Chamber chief: Tax reform within 10 years
Chamber chief: Tax reform within 10 years By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamian companies will have to improve their record-keeping and accounting procedures with a new tax structure set to be introduced withi
Chinese deny alls oil involvement
Chinese deny alls oil involvement By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net CHINESE Embassy officials yesterday refuted claims that companies from their nation were partnering with the Bahamas Petroleum Company (BPC) in it
Oil regulatory reforms ready
Oil regulatory reforms ready By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER for the environment, Earl Deveaux, said yesterday that proposed amendments to regulations governing oil exploration in the Bahamas have be
Self-starter targeting more major projects
Self-starter targeting more major projects By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BAHAMAS Striping, a grant-winning company from the Ministry of Youth, Sports and Culture's Self-Starter Programme, is on its way to becom
Chinese deny alls oil involvement
Chinese deny alls oil involvement By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net CHINESE Embassy officials yesterday refuted claims that companies from their nation were partnering with the Bahamas Petroleum Company (BPC) in it
BEC receivables decline by 'millions of dollars'
BEC receivables decline by 'millions of dollars' By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas Electricity Corporation's (BEC) accounts receivables have gone down by the "millions of dollars" within the past four
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
Sandals proposes Bahamasair change
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of
NO SHORT-TERM END TO WATER CORP SUBSIDIES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
'Some movement' on gas commission
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in
Sandals proposes Bahamasair change
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has been in discussions with Bahamasair over the airline adjusting its flight schedule into Exuma to facilitate more arrivals, a move which could translate into millions of
NO SHORT-TERM END TO WATER CORP SUBSIDIES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water & Sewerage sCorporation (WSC) is purchasing more water today than ever before, according to minister of state for the environment, Phenton Neymour, who told Tribune Busine
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
'Some movement' on gas commission
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE MINISTER of state for the environment, Phenton Neymour, said there has been "some movement" towards creating a promised commission to look into whether the Bahamas' petroleum in
TRANSPORT PROVIDERS FORCED TO RAISE FARES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net RISING fuel costs remain a major concern for taxi and tour operators, one telling Tribune Business yesterday that he was forced to increase his fares to offset the increase. Legenda
SANDALS LAUNCHES ITS OWN UNIVERSITY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Sandals Resorts International will today launch its fully-accredited international university, with each of its hotel properties serving as a learning institute. Adam Stewart, the r
BEC: 5,500 make payment deals
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat
Roadwork hit firms: 'It's never too late to do the right thing'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's plans to provide assistance to businesses impacted by the New Providence Road Improvement Project was hailed as a good move yesterday, with Coconut Grove Business L
CHAMBER HEAD SAYS RESORT'S EXPANSION SIGN OF 'CONFIDENCE'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Grand Isle Resort and Spa's expansion plans demonstrate a confidence in Exuma, the island's Chamber of Commerce president said yesterday, telling Tribune Business various infras
'Only God knows how we survived'
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Companies impacted by the New Providence Road Improvement Project (NPRIP) definitely need a "cash injection", one such businessman yesterday estimating his firm had suffered a loss
BEC: 5,500 make payment deals
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SINCE the government launched its third Bahamas Electricity Corporation (BEC) reconnection programme in February 2012, 5,499 persons have made payment arrangements with the Corporat
Roadwork hit firms: 'It's never too late to do the right thing'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's plans to provide assistance to businesses impacted by the New Providence Road Improvement Project was hailed as a good move yesterday, with Coconut Grove Business L
CHAMBER HEAD SAYS RESORT'S EXPANSION SIGN OF 'CONFIDENCE'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Grand Isle Resort and Spa's expansion plans demonstrate a confidence in Exuma, the island's Chamber of Commerce president said yesterday, telling Tribune Business various infras
'Only God knows how we survived'
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Companies impacted by the New Providence Road Improvement Project (NPRIP) definitely need a "cash injection", one such businessman yesterday estimating his firm had suffered a loss
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
$1.3bn borrowing is 'extraordinary'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's "extraordinary borrowing" of $1.3 billion in the last four-and-a-half years was essential to mitigating the recession's impact on the Bahamian economy, the minister
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
$1.3bn borrowing is 'extraordinary'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's "extraordinary borrowing" of $1.3 billion in the last four-and-a-half years was essential to mitigating the recession's impact on the Bahamian economy, the minister
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
$1.3bn borrowing is 'extraordinary'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's "extraordinary borrowing" of $1.3 billion in the last four-and-a-half years was essential to mitigating the recession's impact on the Bahamian economy, the minister
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
$1.3bn borrowing is 'extraordinary'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's "extraordinary borrowing" of $1.3 billion in the last four-and-a-half years was essential to mitigating the recession's impact on the Bahamian economy, the minister
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
Broker 'not holding breath' on planned Customs reform
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is 'far behind' the world when it comes to Customs procedures, a broker yesterday telling Tribune Business: "I wouldn't hold my breath" over planned reforms. Forrester C
INFRASTRUCTURE NOT LINKED TO THE ECONOMY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk
$1.3bn borrowing is 'extraordinary'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government's "extraordinary borrowing" of $1.3 billion in the last four-and-a-half years was essential to mitigating the recession's impact on the Bahamian economy, the minister
BAHAMAS ULTIMATELY 'RID' OF EXCHANGE CONTROLS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A government minister has suggested that the Bahamas will eventually be "rid" of exchange controls via gradual liberalisation, although they have served this nation well during the
'I've never seen it like this before'
'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see
Answers sought on City Markets
Answers sought on City Markets By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The trade union representing City Markets' line staff is urgently seeking clarification from the Finlayson family over claims that the embattled fiv
Bahamas forms committee to manage its debt
Bahamas forms committee to manage its debt By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net A DEBT and cash management committee has been formed to create a medium-term debt strategy for the Bahamas, Central Bank governor Wendy C
Minister 'very concerned' on City Markets
Minister 'very concerned' on City Markets By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LABOUR minister Dion Foulkes yesterday said he was "very concerned" about the job security for City Markets' remaining 400 employees, tell