Gov't 'claws back' on Mayguana incentives
Gov't 'claws back' on Mayguana incentives By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government has not only recovered more than 50 per cent of Mayaguana real estate initially made available to the Boston-based I-Group
Region falls back over aquaculture
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Caribbean is far behind the rest of the world in developing aquaculture, the executive director of the Caribbean Regional Fisheries Mechanism (CRFM) telling Tribune Business tha
Union still seeking City Markets talks
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net TRADE union executives up to last night were still attempting to arrange a meeting with the principal of the City Markets foodstore chain to discuss the fate of the stores and its e
Market access, poaching threat to $70m exports
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas' $70 million per year spiny lobster (crawfish) exports are under pressure from market access and poaching issues, the Department of Marine Resources' director told Tribu
CITY MARKETS NAME 'SHOULD HAVE DIED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam
City Markets staff allege 'conspiracy'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun
CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe
City Markets staff allege 'conspiracy'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun
CITY MARKETS NAME 'SHOULD HAVE DIED'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam
CITY MARKETS CHIEF HOPING DEAL 'IMMINENT'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net and NEIL HARTNELL Tribune Business Editor CITY Markets' principal believes the acquisition of the struggling five-store supermarket chain by Super Value's owner and president, Rupe
OIL EXPLORER NAMES MCDONALD DIRECTOR
Former Royal Bank of Canada (RBC) Bahamas and Caribbean head, Ross MacDonald, has been appointed to the board of the Bahamas Petroleum Company (BPC). Mr MacDonald, 59, will join the board with immediate effect. Dursley Stott, a current non-executive direc
Carrier adds fourth Saabs
Carrier adds fourth Saabs SILVER Airways continues to upgrade its fleet, having accepted delivery of its fourth Saab 340Bplus. The Fort Lauderdale-based carrier, which received US Federal Aviation Administration (FAA) approval to operate the Saab 340Bp
Quotes from the day
Quotes from the day Hubert Minnis, Killarney FNM candidate "I was very happy to vote for myself. I could not vote for myself last time because I was in Clifton and of course I would at that time have voted for Kendal Wright, so now I and my household w
Quotes from the day
Quotes from the day Paul Moss, Independent Garden Hills It's going pretty well, I think though that since we've been doing elections we should have had a better coordination with respect to buildings that we use this building while it can accomodate the
$83m Port's fee rises 'never seen' before
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The $83 million Nassau Container Port's new tariff structure has made the Bahamas' capital city "one of the more expensive ports in the Caribbean", a leading shipping company yester
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
FIDELITY BANK COMPLETES THE LISTING PROCESS FOR SHARES
THE Bahamas International Stock Exchange (BISX) announced yesterday that Fidelity Bank (Bahamas) Limited had successfully completed the listing process for its Series A preference shares. In a statement by BISX yesterday it was stated that the shares are
FIDELITY BANK COMPLETES THE LISTING PROCESS FOR SHARES
THE Bahamas International Stock Exchange (BISX) announced yesterday that Fidelity Bank (Bahamas) Limited had successfully completed the listing process for its Series A preference shares. In a statement by BISX yesterday it was stated that the shares are
BAHAMAS AND CANADA TIEA 'WILL CEMENT RELATIONSHIP'
THE Tax Information Exchange Agreement (TIEA) between the Bahamas and Canada which came into force last week "will further cement the relationship between the two countries" it was stated yesterday. In a bulletin from the law firm of Higgs and Johnson it
SCRAP METAL REGULATIONS PUBLICATION TO COME SOON
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol
SCRAP METAL REGULATIONS PUBLICATION TO COME SOON
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol
KFC IN 'SURVIVAL' FIGHT ON STAFF COSTS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (KFC) Nassau yesterday warned its survival hinged on renegotiating a reduced wages and benefits package for its line staff, saying this was "more than double"
KFC IN 'SURVIVAL' FIGHT ON STAFF COSTS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Kentucky Fried Chicken (KFC) Nassau yesterday warned its survival hinged on renegotiating a reduced wages and benefits package for its line staff, saying this was "more than double"
AIRLINE '90 PER CENT COMPLETE' ON $4.5-$5 MILLION PROJECT
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WESTERN Air chief executive, Rex Rolle, said yesterday that construction on the airline's new terminal and maintenance facility in Freeport is "about 90 per cent" complete, telling
KFC AGREEMENT TALKS TO START DECEMBER 9
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net EXECUTIVES of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) and KFC (Nassau) are set to begin negotiations on a new industrial agreement on December 9, the union's pr
LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP
