IOC member says Olympic Games will be postponed
With the spread of the coronavirus pandemic around the world, an International Olympic Committee member said on Monday the 2020 Olympic Games would be postponed, a decision that will affect the six Bahamian track and field athletes who have qualified so far.
Govt may expand temporary jobless benefit scheme
MINISTER of Public Service and National Insurance Board Brensil Rolle suggested the government could expand its temporary unemployment benefit assistance to include people not in the tourism industry who have been affected by actions taken to prevent spread of the coronavirus.
Coronavirus gives markets the bug and turns Bulls into Bears
The spread of coronavirus and the growing realisation about the impact it will have on the global economy triggered one of the most spectacular U-turns in the history of stock markets.
Churches happy they got their message across
CHURCHES across the country used online platforms to conduct Sunday services for their members yesterday after agreeing last week to suspend mass gatherings to prevent the spread of COVID-19.
No new cases but there may be a surge
THE number of confirmed COVID-19 cases in the Bahamas remained at four over the weekend, but health officials warned against a false sense of security as they brace for a surge in numbers.
‘It’s not been this bad in 30 years’
The hotel union’s president yesterday estimated up to 15,000 resort workers and their families have been hit by the wave of industry closures, and said: “I’ve never seen it this bad in 30 years.”
Get 'game changer' industries to reduce external vulnerability
Commonwealth Bank’s president says the COVID-19 pandemic fall-out has again exposed the urgency for The Bahamas to attract “game changer” industries that will diversify its economy.Raymond Winder told Tribune Business that this nation had done little
Fidelity bucks 'blanket' loan deferral trend
A BISX-listed commercial bank says it will not be making “grandiose statements” of “blanket” COVID-19 loan deferrals and instead plans to continue its post-Dorian “case-by-case basis” approach.Gowon Bowe, Fidelity Bank (Bahamas) chief financial offic
Turnquest: Recovery to be slow and anaemic
The Government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is "prolonged".
RBC to temporarily close Bay Street, Mackey Street branches
Royal Bank of Canada has announced the temporary closure of two of its branches as a result of measures to tackle the coronavirus.
Virus takes jobless to 30% as major hotels shut down
THE country’s major hotels are shutting down because of the coronavirus crisis and temporarily laying off staff, with Tourism Minister Dionisio D’Aguilar saying the unemployment rate is now probably above 30 percent and expected to grow.
Farewell to the Sun King, Sol Kerzner
FAMILY, friends and political figures paid tribute this weekend to hotel tycoon and Atlantis developer Sir Sol Kerzner, who died on Saturday at the age of 84.
INSIGHT: Pray our government is getting this right because the alternative is terrifying
IF there is anything valuable we’ve learned since COVID-19 launched its deadly onslaught on at least 186 countries, amassing more than 276,000 cases and causing over 11,000 deaths, it is that timing is everything. The Bahamas has been blessed with the good fortune of witnessing the mistakes made by other countries and is acting at what may prove to be the optimal time.
How my friend helped fulfill a dream for these islands
It is most difficult for me to accept that Sol Kerzner has died at the age of 84. I had the very good fortune of working with Sol from the day he assumed control and management.
Why we must listen to our Birth Mother
On this first day of Spring, I should like to share these words in your publication as we face this present day crisis together in the Commonwealth of The Bahamas and all around the world.
Retailer hails 'huge help' of govt lockdown change
A major Bahamian retailer has hailed the government’s decision to modify its “locked down” businesses list as “a huge help” both to its sector and the wider economy.Brent Burrows, vice-president of CBS Bahamas (Commonwealth Building Supplies), told T
Govt told: Increase small business support to $50m
The government has been urged to more than double its planned small business loan support to $50m amid fears firms may lose up to 60 percent of their sales between now and end-June.Mark A. Turnquest, a well-known small business consultant, told Tribu
Galleria: No lay-offs despite our closure
Galleria Cinemas says it does not expect to lay-off any staff despite being forced to close its doors to customers as a result of the coronavirus lockdown. Christopher Mortimer, pictured , the company’s principal, said: “We are following the protoco
More stimulus to come amid 30% jobless rate fear
The government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is “prolonged”. K Peter Turnquest, pictured , in a messaged reply t
Sarkis defeats CCA over $150m 'oppression' claim
Sarkis Izmirlian has fought off a $150m “shareholder oppression” claim in the latest of a series of New York legal victories against Baha Mar’s main contractor. Judge Saliann Scarpulla, sitting in the New York State Supreme Court, ruled that China C
