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New Fresh Market 'beats' predecessor's first day sales

AML Foods yesterday said its new Solomon’s Fresh Market store at Harbour Bay exceeded the first day sales achieved by its western New Providence counterpart, its chief executive anticipating that a further five-10 staff will need to be hired.

Atlantis group bookings pace up 132% for ‘15

Atlantis’s 2015 group booking pace is up 132 per cent, its top executive said yesterday, with the Paradise Island resort’s booking for the past three months “off the charts”.

Bahamas must double growth to slash unemployment 50%

The Bahamian economy must grow at an average annual rate of 5.5 per cent between 2013-2018 to slash the unemployment rate in half, the International Monetary Fund (IMF) has warned.

YOUNG MAN'S VIEW: Tourism Ministry is on the right track

FRANKLY, the termination of contracts between the Ministry of Tourism and international public relations companies, in favour of local companies, seems to indicate that the ministry has decided that the best way to promote the Bahamas and recapture and expand market share is to allow natives—with an everyday outlook on all things Bahamian—to have a shot at reinvigorating that ministry’s approach to the marketing and development of our tourism product.

Warning of lower growth than forecast

The International Monetary Fund (IMF) yesterday slashed its 2013 economic growth forecast for the Bahamas by 80 basis points, prompting an Opposition MP to urge: “We have to find new ways to grow this economy.”

FNM says minister should sacked

FOREIGN Affairs Minister Fred Mitchell last night shot down calls for his termination from the Cabinet of the Bahamas, denying any alleged cover-up of physical abuse to Cuban detainees at the Detention Centre earlier this year.

Gibson thinks he has unlimited power

AT LAST the long expected National Insurance Board’s forensic audit report — commissioned by the government last year — is public, leaving more questions than answers.

Dingman comes to Bay Street

An investor group headed by Jamie Dingman has leased 25 per cent of the units in a major Bay Street shopping plaza, Tribune Business can reveal, with plans to create a restaurant destination unmatched “except for Marina Village”.

BTC to invest millions in new cell build-out

THE Bahamas Telecommunications Company (BTC) is set to invest several million dollars in building-out 15-18 new cell phone tower sites nationwide within the next 14-18 months, having already switched 25 per cent of its fixed-line customers over to the Next Generation Network (NGN).

Bahamas 'ass backwards' over oil negotiations

A well-known attorney yesterday said the Bahamas had done an “ass backwards” job in negotiations with the Bahamas Petroleum Company (BPC), arguing that the country should receive “no less than 60 per cent” of the proceeds if commercial quantities of oil were discovered.

This was published in this morning's paper Minister's trade mission to Dubai

EDITOR, The Tribune.

Briefly

“EVERY time I open my mouth I lose my civil liberties in this country,” commented a woman who has lived in the Bahamas for many years, but still has a distinct Jamaican accent.

Gov't approves Ocean Club deal

The Prime Minister yesterday confirmed that Access Industries, the conglomerate controlled by Ukrainian-born billionaire Len Blavatnik, had received government approval to acquire Paradise Island’s One & Only Ocean Club.

Gov't spending cut will 'choke economy to death'

A former finance minister has blasted the private sector for continuing to criticise the Government despite largely getting the Value-Added Tax (VAT) regime it wanted, arguing that many did not understand the fiscal “complexities”.

BAHARI:The Independence Collection

WITH the Bahamas’ 41st Independence just around the corner, we are sure to see the creative 242 paraphernalia emerging all throughout the islands.

Carrier's $40m spend waits on Gov't approval

A Bahamas-based communications provider will invest at least 80 per cent of its planned $50 million capital expenditure programme in this nation, once the Government approves its majority acquisition by an international player.

Displaced students taken in at Blairwood Academy

STUDENTS from two Family Islands affected by Hurricane Joaquin have been taken in by Blairwood Academy to continue their schooling as their homes and schools are rebuilt.

BEC layoffs ‘likely’ - but not hundreds

PRESIDENT of the Bahamas Electrical Workers Union Paul Maynard yesterday said that layoffs at the Bahamas Electricity Corporation are “likely” and “to be expected” when the new management company takes over, however he said it will not be in the “hundreds” as is now being speculated.

Why taking care of baby teeth is vital

HOW important is the care of baby teeth?

Man accused of impersonating pilot

A MAN accused of posing as a pilot and attempting to get work with various airlines faces up to seven years imprisonment if convicted of several fraud charges on which he was arraigned in Magistrate’s Court yesterday.

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