Port Authority partners on digital food vouchers
The Grand Bahama Port Authority (GBPA) has teamed with the Kanoo Pays app to launch a digital food voucher initiative targeted at helping the island’s most vulnerable families. The tie-up will aid the Grand Bahama Food Distribution Task Force, upon
No curbside privacy for pharmacy clients
A Bahamian pharmacist says the present COVID-19 restriction limiting pharmacies to curbside service is inconveniencing customers as there is “no privacy” and it is too “hectic”.Johnathan Frazer, head pharmacist at the People’s Pharmacy on Prince Char
Oil explorer hails govt in granting licence 'certainty'
An oil explorer has pledged to complete its first exploratory well in Bahamian waters “well within the timeframe” provided by the initial three-and-a-half month licence extension granted by the government.Simon Potter, the Bahamas Petroleum Company’s
'Economic implosion' fear if lockdown not relaxed
The Bahamas faces “an economic implosion” within weeks unless the government relaxes the COVID-19 lockdown for domestic industries, an ex-Contractors Association chief warned yesterday. Stephen Wrinkle told Tribune Business that The Bahamas “doesn’t
'Substantial appetite' anticipated for visa despite Barbados lag
The Economic Recovery Committee’s co-chair yesterday predicted there will be “substantial appetite” for The Bahamas’ proposed annual work/study visa even though it lags rivals such as Barbados. Marlon Johnson, who is also the Ministry of Finance’s a
'Airbnbs of ocean' face satellite tracking plans
A prominent realtor yesterday disclosed he is working on a “nano satellite” tracking app that would aid The Bahamas in regulating and taxing “the Airbnbs of the ocean”.Mario Carey, the Better Homes and Gardens Real Estate MCR Group Bahamas principal,
Govt urged: Speed up GB airport acquisition
Grand Bahama’s Chamber of Commerce yesterday urged the government to speed-up its nationalisation of the island’s airport “in the best interests of the Bahamian people”. Gregory Laroda told a webinar organised by the Government-appointed Economic Re
GB Shipyard cuts further 65 workers
Grand Bahama Shipyard was last said to have laid-off a further 65 workers in what sources described as a third round of cuts as Tribune Business went to press. The company was not available for comment last night, but a well-placed source - speaking
Govt promises shared economy funding boost
A top Ministry of Finance official yesterday said “direct funding” is being provided for Bahamians wishing to pool resources and enter the vacation rental market. Marlon Johnson, acting financial secretary, told an Economic Recovery Committee webina
'Low hanging fruit' for business ideas
The years 2020 ,and perhaps 2021, will prove to be seasons where entrepreneurship, innovation and creativity will thrive. With thousands of well-established businesses failing under the COVID-19 cloud, and literally millions being laid off the world
Long Island slows despite re-opening
Long Island businesses yesterday said the economy remains slow due to the absence of international visitors even though it has been released from the latest COVID-19 lockdown. Jennifer Cartwright-Butler, owner/operator of Jen C Collection, told Trib
Family Island set out infrastructure challenge
Family Island Chamber of Commerce heads are arguing that infrastructure and communications development concerns are a major obstacle hindering their islands’ economic development. Speaking at an Economic Recovery Committee (ERC) Town Hall meeting ye
Exuma fears 'established' businesses facing closure
Exuma’s Chamber of Commerce president yesterday said there are “rumblings” that some “established” businesses on the island may permanently close once the COVID-19 lockdown is lifted. Pedro Rolle, pictured , while not naming any specific companies,
‘Boiling point’ struck on COVID open inequality
A Bahamian businessman yesterday revealed he has reached "boiling point" over the "inequality" that is allowing some competitors to open amid the COVID-19 lockdown while he and others remain closed.
Further lockdowns ‘point of no return’
Any further blanket COVID-19 lockdown could push the Bahamian economy past “the point of no return” and cause “irreparable damage” lasting for years, an accountant warned yesterday.
