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Revised Kerzner deal 'imminent'
A "CONSORTIUM" of lenders, rather than Brookfield Asset Management by itself, was last night said to be on course to "imminently" take over ownership of Kerzner International's Paradise Island resort, previous dissent from one of the 'middle' creditors having been quelled.
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
ATLANTIS 'VERY CONFIDENT' ON PRE-RECESSION TREND
By NEIL HARTNELL Tribune Business Editor While Atlantis's performance for March and April 2012 has matched pre-recession levels, Kerzner International (Bahamas) top executive yesterday said the resort - although "very confident" -wanted to "see what happ
Out Island resort bookings up 8-9%
FAMILY Island resorts are reporting high occupancy levels and strong bookings through April, with one hotel manager telling Tribune Business that bookings were up 8-9 per cent through next month and the remainder of the year.
Women’s national soccer team prepare to host USVI
WITH a slightly different team that played in their first Gold Cup match, head coach Ricqea Bain is confident that the women’s national soccer team will perform much better as they christen the newly renovated field at the Roscoe Davies Developmental Center.
Officials making ‘final preparations’ for Bahamas Golden Jubilee Games
WITH five days remaining until the country’s 50th year of Independence, and two days remaining until the official start of The Bahamas Golden Jubilee Games officials are making final preparations to ensure the public and athletes enjoy the celebratory sporting event.
North Andros residents in the dark after BPL fire
NORTH Andros residents scrambled to preserve their goods and cool their bodies after a fire destroyed all generator units at a Bahamas Power and Light station in North Andros yesterday.
PM dismisses concern GBPA dispute will undermine investor confidence
PRIME Minister Philip “Brave” Davis dismissed concerns that the government’s dispute with the Grand Bahama Port Authority (GBPA) undermines investor confidence and suggested that investors already lacked interest in the island.
Businessman hails end to COVID travel permit's 'nightmare'
A Bahamian businessman has hailed the end to the government’s COVID-19 travel card “nightmare” that he says cost his corporate group “two weeks’ worth of work”.Robert Myers, head of the Caribbean Group of Companies, told Tribune Business that the req
Body cams by August - Dames
THE long-awaited body cams for law enforcement officers are now in the country and are expected to be officially rolled out by August, National Security Minister Marvin Dames revealed in the House of Assembly yesterday. In the meantime, the minister
Independence celebrations get underway in Grand Bahama
THE 48th Bahamas Independence anniversary celebrations kicked off on Friday, with flag-raising ceremonies throughout the island of Grand Bahama and a display of national colours and pride.
Customs system in GB ‘beyond repair’
Bahamas Customs yesterday said its electronic system for clearing goods on Grand Bahama is “beyond repair”, warning that the island’s cross-border commerce will return to manual process until September.
Virtual plan for Abaco business conference
The Abaco Business Outlook (ABO) conference will take place virtually from October 15-16 under the theme, A new era: Resilience in the face of vulnerability.
Gov't pushes on PPP financing for airports
The Government has "shifted" to a public-private partnership (PPP) model to finance "hundreds of millions of dollars in investments" for Family Island airports, a Cabinet minister said yesterday.
Closures signal ‘illegals extraction’
IMMIGRATION Minister Elsworth Johnson said yesterday immigration officials will “extract” undocumented migrants living in shelters throughout New Providence once those facilities have been deactivated.
URCA proposes up to 90% cut in call terminate fees
Regulators are proposing up to 90 percent “interim” cuts to a selection of call termination charges levied by the major Bahamian communications carriers, it was revealed yesterday.
Newly-launched grant gets 411 applications
The Small Business Development Centre (SBDC) has received 411 applications from businesses eager to access a $5,000 self-starter grant within a month of the initiative's launch.