Auto dealer supports storm fraud safeguard
An auto dealer yesterday backed the Government’s safeguards for Hurricane Matthew automobile replacements, suggesting it would reduce the fraud and exploitation seen under previous ‘exigency Orders’.
Hurricane exposes BPL manager’s ‘inexperience’
Hurricane Matthew has exposed the “inexperience” of Bahamas Power & Light’s (BPL) management company in dealing with the aftermath of storms, a former Cabinet minister argued yesterday.
‘Support Bahamian’ in our hour of need
Consumers and businesses were yesterday urged by a senior Chamber executive “to support what is Bahamian” by shopping at home for the majority of hurricane relief and restoration supplies, so as to get the economy “back on the right footing”.
Power problems ‘tie private sector hands’ on storm restoration
The private sector’s “hands are tied” over Hurricane Matthew restoration by the absence of electrical power and Internet access, the Chamber of Commerce’s chief executive said yesterday.
BPL needs better communication, says ex-union president
The former head of the BEC management union yesterday added his voice to criticism of the utility’s Matthew restoration strategy, arguing that it could have quelled Bahamian frustrations through better communication.
Price Control probes ‘gouging’ complaints
The Price Control Commission’s chairman yesterday said it was investigating reports of price gouging on New Providence and the Family Islands, having received several consumer complaint calls to-date
GB tourism comes ‘to a grinding halt’
The Minister of Tourism yesterday admitted that tourism on Grand Bahama had “come to a grinding halt” due to Hurricane Matthew, as his officials looked at ways to improve the product.
Insurers: Matthew loss ‘could exceed’ $400m
Bahamian insurers yesterday estimated that total insured losses from Hurricane Matthew “could exceed $400 million”, with individual underwriters bracing to receive claims volumes that reach into the thousands.
Baha Mar receiver: No Matthew delay to remobilisation
Baha Mar’s receivers yesterday said there was “nothing at this stage” to indicate that Hurricane Matthew’s passage would delay the $3.5 billion project’s construction remobilisation and completion.
Exuma in ‘two month drag’ via Sandals closure
Exuma’s economy will suffer a two-month “drag” as a result of Sandals Emerald Bay’s decision to close until December 15 to undergo hurricane repairs.
Building suppliers ‘overwhelmed’ by post-Matthew rush
Building supply merchants yesterday said they were “overwhelmed” by the post-Matthew sales rush, as they warned Bahamians to brace for price increases on key restoration materials.
‘Dismay at slowness’ of electric restoration
A prominent businessman yesterday said he was “a little dismayed by the slowness” in restoring New Providence’s electricity supply, and urged Bahamas Power & Light (BPL) to better communicate its progress.
Fiscal calamity just ‘one disaster away’
The Government’s proposed hurricane reconstruction bond shows the Bahamas is “one disaster away from financial disaster”, the Opposition’s finance spokesman said yesterday.
Atlantis awaits over 3,000 group visitors
The Bahamas’ major resort expects to be fully operational today, and ready to welcome more than 3,000 group guests to Paradise Island this week.
AML chief: No worry over inventory restock
AML Foods chief executive said yesterday there were no concerns over the restocking of its stores’ food supplies following Hurricane Matthew, telling Tribune Business they had only suffered “minor damages here and there”.
