Homepage for the Visual Studio Code Flask tutorial.

BREA's former GB head returns to Nassau roots

A former president of the Bahamas Real Estate Association’s (BREA) Grand Bahama chapter has returned to her roots by joining ERA Dupuch Real Estate.

Attorneys urged: Segregate law and corporate practices

The Securities Commission has urged attorneys to segregate their law practice from their financial and corporate services provider (FCSP) business, thus eliminating any legal privilege concerns.

Broker 'denies' SEC claim on $11M fraud

A Bahamian broker/dealer and its principal have “categorically denied” they were “knowing” participants in an alleged $11 million multinational fraud, after the US Securities and Exchange Commission (SEC) charged them with falsifying affidavits and documents.

‘Phenomenal’ $250M project ‘at a loss’ on approval absence

Investors behind a $250 million project that could reduce Bahamian energy costs by up to 50 per cent are “at a total loss” as to why the Government has yet to approve it, describing their proposal’s potential economic impact as “phenomenal”.

Freeport model: Private sector must 'know now'

THE Grand Bahama business community “needs to know, and know now” what Freeport’s future model will be, the island’s Chamber of Commerce president arguing that the city will “continue to die its slow, exhausting death” if the original was abandoned.

Building permit revenue off 44%

The Government’s building permit revenues under-shot projections for the 2012-2013 half-year by 43.7 per cent, the Deputy Prime Minister indicating that fees were set to increase to match service costs.

BEC union digs heels in on pensions, insurance

THE Bahamas Electricity Corporation (BEC) and the trade union representing its line staff once again appear on collision course, with the latter saying its members are opposed to contributing to their own pension plans and health insurance scheme.

‘Major revisions’ sought over Commission’s records draft

“Significant revisions” are being sought to the Securities Commission’s draft guidelines on maintaining accounting records, with Bahamian financial providers fearing they currently place the industry “at a competitive disadvantage”.

Water Corp receives extra $9.7M subsidy

The Government has approved a further $9.7 million subsidy for the Water & Sewerage Corporation for the 2012-2013 fiscal year, with collections from customers down 17 per cent in last year’s second half.

Oil recovery plant facing two rivals

THE first phase of a Freeport-based hydrocarbon recovery plant will be operational by mid-2013, the Grand Bahama Port Authority’s chairman adding that Morgan Oil faced competition from two rival entities seeking to enter the business.

CHAMBER VOICE: Maximising e-commerce for business opportunities

It is 2013, and because the world has changed the way we do business must as well.

Bahamasair seeks additional $11.2M

Bahamasair needs an additional $11.2 million taxpayer subsidy to get it through the 2012-2013 fiscal year, the national flag carrier having seen its half-year net loss increase by 19.4 per cent year-over-year.

Communications sector 'outpaces' regulations

THE Bahamas’ communications sector has “outpaced” its current regulatory framework, a senior Bahamas Telecommunications Company (BTC) executive arguing that some rules under the current regime were “too prohibitive” and “not facilitating growth”.

Bahamas targets financial services Excellence Centre

The Government is aiming to create opportunities for Bahamians that will enable them “to grow beyond the Bahamas” and compete globally, a Cabinet minister has said,

PM embarking on treasure 'Odyssey'

A “world leader” in shipwreck salvaging, which was recently featured in a Discovery Channel documentary, is negotiating with the Government over conducting treasure-hunting exploration in Bahamian waters, it has confirmed to Tribune Business.

GB Power to'start burning gas by 2014'

GRAND BAHAMA Power Company yesterday pledged to start “burning compressed natural gas by 2014”, its chief executive calling for support from the industrial sector and other Bahmian islands in a bid to raise volumes to the point where energy costs could be significantly slashed.

Work permit proposals 'not firm policy'

A Cabinet Minister yesterday sought to “clarify” the seemingly new hard-line work permit stance, telling Tribune Business it was “not a firm policy” and no final decision on it had been taken by the Government.

$19m Downtown incentives Act to be extended

A Cabinet Minister yesterday told Tribune Business he “firmly believes” the City of Nassau Revitalisation Act will be extended beyond its end-June expiry, noting that to-date it had underpinned $18.8 million in tax concessions given to over $36 million in investment projects.

Freeport now 'worth $11bn'

The total infrastructure investment in Freeport today is worth $11 billion, the Grand Bahama Port Authority’s (GBPA) chairman yesterday saying this exceeded annual Bahamian GDP and “could not be replicated.

'Stroke of genius' cuts Gov'ts GB subsidy 60%

The Government will be able to cut its annual $18 million subsidy of Grand Bahama’s tourism industry by 60 per cent through the Reef Village re-opening, a Cabinet minister yesterday describing the deal as “some stroke of genius”.

Consolidated beats WaterCorp supply target by 17%

BISX-listed Consolidated Water yesterday said that for 2013 to-date its Blue Hills reverse osmosis plant had supplied the Water & Sewerage Corporation with water volumes 17 per cent above what its contract required.

$225m trade market must be 'more modest'

The Grand Bahama Port Authority’s (GBPA) chairman yesterday suggested that if the $225 million World Mart project had been initiated with more “more modest” aspirations and size, it “would probably have been off the ground by now.”

Marco's Pizza to add 50 jobs in GB move

CONSTRUCTION of a water park on that is expected to entice more cruise passengers to come off their ships is scheduled for the 2013 second quarter, according to Grand Bahama Port Authority chairman (GBPA) Ian Fair, who said the project is being spearheaded by a “seasoned operator”.

$500m impact and counting

Arawak Homes’ development of Pinewood Gardens unleashed a $500 million economic impact spread over 30 years, its chairman said yesterday, telling Tribune Business that over 80 per cent of the lot sites it acquired have been built upon.

Gov't urged: 'Be open minded' on $17.9m key to downtown revival

A LEADING realtor has called on the Government to be “open minded” over what it permits to be developed ay the $17.9 million Union Wharf property, telling Tribune Business that the four-acre site is key to “bringing life back to the city” and the overall revitalsation of Bay Street.