Exploiting COVID to make tourism more sustainable
World Tourism Day, celebrated on September 27, comes at a sobering time for the Caribbean. Travel is unlikely to return to normal for another year, or even well into 2022. We need to make this a transformational moment to emerge from the pandemic stronger. We must move away from being merely tourist dependent. We need to harness the industry to make our islands safer, greener and more resilient.
DPM indicates Gov't will continue COVID support
The deputy prime minister yesterday indicated the Government's COVID-19 support initiatives will likely extend beyond their end-September expiry given the delayed re-openings of many major hotels.
Family Islands see no rebound until mid-2021
Family Island businesses have described 2020 as "a wash" despite their recent re-opening and believe economic conditions will not rebound until mid-2021 at the earliest.
Barbers reporting 'sluggish' demand
Barbers say customer demand has been “sluggish” with the sector missing the usual back-to-school boost following the COVID-19 shutdown.
Compliance officers in cyber security focus
The Bahamas Association of Compliance Officers (‘BACO’) focused on cyber security when it delivered its first lunch and learn webinar via Zoom last Thursday.
Royalty-linked property placed for sale at $23m
An 80-acre north Eleuthera property once owned by a former British Cabinet minister and media mogul has been put on the market with a $23m price tag.
Port's profits slump 65% during COVID
Nassau's main commercial shipping port suffered a 65 percent or $3m year-over-year profits slump during the first five-and-a-half months of the COVID-19 crisis, its top executive revealed yesterday.
Activists pledge to continue $15.6m GB Power struggle
Activists yesterday pledged to keep fighting Grand Bahama Power Company's bid to recover $15.6m in Dorian restoration costs from customers even though it has been delayed a further three months.
Reform bankruptcy to avoid 'financial grave'
A well-known QC yesterday backed calls to urgently reform The Bahamas' ancient personal bankruptcy laws as a way to save hundreds of persons from a "deep financial grave" post-COVID-19.
Attorney fears Freeport plan 'exercise in futility'
A prominent Freeport attorney yesterday voiced fears that the latest bid to revive Freeport's economy will be "an exercise in futility" unless the Grand Bahama Port Authority's (GBPA) ownership changes.
The strengths trade unions can deliver
The Bahamas has a rich history and legacy of labour unions. Sir Randol Fawlkes, Sir Clifford Darling and other pioneers in the trenches of the labour movement sought to firmly establish standards by which consistent representation could be made for all Bahamian workers.
'Impossible' to escape FATF by virtual review
The attorney general yesterday said it was "impossible" for The Bahamas' to escape Financial Action Task Force (FATF) scrutiny through a "virtual" review of its compliance measures.
Nassau airport in key COVID-19 certification
Lynden Pindling International Airport (LPIA) has become just the second in the Caribbean to have its COVID-19 health measures certified as matching best practices by a global airport body.
Every island requires tourism 'master plan'
A former director-general has urged that a tourism "master plan" be developed for each island to aid The Bahamas' efforts to recover its largest industry amid the COVID-19 pandemic.
Freeport revival needs Gov't to go 'full steam'
The drive to revive Grand Bahama's economy can only "go full steam ahead" if the initiative obtains full support from the Government, a member of the committee leading the effort said yesterday.
