Chamber's 'grave concern' on lockdown release effect
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) today said it is "gravely concerned" by a near-total lockdown of New Providence that may ultimately prove "counterproductive" to the Government's health objective.
DPM rejects Bahamas 'debt crisis' description
The deputy prime minister has rejected assertions that The Bahamas is one of 52 nations trapped in a debt crisis, arguing that the country remains "in a relatively good position".
Bulk property tax discount 'win-win'
The Government can "get an immediate cash injection" worth potentially hundreds of millions by implementing a series of discounts for bulk real property tax payments, a prominent realtor said yesterday.
Union chief fears COVID middle class wipe-out
A trade union leader last night backed the Prime Minister's decision to place New Providence on total lockdown as he warned that COVID-19's economic impact may wipe out the Bahamian middle class.
Shipyard plans rebound from 'brink of closure'
Grand Bahama Shipyard yesterday said last week's termination of 67 workers was vital to its survival strategy after events over the past 15 months brought it "to the brink of closure".
Environmentalists urge reversal of oil explorer's licence extension
Environmentalists yesterday demanded that the Government “rescind” the extension granted to the Bahamas Petroleum Company's (BPC) license to drill for oil in Bahamian waters.
Banks told: Don't take benefits to repay loans
The Central Bank yesterday said it has ordered commercial banks and credit unions not to use clients' COVID-19 unemployment benefits to repay loan facilities.
BTC to continue 'home work' model to end-2020
The Bahamas Telecommunications Company (BTC) yesterday said it will continue the work-from-home model that is running 90 percent of its operations for the rest of 2020.
COVID-19 forces Scotia to close Cable Beach branch
Scotiabank (Bahamas) yesterday confirmed it has closed its Cable Beach branch until next Monday after an employee tested positive for COVID-19.
COVID alters Grand Lucayan agreement
A Cabinet minister is still “optimistic” the Grand Lucayan’s sale and redevelopment will proceed even though COVID-19 may make the deal look much different to its original version. Dionisio D’Aguilar, minister of tourism and aviation, told Tribune B
Govt puts 'roadblocks' on 50% of construction
The government’s tightening of restrictions on hardware stores has created “roadblocks” preventing more than 50 percent of the construction industry from functioning properly, a top engineer is warning. Quentin Knowles, The Bahamas’ Society of Engin
Civil servants fight civil war
The Bahamas Public Services Union’s (BPSU) president and treasurer have won another skirmish in their legal battle with rival executives and trustees over how the union’s funds are being used. Kimsley Ferguson, pictured , and Philip Greenslade succe
'Not too concerned' on GB power's new extra charge date
Grand Bahama’s Chamber of Commerce president is “not overly concerned” about the island’s energy monopoly adding an extra charge to customer bills on October 1 because the date is not fixed.
Food retailer: Customers get increasingly frustrated
A Bahamian food retailer says “the money is not adding up” as customers get increasingly frustrated at the length of time it is taking to enter and check-out of stores amid the COVID-19 restrictions. Travarus Barrow, the Phoenix Supermarket’s genera
Lumber provider 'busted open at maximum throttle'
A hardware and lumber provider says it is “busted open at full throttle” after the Government determined that only lumber and concrete providers can remain open during the COVID-19 lockdown. Anthony Roberts, general manager of City Lumber Yard, told
