become “a victim of its own success” after enjoying 35 per cent growth over the past year.Joseph Euteneuer, the investment bank’s mutual fund manager, told Tribune Business it was increasin
Ex-GB Chamber chief hits 'fringe environmentalists'
A FORMER Grand Bahama Chamber of Commerce president yesterday hit out at “fringe environmental groups” for slamming an industrial sector that has proven the island’s “life support”.Kevin Seymour, emphasising that he was not speaking for Pharmachem Te
QC: ‘What is Gov’t hiding’ over GB Power buy-out?
AN outspoken QC last night slammed the Government’s bid to strike out his legal challenge to the $35 million GB Power buy-out, and asked: “What do you have to hide?”
Bahamas bids for nine World Travel Awards
THE Bahamas is competing for nine different awards at the upcoming 25th World Travel Awards.This nation is vying with rival destinations for awards in the categories of: Caribbean’s Leading Beach Destination; Caribbean’s Leading Cruise Destination; C
IAN FERGUSON: Ignore worker emotional intelligence at your peril
MUCH emphasis has historically been placed on skills and competencies in the workplace, and the direct correlation they have to productivity and efficiency. Since the 1990s, though, greater emphasis has been placed on the emotional intelligence of em
