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Resolving a long-running dispute that has tied up 25,000 acres of prime real estate is "critical" to potentially creating "thousands of jobs" and reversing Long Island's depopulation, a Court of Appeal ruling havi
HEALTH care providers yesterday said they were still awaiting word on when the proposed Medical Care Improvements Bill would be implemented, the minister responsible for the sector
THERE'S "enough to go around" in the food retail business for everyone to turn a profit, according to Phil Lightbourne, owner of the Gladstone Road-based food retailer/wholesaler Ph
By NEIL HARTNELL Tribune Business Editor A leading auto dealer believes the industry will "eventually" recover to levels comparable to its 2007 peak, despite 2011's new car sales being almost 50 per cent down on that banner period in what was described a
By NEIL HARTNELL Tribune Business Editor A renewable energy provider has told Tribune Business it felt "sidelined" by the Bahamas Electricity Corporation's (BEC) decision to close its open bidding process and then subsequently sign an agreement with Ocea
By NEIL HARTNELL Tribune Business Editor A renewable energy provider is looking to "commission" its Eleuthera wind farm by early 2013, having invested $250,000 in completing the first project phase involving the construction of a Meteorological tower. Th
By NEIL HARTNELL Tribune Business Editor The Bahamian food retail market will ultimately be dominated by just three major players, AML Foods' chairman telling Tribune Business in the wake of Robin Hood's demise that consolidation was "inevitable". Dionis
By NEIL HARTNELL Tribune Business Editor Robin Hood's landlord yesterday told Tribune Business he is extremely confident about finding a replacement tenant for the closing retailer, describing the Summerwinds Plaza location as "second to none" and "the b
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas could play host to the Caribbean Hotel and Tourism Association's (CHTA) Caribbean Marketplace summit again next year, the organisation's president, Josef Forstmayr told
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net WITH the recent launch of the Government's Jump-Start programme expected to foster entrepeunership, the Bahamas Chamber of Commerce and Employer's Confederation's (BCCEC) chairman h
By NEIL HARTNELL Tribune Business Editor AML Foods says its latest preference share restructuring has given it "a tremendous amount of latitude" to focus on growth opportunities, having raised a further $4.28 million in capital and reduced dividend (inte
By NEIL HARTNELL Tribune Business Editor AML Foods is planning to invest $3-$4 million over the next five years in building its new Carl's Jr franchise to a five-store chain, a business projected to generate an annual $15 million top-line at full build-o
By NEIL HARTNELL Tribune Business Editor A leading QC has questioned the Government's sanity in allowing Customs to further attack Freeport's 'bonded goods' economy, arguing that their latest actions risked taking the Bahamas' second city back to the "wa
By NEIL HARTNELL Tribune Business Editor The Bahamas is expected to "exceed" and surpass Cozumel as the Caribbean's leading cruise destination if it maintains its current growth rate, the minister of tourism said, with 2011 stopover visitors to this nati
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamas' social security system has been subjected to "a lot of abuse", the minister responsible has admitted, acknowledging that welfare assistance was not always being given t
By Ian Ferguson The debate over whether businesses need to employ the highly qualified over the highly experienced has been going on for generations. Industry has for sometime sent very conflicting messages to young people, and some dialogue surrounding
By NEIL HARTNELL Tribune Business Editor The Bahamas International Securities Exchange (BISX) is looking to "kick off" its long-planned micro listing facility during the 2012 first quarter, Tribune Business can reveal, with investment bankers anticipatin
By NEIL HARTNELL Tribune Business Editor Marathon Bahamas organisers yesterday said hotel room nights generated by visiting athletes and their relatives would "easily exceed 2,000", with "one of the nation's leading sports tourism events" providing a muc
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE management agreement between Kerzner International and Atlantis' new owners requires the Paradise Island resort to increase profits by up to 20 per cent each year, Democratic N
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PLANS for the sale of two Nassau hotels have fallen through due to "financing issues", a source close to the situation confirmed to Tribune Business yesterday. Canadian investors R
By NEIL HARTNELL Tribune Business Editor The Bahamas has medium-term infrastructure needs of $1 billion, an Inter-American Development Bank (IDB) report has revealed, blaming the Government for "under investment" in the sector that has failed to keep up
By NEIL HARTNELL Tribune Business Editor The construction industry is just at "the threshold of recovery" from the global recession, the Bahamian Contractors Association's (BCA) president telling Tribune Business yesterday that estimates of a 3.5 percent
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE BAHAMIAN aviation industry was dealt another blow over the New Year's Day holiday weekend, with widespread delays resulting in extra fuel costs, Tribune Business was told yester
By NEIL HARTNELL Tribune Business Editor A prominent businessman has again urged the Securities Commission to "become involved" and ensure the prospectus for the $10 million Arawak Cay initial public offering (IPO) is amended to confirm that the 20 per c
By NEIL HARTNELL Tribune Business Editor The Bahamian communications industry's total revenues decreased by 7 per cent year-over-year in 2010, falling from $460 million to $428 million, as the sector's regulator pledged to introduce "universal service ob