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CWC ‘backdoor’ was ‘red flag’ for BTC privatisation

Cable & Wireless Communications (CWC) “backdoor” entrance should have been “a red flag” to the Ingraham administration that the Bahamas Telecommunications Company’s (BTC) 2011 privatisation was ill-timed, a well-known businessman said yesterday.

Baha Mar facing 'lot of pressure'

Baha Mar faces “a lot of pressure” to drive economic and fiscal recovery, a Moody’s analyst yesterday questioning whether there was enough tourist demand to fill the net 2,100 room increase at Cable Beach.

BTC ‘not immune’ from CWC’s $100m cost push

The Bahamas Telecommunications Company (BTC) will “not be immune” to the $100 million savings drive of its majority shareholder, which yesterday said its Bahamian asset’s operating costs were still “higher than we’d like to see”.

RICHARD COULSON: The rebirth of Baha Mar

While the deadline remains tight, Richard Coulson senses renewed optimism over the April opening of the Cable Beach luxury resort . . .

Roll on-roll off vessel joins Defence Force fleet

THE fifth and largest vessel in the new fleet of the Royal Bahamas Defence Force as part of the government’s Sandy Bottom Project, the auxiliary landing craft HMBS Lawrence W Major, arrived in Nassau on December 4.

Telethon to help raise $3m to fight cancer

THE Cancer Society of The Bahamas has announced its first telethon that will launch the organisation’s campaign to raise funds towards the $3m construction of the country’s first hospice care facility to help cancer patients.

Fidelity mulls five for one stock split

Fidelity Bank (Bahamas) is mulling a five-for-one stock split due to its present share price, its chief executive has revealed, with the long-awaited move finally set to happen this quarter.

Strike a pose: New teachers strive to spread the word about yoga

TWELVE yoga instructors have completed an intense programme at Studio Ohana to become 200-hour certified vinyasa teachers.

Dupuch hits govt with $28m writ over debt

A PROMINENT Bahamian publishing company - which is in no way connected with The Tribune and its affiliates - is suing the government for $28.8m with interest to secure payment for the production of more than five million publications promoting and advertising The Bahamas.

Deal aims to improve air links with China

TRANSPORT and Aviation Minister Glenys Hanna Martin yesterday formally signed a memorandum of understanding on an air services agreement between the People’s Republic of China and the Commonwealth of the Bahamas.

BTC fearing $25-$30m roaming revenue loss

The BAHAMAS Telecommunications Company (BTC) is looking at a potential $30 million roaming revenue loss in its upcoming financial year after foreign carriers threatened to block their customers from using their phones in the Bahamas.

BTC expands GB restoration teams

The Bahamas Telecommunications Company (BTC) yesterday said it has expanded its Grand Bahama recovery team as it seeks to fully restore communications services to the island. Besides restoring landline, internet, TV and mobile services, BTC added th

BTVI helps global women in IT PUSH

The Bahamas Technical and Vocational Institute (BTVI) recently joined a worldwide push to encourage women to consider educational and career paths in science, technology, engineering, and math (STEM).A one-day Girls Power Tech conference, sponsored b

BTVI encouraging girls to choose science first

THE Bahamas Technical and Vocational Institute recently joined a list of other countries encouraging girls and young women to consider educational and career paths in science, technology, engineering, and math (STEM). A one-day Girls Power Tech conf

Baha Mar dispute is damaging investment reputation, says Turnquest

THE Opposition’s finance spokesman yesterday called for ‘civility’ in the ongoing public spat between the Christie administration and Baha Mar developer Sarkis Izmirlian, warning that the country’s reputation in the international investment arena could be jeopardised.

Butler-Turner: Baha Mar bungling risking economy

THE Bahamas’ economic future is now in “dire jeopardy” due to the “drastic miscalculations, belligerence and widespread incompetence” displayed by the current Christie administration in its handling of the Baha Mar ordeal, according to Long Island MP Loretta Butler-Turner.

US bankruptcy judge tells Baha Mar dispute parties to ‘keep talking’

THE bankruptcy judge hearing the Baha Mar Chapter 11 filing in Delaware on Friday outlined two possible middle-ground rulings on whether to dismiss the resort developer’s case and said he would present his decision as soon as possible, likely next month, according to report in The Wall Street Journal.

BTC job cuts ‘show conflicting statements’ of govt

FNM Chairman Michael Pintard said yesterday that the controversy surrounding the Bahamas Telecommunications Company’s expected downsizing exercises exposes the “inconsistent and conflicting statements” that the Christie administration is making on national matters.

AIRPORT IS HIT BY LATEST POWER CUT

DARKNESS shrouded the Lynden Pindling International Airport’s three terminals for a short time yesterday as in-house generators failed to activate after a Bahamas Electricity Corporation (BEC) service disruption which affected several areas of New Providence.

Are we forgotten?

We the residents of the Bozine Drive and Knowles Drive off Tonique Williams Darling Highway are very much still in awe and await your response to the land deal between the Government of The Bahamas, Land Co and the ‘Bozine Town’ residents.

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