Hilton give staff vacation 'option'
The British Colonial Hilton yesterday confirmed it has given staff the “option” of taking two weeks’ vacation leave as it joins Atlantis in seeking to reduce labour costs amid the coronavirus pandemic. Pablo Casal, the downtown Nassau resort’s gener
Commission suspends its on-site examinations
The Securities Commission yesterday said it has suspended all “routine” on-site examinations of its capital markets and investment funds licensees in response to the coronavirus epidemic. The financial services regulator, confirming that the suspens
Bay Street shutdown branded 'lifetime first'
A prominent realtor yesterday described Bay Street’s virtual shut-down as a “lifetime first” as his firm moved to join others in working from home amid the coronavirus pandemic.Mario Carey, principal of Better Homes and Gardens Real Estate MCR Group
GB Power unveils coronavirus plans
Grand Bahama Power Company yesterday said it has initiated measures to both prevent the spread of the coronavirus and provide customers with some relief from the economic fall-out. To help safeguard the health and well-being of employees, contractor
Ardastra Gardens takes coronavirus precautions
Ardastra Gardens yesterday said it will remain open despite the drop-off in tourist traffic as it implements precautionary measures to counter the coronavirus. “In an effort to keep our staff and the animals healthy and safe, we’ve temporarily suspe
Security chief warns on virus-related crime spike
The founder of a private security firm yesterday urged Bahamians to exercise extreme caution in the coming weeks amid forecasts of a spike in crime due to coronavirus-related unemployment.Elston Bain, pictured, a 16-year veteran of the Royal Bahamas
Bay Street braces for 50% sales hit
Bay Street merchants yesterday revealed they are bracing for at least a 50 percent sales hit due to the 30-day cruise industry shutdown as several mull closures amid the coronavirus pandemic. Maria Liminatis, the Fashion Centre’s general manager, to
BPL Board to consider disconnection suspend
Bahamas Power & Light’s (BPL) status as “a broke company” means it will be challenged to suspend customer disconnections when its board meets today to discuss the issue.
'Matter of time' before Atlantis unpaid leave is sector norm
The hotel union’s president yesterday said it was “only a matter of time” before other resorts follow Atlantis’s lead in asking staff to “volunteer” to take two weeks unpaid leave amid the COVID-19 crisis. Darrin Woods told Tribune Business that the
Governor: $2bn reserves enough to overcome virus
The Central Bank’s governor yesterday reassured that $2bn in external reserves are enough to meet The Bahamas’ foreign currency needs despite the “major reduction” projected due to the virus.John Rolle, in e-mailed replies to Tribune Business questio
Bran: Suspend NIB, business licence fees for two months
The DNA’s ex-leader yesterday urged the government to defer business licence and National Insurance Board (NIB) payments for two months to “ease the strain” on businesses and employees.Branville McCartney told Tribune Business that the Minnis adminis
Club Med closure has San Salvador facing shutdown
San Salvador’s economy was last night facing a month-long shutdown after Club Med yesterday confirmed its Columbus Isle resort will close from this coming Saturday until April 26.A representative for the resort chain, which is owned by the Chinese co
GB Chamber chief fears on 'supply chain impact'
The Grand Bahama Chamber of Commerce’s president yesterday voiced fears that the island’s supply chain will be “seriously impacted” if Balearia joins the Grand Celebration in suspending voyages. Gregory LaRoda told Tribune Business that the potentia
Law School takes a STEP to yearly moot
The Society of Trust and Estate Practitioners Bahamas (STEP Bahamas) teamed with the Eugene Dupuch Law School (EDLS) to stage the annual moot at the British Colonial Hilton. Law School students partnered with Lennox Paton (the defending champion and
Uncertainty rules over cleaning supply restock
Pharmacies and food stores yesterday said they remain uncertain as to when full supplies of Lysol or hand sanitiser will be restored to their shelves amid the coronavirus pandemic. Raymond Albury, the Prescription Centre Pharmacy’s general manager,
