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Franchise group hits ‘underserved’ chicken market

Aetos Holdings yesterday said it was targeting an “underserved chicken market” with its third fast food franchise, and expressed optimism that its latest global brand will “more than exceed” their financial goals.

Baha Mar beat local bidding target by 68%

Baha Mar says it has “far exceeded” its commitment to provide Bahamian contractors with $400 million worth of work, beating this target by 67.8 per cent while more than 6,000 local jobs to-date.

CIBC:‘No plans’ for further terminations

CIBC’s top Caribbean executive yesterday said the bank had “no plans” for any further major outsourcing of jobs from the Bahamas, emphasising it was targeting the retail and private wealth management segments for growth.

$50m Arawak Cay project targets ‘Tesla-like’ impact

A Bahamian former professional basketball player is investing $50m in an Arawak Cay manufacturing facility he hopes will enable this nation to become “a leader in the field” of climate-resilient construction.

Victimisation by the PLP

THE assertion that the FNM engaged in victimisation while in office is not true and such an allegation cannot be substantiated by the record.

Praising our nurses

Before God and those assembled here, I solemnly pledge to adhere to the code of ethics of the nursing profession.

$73m ‘zero carbon’ project targets 36k annual visitors

A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.

PharmaChem close sparks GB population shrink fears

The Grand Bahama Port Authority’s (GBPA) is “deeply saddened” by PharmaChem Technologies imminent closure amid fears it will further depopulate an already-shrinking Freeport.

Ministers vow poll won’t alter agenda

ACTING Prime Minister Peter Turnquest admitted yesterday the government’s communications with the public have sometimes missed the mark and said it plans to ramp up its public relations efforts soon.

BTC chief: Unproductive staff should be 'anxious'

THE Bahamas Telecommunications Company’s (BTC) chief executive has warned that unproductive staff should be “anxious” for their jobs as the company is “late” in adjusting to competition.Garfield “Garry” Sinclair told Tribune Business he wanted to pro

Cheesesteak franchise targets up to seven locations

A prominent US cheesesteak franchise yesterday unveiled plans to expand to up to seven Bahamas locations as it opened its second Nassau outlet with the creation of 40-50 jobs.

ALICIA WALLACE: They expect our votes but are too cowardly to even stand up and defend themselves

General elections loom ahead with no firm date, though the current administration promised fixed election dates and fixed terms for Prime Ministers in its 2017 campaign, and debates are being organized.

Playing ‘catch up’ on $200m clinic needs

The Bahamas will always be “playing catch up” with public health infrastructure needs that could amount to $200m just to upgrade community clinics, a former Cabinet minister has revealed.

Financial services shed nearly 160 jobs in 2020

The Bahamian financial services industry shed almost 160 jobs in 2020, a Central Bank report has revealed, with the banking sector suffering multi-billion dollar declines in “balance sheet” and “fiduciary” assets.

‘Frustration at a peak’ on $90m project delay

An Elbow Cay developer yesterday revealed “frustration has reached a peak” over obstacles impeding a $90m project that could help “supercharge” Abaco’s post-Dorian economic revival.

Disney targeting Lighthouse Point work start in 2021

Disney Cruise Line yesterday voiced hope it can start developing its Lighthouse Point project this year while reaffirming the investment and job creation commitments given pre-COVID-19.

Bahamasair's cash burn at $7m on 'deeper dive'

A "deeper dive" has revealed Bahamasair is burning through $7m per month in what one Cabinet minister yesterday described as a "vexing" problem for taxpayers and the Public Treasury.

PLP 'crazy' to oppose brain drain reversal

A CABINET Minister yesterday slammed the PLP’s “crazy” opposition to the Government’s bid to halt the loss of the Bahamas’ “best and brightest”.Dionisio D’Aguilar, minister of tourism, told Tribune Business that the Minnis administration was trying t

INSIGHT: Dealing with the devil

LOCAL media exploded last week upon the startling revelations surrounding Oban Energies’ non-executive chairman, Peter Krieger. The government’s initial announcement of a $5.5bn oil refinery project in Grand Bahama initially seemed like a proactive step towards getting Bahamians back to work. However, as last week unfolded, the citizenry has become widely sceptical and Prime Minister Minnis, who seems to can’t win for losing and is yet again looking as though he is out of his depth.

Ex-gaming minister: 'Ideal time' for lottery

The ex-minister who oversaw the web shops’ legalisation yesterday said it was an “ideal time” to introduce a national lottery, suggesting it could generate $150-200m per annum. Obie Wilchcombe, the former minister of tourism, while criticising the go

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