COVID like ‘bad nightmare that won’t go away’
Bahamian businesses were last night bracing for the imposition of additional restrictions to combat “out of control” COVID-19 infection rates, with one saying: “It cannot be business as usual.”
Top hotelier: COVID cases ‘unacceptable’
The Bahamas’ top hotelier last night branded soaring COVID-19 case numbers as “unacceptable” and backed the government imposing “prudent” measures and conditions to control the outbreak.
Law change to open building inspections
The government is planning to reform construction-related laws so that licensed architects and engineers can approve building works performed by their counterparts, the deputy prime minister has revealed.
Inflation, structural or transitory?
ActivTrades
MUCH has been said about the recent escalation in consumer prices, which some see as the result of the economic boom and logistical issues arising in the aftermath of the pandemic, likely to soon start fizzling out. However, others view the situation as something more serious that is likely to linger on for years.
Govt must talk less, show more over procurement transparency
It was really not my intention to write another article before September, but so much has been happening on the public procurement front lately that I believe I am duty bound to respond to these issues.
Farmer gains 2,500 clients over backyard consultancy
One farm has pivoted to providing backyard farming consultancy services to more than 2,500 persons as a result of the COVID-19 pandemic’s impact on incomes and food security.
Businesses support Govt over extending COVID emergency
Several Bahamian businesses are backing the government’s move to extend its COVID-19 emergency powers beyond August 13 on the basis that Bahamians need to be protected from themselves.
IAN FERGUSON: Minimising COVID risk for business travellers
As we closed borders, cancelled events and self-quarantined at home on a mass scale, the travel industry - as well as most other sectors - began its plummet into a tailspin. The collective effort to save lives meant economic catastrophe for an industry that profits from people leaving their homes. The wound inflicted by the pandemic on the travel industry is deep, and it has not stopped bleeding yet.
Cruise ship’s ‘arrest’ sparks $25m battle
A Bahamian shipping agent is fighting to overturn a $25m “default judgment” stemming from the earlier “arrest” of a major cruise ship that brings thousands of visitors to this nation annually.
Credit unions brace for ‘heightened oversight’
The Central Bank has pledged that credit unions will be subjected to “heightened oversight” because they have “very minimal excess capital” with which to withstand a surge in COVID-related loan delinquencies.
Sunryse founder leaves following company’s sale
Sunryse Information Management’s founder was yesterday said to no longer be with the company he founded over two decades ago following its sale to a US-based provider.
Ex-Luciano’s managers get $74k compensation
Two former restaurant managers at the now-closed Luciano’s have been awarded a combined $74,000 after the Industrial Tribunal found their ex-employer in breach of the Employment Act’s redundancy provisions.
More Caribbean growth now on insurer’s ‘radar’
A Bahamian insurer says “there is something on our radar” for further Caribbean expansion as it bids to cut its reliance on this nation to just 55-60 percent of its annual business activity.
Carnival hopes 20-year port wait nearing end
Senior Carnival Cruise Lines executives have voiced optimism that their 20-year search for a private port location in Grand Bahama is nearing an end with their latest $100m project.
Carnival’s GB port eyeing 2025 finish
Carnival Cruise Line executives have pledged to transplant any coral that may be threatened by its multi-million Grand Bahama cruise port which will incorporate a significant amount of precast materials into its construction.
