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Planned legal amendments will eliminate a ‘potential conflict’ that requires the Industrial Tribunal to act “as judge, jury and executioner” over industrial agreements, a union leader yesterday telling Tribune Business that “90 per cent” of these deals were not registered.
The Bahamas Financial Services Board (BFSB) is celebrating the 12th anniversary of its Industry Excellence Awards programme at a Gala Awards Banquet on Friday, 9 November.
BAHAMAS Speed Week organisers have signed a a three-year agreement with a Bahamian infrastructure company for the provision of bleachers at this year’s Speed Week Revival.
The Black Entertainment and Sports Lawyers Association (BESLA) is bringing 300 attendees to the Bahamas by holding its 32nd annual conference at the Atlantis Resort on October 24-28.
The seventh annual Exuma Business Outlook conference will take place this Wednesday, focusing on the theme ‘New Challenges Call for New Paradigms: Identifying a Development Formula for Exuma’. The one-day symposium will be held at Sandals Emerald Bay Resort in George Town.
DESPITE operating in an extremely competitive food retail sector, Centerville Food Market has remained in business for 40 years by creating a niche for itself, proprietor Horace Major said yesterday.
A WELL-KNOWN downtown Nassau restaurant could “really take off” if the right buyer arrives to acquire it for $375,000, Tribune Business was told last week.
CABLE Bahamas is “not ecstatic” that URCA will require another three months post-consultation end to decide whether to approve its application for a 27 per cent SuperBasic increase, as this will cost it another $1.92 million in estimated revenues.
THE Minister of Financial Services is this week aiming to encourage three of the largest Swiss private banks to domicile “new business units” in the Bahamas, boosting employment and entrepreneurial opportunities in the sector.
A SURVEY has revealed that 55 per cent of Bahamian contractors regularly experience what they consider “unfair” bidding practices, with a senior Bahamian Contractors Association (BCA) official telling Tribune Business it was seeking greater transparency in the Government procurement process.
SEX in the workplace could certainly be an uncomfortable conversation for some, but as we look the world over, it is clearly a topic of dialogue that we must meaningfully engage in, as it impacts so many.
CABLE Bahamas has confirmed that the Utilities Regulation and Competition Authority (URCA) cannot regulate its services in Freeport, technically enabling it do whatever it wants with pricing and services in the nation’s second city.
LEGISLATION to regulate the Bahamian construction industry is in its final drafting stages, the Minister of Works and Urban Development telling Tribune Business the Government would look to have the Bill laid in Parliament “as soon as possible”.
BAHAMIAN contractor's Association (BCA) president Godfrey Forbes said that payment bonds for contractors should be considered, telling Tribune Business that many contractors were unable to secure payment from clients even after completing projects to satisfactory standards.
BAHAMAS Petroleum's chief executive said that $30-$40 billion would be spent in the development, construction and production phase of the company's oil exploration project.
Questions were yesterday raised over whether the Utilities Regulation and Competition Authority (URCA) could approve a 27 per cent rise in Cable Bahamas’ SuperBasic price in Freeport, given that a 2011 Supreme Court ruling found the regulator could not levy fees on the company’s Internet earnings in that city.
Direct airlift from Florida would boost annual revenues at all Long Island tourism properties by 20-25 per cent in the long-term, the Long Island Chamber of Commerce’s president told Tribune Business yesterday.
THE Bahamas should look at signing an Intergovernmental Agreement (IGA) to comply with the US Foreign Account Tax Compliance Act (FATCA), a former finance minister said yesterday.
A well-known eatery is aiming to become “the best Bahamian restaurant destination” for Cable Beach tourists, after its owners decided to pull it off the market and invest $35,000 in a revamp and name change.
I thought I’d grab your attention with a snappy title.
Senior private executives last night reacted with alarm after the Canadian government issued an investment advisory on Bahamian real estate transactions, warning that any disputes “could be prolonged and costly to resolve”.
Resorts World Bimini Bahamas, the multi-million dollar gaming facility set to open in the 2013 first quarter, has unveiled renderings showcasing the completed venue.
THE Grand Lucayan was yesterday urged to refocus its marketing strategy and leave Bahamian business for the smaller properties on Grand Bahama, a Freeport hotelier telling Tribune Business it seemed as though the resort was not going after the international market “in any real way”.
The Bahamas Financial Services Board (BFSB) is continuing to push this jurisdiction in Asia, using its participation in two major conferences to promote the country’s wealth management advantages.
The new owners of Long Island’s Flying Fish Marina yesterday said they were planning to invest “at least $5 million” to upgrade the property, doubling both full-time staff and boat slips.