Information firm's new HQ marks its 20th anniversary
Sunryse Information Management has celebrated its 20th anniversary in business by opening its new 38,000 square foot headquarters building on Fire Trail Road. The full-service information management company was started in 2000 by Chris Sawyer and hi
Doctors Hospital moves over healthcare barriers
A senior Doctors Hospital executive says it has moved to combat “access and affordability barriers” to healthcare stemming from COVID-19 job losses and increasingly stringent insurance policies.Dennis Deveaux, the BISX-listed healthcare provider’s ch
Small business faces $748m 'financing gap'
Bahamian small and medium-sized enterprises (SMEs) face a “financing gap” that could be as large as $748m, the Bahamas Development Bank’s (BDB) transformation plan estimates. The report, a copy of which has been seen by Tribune Business , suggests t
'Nothing off table' over Bahamasair cost-cutting plans
Bahamasair’s chairman yesterday said that while there had been no formal discussions with government on staff salary deferrals, “nothing is off the table” as the airline seeks to drastically cut costs.Tommy Turnquest confirmed to Tribune Business tha
Chamber chief urges: Lockdown Nassau for Emancipation holiday
Exuma’s Chamber of Commerce president yesterday called for Nassauvians to be banned from travelling to the Family Islands for Emancipation Day if COVID-19 cases continue to spike in the capital. Pedro Rolle, telling Tribune Business that “many peopl
Abaco: 'Lockdown last thing we need'
Abaco was yesterday “holding its breath” over COVID-19’s arrival, with the island’s Chamber of Commerce president warning: “The last thing we need right now is a lockdown.” Ken Hutton told Tribune Business that any new shutdown to halt the virus’ sp
'Only 20% qualifying for average mortgage'
Just 20 percent of Bahamians are able to service and qualify for an “average” mortgage, the Bahamas Development Bank’s (BDB) strategic transformation report estimates.Canada-based International Financial Consulting (IFC), in a document tabled in the
Seek digital 'boost' amid COVID woe
Bahamian companies must give themselves a “plus or a boost” amid the COVID-19 pandemic through establishing a sustainable digital component to their operations. Ricardo McHardy, lead digital marketer for Island Business Media, told Tribune Business:
Managing COVID change is true test of leadership
Change is happening all around us. COVID-19 has exacerbated corporate changes, and what might have taken years to realise is happening right before our eyes. The test of true leadership is how we manage in the midst of these rapid changes.Today we pr
Trust meets BAIC over National Park proposal
Bahamas National Trust (BNT) officials yesterday met with newly-appointed Bahamas Agricultural and Industrial Corporation (BAIC) general manager, Rocky Nesbitt. The meeting was held to follow-up on a proposal to establish Sweeting’s Pond in Hatchet
2020 'a bust' for vacation rentals
A “lifeline for the Bahamian tourism economy” has suffered the “biggest hit” possible as a result of the government’s border closure for US commercial transportation, a top realtor warned yesterday. John Christie, HG Christie’s president and managin
Marinas 'stave off' border close fears
Bahamian marinas yesterday said they had managed to “stave off” any major fall-out from international media reports that this nation was closing its borders to all US travellers due to COVID-19. Peter Maury, the Association of Bahamas Marinas (ABM)
Union chief: 2020 is total 'write-off' for tourism sector
The hotel union’s president branded 2020 as “a complete write-off” for tourism as more major hotel properties yesterday either extended their closures or unveiled plans to shut yet again.Darrin Woods, the Bahamas Hotel, Catering and Allied Workers Un
BPL delinquencies may force further govt help
The government may be forced into giving Bahamas Power & Light (BPL) a further bail-out if too few of its 16,000 delinquent customers pay-off their arrears, a Cabinet minister warned yesterday.
'No surprise' if NIB pays out $100m
A Cabinet minister yesterday said he will “not be surprised” if the National Insurance Board (NIB) ends up paying out $100m in benefits to Bahamians as a result of the COVID-19 pandemic. Brensil Rolle, minister of the public service and national ins
