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BTC revenue growth slows to only 1.3%
The Bahamas Telecommunications Company’s (BTC) year-over-year revenue growth slowed to just 1.3 percent year-over-year for the 2022 third quarter even though it remained ahead of prior year comparatives for the first nine months.
BTC facing ‘day by day’ fight on mobile rebound
The Bahamas Telecommunications Company (BTC) faces “a real day-by-day fight” to reclaim mobile market share lost to Aliv, its newly-appointed chief executive has admitted.
Boy feared lost rescued as he sat in tree waiting
A LITTLE boy feared lost in the devastation wrought by Hurricane Dorian in Abaco was found sitting on a tree, according to an update from his father. A post from Mack Altidor on Facebook said his son Brenden Dion Altidor was found by an unnamed man
Bahamas may have to 'guarantee' extra Baha Mar airlift
The Minister of Tourism yesterday said the Bahamas may have to offer airlines financial guarantees to generate the extra 314,000 seats required for Baha Mar, promising: “We’re on top of it.”Dionisio D’Aguilar told Tribune Business that this nation ma
Markets await $150m in capital raisings
With more than $150 million worth of finance raisings set to come to market next year, a leading investment banker yesterday said 2013 could be “the best year ever” for the Bahamian capital markets.
Will the security of the Bahamas be put at risk?
FOREIGN AFFAIRS Minister Fred Mitchell’s statement in the House of Assembly yesterday is enough to give every serious-thinking Bahamian nightmares.
Trust - historic or broken?
EDITOR, The Tribune.
Will indoor smoking be stubbed out?
LEGISLATION to establish an indoor smoking ban is before Cabinet, acting Chief Medical Officer Dr Delon Brennen confirmed yesterday.
City Markets: 'Less than $2m' left for creditors
The sale of City Markets’ leasehold interests has finally been completed, but its principal warned that “less than $2 million” will be left for the remaining creditors - including his family and former staff - to fight over.
CWC demanded three-year cell monopoly extension
Cable & Wireless Communications (CWC) initially demanded a three-year extension to the Bahamas Telecommunications Company’s (BTC) existing cellular monopoly as the price for giving up majority ownership, Tribune Business was told yesterday.
Govt insists it took right decision over Baha Mar
A DAY after former Prime Minister Hubert Ingraham called the Christie administration’s push to have Baha Mar liquidated a bad move, the government hit back saying provisional liquidation “was the only sensible option available”.
‘Magical partnership’ urged between Gov’t and private business
The Government and private sector were yesterday urged to form “a magical partnership” to combat high unemployment and escalating levels of violent crime.
Exuma’s tourism up 21% as utilities ‘behind 8-ball’
The Deputy Prime Minister yesterday asserted that Exuma is “going places” with tourism 21 percent ahead of pre-COVID levels, but admitted this growth caught the public utilities “behind the 8-ball”.
Gov't 'refused' to give oil driller full compliance
The Government yesterday said it had “refused” to provide the Bahamas Petroleum Company (BPC) with documentation confirming it was in full compliance with its licence terms and conditions, saying there were “outstanding” environmental issues that needed to be addressed.
Tourism pledges ‘proactive reply’ to new US crime alert
THE Minister of Tourism has ordered his officials “to become a lot more proactive” in addressing US safety concerns, after the Bahamas was subjected to another ‘crime alert’.
EDITORIAL: Goodbye, Mr Nygard – 34 Years is Enough
LAST Friday, Deputy Provost Marshal Tommy Sands accompanied by a team of police officers seized the Simms Point/Nygard Cay premises of Canadian fashion mogul Peter Nygard, ending a nearly two-day standoff that some called unprecedented and shocking. Those who were appalled that Nygard’s staff managed to defy the third highest-ranking security officer of the land for the better part of two days, refusing him entry despite an order from the highest court in The Bahamas, should not have been surprised.
Baha Mar's $300m spend aids Nassau 'renaissance'
A top tourism executive yesterday described Baha Mar’s $300m water park as the latest element in Nassau/Paradise Island’s “renaissance” as a tourism destination.Fred Lounsberry, president of the Nassau/Paradise Island Promotion Board, told Tribune Bu
Tourism ministry aims to counter any negative publicity
THE Ministry of Tourism will be “intensifying” its promotional campaign in an effort to counteract any negative impact from last weekend’s shooting death of an American man, Minister Obie Wilchcombe said yesterday.
'Worried about Baha Mar'
A well-known architect is “worried” about the $2.6 billion Baha Mar project’s prospects for success, arguing that its casino was not an “attraction base”.
