Pharmacies push govt for easing of patient pains
Pharmacies yesterday urged the government to permit five days per week opening and to better define what “curbside service” means for the industry during the present COVID-19 lockdown.
COVID alcohol bar cuts Brewery revenue 48%
Commonwealth Brewery has disclosed that the COVID-19-related bar on alcohol sales slashed its 2020 second quarter revenues by 48 percent year-over-year, dropping it to a $3.16m first half net loss.
Boaters hit by inter-isle quarantine restrictions
Bahamian marinas yesterday voiced fears it may be “too late” to prevent visiting boaters bypassing this nation in favour of the southern Caribbean due to the latest COVID-19 lockdown.
Davis: ‘No surprise’ on BPL power plant woe
The government’s political opponents yesterday argued there was “no surprise” that Bahamas Power & Light’s (BPL) multi-fuel power plant deal with Shell had seemingly run into difficulty.
Food retailer sees no benefit in extra hours
One food retailer yesterday said that extending Saturday shopping until 6pm for “essential workers” will only produce losses through driving up costs without the revenue earnings to match.
Foreign investment flows slump by 33%
Foreign direct investment (FDI) inflows into the Bahamian economy fell by one-third in 2019, it has been revealed, signalling it is unlikely to fill the COVID-19 foreign currency vacuum left by tourism. The just-released World Investment Report 2020
Lockdown 'seesaw' simply unsustainable
Eleuthera’s Chamber of Commerce president has warned the economy “cannot live on the lockdown seesaw for ever”, with The Bahamas now facing a “salvage” as opposed to recovery operation. Thomas Sands, in e-mailed replies to Tribune Business questions
Shell urges ‘timely’ power plant closing
Bahamas Power & Light’s (BPL) chairman yesterday pledged he is focused on “getting the best possible deal” for its new power plant as its multinational partner called for “the timely closure” of negotiations.
Tourism 'cannot' return amid surge
The Bahamas “cannot” relaunch its vital tourism industry until the latest COVID-19 outbreak is contained and a “strict 14-day quarantine” regime in place, a Cabinet minister warned yesterday. Dionisio D’Aguilar, minister of tourism and aviation, war
ActivTrades: Lessons to learn from the Swedes softly-softly approach
While most countries around the world reacted to the COVID pandemic by imposing strict social distancing measures, often requiring the shutting down of large sectors of their economies, one nation stands out, having decided to take an alternative approach. I am of course referring to Sweden.
Long Island 'excited' on lockdown release
Long Island’s Chamber of Commerce president yesterday said she was “very excited” that the island has been released from the nationwide COVID-19 lockdown and can resume commerce from today. However, Cheryl de Goicoechea told Tribune Business that Lo
GB companies exploit lockdown to restructure
Some Grand Bahama businesses say they are using the latest COVID-19 lockdown to complete internal projects and restructuring that would have been difficult had they remained open.James Rolle, Dolly Madison’s general manager, said: “What we’re doing i
Water suppliers now face bottle shortages
A water provider is urging the government to permit its bottle suppliers to open during the COVID-19 lockdown to prevent raw materials shortages that impact customers.Andrew Clarke, owner/operator of Crystal Select, told Tribune Business: “The only t
Delivery firms argue lockdown 'too narrow'
The delivery firms previously hailed by the prime minister are now pressing for relaxation of the present lockdown restrictions after being hurt by the immediate total shutdown of many business clients.Granville Collie, MUTRU’s managing director, tol
Chamber chief hails relaxation for Abaco
Abaco’s Chamber of Commerce president yesterday hailed the relaxation of COVID-19 lockdown restrictions on that island as “welcome news” for its post-Dorian reconstruction. Ken Hutton, pictured , told Tribune Business he had been requesting the chan
