Islands slam ‘oversight’ on rapid COVID testing
Cat Island and Long Island resorts have branded the government’s decision not to have COVID-19 testing at their ports of entry a “major oversight”.
Bahamian insurers receive new names
Two Bahamian insurance companies will today take on new names as part of a rebranding strategy by their Bermuda-based parent.
Coca-Cola supplier sees 'huge' 30-40% sales hit
The Bahamas' Coca-Cola supplier yesterday revealed its sales are down "between 30-40 percent on any given day" with reduced demand forcing it to cut staff hours by a similar proportion.
Atlantis: 'No firm re-opening date'
Atlantis last night revealed it still "does not have a firm re-opening date" while telling around 8,000 staff it would be "premature" to make any of them permanently redundant.
Tourism 'game changer' through quarantine end
Tourism operators last night hailed the elimination of the mandatory 14-day quarantine for visitors as "a game changer" that may help the industry escape a "bleak" winter 2020 season.
Ex-AG: Competitiveness concern on EU's blacklist
An ex-attorney general yesterday urged The Bahamas to "urgently remediate" what diplomats confirmed as this nation's blacklisting by an "intransigent" European Union (EU).
Dollarisation needs extra $3.2bn inflow
A Bahamian economist yesterday said the economy's full dollarisation was merely “sexy talk” given that an extra $3.2bn foreign currency injection would be required for a one-to-one conversion.
Contractor concern on public contract access
Several Bahamian contractors yesterday voiced concern they are being excluded from public works contracts as others backed the Government for trying to "stimulate as best they can".
Tax Certificate set to launch by year-end
The long-awaited Tax Residency Certificate (TRC) product will be launched by year-end 2020 in a bid to ease pressures on The Bahamas and its permanent residents, a Cabinet minister has pledged.
Resorts hail airline over pre-flight COVID testing
Bahamian resorts yesterday hailed American Airlines' plan to conduct pre-flight COVID-19 testing on all international travellers coming to The Bahamas as an “excellent” initiative.
Banks back Bahamian digital dollar roll-out
Commercial banks yesterday gave their backing to the Bahamian digital dollar's national roll-out as a means to improve financial inclusion and transaction efficiency.
BTC celebrates small business importance
The Bahamas Telecommunications Company (BTC) is celebrating October as Small Business Month to highlight the importance of its 8,000-plus clients in this category to the local economy.
COVID 'worst time' to eye dollarisation
COVID-19 is "the worst time" for The Bahamas to consider full dollarisation, an ex-finance minister said yesterday, arguing there were better options for attracting mass foreign currency inflows.
Fusion Superplex warns of 'serious decisions' on staff, finances
The Fusion Superplex will "have to make some serious decisions" on staff terminations and restructuring its finances if it is not permitted to open by early November, its chief executive warned yesterday.
Lucaya Marketplace faces 'nail biting' wait
Port Lucaya Marketplace's principal yesterday said he and his tenants were enduring "a nail biting" time with just 50 percent of stores having re-opened amid the wait for tourism's post-COVID restart.
