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Although the world is all about modernsation, people still long for the touch of something aged, vintage and, well.....“old”. And when it comes to old photographs, they always give that sense of history and all the great memories that come along with them.
SANDALS Emerald Bay’s general manager yesterday pledged that the resort was committed to working with Exuma farmers to purchase locally grown produce, one telling Tribune Business that the biggest challenge for the island’s agricultural sector was marketing their products locally.
THE Securities Commission of The Bahamas (SCB) is moving towards achieving 'A' signatory status to International Organisation of Securities Commissions (IOSCO), a status which is expected to open markets such as Brazil to mutual fund managers and administrators operating in and or from The Bahamas.
THE Bahamas Telecommunications Company (BTC) expects to “ramp up” its franchise initiative in the 2013 first quarter, its vice-president of branding and marketing telling Tribune Business it would be looking at more than 35 franchise opportunities over the next 18-24 months.
Royal Bank of Canada (RBC) has described as irrelevant claims by US regulators that it “falsely represented” its Bahamian branch was responsible for devising a multi-million dollar ‘wash trading’ scheme, having asserted that this “built upon” a strategy previously devised in this nation.
TOURISM officials are targeting more than 225,000 stopover arrivals for Grand Bahama in the next 15 months, the Ministry of Tourism’s director-general telling Tribune Business that a new airlift programme would be implemented to coincide with the reopening of the Reef Village property at the Grand Lucayan.
Appointing an eight-member private sector committee to drive the Small and Medium-Sized Enterprise Development Bill forward has created “some light at the end of the tunnel”, a well-known consultant yesterday revealing that 75 per cent of his clients in the sector were “struggling”.
The Government was yesterday urged to “revolutionise” the Bahamian real estate industry by passing a three-pronged legislative package to create a Land Registry, an attorney telling Tribune Business the potential reforms “could be an engine for economic growth”.
The US Foreign Account Tax Compliance Act (FATCA) and similar initiatives are “not a death blow or beginning of the end” for the Bahamian financial services industry, a former finance minister said yesterday, although the sector’s near-term growth will continue to be modest.
I confess; I’m not a shopper. My mum will go into a store for hours, try on different things, come back to the same store, etc. Outside of a book store, you will rarely find me exhibiting that kind of behaviour. I go in, get what I need and get out, like I’m doing a strike on Bin Laden.
A Bahamian realtor is following in his father’s footsteps, joining his firm after recently passing the Bahamas Real Estate Association (BREA) exam.
THE Intergovernmental Agreement (IGA) route for complying with the US Foreign Account Tax Compliance Act (FATCA) may be the most viable for the Bahamas, Deloitte and Touche’s lead partner on the initiative believes.
OCCUPANCY levels remain “soft” for the all-inclusive Sandals Royal Bahamian through New Year 2013, but its general manager told Tribune Business that the resort expected to see a significant pick-up during the 2013 first quarter.
A Bahamian accountant yesterday said the other nations would ultimately push for arrangements similar to the US Foreign Account Tax Compliance Act (FATCA), warning that this will eventually result in tax information being more freely shared.
The Bahamas Financial Services Board’s (BFSB) chief executive has been confirmed as a panellist for the Financial Times’ Global Summit on International Financial Centres (IFCs), which is being held on November 27-28 in London.
Students from Queen’s College and St Andrew’s have won the Bahamas Financial Services Board’s (BFSB) and Ministry of Education’s annual Essay and Speech Competition, scheduled as part of National Career Awareness Month.
Group bookings at Atlantis are on an “amazing 15-20 per cent uptick” pace for 2014 and 2015, the resort’s operator yesterday revealing that it could set a new Thanksgiving Day “record” thanks to its highly-anticipated basketball tournament.
The Bahamian general insurance industry is set to become even more crowded, Tribune Business can reveal, as an Antigua-based carrier moves to enter the underwriting market.
THE Bahamas Commercial Fishers Alliance (BCFA) will continue to push the Government to grant fuel concessions for commercial fishermen, its president telling Tribune Business yesterday that such a move could increase their profits by up to 40 per cent.
A Bahamian insurance loss adjuster is not entitled to a 50 per cent share of “catastrophe profits” stemming from work done for RoyalStar Assurance in the Cayman Islands post-Hurricane Ivan, the Court of Appeal has ruled.
An upcoming January 2013 trade mission to Panama could serve as “a tremendous catalyst” for Freeport’s ambitions to become a logistics/distribution hub, a private sector leader yesterday saying representatives from 40-50 firms were likely to travel to Central America.
THE Bahamas Commercial Fishers Alliance (BCFA) is calling on the Government to conduct an assessment of the country’s fisheries stock, its president arguing that fishermen who are the “foremost observers of the marine environment” did not believe a three-week extension to the grouper season would negatively impact inventories.
The Bahamas Telecommunications Company’s (BTC) latest revamped retail store opened in Marsh Harbour on Saturday.
BAHA Mar’s president is aiming to “double” airlift to the Bahamas from Europe by the time its $2.6 billion project opens in 2014, telling Tribune Business the developer was leaving “nothing to chance”.
THE Bahamas faces “a significant issue” in complying with the latest OECD/FATF tax evasion crackdown because it has no tax code of its own, as the Government seeks to place the financial services industry in “the most advantageous position possible”.