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The Caribbean has often suffered from a surfeit of unemployment and economic malaise, both of which are linked to rises in criminal activity. Yet when one compares the rate of criminal activity aimed at tourists in the Caribbean to other similar destinations, one the Caribbean is doing an exceptionally good job in ensuring the safety of visitors. Chesney-Lind and Lind (1986) found that visitors to Hawaii experienced more violent and non-violent crime than did residents.
Cable Bahamas yesterday hit back at the Bahamas Telecommunications Company (BTC) with its own accusations of alleged “anti-competitive behaviour”, as the battle for broadband Internet market dominance heats up.
AMENDMENTS to the Industries Encouragement Act has boosted manufacturing sector employment, the Minister of Financial Services said yesterday, adding that this was key to the economic development of the country.
BC Royal Bank of Canada and RBC FINCO will tomorrow stage its 2013 Home & Auto Expo at their Freeport Branch on East Mall & Explorers Way.
The Caribbean Export Development Agency (Caribbean Export) is teaming up with the Ministry of Financial Services to assist small and medium-sized Bahamian businesses (SMEs) that want to grow and expand.
MORE than 800 persons have registered for Government homes since April 2013, Minister of the Environment and Housing, Kenred Dorsett, revealed yesterday.
The late Nancy Oakes’ estate has submitted to the Government a proposal to develop a solar power plant on the hundreds of acres it owns in southwestern New Providence, Tribune Business can reveal.
BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.
The Bahamas Telecommunications Company (BTC) yesterday accused Cable Bahamas of anti-competitive behaviour intended to cause it “loss of market share” in broadband Internet, claiming its main rival had breached their $150,000 advertising contract.
Constant tax policy changes are causing “an enormous amount of angst” in the Bahamian business community, the Government has been warned, causing many businesses to ‘sit on the fence’ and postpone expansion plans.
AML Foods plans to refocus on developing and strengthening its ‘low volume/high yield’ franchise offerings, its chairman telling Tribune Business yesterday that its food store businesses had been unfairly targeted by the Government’s 2013-2014 Budget.
The weekend is approaching and you should be preparing to have some fun, but you’ve just checked your e-mail and discovered numerous lingering deadline projects, one after the other.
Bahamas Striping, the road marking company founded from a Self-Starter programme grant, has broken ground on its new $400,000 headquarters and manufacturing plant.
The Grand Bahama Port Authority’s (GBPA) chairman has told 39 graduates from the Maritime Cadet Corps programme that they are entering one of the world’s growing industries.
NUMBER portability should provide significant cost savings for business looking to change service providers, while allowing them to retain their existing numbers, a senior private sector official said yesterday.
The Art of Giving, one of Freeport’s leading boutique gift shops, has moved to a new downtown location at No. 9 Seventeen Plaza.
AML Foods plans to completely remodel its 11 Dominos Pizza franchise locations over the next two years, executives telling Tribune Business the company will invest $80,000-$125,000 per store as part of its theatre design roll-out.
The Government is expected to decide this year whether to approve a further five oil exploration licences, with its current licensee aiming to secure a joint venture partner “after the summer”.
There are several bad reasons to enter business. One of the worst is just to make money.
The Bahamas Mortgage Corporation (BMC) needs a capital injection of more than $117.129 million to enable it to meet all bond principal and interest payments when they become due.
In this paper, published in Worldwide Hospitality and Tourism Themes, which was chosen as a Highly Commended Award Winner at the Literati Network Awards for Excellence 2013, Dr Nikolaos Karagiannis and his colleague from Winston-Salem State University’s School of Business and Economics, Zagros Madjd-Sadjadi, analyse the economic impact of crime on tourism in the Bahamas and wider Caribbean.
A Bahamas-based provider of specialist wealth management software yesterday said its selection as the sector’s top performer was “a nice pat on the back”, and could provide a springboard to win new clients and markets.
Sandals Royal Bahamian last week donated several bags of linen and towels to the Red Cross to aid victims of the recent flooding throughout the Bahamas.
LABOUR Minister Shane Gibson yesterday emphasized the need for a strengthened social safety net for workers in cases of redundancy, telling Parliament his ministry was looking at ways to “level the playing field” and ensure measures were in place for employees to receive compensation.
The Czech authorities’ bid to seize $22 million allegedly belonging to Lyford Cay financier, Viktor Kozeny, has been “doomed” by the defective service of court documents on him in the Bahamas.