Homepage for the Visual Studio Code Flask tutorial.

Doctors moves to counter $30-$40m health exports

Doctors Hospital Health Systems is targeting the international market as the natural “go to” sector, as it bids to counter the $30-$40 million spent annually by Bahamians on medical services abroad.

Households in poverty grow 83% in 4 years

Bahamian households living below the $5,000 poverty line increased by 83 per cent between 2007 and 2011, an Inter-American Development Bank (IDB) report warning that “dramatic income deterioration” has driven this number well above 5,000.

Act reforms further kick to 'close to 50%' labour burden

The proposed Employment Act reforms will merely “kick the private sector when it’s down”, a well-known businessman warning that his labour costs were already “edging up towards” being equivalent to both 50 per cent of total costs and gross profits.

Meeting with PM helps 'revive' $225m project

Principals behind the $225 million trade market proposed for Freeport are hoping last Thursday’s meeting with the Prime Minister will enable them to take the project “to the next level”, given the “encouragement” they received from the Government.

NIB '52% of way' to $200m income target

The National Insurance Board’s (NIB) $104 million in collected contribution income at end-June has put it slightly ahead of schedule, or more than 50 per cent of the way, towards its $200 million full-year target at 2012’s mid-point.

Fresh Market takes top design award

The Solomon’s Fresh Market store at the Old Fort Bay Town Centre has won the Annual Star Building System Award for Best Building in the south-east US region.

We cannot plan for 1,500 business failures

By Ian Ferguson

Minister pledges 'value for money' On Gov't housing

A Cabinet minister has pledged to deliver “better value for money” from the Government’s housing programme, and acknowledged that “it cannot all” be financed through the cash-strapped Bahamas Mortgage Corporation (BMC).

Month’s end closing for John S George

One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.

20% poverty gap reduction target

A comprehensive overhaul of the Bahamian social security system could cut poverty rates by 5 per cent, and slash the poverty gap by 20 per cent, an Inter-American Development Bank (IDB) report has forecast.

Gov’t warned: ‘Back off’ over labour reforms

Bahamian employers remain “furious” about the nature and timing of the proposed Employment Act changes, one well-known businessman yesterday saying the reforms would introduce “outrageous inflexibility” and turn this nation into another France.

Fishermen optimistic on 5m pounds crawfish goal

The Bahamas Commercial Fishers Alliance (BCFA) president yesterday said he was optimistic that the customary target of five million pounds of crawfish would be hit this season, telling Tribune Business there was no trickle down effect for Bahamian fishermen as exporters were securing the lion’s share of revenues.

How the tough can get going

A start-up is a new enterprise going through the early phases of development. We all hope ours will be characterised by rapid growth and venture capitalists kicking down the door.

PM moves to ease Baha Mar dispute

EMPLOYEES of the Wyndham Nassau Resort and Crystal Palace Casino remained on “work-to-rule” yesterday as hotel union and Baha Mar executives met with Prime Minister Perry Christie and Labour Minister Shane Gibson for a second day over the resort’s planned September closure and voluntary separation offer to employees.

Minister to ‘hammer out’ Act reforms with Gov’t partners

LABOUR and National Insurance Minister, Shane Gibson, said yesterday that he plans to sit down with employer and trade union representatives to “hammer out” the proposed reforms  to the country’s Employment Act, once he receives detailed feedback from  the employers.

Employees reject 20% City Markets severance offer?

A FREEPORT-based attorney said yesterday he may seek the Supreme Court’s assistance in the disbursement of monies owed to former City Markets employees, amid suggestions that staff had rejected an offer to receive 20 per cent of the severance pay due to them.

Alleged $22m PI fraudster served via DPM’s law firm

Receivers have been forced to serve legal proceedings on a Paradise Island resident accused of committing a $22 million fraud via Deputy Prime Minister Philip Davis’s law firm, Tribune Business can reveal, as they seek to recover $7.1 million allegedly transferred to the Bahamas.

$1.3m to upgrade five units ‘crucial’ for Bahamas trade success

Some $1.295 million in financing from the Inter-American Development Bank (IDB) is aiming to upgrade five new government units “crucial” to the Bahamas’ success in trade negotiations, including the Standards Bureau, competition authority and Intellectual Property Office (IPO).

FamGuard: Downgrade ‘defies logic’

FamGuard Corporation yesterday said A. M. Best’s decision to downgrade the company’s rating “just defies logic”, especially after its mortgage book’s share of total investment assets was reduced by 15 percentage points over a five-year period.

Czechs target $22m of Kozeny’s assets

Controversial Lyford Cay-based financier, Viktor Kozeny, is confronting a ‘ghost from his past’ over moves to enforce a $410 million judgment against him by seizing $22 million held in frozen New York bank accounts.

‘Leading Bin Laden financier on Board at Bahamas bank’

An alleged top financier for Osama bin Laden’s al Qai’da network sat on the Board of a now-defunct Bahamian bank, a US Senate report released on Tuesday reveals.

Fishermen reject ‘open up’ to foreigners call

THE Bahamas Commercial Fishers Alliance (BCFA) yesterday said it is adamantly opposed to allowing foreigners to fish in this nation’s waters, its president telling Tribune Business that the unsustainable methods many foreigners employed would be detrimental to the industry.

$1.3m to upgrade five units 'crucial' for Bahamas trade success

Some $1.295 million in financing from the Inter-American Development Bank (IDB) is aiming to upgrade five new government units “crucial” to the Bahamas’ success in trade negotiations, including the Standards Bureau, competition authority and Intellectual Property Office (IPO).

NAD expands management team with 2 Bahamians

THE Nassau Airport Dvelopment Company(NAD) yesterday announced it has expanded its management team with the additions of Sian Bevans and Tenniel Newton.

CLICO'S ownership of GB firm questioned

CLICO (Bahamas) liquidator has to-date been unable to prove that the insolvent insurer is the ultimate beneficial owner of a Grand Bahama-based building supplies company, threatening his ability to sell this asset for the benefit of creditors.