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The Bahamas International Securities Exchange (BISX) is striving to list the $3 billion government debt market “in the shortest time possible”, its chief executive yesterday saying the capital markets will “simply not improve” without this.
Super Value’s owner yesterday said he was “1,000 per cent” confident that his second Quality Supermarkets store would open at South Beach pre-Christmas, telling Tribune Business it would not believe the anti-copper theft defences he had to install.
THE PRESIDENT of Helvetic Management Services, Marco Montanari, has passed the Series 7 exam in the US after studying with the Nassau-based Securities Training Institute (STI).
A BAHAMAS-based oil explorer yesterday said it was confident it would come to market with a Bahamian Depository Receipt (BDR) offering, and subsequent Bahamas International Securities Exchange (BISX) listing, in early 2013.
FINANCIAL Services Minister Ryan Pinder said yesterday that legislation was being drafted to modernise the Bahamas’ intellectual property rights regime, acknowledging that the country jurisdiction was further behind others in reforms in this area.
A portfolio is essential in the life of a graphic designer.
A BAHAMIAN businessman said yesterday that reversing the traffic flow in the Baillou Hill Road area would help businesses see their sales return, telling Tribune Business he was currently only getting about 60 per cent of his original business.
BAHAMAS Striping, the self-starter grant-winner, is hoping that it has “silenced all doubters” over its ability to handle major projects with the recent completion of a major striping project at the Eastern Road junction over the Thanksgiving holiday. It completed improvements at the Newgate Road junction near Blair Estates.
“If I lost everything I had but my client list, I could rebuild my entire fortune in short order.” This is the claim of Dan Kennedy, widely recognised as a marketing guru who specialises in lead generation direct response marketing.
Three leading attorneys and a top property developer have seen the Court of Appeal back a verdict that threw out fraud claims made against them by rival real estate moguls, Tribune Business can reveal.
THE BAHAMAS Boutique Hotel Group’s chairman said yesterday that there was “no buyer’s remorse” over its acquisition of the historic Hope Town Lodge, adding that it was waiting until “three to four months” into the season to assess the property’s financial performance.
INCREASED resort accommodations on Eleuthera should help to attract more airlift to the island, its Chamber of Commerce president telling Tribune Business yesterday that limited access has been a major challenge.
There could be “a lot of international take-up” of the Bahamas’ Executive Entity product if a Guernsey-based provider’s interest in using it comes to fruition, Tribune Business was told yesterday.
Marathon Bahamas organisers yesterday said they were “damn certain” the 2013 event will generate “north of 3,000 room nights” for the hotel industry, its development having “crystallised” what sports tourism could mean for the economy.
A fledgling Bahamian artisan company is eyeing a mass-scale light manufacturing venture, its owner telling Tribune Business there was a huge market for Bahamian hand crafted products.
A New Providence real estate developer yesterday said a newly-launched in-house financing initiative was “getting good traction”, as it bids to solve an “alarming” situation where just 5 per cent of its buyers are obtaining mortgages.
A controversial 12-storey Paradise Island condominium development has been placed into receivership by CIBC FirstCaribbean International Bank (Bahamas), Tribune Business can reveal, having sold just 25 per cent of the available units.
A Miami-based real estate private equity firm’s bid to develop a high-end, boutique resort on Norman’s Cay is “about to take off”, a Cabinet Minister has told Tribune Business, with the Government “in the final stages” of providing all necessary approvals.
BAHAMAS SPEED Week’s president said yesterday that if the event could generate 2,000-3,000 room nights it would be “well worth it,” telling Tribune Business the entire thrust was putting “heads on beds”.
A leading physician yesterday urged the Government to abolish import duties of up to 45 per cent on medical equipment, arguing there should be “no barriers” preventing Bahamian healthcare facilities from entering the medical tourism market.
Prime Minister Perry Christie yesterday confirmed the Government had given “the green light” to a joint venture involving Bahamas Ferries that would expand Eleuthera’s Coco Di Mama resort six-fold.
The Nassau Airport Development Company (NAD) has appointed Vernice Walkine as its first Bahamian chief executive, with effect from March 2013.
THE BIMINI Big Game Club Resort & Marina was close to 100 per cent occupancy during its recent Wahoo Smackdown tournament, its general manager telling Tribune Business the resort was actively targeting the “snow bird” market heading into the slower winter period.
THE Bahamas is witnessing “exponential” growth in sports tourism, a Ministry of Tourism official telling Tribune Business this nation was benefiting from ‘millions’ in extra visitor spending as a result.
The Government-sponsored venture capital fund is seeking a further $5 million funding injection from the Christie administration over the next three years, as it moves to focus on equity investments and ‘quality over quantity’.