Hotelier calls for 'calibrated' action on COVID surge
A Harbour Island hotelier yesterday urged the government to adopt “a more calibrated approach” to the surge in COVID-19 infections rather than cut off all commercial transport links to the US.Benjamin Simmons, proprietor of The Other Side and Ocean V
Offshore banks: 65% report no COVID impact
Some 65 percent of Bahamas-based international banks have suffered “little or no financial impact” from COVID-19, the Central Bank revealed yesterday, marking the sector as one of the few to emerge relatively unscathed to-date.
'Increase subsidy or Bahamasair closes'
Bahamasair’s chairman yesterday warned the airline will “close down” without an increase in taxpayer subsidies after its top-line was cut by $22m due to Hurricane Dorian and COVID-19.Tommy Turnquest, pictured, speaking after the national flag carrier
'Many casualties' feared if GB put into lockdown
The government was yesterday warned that Grand Bahama’s private sector will suffer “a lot of casualties” if it implements an island-wide COVID-19 lockdown lasting “beyond a week or two”.Greg Laroda, the Grand Bahama Chamber of Commerce president, tol
Development Bank shows relaunch logo
Bahamas Development Bank (BDB) staff have celebrated the relaunch of the 42-year-old institution with a new logo. This features a multi-coloured hummingbird combining flashes of red, blue, green, yellow and pink. The new brand for the Bank was devel
Chamber talks trade with Cuban diplomat
The Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) has met the new Cuban ambassador to discuss potential business and trade opportunities. Jeffrey N Beckles, the Chamber’s chief executive, and Charo Morley, its trade services manag
Andros tourism product built to tackle COVID-19
The eighth annual Andros Business Outlook conference will be held this Friday as the island and wider Bahamas continue the fight to rebound from the COVID-19 pandemic. The event, which will be held under the theme, A new era: Resilience in the face
Cruise line confirms CDC-delayed return
Bahamas Paradise Cruise Line yesterday said US health authorities had left it with “no choice” but to delay its operational restart until October 1. The operator of the Grand Celebration and Grand Classica , which sail to Freeport and Nassau respect
'Body blow' for tourism restart
The tourism industry’s revival has suffered “a body blow” by the continued Atlantis and cruise industry uncertainty, a Cabinet minister has conceded, as commercial travel to the US was yesterday cut-off. Dionisio D’Aguilar, minister of tourism and a
Bay Street sees 80% income loss extended longer
Eighty percent of the spending that kept Bay Street afloat has dried up via a cruise industry shutdown just extended to October 1, the Downtown Nassau Partnership’s (DNP) co-chair has revealed. Charles Klonaris told Tribune Business he does not fore
US travel shut down 'low-risk proposition'
The government’s move to close The Bahamas’ borders to all commercial transportation from the US was yesterday branded “a low-risk proposition” by the Chamber of Commerce’s chief executive. Jeffrey Beckles, pictured , told Tribune Business the decis
Arawak Cay just 25% recovered pre-new closure
Arawak Cay vendors had only recovered 25 percent of their pre-COVID business volumes prior to yesterday’s decision by the prime minister to shut the popular Fish Fry destination a second time.Rodney Russell, the Arawak Cay Association’s president, to
ActivTrades: Change may be uncomfortable but we must embrace it
Altering habits isn’t easy, there is comfort in routine and change can be painful; we have all experienced, at various points in our lives, the disruption caused by it: the first day at a new school, a relationship break-up, changing jobs, etc.
Exuma companies eye road project spin-offs
Exuma businesses are hoping a project to upgrade ten miles of the island’s roads will provide a much-needed boost to the economy and employment amid ongoing COVID-19 struggles.Caribbean Pavement Solutions (CPS), a Bahamas Striping Group of Companies
Bahamian aids focus over compliance risks
A Bahamian compliance professional was part of a panel that examined the growing risks created by operating and supply chain changes enforced by the COVID-19 pandemic. Cheryl Bazard, pictured, featured in the discussion led by Risk Assisting Network
