Minister blames Baha Mar over benefits delay
A Cabinet minister last night blamed Baha Mar for the hold-up that has resulted in hundreds of its furloughed employees not receiving due unemployment benefits for up to four weeks.
Water sports chief in retirement delay following $2m loss
An Exuma water sports operator yesterday said he did "not know if I'll ever retire" after the COVID-19 pandemic cost his family-owned business "$2m and counting".
'We don't know where the next dollar is coming from'
An ex-Cabinet minister says his family's business "doesn't know where the next dollar is coming from" as losses hit $150,000 per month due to COVID-19's devastating impact on the entertainment sector.
'Stop relying on good US fortune', top banker urges
The Bahamas must "stop relying on its good fortune" and US proximity to reverse its downgrade spiral and recover its economy from COVID-19's clutches, a top banker has warned.
The light at the end of the tunnel
ActivTrades
IF ONE was asked to call out an influential year in history, it is unlikely that 1796 would be picked. Years and dates tend to fade into the immense background that makes up the fabric of history, with only a few standing out among the myriad of events that brought us to where we are today.
Bahamian insurers see high ratings confirmed
Two Bahamian insurance companies have seen their A (Excellent) financial strength rating reaffirmed by the industry's leading rating agency.
FamGuard payouts drop $3.7m on COVID fall-out
Family Guardian's chairman has attributed a $3.7m decline in policyholder payouts for the nine months to end-September 2020 to a fall-off in medical claims caused by COVID-19.
'Between devil and the deep blue sea' over $100m Love Beach development
An ex-Bahamas Real Estate Association (BREA) president yesterday said he and the Government are "caught between the devil and the deep blue sea" over a $100m Love Beach condominium project.
$5m 'game changer' for farming, fisheries
A Cabinet minister has branded as a "game changer" the development of a $5m grant funding initiative for the farming and fisheries industries.
Newly-launched realtor says 'interest never more robust'
The principals of a newly-launched Bahamian real estate firm say "inquiries have never been more robust" as high-end clients seek socially-distanced getaways amid the COVID-19 pandemic.
Risk identification vital to minimising all threat
Governance, risk and compliance (GRC), once carefully crafted, can effectively manage and monitor a company's enterprise risk environment and ensure compliance with industry regulations, while also addressing vulnerabilities that can negatively impact it.
MP pushes for bank shared service hubs
Long Island's MP yesterday urged Bahamian commercial banks to created shared services hubs that will cater to multiple Family Islands rather than abandon these locations completely.
Ex-landfill manager 'won't be driven out'
The New Providence landfill's former top executive yesterday said he and his company have been "targeted and harassed" in a bid to drive them out of The Bahamas and halt their pursuit of legal claims.
Grand Lucayan 'turn over' before end-20
A Cabinet minister yesterday voiced optimism that the Grand Lucayan will be "fully turned over" to the ITM Group/Royal Caribbean joint venture before year-end 2020.
Gov't pivots to Cisco MOU on technology hub
The Government has signed a Memorandum of Understanding (MoU) with Cisco Systems to lay the education foundation for its technology hub ambitions, a Cabinet minister said yesterday.
