Cruise shutdown now would be worse than at COVID start
A Bahamian destination and tour provider yesterday said a cruise industry shutdown now would have a greater impact than two years ago at the start of the COVID-19 pandemic
‘Scared to death’: Marina call for 5-day test return
The Association of Bahamas Marinas (ABM) president yesterday urged the Government to revert back to a five-day COVID testing window as moving to three days has “scared everybody to death”.
Digital banking can’t be ‘rammed down throats’
A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.
New location drives 80% of December sales rise for AID
A major Bahamian retailer yesterday revealed that its newly-opened Blue Hill Road and Coconut Grove store was responsible for 80 percent of the December sales increase seen in Nassau.
Christie Gov’t incurred huge Parks, Beaches overshoot
A Cabinet minister says resolving the controversy at the Public Parks and Beaches Authority is “a high priority” with major spending overruns not confined only to the Minnis administration.
Education among top ‘development gaps’
The Bahamas faces its biggest “development gaps” in the areas of education and environmental performance, an Inter-American Development Bank (IDB) report has confirmed.
Backing for financier’s Treasure Cay purchase
A controversial Austrian financier’s bid to acquire the Treasure Cay Resort was yesterday backed by one stakeholder as the only way to prevent the community suffering further economic blight.
BPL Board to address worker safety concern
A Cabinet minister yesterday pledged that Bahamas Power & Light (BPL) will this week address workplace health and safety concerns that have been raised by its line staff union.
Inflation to wipe VAT cut savings
Rising inflationary pressures could wipe out any consumer savings generated by the VAT rate being cut to 10 percent, a supermarket executive warned yesterday.
Food prices: ‘What goes up may not come down’
Super Value’s principal has warned Bahamian shoppers to brace for the possibility that increased food prices may be here to stay, warning: “I don’t believe in what goes up must come down.”
COVID quarantine change: ‘Right direction on all fronts’
The Government’s adjustments to the COVID isolation and quarantine rules have strengthened the “building blocks of travel confidence” for the peak winter tourism season, a top hotelier says.
COVID shutdown for auto dealer’s ‘major generator’
One of an auto dealer’s “two major generators” has likely been forced to close until tomorrow after almost one-third of staff tested positive for COVID-19 amid the latest case surge.
Cabinet yet to decide on jobless benefit extension
Cabinet will likely decide today whether to further extend the Government-funded COVID-19 unemployment benefit that was due to expire at end-December 2021.
Bahamas sees $715m gain if ‘infrastructure gap’ closed
The Bahamas stands to gain a $715m boost if it invests just $31m to close the “digital infrastructure gap” between itself and the world’s leading economies, a multilateral lender is arguing.
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