Local Business

Subscribe

Jitneys: Return to the road already a 'battle'

Jitney drivers say their return to the roads has already become a “battle” with their livelihoods “hanging on a thread” due to uncertainty over proposed fare increases. Harrison Moxey, the United Public Transportation Company’s (UPTC) president, told

Family Island tourism firms to reopen today

The Prime Minister’s Office has given permission for Family Island-based tourism attractions, excursions and tours to resume operations from today.It added that wearing face masks and the implementation of physical distancing protocols will be mandat

Court to supervise Cavalier's wind-up

Cavalier Construction’s liquidation was yesterday placed under Supreme Court supervision after the 64 year-old contractor’s insolvency was confirmed. Once one of The Bahamas’ largest and best-known contractors, its winding-up under judicial oversigh

Tease photo

Bungled Netflix trade to cost Ansbacher $317k

Ansbacher (Bahamas) has been ordered to pay $317,000 in lost profits to a UK investor over a bungled Netflix share trade he claims cost him his townhouse.Justice Indra Charles, in a June 22, 2020, verdict, found that the financial services provider g

Tease photo

Govt eyes SPV for agriculture funding

The government is eyeing the creation of a special purpose vehicle (SPV) that will raise and channel financing towards agriculture, a Cabinet minister said yesterday. Michael Pintard, minister for agriculture and marine resources, told Tribune Busin

Tease photo

Bahamas First provides $65m boost to BISX

Bahamas First yesterday delivered a $65m boost to the Bahamas International Securities Exchange (BISX) by becoming the first general insurer to list on it.Patrick Ward, pictured, Bahamas First’s president and managing director, told Tribune Business

Tease photo

'Why aren't we being put first?'

The Government’s decision to permit a major Abaco resort to bring in more than 100 Mexican construction workers was yesterday branded as “beyond egregious”.

Travel consultancy turns to Bahamian tours focus

A local travel consultancy yesterday said it was focusing on its “Bahamian Bucketlist” package of Family Island experiences for the remainder of 2020. True Love Travel, a boutique travel consultancy in the Bahamas, explained that it has launched its

Balancing the risks in COVID-19 reopening

With the opening of our international borders to visitors, many are bracing with bated breath for what might be a COVID-19 resurgence in The Bahamas. We have seen many countries re-open irresponsibly or prematurely, resulting in a disastrous onslaugh

Port Authority teams for improved IT skills

The Grand Bahama Port Authority (GBPA) has teamed with a local call centre to develop a workforce with skills required by the sector and wider technology industry.The partnership with itelbpo Smart Solutions is continuing to invest in human capital d

Tourism launches its mobile planning app

The Ministry of Tourism and Aviation has launched a mobile app, pictured, to help visitors with planning a visit to The Bahamas.In a statement, it said the app’s key features include downloadable island guides; flight charter request processing; and

BAMSI set to hold virtual graduation

The Bahamas Agriculture and Marine Science Institute (BAMSI) will today hold a virtual graduation ceremony for its 2020 class. Dr Raveenia Roberts-Hanna, BAMSI’s executive director and college head, said: “While the day will not be the same as our c

Tease photo

A.G. probe into land ownership claims

A Bahamian developer yesterday warned new dubious land practices are threatening to "wreak havoc" for the construction and real estate industries.

Tease photo

'Anyone's guess' on full tourism rebound

A Cabinet minister has predicted that the Bahamian economy and its vital tourism industry will feel COVID-19’s negative impact for at least a further two years.Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Business it was “anyone

Tease photo

Abaconians promised action on unregulated shanty development

A Cabinet minister yesterday pledged that the government will take all action necessary “within the law” to halt further unregulated development on Abaco. Desmond Bannister, minister of works, told Tribune Business that the Minnis administration’s C