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Balmoral chief 'taking plunge' in $30m project
The Balmoral’s principal yesterday revealed he is “taking the plunge one more time” with an upscale $30 million condo project at Cable Beach, a development that is set to create around 150 construction jobs.
FRONT PORCH: Curiosity and discernship in leadership
AMERICAN journalist and author David Simon, better known as a writer and producer of The Wire, captures the role of curiosity in human endeavour: “The why is what makes journalism an adult game. The why is what makes policy coherent and useful.
With Aliv Business Makeover campaign companies can win up to $90k in prizes
BUSINESSES can win up to $90k in prizes to help their enterprises grow as part of Aliv’s Ultimate Business Makeover campaign.
Electricity out in west
RESIDENTS in Western New Providence were without electricity for most of Tuesday night into Wednesday morning after a transformer went off-line.
BTC to have Bahamian majority at board level
PROVISIONS have been mutually agreed upon between Cable and Wireless and the Government to ensure that Bahamians are at all times the majority on BTC’s board of directors.
BAHA MAR'S OCCUPANCIES 3-4% ABOVE FORECAST LEVEL
By NEIL HARTNELL Tribune Business Editor While occupancies at Baha Mar's two existing Cable Beach resorts are trending 3-4 per cent ahead of 2012 forecasts, the resort developer yesterday said they had yet to reach "levels considered acceptable", followi
Tribune trio win press club awards
The Bahamas’ leading journalists gathered at the Hilton Hotel on Saturday night to celebrate this year’s winners and nominees in the Bahamas Press Club’s fifth annual media awards.Special honour on the night was made to Ed Bethel who received The Eti
Gov't urged: 'Redirect energies' following BTC
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has urged the Government to “redirect its energies” to more pressing issues, now it has resolved the Bahamas Telecommunications Company (BTC) deal behind it.
Aliv: Yields up by 10% in one year
Aliv’s top executive yesterday revealed that per customer revenue yields have increased by ten percent over the past 12 months as the mobile operator moves to “reinvent the store experience”. Damian Blackburn, speaking as the upstart provider celebr
Western NP real estate's 'record breaking' pace
Real estate sales in western New Providence have hit “a record-breaking pace”, Tribune Business was told yesterday, with one prominent development having found buyers for $21 million worth of property in just seven-eight months.
Telethon raised $237,000 to help hurricane victims
IT TOOK nearly 200 people, hours of planning and the camaraderie of companies more accustomed to competition than co-operation, but when it was over, the national telethon Rebuild Bahamas proved that the citizens could make a success out of adversity and help fellow Bahamians in need.
Former AG seeks $100,000 damages
FORMER Attorney General Carl Bethel is appealing the ruling of a judge in his libel case against Cable Bahamas and Carter Broadcasting Media and is seeking $100,000 in damages for a report aired three time on the news, which he claims was defamatory and untrue.
Ministry supports Marathon Bahamas High School Relays
The Ministry of Education, Science and Technology threw its support behind Sunshine Insurance Management, yesterday providing a grant to make sure that next weekend’s High School Relays in the Marathon Bahamas is another success.
Bahamas' $1.5bn FDI tops small states
The Bahamas’ led all small island developing states (SIDS) by attracting $1.533 billion in foreign direct investment (FDI) inflows in 2011, a UN body’s report has revealed, although a senior private sector official said this nation “needs a bit more” to turn its economy around.
An investor calls it nationalisation
IT SEEMS that Prime Minister Christie’s plans to move full steam ahead to regain the remaining two per cent of Bahamas Telecommunications Company and return it to government control, will start in August.
‘Put money where mouth is’ on $70m mobile offering
Some institutional investors are seeking extra time to make a “maximum investment” in the new mobile operator’s majority shareholder, with the process at the “put your money where your mouth is” stage.
Playing on the global stage should be the goal
IT is difficult to say how much the 2014 FIFA World Cup has really impacted the Bahamas, a country that is not a “footballing country” and where the global sport has to be purchased from the local cable company to be viewed. I find that absolutely appalling: the world’s game should be free.
PM ‘confident’ of pay soon for Baha Mar contractors
PRIME Minister Perry Christie said he is confident that China Construction America will soon start paying Baha Mar’s Bahamian subcontractors and restart its efforts to complete the mega resort in Cable Beach, so long as Supreme Court appointed provisional liquidators approve their plans.
Sandyport Hotel enjoys record occupancy
SANDYPORT Beaches Resort and Hotel is enjoying a record-breaking year, with weekend occupancy levels often at 100 per cent for the seaside and Sandyport Marina Village hotel.