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The outgoing Association of International Banks & Trusts (AIBT) chairman has spoken candidly to young College of the Bahamas (COB) students on the importance of business ethics.
The Government’s failure to comply with its own legislation has left wreck salvagers and their financiers “frustrated and disillusioned with the Bahamas”, and could cost this nation both its heritage and a multi-million dollar industry.
As the Bahamas’ first National Women’s Month wound down, a female pioneer in business, financial services and civic life ramped up her advice to women.
A leading businessman is complaining that the Government is adding insult to an “already crushed” private sector’s injury through the “bureaucracy” accompanying Business Licence payments
The Bahamas Renewable Energy Association’s president has hailed proposals to privatise electricity generation as having the potential to slash energy costs by 40-50 per cent and make this nation a regional leader.
A BAHAMIAN renewable provider has presented the Government with an “energy mix” proposal to allow for 25 per cent of the Bahamas Electricity Corporation’s (BEC) daytime generating capacity to be derived from solar power.
THE Bahamian electricity grid’s stability is key to incorporating renewable power sources into this nation’s energy mix, the Bahamas Electricity Corporation’s (BEC) general manager has told Tribune Business.
Despite an almost $100 million-strong non-performing mortgage portfolio, Finance Corporation of the Bahamas’ (FINCO) 2013 first half net income more than tripled on the back of reduced operating costs and loan loss provisions.
AML Foods says the Budget’s tax increases, coupled with Value-Added Tax (VAT) uncertainty, have pushed it to switch $1 million earmarked for food store expansion into energy efficiency.
New entrepreneurs must get into the game by conducting comprehensive market research before they develop practical business plans.
Ours is an environment that is heavily dependent on government for information and assistance to promote and grow industry.
THE Bahamas should take “measured steps” towards renewable energy integration, the Bahamas Electricity Corporation’s (BEC) general manager believes, agreeing that the proper legislation and a National Energy Policy needed to be implemented beforehand.
The Bahamas has been urged to remove “the red tape” that prevents foreign investors financing local start-ups and entrepreneurs, a leading small business consultant warning it was stifling innovation.
The Bahamas National Trust (BNT) is aiming to raise $32 million to finance its latest five-year plan, its executive director yesterday disclosing it planned to unlock this nation’s “best kept secrets” for tourists.
The Bahamas Telecommunications Company (BTC) yesterday hailed the $10 million year-over-year increase in the value of its ‘fixed’ assets as “a positive sign”, a senior executive saying it showed “investment is outstripping depreciation”.
THE Government is pushing to have at least 40 per cent the Bahamas’ energy needs come from renewable sources by 2030, a senior official said yesterday, telling Tribune Business that it “makes good sense” for the country to move in that direction.
The Freeport Container Port saw its year-over-year operating income more than double in 2012, its majority owner has revealed, increasing by 137 per cent on the back of rising shipping container volumes.
The Balmoral’s principal said yesterday he will “know in the next month or so” whether its planned $2.5-$3 million investment in commercial office space has hit the correct price point.
PRIME Minister Perry Christie yesterday hinted that the Government could be open to extending the Bahamas Telecommunications Company’s (BTC) cellular monopoly if Cable & Wireless Communications (CWC) relinquished majority control of the company.
The Bahamian financial services industry may obtain a competitive advantage from a recent precedent established by the Supreme Court, which proves the judiciary will “honour” the law enabling old trusts to continue ‘in perpetuity’.
THE Lynden Pindling International Airport (LPIA) is primed to become the most “modern and progressive” facility of its kind in the region, its chief executive yesterday revealing that the expansion project’s Phase III was set to be completed ahead of schedule.
Bahamas Landfall: London has celebrated the country’s 40 years of independence, emphasising its security as a financial services jurisdiction to more than 100 intermediaries and Friends of the Bahamas..
The Bahamas Telecommunications Company (BTC) yesterday branded a trade union leader’s attack on its labour policies as “frankly appalling”, describing them as “irresponsible” and unwarranted.
The Grand Bahama Chamber of Commerce, supported by the Grand Bahama Port Authority (GBPA), will present its first Business Workshop for the year on Tuesday, June 25.
The Arawak Port Development Company’s (APD) planned $21 million preference share issue, set to come to market next week, will have debt servicing costs two percentage points lower than projected.