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Communications sector rebounds through 3.7% growth in turnover

The Bahamian communications industry saw its total turnover increase 3.7 per cent year-over-year to hit $444 million in 2011, regulators have estimated, despite cellular phone subscribers falling by 90,000 since 2009.

Gov't pledges to bridge 30k home digital divide

The Government's long-awaited Electronic Communications Sector policy pledges to bridge the 'Digital Divide' that has left 30,000 Bahamian households without broadband Internet, deeming this essential for "further and faster" economic growth.

Baha Mar sues construction company in UK High Court

BAHA Mar Limited, the parent company behind the stalled $3.5 billion mega-resort in Cable Beach, is suing China State Construction Engineering Corporation Ltd, the resort’s largest creditor, one day after filing for Chapter 11 bankruptcy in the United States.

Sunk by record rainfall

THERE was a record 12.37 inches of rainfall on Saturday as the western part of New Providence experienced serious flooding sparked by torrential downpour.

Scooter, jet ski operators shrug off US warning

BAHAMIAN jet ski and scooter rental companies yesterday said the latest US crime alert had not dampened what one operator described as an “exceptionally good” Spring Break.

Entrepreneur touts plan for junior stock market

A Bahamian financial services entrepreneur says it plans to launch a junior stock exchange in the 2020 third quarter that will bring investor capital and agribusiness projects together.D’Arcy Rahming Jr, the project’s chief technical officer, said in

Retail sales 'off terribly' at 10% below expectations

Retail sales are “off terribly from expectations”, a leading merchant telling Tribune Business they were down “at least 10 per cent” from forecast.

BTC warns on 'up to 60%' price cuts

THE Bahamas Telecommunications Company (BTC) has warned that preliminary efficiency targets set for it by the industry regulator could force it to reduce wholesale prices "by up to 60 per cent", something that would "substantially damage" its ability to finance existing operations and investment in new services.

Abaco cays in BPL cables funding offer

A Cabinet minister yesterday said the government will have to give a “deadline” for several of the Abaco cays that have pledged to finance the provision of underground utility cables post-Dorian.Desmond Bannister, minister of works, told Tribune Busi

SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

SCOTIA'S $59M REVERSAL OF 'FIRST EVER NET LOSS'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) exceeded its 2011 internal projections through an almost $59 million reversal of its first-ever annual loss, its managing director telling Tribune Business it is targeting a "better year" for

Mega hotels must collaborate to hit 'even keel' state

The Government and major hotels need to collaborate on a “brand Bahamas” strategy to prevent ‘cannibalisation’ and ensure the industry remains on “an even keel”, a former tourism minister urged yesterday.Obie Wilchcombe told Tribune Business that the

Bahamas joins in global celebration of women in ICT careers

THIS Thursday, the Bahamas will join more than 150 countries around the world in encouraging young women to consider careers in the field of information and communication technology (ICT).

Bethel Trucking response to Hot Mix editorial

Bethel Trucking response to Hot Mix editorial EDITOR, The Tribune. Re: Editorial of March 14,2012 headed "Bahamas Hot Mix meets internal standards" We represent Bethell's Trucking and Heavy Equipment Service Limited (the Company) and Mr Stanley Bethel

BTC owner reinforces Bahamas commitment

The Bahamas Telecommunications Company’s (BTC) majority shareholder effectively hit back yesterday at Prime Minister Perry Christie’s concerns over its asset sales, adding that $749.7 million it would receive for exiting Macau will be ploughed back into its Bahamian - and Caribbean - interests.

‘My horror at becoming victim of attempted robbery’

A BAHAMIAN today told a reporter the horror story of how she and three of her friends were held up on Christmas eve by two men on motorbikes, who tried to get into their car and rob them.

Clubs and societies 11/12/14

Cycling Club Bahamas. - Tomorrow – Give a Child a Ride bike ride and race, 6:30am in Pompey Square, Down Town Nassau, http://www.giveachildaride.com.

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