| The Tribune

‘Appetite for more’: Deals for $150m in capital eyed

A Bahamas-based investment banker has revealed three further capital raisings, each worth between $20m-$50m, are set to launch this year while asserting: “There’s definitely appetite for more transactions.”

BTC mobile competitor ‘not planning to lose’

The Bahamas’ second mobile operator says it is “not planning to lose”, as it kicked-off its market entrance with the introduction of the ‘Aliv’ brand, promising to deliver a superior experience and customer plans.

TOUGH CALL: Deadlock at Baha Mar

THE Baha Mar resort has been in the works so long that it is easy to forget the way we felt about this massive development at different points along its ponderous trajectory.

The Bahamas tops region on royalty payments

The Obama administration has praised the Bahamas for being the only Caribbean nation to make royalties payments to TV programming rights holders in 2013, boosting this nation’s reputation as a “responsible trading” partner.

Baha Mar: Minister confirms deal close

A SENIOR Cabinet minister in the Christie administration yesterday confirmed that stakeholders were close to finalising a deal to complete and open the $3.5 billion Baha Mar resort.

Airport sees 11% passenger increase

Passenger traffic at the Lynden Pindling International Airport (LPIA) increased 11 per cent year-over-year this summer, with Baha Mar’s $2.6 billion Cable Beach expansion expected to drive a 30 per cent annual footfall increase come 2015.

PM tours GoldWynn site

PRIME Minister Philip “Brave” Davis and other government officials toured the construction site of the multi-million-dollar GoldWynn hotel and residences project on Cable Beach last week to view the development’s progress.

BPL blackout - the misery drags on

Load shedding is expected to continue in parts of New Providence this week as demand for electricity peaks, a Bahamas Power and Light spokesperson confirmed yesterday.

'The Cinemas' to air on local television

“THE CINEMAS”, a new movie review show, aims to reach a wider audience when it is aired on local television starting next week.

Super Value chief 'forging ahead' in 3-store takeover

SUPER Value's president yesterday said he was "forging right ahead" with the takeover of three former City Markets' locations, having put out "bids" for the re-equipping of the South Beach and Seagrapes sites, as he told Tribune Business: "We're aiming to be number one."

Baha Mar talks ‘need two sides’

BAHA Mar developer Sarkis Izmirlian yesterday stressed to Prime Minister Perry Christie that he could not be the “only hand clapping” in negotiations to complete and successfully open the $3.5bn Cable Beach resort.

RENEWABLE ENERGY FIRM UNVEILS BAHAMAS HEAD

OCEAN Thermal Energy (OTE) has appointed of Susan Larson as senior vice-president and executive director to head up its Bahamas operations. OTE Corporation is building the world's largest seawater district cooling system (SDC) for the $3.4 billion Baha Ma

Webinar to explore tourism rebranding

The Bahamas Business Outlook series organiser will this Thursday stage a webinar to explore how this nation can rebrand, strengthen and diversify its tourism product post-COVID-19. The Tourism and hospitality: Strengths in rebranding webinar will fe

Ex-Indigo owner: Tax changes made us 'bit nervous'

By NEIL HARTNELL

Sandyport: 100% lease out 'great achievement'

Sandyport believes it has notched “a great achievement” through having its residential real estate portfolio 100 per cent leased, with tenants snapping units up before they are built.

GOVT LIKELY TO SELL 40% PORT EQUITY STAKE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co

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