Bahamas must be 'global climate change advocate'
The Bahamas and other vulnerable small island states need to become “global advocates” in the battle against climate change, a former Cabinet minister said yesterday. Zhivargo Laing, former minister of state for finance, told a panel discussion at t
Digital B$ critical to disaster strategies
The Bahamian digital dollar is part of the government’s strategy to create “sustainable solutions” for Dorian-type natural disasters, the deputy prime minister said yesterday. K Peter Turnquest, addressing the RoyalFidelity Bahamas Economic Outlook c
ART OF GRAPHIX: Stamping your mark on digital image edits
The clone stamp tool is the oldest and most widely-known replicating device in the Photoshop tool box. The clone stamp is used in digital image editing to replace information from one part of a picture with information from another part. In other ima
Small Business Centre aids 6,700 entrepreneurs
More than 50 percent of the financing approved by the Small Business Development Centre (SBDC) has gone to Hurricane Dorian-impacted entrepreneurs, the deputy prime minister said yesterday. K Peter Turnquest, pictured , tabling the mid-year budget p
Royal Caribbean in $50m PI investment
Royal Caribbean will invest around $50m to develop its Royal Beach Club project on Paradise Island, its chief executive has revealed, having set a late 2022 target date for its opening. Michael Bayley, who is also the cruise line’s president, told T
Construction 'being killed' by large-scale expat hiring
The Bahamian construction industry is being “killed and decimated” by the large-scale importation of foreign workers for jobs that are not being made known to locals, it was argued yesterday.Leonard Sands, the Bahamian Contractors Association’s (BCA)
Insurance VAT can cover public assets, govt told
The government was yesterday urged by a top insurer to use the VAT monies it is earning on insurance premiums to purchase coverage for its buildings and public infrastructure assets.Anton Saunders, RoyalStar Assurance’s managing director, told Tribun
‘Vulnerable on several fronts’ to coronavirus
A Bahamian risk management specialist yesterday warned that this nation is “vulnerable on a few fronts” to the coronavirus outbreak, adding: “This is a storm of its own before hurricane season.”
Insurance to give govt full $65m on Grand Lucayan
A Cabinet minister yesterday said Dorian-related insurance claims will ensure the government receives the full $65m Grand Lucayan purchase price, adding: “Now is time to invest in Grand Bahama.” Kwasi Thompson, minister of state for Grand Bahama, ex
GB Power will reveal new fee's sum raised
Grand Bahama Power Company has been ordered by its regulator to publish quarterly reports showing how much it has collected from its Dorian reconstruction levy, it was revealed yesterday.The Grand Bahama Port Authority (GBPA), in a statement seeking
Arawak Cay undergoes management changes
Arawak Cay vendors have been urged to bring rental payments current, and warned that stall sub-leasing must end, as the popular destination’s management has changed hands.Michael Pintard, minister of agriculture and marine resources, told vendors at
Contractors preparing skills data for 'construction boom'
The Bahamian Contractors Association (BCA) is developing a database of construction firms and skilled workers to ensure Bahamians do not miss out on a building boom, its president said yesterday. Michael Pratt told Tribune Business that the absence
Airbnb: Vital to expose the students to tourism
An Airbnb executive yesterday said it was critical to expose Bahamian students to tourism opportunities as part of its responsibility as a “21st century company”. Chloe Burke, the vacation rental facilitator’s public policy associate with responsibi
Minister: GB poised for six-fold visitor increase
Grand Bahama is poised for a near six-fold increase in visitor arrivals from two projects that will be “the catalyst for tourism’s rebirth” on that island, a Cabinet minister revealed yesterday.
Bay Street's 'survival' fears on Royal Caribbean PI deal
Bay Street retailers yesterday reacted furiously to revelations of Royal Caribbean’s planned Paradise Island “beach break” destination, and questioned: “How will we survive?”Leon Griffin, Treasure Bahamas general manager, told Tribune Business he was
