Pandemic gives online shopping platform lift-off
A Bahamian-developed online shopping platform yesterday said the COVID-19 pandemic had given its business an immediate lift-off despite impacting the launch.
Bahamas cannot be COVID-19 ‘pariah’
The Bahamas will experience a much more rapid post-COVID-19 economic recovery if all citizens do their part to prevent infection numbers exploding locally, a Cabinet minister urged yesterday.
Bahamas’ must break economic status quo
Regardless of the outcome when all this is over, the one clear thing is that no other event in modern history has laid bare the interconnected world, uncovering the vulnerabilities of certain countries and regions.
COVID-19 ‘last thing’ Family Islands want
Family Island businesses yesterday backed the government’s emergency nationwide COVID-19 lockdown as essential to protecting their communities despite the economic cost.
Long Island fears over coronavirus resources
Long Island’s Chamber of Commerce president has voiced concern that the island lacks sufficient COVID-19 testing kits and other health resources essential to countering the pandemic.
Food stores cope on social distance
Food stores yesterday said they were coping with the newly-enforced social distancing policy implemented by the government to combat the COVID-19 outbreak.
Atlantis extends temporary closure until May 15
ATLANTIS has announced its temporary closure from 3pm today until May 15.
Central Bank: 'Tolerant treatment' for bad loans
The Central Bank yesterday said it will exercise “tolerant regulatory treatment” during the COVID-19 crisis by not treating support provided to distressed borrowers as arrears or restructured loans.
Drivers 'must see bigger picture' on jitney closure
A union leader yesterday said jitney drivers must “see the bigger picture” and stop complaining over the industry’s COVID-19 enforced shutdown.
DPM: Bahamas faces 'deep, stark' recession
The deputy prime minister yesterday warned The Bahamas faces a “very deep and stark recession”, and urged it to brace for “major problems” if the COVID-19 crisis continues beyond summer.
CIBC expanding loan holiday to credit cards
CIBC FirstCaribbean yesterday said it is expanding its three-month loan repayment waiver to credit card holders who are either current or less than 60 days in arrears.
Cable to waive reconnect fee
Cable Bahamas yesterday said it will waive reconnection fees for all customer accounts previously disconnected for non-payment as it moves to lessen the COVID-19 fall-out for Bahamians.
Scotiabank joins loan holiday trend
Scotiabank (Bahamas) yesterday became the latest commercial bank to respond to the COVID-19 crisis by offering distressed borrowers a three-month loan repayment holiday.
AG: We can get 'strict' on banks
The Attorney General yesterday warned that the government could get “very strict” by forcing banks to close their branch doors as part of efforts to combat the COVID-19m pandemic.
Private sector 'compiles' concerns over lockdown
The private sector is “compiling” its concerns over the potential 30-day lockdown extension and the sectors that will be exempted for presentation to the government, it was revealed last night.
