Food stores cope on social distance
Food stores yesterday said they were coping with the newly-enforced social distancing policy implemented by the government to combat the COVID-19 outbreak.
Atlantis extends temporary closure until May 15
ATLANTIS has announced its temporary closure from 3pm today until May 15.
Central Bank: 'Tolerant treatment' for bad loans
The Central Bank yesterday said it will exercise “tolerant regulatory treatment” during the COVID-19 crisis by not treating support provided to distressed borrowers as arrears or restructured loans.
Drivers 'must see bigger picture' on jitney closure
A union leader yesterday said jitney drivers must “see the bigger picture” and stop complaining over the industry’s COVID-19 enforced shutdown.
DPM: Bahamas faces 'deep, stark' recession
The deputy prime minister yesterday warned The Bahamas faces a “very deep and stark recession”, and urged it to brace for “major problems” if the COVID-19 crisis continues beyond summer.
CIBC expanding loan holiday to credit cards
CIBC FirstCaribbean yesterday said it is expanding its three-month loan repayment waiver to credit card holders who are either current or less than 60 days in arrears.
Cable to waive reconnect fee
Cable Bahamas yesterday said it will waive reconnection fees for all customer accounts previously disconnected for non-payment as it moves to lessen the COVID-19 fall-out for Bahamians.
Scotiabank joins loan holiday trend
Scotiabank (Bahamas) yesterday became the latest commercial bank to respond to the COVID-19 crisis by offering distressed borrowers a three-month loan repayment holiday.
AG: We can get 'strict' on banks
The Attorney General yesterday warned that the government could get “very strict” by forcing banks to close their branch doors as part of efforts to combat the COVID-19m pandemic.
Private sector 'compiles' concerns over lockdown
The private sector is “compiling” its concerns over the potential 30-day lockdown extension and the sectors that will be exempted for presentation to the government, it was revealed last night.
Marinas lose 'through roof' bookings to virus
The COVID-19 crisis was yesterday said to have cost Bahamian marinas what was shaping up to be “the best season ever” with bookings that were “through the roof” as recently as early March.
Bahamian airlines may seek COVID crisis assistance
Private Bahamian airlines will require financial assistance “to get back in the game” once the COVID-19 crisis has passed, an industry operator warned yesterday.
Port's 50% tariff slash 'for masses, not few'
Nassau’s main commercial shipping port yesterday pledged that slashing all tariff rates by 50 percent for the next month will ease the COVID-19 pain for “the masses rather than the select few”.
Airlines - we’ll need a bailout
Private Bahamian airlines will require financial assistance "to get back in the game" once the COVID-19 crisis has passed, an industry operator warned yesterday.
Abaco: Back to ground zero
Abaco's Chamber of Commerce president yesterday said the island's post-Dorian recovery has been plunged "back to ground zero" by the COVID-19 crisis, adding: "We're on our own again."
