Minister to revive BTVI partnership
The Minister of Labour has pledged to revive his ministry’s partnership with the Bahamas Technical and Vocational Institute (BTVI), in a bid to improve its graduates’ employment prospects.Dion Foulkes was speaking after BTVI’s president, Dr Robert W.
CIBC worker passes compliance course
A client service officer at CIBC FirstCaribbean’s corporate and investment banking unit, Jensen Curry, passed the Canadian chief compliance officer qualifying exam after studying with the Nassau-based Securities Training Institute (STI).Bettina Albur
DPM optimistic 'no long-term' Irma effect
The Government has decided against emergency borrowing to finance Hurricane Irma-related repairs, the Deputy Prime Minister confirmed yesterday.K Peter Turnquest, who is also minister of finance, told Tribune Business that any repairs to homes, busin
‘Realities so grim’ if no action on Moody’s
The Government is “almost compelled” to improve the Bahamas’ fiscal and economic performance, a top insurer said yesterday, because “the realities are so grim” if it fails.
Minister: Tourism ‘dodged a major bullet’ with Irma
The Minister of Tourism yesterday said the Bahamas’ main industry had “dodged a big bullet” from Hurricane Irma, and should be able to rebound “very quickly”.
BAMSI ‘opens new market’ through Irma preparations
BAMSI yesterday said it had minimised Hurricane Irma’s potential impact through early harvesting, revealing the storm had cost it just 8-10 per cent of its banana and papaya crops.
Bahamas gets $234k from Caribbean disaster facility
The Bahamas will receive a $234,000 Irma payout from the Caribbean disaster insurance facility that the Christie administration previously withdrew from, it was revealed yesterday.
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.
