Local Business


Banks told: Bahamas still 'open for business'

A Cabinet minister has pledged that The Bahamas remains “open for business” despite the devastation inflicted on Abaco and Grand Bahama almost two weeks ago by Hurricane Dorian. Elsworth Johnson, minister of financial services, trade and industry an

BTC restores key Marsh Harbour site

The Bahamas Telecommunications Company (BTC) yesterday said it had completed “one of our priorities” by restoring two-way mobile services from its Marsh Harbour airport site. Garfield “Garry” Sinclair, BTC’s chief executive, said: “The Marsh Harbour

Church starts Dorian job finder programme

The New Providence Community Church (NPCC) has started a job placement initiative to help find work for Hurricane Dorian victims temporarily housed at New Providence shelters.Walter Ferguson, the initiative’s co-ordinator, told Tribune Business it ha

Contractors chief calls for 'immediate code revamp'

The Bahamian Contractors Association’s (BCA) president yesterday called for the country’s building codes to be “immediately revamped” as Dorian had shown they are “no longer adequate”.Michael Pratt told Tribune Business that despite The Bahamas havin

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'The perfect storm' for our economic viability

Hurricane Dorian was yesterday branded “the perfect storm” to derail an economic and fiscal turnaround that the government wanted to be natural disaster-free for “at least another year”. KP Turnquest, deputy prime minister, told Tribune Business

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Chamber chief: 50% of firms not totally insured

The Chamber of Commerce’s chief executive yesterday underscored the difficulties in recovering from Hurricane Dorian by revealing that around 50 percent of storm-hit businesses were not fully insured.

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Dorian destroys 30% of realtor's business

A leading Bahamian realtor yesterday pledged to “put Humpty Dumpty back together again” after Hurricane Dorian wiped out up to 30 percent of his business. George Damianos, pictured , president and managing broker of Damianos Sotheby’s International

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'Bottom feeders' targeting Abaco

A leading realtor yesterday revealed that “bottom feeders” are inquiring whether they can purchase Abaco real estate cheaply as a result of Hurricane Dorian’s devastation. Mario Carey, pictured , founder of Better Homes and Gardens Real Estate MCR B

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Dorian victims told: 'Don't reach for sky' on recovery finance

Hurricane Dorian victims were yesterday urged by a well-known banker not to sacrifice their future financial well-being by over-borrowing to recover from the storm’s devastation.Gowon Bowe, pictured, Fidelity Bank (Bahamas) chief financial officer, t

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Baha Mar: Dorian relief to 'offset' cancellations

A senior Baha Mar executive yesterday said bookings from relief workers were expected to “offset” leisure traveller cancellations triggered by Hurricane Dorian. Robert Sands, pictured , Baha Mar’s senior vice-president for government and external af


In an article headlined Half of Dorian victims lack insurance cover, published on September 11, comments were attributed to Warren Rolle, the Bahamas Insurance Association’s (BIA) chairman, calling for Bahamians to understand their insurance policies

ART OF GRAPHIX: Design criticism 'sting' is just a growing pain

Critique is a must. We cannot label ourselves as designers if we are unable to give or take criticism. Criticism is a very powerful tool for many kinds of problems. It is not just to assess designs; it is for use in creating a better business plan, o

BAIC raises queries over dorian oil spill

Bahamas Agricultural and Industrial Corporation (BAIC) officials have visited Grand Bahama’s South Riding Point terminal to assess the oil spill and damage inflicted by Hurricane Dorian.The corporation, in a statement following its Tuesday inspection

Cruise line promises 29% Nassau call rise

Royal Caribbean Cruises has pledged it will make more than 100 vessel calls on Nassau over the next few months in a bid to boost the post-Hurricane Dorian economic recovery.The cruise line said it was resuming all calls to The Bahamas, and re-opening

Shipyard delivers sign of post-Dorian rebound

Grand Bahama Shipyard (GBS), pictured , yesterday delivered “a significant sign” of post-Dorian recovery by reopening and welcoming back its first commercial vessel. The 57,062-ton Agathonissos , owned by Greece-based Eletson, returned to the facili