Dorian donations just $1.14m so far
Over $250m in fundraising for Hurricane Dorian reconstruction is still awaiting to be confirmed with the Disaster Reconstruction Authority only receiving $1.14m to date.
Hair industry asks 'Why leave us out?'
It’s “egregious” that hair salons and barbers were left out of the August 31 reopening plan and they want to know why.
Moody's: GDP down by a fifth
Moody’s expects a 22 percent contraction in GDP in 2020, citing high unemployment and a near tourism collapse in 2020.
Two-year risk to nation's credit
Downside risk to the country’s credit profile will remain for the next two years, ratings agency Moody’s warns as it keeps the country’s sovereign credit rating to Ba2 with a negative outlook.
Sharp rise in households with income below minimum wage
THE number of households reporting an income below the minimum wage in April nearly trebled, according to an Inter-American Development Bank (IADB) report.
700 Wines & Spirits brings back curbside
A major retail liquor store chain will be ready to operate curbside as commercial activity restarts on August 31.
Jitney drivers ask 'What about us?'
Jitney drivers are “totally irate” and “sorely displeased” after being left out of the latest emergency powers orders that allowed for commercial activity to resume on August 31.
Bahamas Paradise Cruise Line to pay $875,000 back wages
Bahamas Paradise Cruise Line will pay back wages totalling $875,000, which were owed to the crew while they were stuck on board their ships over the past two months due to the COVID-19 pandemic.
'VAT holiday? Who's buying uniform for virtual school?'
Retailers are not enthused about the back to school value added tax (VAT) holiday set to run from August 31 to September 20.
‘No VAT cut’ after lockdown
The deputy prime minister said that there will be no tax cuts or additional incentives for businesses coming out of the COVID-19 lockdown.
Back to school VAT holiday 'still on table'
The deputy prime minister said that the back to school value added tax (VAT) tax holiday is “absolutely” still on the table to help citizens during this difficult times brought on by the COVID-19 shutdown.
Restaurants happy to reopen – but say revenue will be halved
Restaurants are “excited” to be able to reopen on August 31, but the restrictions still means more than half in revenue losses.
Essential businesses see trade down by half
Business has fallen by 50 percent and is beginning to slow down even more at essential services businesses during the COVID-19 lockdown.
Hardship sign: Incoming wire transfers 'doubling'
The Bahamas is no longer "a sending country" for international wire transfers, money transmission providers revealed yesterday, with incoming transactions "doubling" due to COVID-19 hardship. Harvey Morris, Omni Financial Group’s chief executive, to
PM's address 'struck the COVID-9 balance'
The Chamber of Commerce's chief executive last night praised the Prime Minister for "striking a good balance" between COVID-19's economic and health challenges in his decision to relax restrictions. Jeffrey Beckles told Tribune Business that Dr Hube
