Homepage for the Visual Studio Code Flask tutorial.

All-inclusives not the 'right formula' for Family Islands

THE Government needs to find “the right formula” for stable economic development in the Family Islands, according to outgoing Exuma Chamber of Commerce president, Floyd Armbrister, who yesterday said boutique-type resort properties were the way forward.

Realtor in property management division

Mario CareyRealty has announced the launch of its property management division, headed by a multi-lingual property management specialist and staffed by a veteran professional with 15 years’ experience in the US, Europe and South America.

Reforms can 'treble' casino gaming revenue

The Bahamas can “triple” its $146 million annual gross gaming revenues if the Government adopts comprehensive reforms detailed by the resort casino industry, which believes the 2013 second quarter is “not an unreasonable time” for implementing them.

35% profit fall spells no dividend at Property Fund

THE Bahamas Property Fund’s directors have decided not to pay its scheduled $0.20 per share dividend for the 2012 second half, after profits for the first six months slumped 34.7 per cent due to continuing high vacancy rates at its two main properties.

FamGuard to make agent acquisition

FamGuard Corporation’s insurance agency subsidiary is expanding via the acquisition of a rival Nassau-based agent, Tribune Business has been told, with the BISX-listed insurer shrugging off a sharp 64.8 per cent annuity decline to post a slight half-year profit increase.

Bahamas faces 'one in three chance' of downgrade in two years

THERE is “at least a one in three chance” that Standard & Poor’s (S&P) will downgrade the Bahamas’ sovereign credit rating within the next 24 months, with Wall Street ruling tax reform out as a major difference maker in the short-term.

Govt assesses new timeshare legislation

THE Government is looking at new legislation to promote the timeshare industry in the Bahamas, the minister of tourism arguing that an “across the board” focus was necessary in the tourism industry.

Don't leave planning for your retirement until old age

MAINTAINING healthy finances as you approach retirement is just as important as making your regular visits to the doctor.

BTC: 4G sparks 800% mobile data increase

THE Bahamas Telecommunications Company’s (BTC) chief executive says the newly-privatised carrier’s fourth generation (4G) network has sparked a 60 per cent increase in cellular voice traffic, with mobile data up 800 per cent.

Bahamas waste 'off 26%' despite profits tripling

Despite almost tripling its 2012 half-year profits Bahamas Waste yesterday said its bottom line came in 26 per cent below projections, with the second half outlook clouded by a 40 per cent reduction in its government residential garbage collection rates.

Executive entity can be Bahamas 'second most-used product'

A Nassau-headquartered provider that supervises $1.5 billion in client assets yesterday expressed optimism that Executives Entities could become “the second most used product” from the Bahamian financial services menu, having already beaten its own pre-Christmas expectations.

BTC to invest $20-$30M to bring NGN 'to market'

THE Bahamas Telecommunications Company (BTC) expects to be “well positioned” to win back market share in the fixed-line Internet broadband market via its Next Generation Network (NGN), the company’s chief executive telling Tribune Business it will invest a further $20-$30 million “to bring it to market”.

$100M Gov't bond 'oversubscribed'

The Central Bank of the Bahamas’ governor last night confirmed that the Government’s latest $100 million bond issue was “oversubscribed”, with a portion of the funds raised potentially funding its share of Baha Mar’s infrastructure works.

Price is not the only product differential

While products are the things we sell in business - and hopefully make money from as we do – my friends at Wolfram Math World also define ‘product’ as “the result of one or more multiplications”, which directs one’s thoughts down an interesting side path.

Small resort model 'can be much better'

The Bahamian small hotel business model “can be much better”, a resort’s managing partner believes, adding that Abaco is not a “deal/discount” destination.

100 per week inquire on mortgage relief

AN average of 100 persons per week have inquired about the Government’s Mortgage Relief Plan since it began earlier this month, its director of economic planning yesterday saying that 25 per cent have qualified for it.

Bahamas to establish China tourism offices

The Ministry of Tourism is looking to generate greater business out of the Chinese market, and is looking to establish new offices in China in January 2013.

Contractor chief: ‘I cut 80% of staff to survive’

The Bahamian Contractors Association’s (BCA) president yesterday told Tribune Business he was forced to lay-off 80 per cent of his own staff “just to survive”, as he called on the Government and private developers to bring “sweet relief” by kickstarting the housing market.

‘The hottest place in the Out Islands’

Developers behind Abaco’s Schooner Bay community yesterday expressed confidence it would become “the hottest place to be in the Out Islands” within five years, telling Tribune Business all infrastructure/utilities work would be completed by December 2012.

BTC targets early 2013 for system ‘10x faster’ than 4G

THE Bahamas Telecommunications Company (BTC) plans to introduce its Long Term Evolution (LTE) network within the first three months of 2013, the company’s chief executive telling Tribune Business yesterday that the full roll-out would require 12-18 months.

Online Out Island bookings set for January launch

THE Ministry of Tourism (MOT) will introduce an online booking system for Family Islands resorts in January 2013, the minister of tourism said yesterday, noting that many properties were challenged on reservations.

‘Held hostage’ for 18 months

A niche Bahamian telecommunications provider is aiming to get back into the home phone and Internet market, after being “held hostage” for 18 months while the industry’s interconnection/call termination issue were sorted out.

Resolve required on image quality

Have you ever downloaded an image from the Internet and printed it, only to have results that were, well, less than you expected?

Treat S&P warning like ‘approaching hurricane’

The Bahamas’ fiscal woes are in danger of becoming “a real millstone around the nation’s neck”, a key Ministry of Finance consultant has said, adding that Wall Street’s alarm bells should be treated “as seriously as an approaching hurricane”.

$144m LPIA phase 2 to open October 16

Lynden Pindling International Airport’s (LPIA) $144 million international arrivals terminal is set to open on October 16, it was announced yesterday, some 30 per cent of total construction contract value having been awarded to Bahamians.