Local Business


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Isaias: We dodged a bullet

Cabinet ministers and private sector executives yesterday said the Bahamian economy had "dodged a bullet" after Hurricane Isaias inflicted minimal damages and loss on this nation.

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GB small businesses need $15m ‘bail-out’

The government was yesterday urged to make a $15m “bail-out” fund available immediately to prevent Grand Bahama small businesses already “on their last legs from going belly up”.

Gas station dealers eye 45-50% margin growth

Petroleum dealers want “at least a 45-50 percent” margin increase if gas stations are to remain open once the COVID-19 pandemic has come to an end. Vasco Bastian, the Esso station owner at East Street and Soldier Road, told Tribune Business : “We st

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Hope for 'strategic' lockdown dashed

Calls for the prime minister to avoid a “one-size fits all” national lockdown to curb COVID-19’s second wave were dashed last night after he imposed more severe restrictions than in the first shutdown.Robert Myers, the Organisation for Responsible Go

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ActivTrades: The eternal appeal of youth

It’s becoming increasingly common to hear that 40s is the new 30s, 50s the new 40s and so on. But is it really so? Undeniably, many of us appear younger than our parents did at the same age.

Aliv: 98% of towers restored post-Isaias

Aliv yesterday said “over 98 percent” of its cellular tower sites were fully operational by yesterday afternoon following Isaias’ passage, its top executive saying: “The resilience has paid off again.” Damian Blackburn told Tribune Business that jus

Businesses closing as COVID hits workplace

Bahamian businesses were yesterday hailed for “responsible behaviour” in electing to take the “heavy blow” of shutting down for two weeks once staff members test positive for COVID-19. Jeffrey Beckles, pictured , the Bahamas Chamber of Commerce and

Hardware retailers busy before Isaias

A major Bahamian hardware retailer said Friday had proven “extremely busy” as persons prepared for Hurricane Isaias landfall. Brent Burrows, CBS Bahamas (Commonwealth Building Supplies) general manager, told Tribune Business that: “The store was ext

Food retail 'confusion' on open hour change

Food retailers yesterday criticised the “confusion” and “bad calculations” that resulted from the government’s last-minute changes to their store opening hours over the holiday weekend.Supermarket operators said the constant revisions, first allowing

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Bahamian duo reject 'collusion' allegations

Super Value’s president and The Bahamas’ marinas chief yesterday vehemently denied claims they “colluded” with a property manager to help deprive a condo owners group of thousands of dollars. Rupert Roberts and Peter Maury, the Association of Bahama

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GB 'needs Isaias like hole in head'

Grand Bahama and its ailing economy “need Isaias like we need a hole in the head”, the island’s Chamber of Commerce president told Tribune Business last night.Greg Laroda said businesses and residents alike, already in the middle of a two-week lockdo

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Govt may 'trim sails again' on Isaias impacts

The government will have to “trim our sails one one more time” and reallocate spending to deal with the potential damage and fall-out from Isaias, the deputy prime minister said last night. K Peter Turnquest told Tribune Business that the Minnis adm

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Building Code reform must be 'grass roots'

The Bahamas Society of Engineers (BSE) president has voiced concern that the drive to update the country’s building codes is not being led by a “grass roots effort” featuring all stakeholders. Quentin Knowles, arguing that The Bahamas was “way behin

Govt rescues 'last hurrah' for hoteliers

Bahamian resorts yesterday said the government had preserved their “last hurrah” through its u-turn on requiring locals to present a negative COVID-19 PCR test to stay in them over the weekend. Clinton Davis, the Courtyard Marriott’s general manager

COVID limits GB water restoration to just 70%

The Grand Bahama Utility Company (GBUC) has blamed COVID-19 disruption for restricting post-Hurricane Dorian water service restoration to 70 percent of its customer base. The provider said disruptions to the supply chain, access to new equipment, ma