Insurance rate rise ‘may come into play in ‘18’
Bahamians were yesterday warned that increased catastrophe insurance rates “may come into play in 2018” as a result of hurricane-related devastation in the US.
Minister sees tourism opportunity from Irma
The Minister of Tourism yesterday said the devastation inflicted by Hurricane Irma on Caribbean rivals could create an opportunity for the Bahamas to increase business.Speaking prior to yesterday’s Cabinet meeting, Dionisio D’Aguilar said: “Tourism i
Super Value chief: 'No need to panic' over food supplies
Super Value’s owner yesterday reiterated that there was “no need to panic” over concerns that Hurricane Irma’s impact on Florida could affect food shipments to the Bahamas.Rupert Roberts told Tribune Business he had experienced no issues with US-base
Sterling reassures investors over its Bahamas projects
Sterling Global Financial yesterday said it had reassured its 1,500-plus investors that all the group’s Bahamas-based properties and investments came through Hurricane Irma unscathed.“We realised that as soon as the hurricane began bearing down on th
BTC moves to aid Irma relief efforts
The Bahamas Telecommunications Company (BTC) is providing Grand Bahama residents with charging stations for their electronic devices, and launched a month-long donation campaign for Hurricane Irma relief efforts.The communications provider has also j
Storm insurance ‘package’ plan: 50% of firms keen
Bahamian Chambers of Commerce are seeking to develop a hurricane insurance “package” for small businesses, with around 50 per cent of Grand Bahama firms expressing “interest”.
BTC: 15% of network gets Irma impact
The Bahamas Telecommunications Company (BTC) yesterday said that while 15 per cent of its network was impacted by Hurricane Irma, its infrastructure held up “fairly well” throughout the storm.
Small Family Island model ‘unsustainable’
Smaller Family Islands must embrace a new development model to prevent the Government from being saddled with an “unsustainable” storm repair bill every few years.
Bimini business owner hit by ‘total devastation’
One Bimini resident yesterday lamented the “total devastation” that Hurricane Irma visited on his business, as a former administrator hit out at the island’s major resort.
Chamber doesn’t get one complaint of price gouging
The Chamber of Commerce yesterday said it has yet to receive a single complaint about price gouging by businesses prior to Hurricane Irma.
Major resort properties 'unscathed' by Irma
The Bahamas Hotel and Tourism Association (BHTA) yesterday said reports to-date suggested most resort properties were left largely “unscathed” by Hurricane Irma.Acknowledging that it had yet to receive official information from the hardest-hit island
BTC fears copper theft rise post-Irma
The Bahamas Telecommunications Company (BTC) yesterday expressed concern it will suffer increased copper theft in Hurricane Irma’s aftermath, adding that this brings “significant” cost.Andre Foster, the company’s chief operating officer, speaking abo
BTVI leads economic model for fly fishing
The Bahamas Technical and Vocational Institute (BTVI) has been hired by the Ministry of Tourism and Inter-American Development Bank (IDB) to implement a sustainable economic model for fly fishing training and certification.To help fulfill this mandat
Bahamas 'dodges a bullet' from Irma
The Deputy Prime Minister yesterday predicted the Bahamas had “dodged a bullet”, with Hurricane Irma unlikely to force the Government into emergency borrowing. K P Turnquest told Tribune Business that while damage assessments have yet to be conducted
Bahamas supply chain 'very fortunate' on Irma
The Bahamian economy’s supply chain was yesterday said to have been “very fortunate”, as Hurricane Irma’s more westward track will likely lead to an earlier cargo shipping resumption.Michael Maura, Nassau Container Port’s (NCP) chief executive, told
