A prominent Bahamian businessman yesterday urged the government not to implement an overly-huge economic stimulus package or open the economy too soon in the battle against COVID-19. Sir Franklyn Wilson told Tribune Business that The Bahamas simply
The Lyford Cay Club yesterday confirmed it will close at month's end, and terminate around 150-160 staff, as it "moved up" a $40m renovation amid the COVID-19 pandemic.
A Bahamian liquor distributor yesterday accused its rivals of “pressuring” the government to perform a u-turn on its free home delivery service in less than 24 hours. Gary Sands, Jimmy’s Wines and Spirits general manager, told Tribune Business it wa
Harbour Island’s “largest employer” yesterday said COVID-19 had dealt it a “heart-breaking blow” following a “stunning” January where room revenue was up 52 percent year-over-year.Dean Spychalla, general director for Valentine’s Resort and Marina, to
The Fusion Superplex was unable to meet the last staff payroll before the COVID-19 lockdown because debtors failed to pay the collective $1.2m they owe, its top executive revealed yesterday. Carlos Foulkes, its chief executive, told Tribune Business
Cleaning products and services firms yesterday said their addition to the list of “essential” businesses spared from the lockdown is critical to combat the health risk posed by COVID-19. Roman Knowles, a Blanco Bleach sales manager, told Tribune Bus
A Bahamian marine pilot company has expanded its services to Bimini after obtaining the necessary approvals from the Ministry of Transport and the Port Department. “Marine pilots services are of the utmost importance as it pertains to maritime safet
Royal Bank of Canada (RBC) has announced special banking times for seniors and differently-abled persons that will take effect today due to the ongoing COVID-19 global pandemic.The Canadian-owned financial services provider said in a statement that f
Information technology (IT) firms yesterday said their will “heavily stress” the importance of business resiliency to every client once the COVID-19 pandemic is over. Philip Darville, SolveIT Bahamas’ managing director, told Tribune Business yester
A National Fisheries Association (NFA) director yesterday argued that the government should permit fishermen to sell directly to the public at a “well-policed market”.Paul Mailis, while backing the nationwide lockdown to prevent COVID-19’s spread loc
The Bahamas Development Bank (BDB) has joined the list of financial institutions offering a three-month loan repayment deferral to clients who are current on their credit facilities. Unveiling its response to the COVID-19 pandemic, the government-ow
The Bahamas Telecommunications Company (BTC) yesterday said it has increased broadband Internet speeds at no extra cost as part of multiple measures introduced amid the COVID-19 pandemic. The carrier added that it has also created a virtual store; a
The Government was yesterday urged to strike "a happy medium" in its battle against COVID-19 amid fears that an extended lockdown could "completely destroy the Bahamian economy".
Some 30 percent of small businesses will “automatically” close if the government extends the nationwide COVID-19 lockdown for another month, a consultant to the sector warned yesterday.
The hotel union’s president yesterday said he was “hoping and praying” that the COVID-19 related closure of Atlantis and other major Bahamian resorts does not extend beyond May 15.