MARGIN RELIEF A 'SLOW PROCESS' FOR RETAILERS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net IT has been a "slow process" for the margin increase petroleum retailers received back in October to start showing itself, the Bahamas Petroleum Retailers Association (BPRA) preside
CUSTOMS TARGETS NON- COMPLIANCE ON BOND GOODS
Customs is cracking down on Grand Bahama Port Authority (GBPA) licensees who fail to submit regular reports to it on bonded goods purchases, Tribune Business was told yesterday. Aiming to eliminate tax evasion and fraud, the Department said licensees wish
UNION 'VIGILANT' ON ATLANTIS JOBS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man
KFC AGREEMENT TALKS TO START DECEMBER 9
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net EXECUTIVES of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) and KFC (Nassau) are set to begin negotiations on a new industrial agreement on December 9, the union's pr
LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP
MARGIN RELIEF A 'SLOW PROCESS' FOR RETAILERS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net IT has been a "slow process" for the margin increase petroleum retailers received back in October to start showing itself, the Bahamas Petroleum Retailers Association (BPRA) preside
CUSTOMS TARGETS NON- COMPLIANCE ON BOND GOODS
Customs is cracking down on Grand Bahama Port Authority (GBPA) licensees who fail to submit regular reports to it on bonded goods purchases, Tribune Business was told yesterday. Aiming to eliminate tax evasion and fraud, the Department said licensees wish
UNION 'VIGILANT' ON ATLANTIS JOBS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man
KFC AGREEMENT TALKS TO START DECEMBER 9
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net EXECUTIVES of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) and KFC (Nassau) are set to begin negotiations on a new industrial agreement on December 9, the union's pr
LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP
MARGIN RELIEF A 'SLOW PROCESS' FOR RETAILERS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net IT has been a "slow process" for the margin increase petroleum retailers received back in October to start showing itself, the Bahamas Petroleum Retailers Association (BPRA) preside
CUSTOMS TARGETS NON- COMPLIANCE ON BOND GOODS
Customs is cracking down on Grand Bahama Port Authority (GBPA) licensees who fail to submit regular reports to it on bonded goods purchases, Tribune Business was told yesterday. Aiming to eliminate tax evasion and fraud, the Department said licensees wish
UNION 'VIGILANT' ON ATLANTIS JOBS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man
KFC AGREEMENT TALKS TO START DECEMBER 9
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net EXECUTIVES of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) and KFC (Nassau) are set to begin negotiations on a new industrial agreement on December 9, the union's pr
LPIA FEES TO BE 'EQUAL OR LESS' THAN REGION AVERAGE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE NASSAU Airport Development Company's chief executive and president, Stewart Steeves, has pledged that when the planned fee increases at Lynden Pindling International Airport (LP
MARGIN RELIEF A 'SLOW PROCESS' FOR RETAILERS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net IT has been a "slow process" for the margin increase petroleum retailers received back in October to start showing itself, the Bahamas Petroleum Retailers Association (BPRA) preside
CUSTOMS TARGETS NON- COMPLIANCE ON BOND GOODS
Customs is cracking down on Grand Bahama Port Authority (GBPA) licensees who fail to submit regular reports to it on bonded goods purchases, Tribune Business was told yesterday. Aiming to eliminate tax evasion and fraud, the Department said licensees wish
UNION 'VIGILANT' ON ATLANTIS JOBS
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) yesterday said it continued to remain vigilant over the employment situation at Atlantis following Brookfield Asset Man
PM: FIRE CREATES REDEVELOPMENT OPPORTUNITIES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government "will move expeditiously" to restore the part of downtown that was ravaged by fire last Friday, Prime Minister Hubert Ingraham confirmed, saying the fire which destro
Downtown plans struck by blaze
Fire Pics By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PLANS for Bay Street's redevelopment were dealt a major blow last Friday when fire ravaged the Pompey Museum, with Downtown Nassau Partnership (NTDB) co-chairman, Charles
Gov't awaits Kelly property proposal
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The government is awaiting a proposal for the redevelopment of the Kelly property in downtown Nassau after it was ravaged by fire in February 2011. Speaking at the 59th annual gener
Straw vendors suffer losses
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net STRAW vendors are estimating thousands of dollars in losses after an early Friday fire destroyed their stalls at the temporary facilities on Bay Street. The fire, which is believed
PM: FIRE CREATES REDEVELOPMENT OPPORTUNITIES
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Government "will move expeditiously" to restore the part of downtown that was ravaged by fire last Friday, Prime Minister Hubert Ingraham confirmed, saying the fire which destro
DOWNTOWN PLANS STRUCK BY BLAZE
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PLANS for Bay Street's redevelopment were dealt a major blow last Friday when fire ravaged the Pompey Museum, with Downtown Nassau Partnership (NTDB) co-chairman, Charles Klonaris,