| The Tribune

Union to make late effort to prevent BTC strike action

THE Bahamas Communications and Public Officers Union will make a last-ditch effort today to avoid possible strike action by presenting its members with a proposal from BTC’s management outlining their future employment conditions, BCPOU Secretary General Dino Rolle said yesterday.

Gov’ts initial Baha Mar winding-up ‘highly irregular’

Justice Ian Winder has “struck out” the Government’s original $59 million ‘omnibus’ petition to wind-up Baha Mar for being “highly irregular”, although he did allow those by several of its key agencies to move forward.

Scotiabank confirms branch changes and job losses

SCOTIABANK (Bahamas) yesterday confirmed that four of its branches will be consolidated into other locations while two Family Island offices will be closed over the next six months.

FNM: Middle class are hardest hit by layoffs

THE impending layoffs at Scotiabank (Bahamas) and reports of possible downsizing in the hotel industry signal a “scary” climate for the middle class, FNM Deputy Leader K Peter Turnquest said yesterday.

No end in sight for BEC load shedding

THE Bahamas Electricity Corporation will continue load shedding across New Providence indefinitely, according to the company’s Executive Chairman Leslie Miller.

Miller says outage problem is 'worst he's ever seen'

BAHAMAS Electricity Corporation customers can expect to see an increase of “about $25 to $30” in their October bill, BEC Executive Chairman Leslie Miller said yesterday.

Three Romanians deny involvementin ATM hacking

By LAMECH JOHNSON

BEC to spend $6m on new generators

THE BAHAMAS Electricity Corporation is expected to purchase five or six new generators in the coming weeks for about $6 million, the corporation’s Executive Chairman Leslie Miller said yesterday.

Miller to give answers on cause of BEC malfunction

BAHAMAS Electricity Corporation Executive Chairman Leslie Miller said he will release a report today detailing exactly what caused BEC engines to malfunction on Monday, leaving more than 50 per cent of New Providence without electricity.

Sandals: Under 2/3 of workers reapply

Renovations at Sandals Royal Bahamian are ‘on track’ to be completed in time for its planned mid-October reopening, the resort’s project manger said yesterday, adding that the daily construction workforce would peak at 200 persons.

Construction under way on Fort Charlotte straw market

CONSTRUCTION has started on the new straw market at Fort Charlotte, with the redevelopment of Fort Fincastle Straw Market also being prepared in time for the country’s 50th independence celebrations this year.

First tenants move in to completed Thirty Six

Aristo Development has completed construction on the $30 million luxury residential THIRTY SIX development on Paradise Island with the first residents taking occupancy.

$20m dividend to double Gov’t’s BTC return in 12 months

THE Bahamas Telecommunications Company (BTC) has almost doubled the Government’s return on its 49 per cent minority stake in 12 months, its chief executive yesterday saying the company was forecast to pay the Christie administration a further $20 million in dividends this year.

PM's meeting with CWC chief 'very cordial'

PRIME Minister Perry Christie yesterday described his meeting with the London-based chief executive of the Bahamas Telecommunications Company's (BTC) majority shareholder on Monday as "very cordial", stating he had reaffirmed his administration's position of seeking to regain the majority equity interest .

Clubs and Societies 02032017

Weekend rides. - Saturday leaving 6am sharp from Harbour Bay Shopping Centre in front of First Caribbean Bank (Starbuck’s), 43 miles headed west. In order to complete this ride it is recommended that you have done some recent cycling! Leaving P/I Bridges optional at the end. The pace will range from 17–20+mph, three-hour duration

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