Local Business

Subscribe

ART OF GRAPHIX: Don't blur your design's quality

Photoshop is a great program for just about everything - from touching up photos to designing for your own Internet sensations. However, the extensive tool selections can be daunting for novice users, as there are many buttons with each having its ow

Tease photo

Bahamas faces $2.7bn tourism shutdown loss

The Bahamas stands to lose $2.7bn in tourism revenues if the COVID-19 pandemic shuts down stopover visitors for the rest of 2020, Royal Bank’s (RBC) former top Caribbean economist is warning. Marla Dukharan, analysing the pandemic’s likely impact on

Tease photo

Pandemic to expose NIB delinquents

The COVID-19 pandemic will “expose” Bahamian employers who have failed to pay National Insurance Board (NIB) contributions on behalf of their workers, a Cabinet minister warned yesterday. Brensil Rolle, minister for the public service who has respon

'Delicate tightrope' for commercial landlords

Commercial property landlords are “walking a very delicate tightrope” through offers of 50 percent rental discounts/deferrals to ease the COVID-19 pain, a prominent Bahamian realtor said yesterday.David Morley, Morley Real Estate’s president, told Tr

Tease photo

BPL to resume disconnections

Bahamas Power & Light (BPL) last night confirmed it will resume disconnecting delinquent consumers as of today following a week-long pause amid the COVID-19 pandemic.

Insurers’ anger at premiums ‘holiday’

Bahamian life and health insurers were yesterday said to be "up in arms" after the Government ordered them to continue paying multi-million dollar claims without receiving any income in return.

$300m Baha Mar water park to complete 2021

Baha Mar’s $300m water-based theme park remains in schedule to be completed next year despite the COVID-19 enforced construction suspension, its president revealed yesterday. Graeme Davis, in an e-mailed response to Tribune Business questions, said

Food retailers: 'Difficult' to enforce new protocol

Food retailers yesterday said it was going to be “difficult” to manage and enforce the Government’s latest COVID-19 shopping protocols.Bradley Rolle, general manager of Centreville Food Market, told Tribune Business that asking customers whether they

Out Islands grateful for $1.8m in COVID-19 aid

Family Island administrators yesterday praised the government for allocating $1.8m to their islands in a bid to equip them with the necessary medical resources to combat COVID-19. Desiree Ferguson, Long Island’s administrator, told Tribune Business

Tease photo

Businesses say - we’ll need a lot more

The Government was yesterday urged to "marry health with economics" to maximise the "phenomenal gesture" of its $60m bid to safeguard up to 10,000 jobs through tax credits and deferrals.

Tease photo

Super Value chief eyes overtime ease via new measures

Super Value’s principal yesterday voiced hope that new shopping restrictions will “work better than what’s happening now” and enable him to reverse a 20 percent increase in overtime payroll. Rupert Roberts told Tribune Business that the Prime Minist

Tease photo

DPM: 'Govt running as fast as we can'

The deputy prime minister yesterday said the government was “running as fast as we can” to support Bahamians and the private sector with more than $100m in COVID-19 financial aid.K Peter Turnquest urged the private sector to have patience with the ne

Bahamas must 'keep economic patient alive'

The Fiscal Responsibility Council’s chairman yesterday said the Government needs to “keep the patient alive” and prevent the COVID-19 crisis from collapsing the Bahamian economy. Kevin Burrows told Tribune Business he felt the government has suffici

Tease photo

‘Nygard tried to short-change us’

Peter Nygard's "alarming response" to the crisis engulfing his global fashion empire was to threaten to transfer its assets to a new company just one day after stepping down as its chairman.

COVI-19 gives courier firms business boost

Courier companies say they have enjoyed a business boost due to the emergency lockdown imposed to counter the coronavirus pandemic. Barbara Ferguson, a Just Ship It managing partner, told Tribune Business : “It has increased a little with people try