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THE Bahamas is “well on track” to generate more than $13 million, and over 20,000 room nights this year, from sports tourism.
I used to read comic books as a child. Everything from Batman to Archie.
Grand Bahama Port Authority (GBPA) officials promoted the island’s film production potential when in Los Angeles for the recent Americas Lodging Investment Summit (ALIS).
MARATHON Bahamas organisers said yesterday that this year’s event generated around 2,000 room nights for the hotel industry, resulting in just under $2 million in overall tourist spend.
US regulators yesterday granted a one-month ‘fast track’ authority extension for Cable Bahamas’ proposed acquisition of Summit Broadband, one of its three $89 million US purchases.
A Bahamian architecture firm has unveiled a new package of consulting services that it believes will help customers.
Total tourist arrivals to the Bahamas are projected to increase year-over-year by 5-6 per cent in 2013, Tribune Business was told yesterday, taking gross visitor numbers to more than six million.
Modernising the Bahamas’ casino gaming legislation is critical to driving a sustained increase in resort occupancy levels, a senior hotel executive yesterday saying an industry-wide 10 percentage point rise would create 9,000 total jobs.
The Bahamas Chamber of Commerce (BCCEC) is planning to emulate its Panamanian counterpart by becoming “more involved” in developing this nation’s Arbitration Centre, its chairman yesterday disclosing that the two bodies had “agreed in principle” on a Business Development Alliance.
A Bahamian Trade Mission to Panama has urged Copa Airlines to start routes between that nation and Freeport for both passengers and air cargo, suggesting this would “open up Central American markets”.
A WEB shop operator yesterday alleged that his suppliers and employees fear “their commercial interests will be harmed” if the Government shuts his business down, disclosing that the company pays $36,000 per month in rent to various landlords and $21,000 to Cable Bahamas for Internet services.
The long-awaited, ballyhooed referendum on web shop gambling was supposed to bring clarity and end doubts. It has done just the opposite.
THE Government should allow the Bahamas Petroleum Company (BPC) to drill an exploratory well to determine if commercial quantities of oil exist in this nation’s waters prior to putting the issue to a referendum, a senior private sector official said yesterday.
Colina Insurance Company has unveiled its updated Business Continuity and Hurricane Preparedness plans, believing these will give it a competitive advantage in rebounding after a natural disaster.
By NEIL HARTNELLThe Arawak Cay Port’s container throughput volumes are “about 10 per cent” ahead of forecasts for the first half of its 2013 financial year, making tariff cuts a distinct possibility with a further Baha Mar-related boost expected by March.
Cable Bahamas is expecting to receive Bahamian government approval for its $89 million worth of US acquisitions within the next 30 days, Tribune Business can reveal.
The Government has pledged to create an Innovation Council to develop new financial services products, as it aims to develop the Bahamas into a “vibrant, robust” international business centre that rivals tourism’s economic contribution by 2023.
Panama’s honorary consul to the Bahamas “can’t for the life of me figure out” why trade opportunities between the two nations have not been better explored, telling Tribune Business that the Central American state offered this country “substantial” savings in areas such as food and auto imports.
A broker/dealer that became embroiled in a controversial fight with both Bahamian and Canadian regulators yesterday said it was closing down, leaving 15 Bahamians out of work and taking an estimated $1.5 million out of the local economy.
GRAYCLIFF is “finalising the details” to expand its airport lounge concepts to six more locations within the US and the Caribbean this year, a senior executive has told Tribune Business. a
HEALTH and wellness services could become a ‘niche’ tourism sector for the Bahamas, an industry executive telling Tribune Business that a local chapter of the Caribbean Spa & Wellness Association (C-SWA) is set to be formed this year. The move is designed to put the Bahamas on track to becoming one of the leading health and wellness vacation destinations.
The Government wants the intellectual property registry at the Registrar General’s Department to become recognised by the area’s leading global authority, the Attorney General said this weekend.
In a familiar passage of sacred text, Jesus tells Simon Peter, an experienced fisherman, to launch out into the deep and cast The Net on the other side.
A BISX-listed company yesterday pleaded with the private sector to help make its $1 million cardboard recycling investment “work”, telling Tribune Business it wanted to avoid the initiative’s “shut down”.
An “extended or whole new Hawksbill Creek Agreement” and a change in the Grand Bahama Port Authority’s (GBPA) ownership are vital ingredients for attracting wealthy investors to Freeport, a prominent attorney said yesterday.