Retailer's 'hard call' over Mall departure
A Bahamian retailer yesterday said it had made “the hard call” to end its 30-year presence at the Mall at Marathon after being placed “in an impossible position” by its landlord during lease renewal talks. Egan Kemp, president of Eunison Company, th
Central Bank halts Canadian bank dividends
The Central Bank of The Bahamas has suspended the granting of all exchange control approvals for the payment of dividends by the Canadian-owned commercial banks to their foreign parent.The move, which took “immediate effect” from March, will impact R
'Critical' to extend Dorian tax breaks
Abaco’s Chamber of Commerce president yesterday said it was “absolutely critical” for the government to extend the Hurricane Dorian tax breaks due to expire on June 30. Ken Hutton told Tribune Business : It is critical we extend it. Absolutely criti
Royal Caribbean targets June for cruise re-start
Royal Caribbean yesterday became the latest cruise line to target a mid-June restart despite no indication being given as to when The Bahamas’ borders will re-open. The cruise industry giant updated its website to state it has pushed back the target
Blanco hopes sanitiser available in-store today
A Bahamian manufacturer is hoping its newly-produced hand sanitizer will be available to consumers either today or Friday through the major food stores. Roman Knowles, Blanco Bleach’s sales manager, said yesterday: “We are currently distributing to
ART OF GRAPHIX: Internet cookies are a 'double-edged sword'
Whether you are just a casual Internet user or make a living as a web developer, there are certain things about HTTP cookies that everyone should know, such as their purpose and its privacy. If you have used a web browser such as Chrome, Firefox, Int
Airbnb: Vacation rental bookings remain strong
Airbnb will in May launch an initiative designed to give hosts educational information and two options for providing guests with accommodation according to improved health and cleaning measures. The vacation rental platform said these standards were
Food retailers fear May sales plunge
Bahamian food retailers yesterday said they fear May sales will drop as temporarily laid-off persons and others run out of savings and other income that has sustained demand to-date. Bradley Rolle, Centreville Food Market’s general manager, told Tri
GB Utility makes progress on restoring water supply
Grand Bahama’s water supplier has provided several communities with a timely “shot in the arm” by restoring services amid the COVID-19 pandemic.Grand Bahama Utility Company (GBUC) confirmed that it has restored potable water supplies to Lewis Yard, M
Fear virus may derail cruise port investors
A Cabinet minister is voicing fears that the COVID-19 pandemic may have derailed ambitions to give 20,000-plus Bahamians an ownership stake in the new $250m Nassau Cruise Port. Dionisio D’Aguilar, minister of tourism and aviation, told Tribune Busin
Retailer hits out on lockdown 'inequity'
A Bahamian shoe retailer yesterday warned the government’s lockdown is creating “unfairness and inequity” in the sector by enabling “essential” firms to sell the same products closed rivals cannot.Egan Kemp, president of Eunison Company, the Shoe Dep
Insurer issues profits warning over COVID-19
Colina Holdings (Bahamas) has become the first BISX-listed company to issue a 2020 profits warning due to the COVID-19 pandemic’s impact. The parent of Colina Insurance Company, the life and health underwriter, told shareholders in footnotes to its
Super Value: March VAT 'highest ever'
Super Value’s president yesterday said its March VAT return was the “highest ever” after COVID-19 shoppers drove a 36 percent increase in store sales and even greater warehouse output.Rupert Roberts told Tribune Business that the 13-store supermarket
Auto insurance: 'Stop talking and let's get it done'
A leading Bahamian insurer says the industry and government must “stop talking and do it” over plans for vehicle insurance polices to be electronically uploaded into Road Traffic’s system. Anton Saunders, RoyalStar Assurance’s managing director, tol
Bridging digital divide in world's new reality
In an address to the nation on COVID-19, the Prime Minister said: “Innovation and trying new things are an essential part of what we must do at this time.” This statement was followed by Dr Hubert Minnis encouraging Bahamians to continue creating mor
