'Tremendous uptick' in cyber breaches
A cyber security specialist yesterday said urged companies to identify gaps in their information technology (IT) defence after seeing a “tremendous uptick” in attacks on Bahamian networks. Philip Darville, SolveIT Bahamas’ managing director, told Tri
Use COVID-19 to kickstart domestic tourism's revival
The Chamber of Commerce’s chief executive yesterday urged The Bahamas to exploit the COVID-19 crisis to kick-start domestic tourism after managing to successfully contain the virus to-date.Jeffrey Beckles said that while “the restarting of our touris
Govt sued over PI project ‘u-turn’
The Bahamian entrepreneur behind the proposed $2m renovation of Paradise Island's lighthouse yesterday said he refuses to continue "begging like a Jonser" after taking his battle with the Government to court.
Atlantis to open its doors on July 7
Hotel workers yesterday voiced optimism that Atlantis's planned July 7 re-opening represents "real progress" towards a full-on tourism rebound almost three months after the industry's near-total shutdown.
Hotel union 'bracing for worst' as Hilton cuts 15%
The hotel union yesterday said it is “bracing for the worst” after the British Colonial Hilton blamed the “unprecedented” COVID-19 fall-out for forcing a 15 percent cut in its workforce.Darrin Woods, the Bahamas Hotel, Catering and Allied Workers Uni
Bahamas First fights off IT system hackers
A major Bahamian insurance company has revealed it almost fell victim to computer hackers “during the height” of the COVID-19 pandemic’s lockdown. Bahamas First, the property and casualty underwriter, revealed in its just-released 2019 annual report
Arawak and Potter's Cay vendors not 100% ready
Not all restaurants at Arawak Cay and Potter’s Cay dock will be re-opening tomorrow as some are still implementing the COVID-19 health and safety protocols mandated by the Government. Rodney Russell, president of the Arawak Cay Conch, Fish, Vegetabl
Tourism is promoted through 'virtual sales'
The Ministry of Tourism held a series of virtual sales missions during the COVID-19 lockdown in a bid to maintain The Bahamas’ status as a top destination with the US and Canadian travel industries. Officials participated in online events such as we
Rising oil prices hit Bahamians at pump
A major Bahamian fuel provider yesterday said rising global oil prices, driven by increased economic activity as the world emerges from the COVID-19 lockdown, has driven its gasoline prices back to almost $4 per gallon. Valentino Hanna, general mana
Lands and Surveys set for 'great leap forward'
The Bahamas Association of Land Surveyors (BALS) yesterday said it is awaiting the imminent arrival of a new surveyor-general as the government unveiled plans to upgrade the Department of Lands and Surveys. Pakeisha Parker-Edgecombe, parliamentary s
Ministers hails 'unprecedented' $140m social protection net
A Cabinet minister yesterday hailed the 2020-2021 Budget’s expanded $140m social safety net as “an unprecedented measure for an unprecedented time”. Frankie Campbell, minister for social services and urban development, told the House of Assembly dur
Tax crackdown ramp up 'slower than we wanted'
The Ministry of Finance’s top official has blamed COVID-19 for disrupting the “ramp up” of its tax cheats crackdown through a unit charged with ultimately generating $80m-$100m in extra revenues per annum.Marlon Johnson told Tribune Business that the
Caribbean Bottling expands home-produced product line
Caribbean Bottling Company (CBC) has expanded its locally-produced product line with the launch of Sprite Cranberry just prior to summer 2020. The new flavour, which features the crisp taste of fresh cranberries, contains no sugar or calories. It wi
Realtors support rate cut to boost economy
The Bahamas Real Estate Association’s (BREA) president is hoping the government will consider economic citizenship and interest rate cuts as ways to stimulate growth for her industry and the wider economy. With realtors reporting strong interest in
Accountants bracing for insolvency 'spike'
Bahamian accountants are bracing for “a spike” in corporate liquidations, receiverships and restructuring over the next two-three months as the post-COVID-19 fate of many businesses is determined. Craig A “Tony” Gomez, the Baker Tilly Gomez accounta
