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Design a different form of creativity

THE ART OF GRAPHICS Like many other common fallacies in the world of creativity, it is believed that 'Art and Design' are one and the same thing. The subject of what separates art and design is convoluted, and has

PM pledges to retake BTC majority stake

PRIME Minister Perry Christie yesterday said his administration remained committed to "exploring all lawful means" to recover majority owner

BREA's 'best month in years with Gov't' via $50k tax cap

The Bahamas Real Estate Association (BREA) has enjoyed "its best month in years with the Government", its president yesterday saying that the Christie admi

Chamber chair: 'More creative' thinking need on fiscal woes

The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday described the projected $550 million GFS fiscal deficit for 201

Renewable tariff code 'obsolete'

A RENEWABLE energy provider yesterday said it was working closely with the Government to clearly define terms associated with the technology, descr

Import duty exemptions Exuma's 'missing piece'

THE Government's decision to reinstate Exuma's duty-exemption eligibility under the Family Island Development Act was hailed yesterda

Ex-minister in jobs programme defence

FORMER minister of state for finance, Zhivargo Laing, yestrday defended the former government's introduction of the 52-week job programme as a

Hotels chief backs Gov't's Bahamian ownership 'thrust'

THE Bahamas Hotel Association (BHA) has welcomed the Government's "added thrust" to support local hoteliers and more Bahamian

GB hotels welcome 50% tax reduction

Grand Bahama hoteliers yesterday welcomed the five-year, 50 per cent reduction in their occupancy taxes, saying it would free-up cash flow for i

Gov't eyes pre-election contracts crackdown

PRIME Minister Perry Christie yesterday said his administration will table legislation to prevent the signing of government contracts be

FINCO: Three-year offload sparks $9.1m provision hit

Despite recovering "in excess of" 80 per cent of the outstanding principal 0n distressed property sales, FINCO's managing director yesterday said the mortgage

URCA to assess regulation of satellite TV

The Utilities Regulation and Competition Authority (URCA) last night pledged to address Cable Bahamas' concerns it was being placed at "a competitive disadvantage" by ass

Adviser: Gov't must 'move' to run recurrent surpluses

The 128 per cent increase in the Bahamas' national debt over the past decade means the Government must "address without delay" its ever-growing fiscal deficit

Robin Hood's replacement 'as big as before'

MARIO'S Bowling and Entertainment Palace chief executive, Leslie Miller, told Tribune Business yesterday that negotiations to re-open th

Nassau/PI resorts 5,000 up on room nights goal

Total room nights sold in April by Nassau/Paradise Island hotels exceeded projections by 5,000, Tribune Business was told yesterday, but the industry missed its room

Marketing must always be taken into account

MARKETING REVOLUTION About 15 years ago I used to be a chief financial officer (CFO) at a major Bahamian retail company. This was before I dedicated myself to learning how to market. The brand managers had to pre

Importer: Customs 'waitingfour years' for bulb ruling

A BAHAMIAN renewal energy services provider yesterday remained adamant it will not pay a 35 per cent import duty on LED light

Gov't to 'walk tightline' over Budget

The Government will "have to walk a tight line" between its pre-election promises and the need for fiscal prudence when it delivers the 2012-2013 Budget today, a senior priv

S&P: Bahamas’ savings slump to 10% of GDP

The Bahamas’ already-low national savings rate fell by a further 5 percentage points during the recession’s peak to just 10 per cent of GDP, a Wall Street credit rating agency has revealed, warning this “may force difficult” fiscal and social security-related decisions upon the Government.

Gov't, Central Bank urged to overseas financing restraints

The Bahamian authorities have been urged to relax legal and regulatory constraints to provide small businesses with “vital” access to international capital, a leading consultant telling Tribune Business the sector was currently “in ruins”.

'Significant' 15% uptick in key Clico asset's price

The liquidation of the Florida real estate development that accounts for 63 per cent of CLICO (Bahamas) assets continues to gather momentum, the liquidator and his agents having clinched a “significant” 15 per cent increase in the per acre price for their latest sale.

Developer invests $53m into Bahamas economy

New Providence Development Company (NPDevCo) has told Tribune Business it has invested $53 million in the Bahamian economy via its water franchise and Old Fort Bay Town Centre venture, with an $8.2 million wastewater treatment facility “nearing completion”.

First Caribbean staff 'can't have cake and eat it'

The Chief Justice has ruled that six employees released by FirstCaribbean International Bank (Bahamas) cannot receive redundancy payments under BOTH their industrial agreement and the Employment Act, describing their arguments as “not sustainable”.

How 'green' pays off

The world has undergone a major shift in how we view our existence and future here on Planet Earth. There are some who will have us believe that our actions are so destructive to the planet that we have altered our course forever.

Commission warns on 'unrestricted' vigilance

The Securities Commission has warned Bahamas-based unrestricted investment fund administrators (UIFAs), in particular, to expect increased regulatory vigilance.