Fidelity: ‘No overhang to depress worker morale’
A BISX-listed bank’s conservative approach to COVID loan loss provisioning has paid off by ensuring “there’s no overhang that depresses staff morale”, its chief executive says.
Retailers face nervous festive inventory wait
A BAHAMIAN retailer yesterday said “goods are sitting in places and we can’t get them”, as she lamented the supply chain woes disrupting the run-up to a vital Christmas season.
Retailers detect Black Friday spend rebound
RETAILERS reported a “spending rebound” on Black Friday as shoppers queued from 5am to seek-out bargains leading into the Christmas holiday shopping season.
Cruise giant in $3,000 annual PI seabed deal
Royal Caribbean Cruise Lines secured a second lease from the Minnis administration allowing it to rent three acres of seabed off Paradise Island for just $3,000 per annum, it can be revealed.
Virgin ‘pacing ahead’ of Bahamas route forecast
Virgin Atlantic’s just-launched Bahamas route is already “pacing ahead” of forecast business volumes for its first six months, the country’s top tourism official said yesterday.
No ‘far-off dream’: On target for 1m tourists
The Bahamas is on target to realise its “far-off dream” of one million stopover visitors in 2021, a top official disclosed yesterday, while hotel rates and tourist spending up on pre-COVID levels.
Furlough ‘frustration’: Workers want finality
A union president yesterday warned that the 90-day extension to the COVID furlough period is “adding to the frustration” of long-suffering workers who want “finality” for their plight.
Gas stations seek margin rise: ‘Our backs are against the wall’
Gas station operators have their “backs against the wall” after returning to 24/7 operations due to the continuing wait for an increase to their price-controlled margins.
IAN FERGUSON: Inviting the giving spirit to your firm
THANKSGIVING Day, even in The Bahamas, usually signals the start of the festive season and the season of giving. This year, the spirit of giving is even more critical as the world rebounds from the terrible grip of the global pandemic.
‘Rolling with the punches’ over retail make or break
A Bahamas Federation of Retailers co-chair yesterday reiterated that the Christmas shopping season will be “make or break” for many merchants, adding: “We’re just rolling with the punches.”
Fidelity eyes $21m-$22m profit following ‘overshoot’
A BISX-listed bank is targeting full-year net income of $21m-$22m after its exceeding its budgetary target during the first nine months of 2021, its chief executive revealed yesterday.
‘Standard bearer’ bank put into administration
A Bahamian bank, whose new owners pledged it would be “a standard bearer” for the jurisdiction just eight months ago, has been placed under statutory administration by the Central Bank.
ART OF GRAPHIX: Pairing content with images is vital tool
MARKETERS have known this for a while: A well-suited image makes for a successful campaign. But how do images really work their magic? And how can you exploit the potential of visuals in a digital space already cluttered with countless images?
Vaccines while you shop at Super Value
Super Value’s principal yesterday said he will be “very disappointed if thousands” of shoppers fail to get COVID-vaccinated at two of his stores this weekend, adding: “We must get to 100 percent.”
Nassau’s airport to be ‘a lot like’ pre-COVID
Nassau’s major airport gateway will see passenger volumes “a lot like” 2019 and early 2020, its chief executive, said yesterday, reflecting tourism’s projected Christmas/New Year resurgence.
