'Level playing field' on Family Island re-open
Eleuthera’s Chamber of Commerce president yesterday called for “a level playing field” on the re-opening of Family Island economies, and warned: “The well-being of communities across this island is at stake.” Thomas Sands, in a messaged reply to Tri
Phew! Govts relief port not given to cruise lines
The government is breathing a sigh of relief that it did not award Nassau cruise port’s multi-million dollar transformation to the cruise line consortium given COVID-19’s disruption, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, minister
Marinas 'chomping at bit' to lead re-opening
Bahamian marinas are “chomping at the bit” to re-open before the wider tourism industry in a bid to make multi-million dollar inroads into the lucrative yacht charter market, it was revealed yesterday.Dionisio D’Aguilar, minister of tourism and aviat
Aviation industry calls for reopen 'guidance'
The Bahamian aviation industry needs details and “guidance” on all the health and safety protocols it will need to implement so that it can re-open to inter-island and international commercial travel once again. Anthony K Hamilton, president of the
More than 350 set to attend financial services briefing
More than 350 financial services executives had confirmed they will attend tomorrow’s government briefing that will be led by remarks from Prime Minister Dr Hubert Minnis. The virtual symposium is being staged by the Ministry of Financial Services,
BISX celebrates 20th anniversary
The Bahamas International Securities Exchange (BISX) last week celebrated 20 years since it began electronic trading on May 12, 2000, as a “proud day” that signals it has become a key part of the “financial landscape”. Incorporated on September 23,
Storm manufacturers: Phone has not stopped
Manufacturers of hurricane-resistant windows and doors yesterday said “the phone has not stopped ringing” on the first day they were permitted to conduct business following the COVID-19 lockdown. Lilla Smith-Mosby, Bahamas Aluminum Manufacturing Com
Economic Recovery team's dual strategy
The government-appointed Economic Recovery Committee (ERC) says it is focused on a dual strategy as it begins a seven-week public consultation exercise seeking recommendations on ten key sectors.The committee, appointed in the wake of the economic sh
Chamber chief: 'Progress on reopening is occurring'
The Chamber of Commerce’s chief executive has reassured that “progress is being made” on reopening the Bahamian economy despite the outcry over restrictions being left in place on some Family Islands. Jeffrey Beckles acknowledged that more work is n
$250m PI investment 'shakes off' lockdown
Sterling Global Financial’s $250m Hurricane Hole redevelopment is “shaking off” the COVID-19 lockdown with a construction restart that has brought 75 Bahamians back to work.The Paradise Island-based project has resumed with masks and social distancin
Govt urged: End Abaco lockdown
Abaco’s Chamber of Commerce president is urging the prime minister to “revisit” a weekend lockdown that “makes no sense” with Dorian-ravaged residents now racing against time to prepare for the new hurricane season. Ken Hutton told Tribune Business
Warning new loans could be expensive
Fears have been raised that the Government's debt costs may double with any new COVID-19 foreign currency borrowings it undertakes as a result of unfavourable secondary market conditions.
In the bag - Global has port funding
Nassau Cruise Port's top executive yesterday hailed the "monumental achievement" in beating its $130m capital raising target amid the economic turmoil created by the COVID-19 pandemic.
Atlantis chief sees 'light at tunnel end'
Atlantis’s top executive says there is “light at the end of the tunnel” as the Paradise Island mega resort targets the June 15 re-opening of its Royal Towers as the first stage in a phased return. Audrey Oswell, the property’s president and managing
Govt is urged: 'Let Bahamians thrive'
The entrepreneur behind the proposed $2m restoration of Paradise Island’s lighthouse is urging the government to “get out the way and let all Bahamians thrive” in a bid to reboot the economy after COVID-19. Toby Smith, principal of Paradise Island L
