Disney urged: Update lighthouse point EIA
Bahamian environmental activists yesterday urged Disney Cruise Line to update studies for its Lighthouse Point proposal to account for the impacts of COVID-19 and climate change. The groups behind the Stop Disney - Last Chance for Lighthouse Point c
Real estate sales in 'shocking' 92% drop
Real estate industry data has revealed that Bahamian property sales volumes crashed by “a shocking” 92 percent year-over-year at the height of the COVID-19 pandemic. Timothy Smith, of Better Homes and Gardens Real Estate MCR Group Bahamas, told Trib
Govt 'recalibrates' to avoid tourism strangle
The government is continuing to “recalibrate” its COVID-19 travel protocols to give Bahamians “substantial protection without absolutely strangling tourism”, the attorney general said yesterday. Carl Bethel QC told Tribune Business that internal adm
Private pilots targeting 'instantaneous' rebound
A leading private pilot believes the Bahamas will enjoy an “instantaneous” rebound from COVID-19 in that aviation market after record numbers signed up for a regular November flight to Long Island.Jim Parker, president of Caribbean Flying Adventures.
New lockdown may be ‘economic suicide’
Bahamian retailers gave a mixed reaction to the reimposition of weekend lockdowns with some branding it as akin to "economic and national suicide" and others backing the Prime Minister's move.
Ministry bids to help Long Island farmers
Farmers in Long Island have identified immediate assistance with land clearing, entry into the poultry market and the introduction of shrimp farming as critical to expanding the island’s agriculture output. The concerns were raised during a virtual
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
