Local Business


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We've never seen numbers like this - how will it play out in the end?

The coronavirus pandemic is taking the planet by storm, despite emerging less than four months ago it has taken over headlines, infecting hundreds of thousands including prominent leaders such as the British Prime Minister Boris Johnson and causing u

Ocean Club to stay open

The Paradise Island-based Ocean Club says it plans to remain open with “limited services” and has no intention of laying-off staff amid the COVID-19 pandemic.John Conway, general manager of the Ocean Club, a Four Seasons resort, told Tribune Business

Taxi drivers face benefits struggle as self-employed

Taxi drivers would not be struggling to obtain the new self-employed jobless benefit if the government had moved faster on granting new plate leases and franchises, a union president is arguing. Wesley Ferguson, president of the Bahamas Taxi Cab Uni

Virus 'spikes' demand for payment provider's app

A Bahamian payments solutions provider says it has seen “a spike” in persons downloading its app to conduct financial transactions with more than 60 local businesses.MobileAssist, a financial technology (FinTech) provider, says it has given companies

'Screwed' if we don't use covid-19 to truly reform

The Bahamas will be “screwed” if it does not use the “unique opportunity” provided by the COVID-19 pandemic to restructure itself for a sustainable 21st century future, it was argued yesterday.Roderick Simms, a former Chamber of Commerce director who

Liquor distributor denies law breach

A Bahamian liquor distributor has refuted assertions by the Police Commissioner that its now-prohibited home delivery service breached the law.

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Bahamas left facing 'God awful situation'

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

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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.

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Liquor store blames rivals over govt's 24-hour u-turn

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 top employer in 'heart-break blow'

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

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$1.2m debtors hit Superplex payroll

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 firms: Critical we're treated 'essential'

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

Marine pilot firm expands to Bimini

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

RBC unveils special bank time for seniors

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

IT firms: We'll 'stress' business resiliency

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